7 ways to compete with an all-cash offer

… is Roberts says calling it a guessing game How badly does the other buyer want it If theyve been rejected two or … Along these lines another option is to allow the seller to rent the apartment back until they are ready to move Brick … case in which a buyer was willing to let a seller live rentfree for a short period after the closingthis helped …

By Jennifer White Karp |May 16, 2023 - 10:30AM
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  … does Either way she makes sure to provide a checklist for buyers reminding them to test outlets appliances and water … the risk of not doing one What do you advise … BuyCo-ops … Ask an Expert … building maintenance … buying … …

By Emily Myers |January 17, 2023 - 9:30AM
How much do NYC sellers pay for closing costs?

… recent past you may be shocked by how big a bite closing costs can take out of your profit  Most experts advise allocating … read Sellers and buyers brace for a broker fee shakeup   My recommendation for a seller who wants to negotiate a …

By Evelyn Battaglia |January 9, 2023 - 12:30PM
5 ways NYC buyers can lower their closing costs

… For many people being able to buy an apartment or townhouse in New York City is a … stretch especially when interest rates are on the rise Plus coops typically require ample cash reserves on top of a down … of the purchase pricemore like 5 percent for brandnew condos Read Bricks closing costs guide for a breakdown Thats …

By Evelyn Battaglia |January 5, 2023 - 1:30PM
What NYC buyers can expect to pay in closing costs

… When buying an apartment or townhouse in New York City youll need to cough up more than … Youll want this peace of mind too in case of loss   How much the policy will cost is largely determined by how … building construction and insurance score based on prior claim activity and credit score Proximity to a shoreline …

By Evelyn Battaglia |December 19, 2022 - 12:30PM
Can you negotiate the rate and terms of your mortgage when you're buying in NYC?

… pays the flip tax or other closing costs so it makes sense to wonder if a buyer has leverage when it comes to the terms … with marginal credit and a minimal down payment  … How to improve your terms and lower your rate … To offset the … score to get a lower rate and also moving funds to banks where they may be eligible for a rate discount Its also …

By Emily Myers |December 19, 2022 - 9:30AM