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closing
Job cut jitters spur NYC buyers to ask for employment contingencies
… Spooked by layoffs in the tech industry New York City buyers are asking for exit clauses to be added to contracts … can make coop and condo boards particularly nervous … How does an employment contingency work … An employment …
When you're buying a NYC co-op, is it risky to skip the home inspection?
… … A home inspection for a coop or condo in New York City isnt standard practice our experts say Unlike a … does Either way she makes sure to provide a checklist for buyers reminding them to test outlets appliances and water … to someone who has already lived in the building to see what they are experiencing In new developments a lot of the …
What NYC buyers can expect to pay in closing costs
… When buying an apartment or townhouse in New York City youll need … of the purchase price in closing costsan amount that rises to 3 to 4 percent if the coop or townhouse is over $1 … to make sure you meet all financial obligations and see what if any costs might be shifted to the seller this …
Can you negotiate the rate and terms of your mortgage when you're buying in NYC?
… … Negotiations play a big part in the buying process in NYCyou can haggle not just over the price … it comes to the terms and rate of a mortgage The answer is Sort of Mortgage rates are determined by the market but … points to lower your rate Still many borrowers want to know what leverage they have when it comes to negotiating the …