7 ways to compete with an all-cash offer

… of financing part of their purchase can usually expect to close fasterfor example six weeks for a coop instead of two monthsbecause theyre able to avoid the underwriting and appraisal processes as well as … Along these lines another option is to allow the seller to rent the apartment back until they are ready to move Brick …

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

… in New York City an important part of your due diligence is to look at a buildings financial health Your starting point … statement at any point in the process to help figure out how much to bid and streamline communications with your … questions to dig into When is the mortgage due  Is the current loan interest only which means the entire principal …

By Emily Myers |February 22, 2023 - 3:30PM
What NYC buyers can expect to pay in closing costs

in New York City youll need to cough up more than just the down payment for your upfront expenses Every sale triggers … sale price is a general rule of thumb That equates to as much as $3375 for a $750000 property … Homeowners insurance … Youll want this peace of mind too in case of loss   How much the policy will cost is largely determined by how

By Evelyn Battaglia |December 19, 2022 - 12:30PM