I'm in contract on an UES co-op and I just found out there's a $20,000 assessment to fix the fireplace. Do I have to pay?

… … Your rights between contract and closing will depend on the wording of the … increases in maintenance or assessments says attorney Hal Coopersmith a partner at Coopersmith Coopersmith   … Your … is accepted you want to make sure your closing attorney reviews  at least two years of the coops financial …

By Emily Myers |July 24, 2023 - 9:30AM
What sellers need to know about all-cash vs. mortgage-contingent offers in NYC

… the contract and keep their deposit if they fail to get financing But even cash offers can fall through if the buyer … know that people who are making offers with some degree of financing are more inclined to ask for a contingency because … So why bother considering an offer thats contingent on financing For one simple reason It can be the better deal in …

By Evelyn Battaglia |May 25, 2023 - 2:45PM
5 ways NYC buyers can lower their closing costs

… certain incentives to purchasers such as free common charges for a year transfer taxes paid on behalf of …

By Evelyn Battaglia |January 5, 2023 - 1:30PM
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 but in some cases … a buyer has leverage when it comes to the terms and rate of a mortgage The answer is Sort of Mortgage rates are …

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