What sellers need to know about all-cash vs. mortgage-contingent offers in NYC

… who needed financing I said do me a favor find out more about these two buyerswho they are does the allcash person … a Goldman Sachs managing director I told the seller Thats a home run and you get an extra $300000 End of story The … a broker at Douglas Elliman If you are still concerned about a borrower Luftig and Perlowitz suggest being …

By Evelyn Battaglia |May 25, 2023 - 2:45PM
7 ways to compete with an all-cash offer

… usually expect to close fasterfor example six weeks for a coop instead of two monthsbecause theyre able to avoid the … A previous version of this post was published in September 2021 We are presenting it here with updated information for …

By Jennifer White Karp |May 16, 2023 - 10:30AM
How to read a NYC co-op or condo building’s financial statement

… your legal counsel as an informed client Reading the fine print might also give you an indication of whether a lender … Tip … Dont be afraid of coops in NYC … Coops are generally 10 less expensive than condos Their rules are designed to … previous version of this post was published in December 2021 We are presenting it with updated information for February …

By Emily Myers |February 22, 2023 - 3:30PM