How to read a NYC co-op or condo building’s financial statement

… When youre buying a coop or condo in New York City an important part of your due … your mortgage application  Pro Tip … Dont be afraid of coops in NYC … Coops are generally 10 less expensive than … buildings cash flowso that would be cash receivables and prepaid expenses versus accounts payable any real estate tax …

By Emily Myers |February 22, 2023 - 3:30PM
5 ways NYC buyers can lower their closing costs

… For many people being able to buy an apartment or townhouse in New York … stretch especially when interest rates are on the rise Plus coops typically require ample cash reserves on top of a down …

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 … asking for a  closing credit  to get the deal done Some sellers are not flexible when it comes to the purchase price … fees which are designed to weed out all but serious buyers Then expect to pay another $1500 for a managing …

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