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

… So they did and it turns out the allcash buyer could only show $3 million in liquidity while the higher bidder was … a Goldman Sachs managing director I told the seller Thats a home run and you get an extra $300000 End of story The … but most people dont know what it meansits not like they show up with a suitcase full of cash Generally speaking a …

By Evelyn Battaglia |May 25, 2023 - 2:45PM
Can you negotiate the rate and terms of your mortgage when you're buying in NYC?

… … Negotiations play a big part in the buying process in NYCyou can haggle not just over the price … whether the buyer or seller pays the flip tax or other closing costs so it makes sense to wonder if a buyer has … points to lower your rate Still many borrowers want to know what leverage they have when it comes to negotiating the …

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