closing

… Spooked by layoffs in the tech industry New York City buyers are asking for exit clauses to be added to contracts in case they lose their jobs before the contract is signed This unusual escape plan is making a comeback and … director and broker at Elegran Forbes Global Properties … What does an employment contingency look like … Antin …

… 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 …

…     … A home inspection for a coop or condo in New York City isnt standard practice our  … on owners for capital repairs Many small buildings and townhouses are self managed or have small management …

… recent past you may be shocked by how big a bite closing costs can take out of your profit  Most experts advise allocating a whopping 8 to 10 percent of the purchase price to cover these … Transfer taxes … This being NYC sellers of coops condos and townhouses pay a combined state and city transfer tax of …

… an apartment or townhouse in New York City youll need to cough up more than just the down payment for your upfront … costsan amount that rises to 3 to 4 percent if the coop or townhouse is over $1 million or if youre buying a … and triples liability to $300000 Larger apartments and townhouses call for even higher coverage for example  …