When you're buying a NYC co-op, is it risky to skip the home inspection?

…     … A home inspection for a coop or condo in New York City isnt … an entire building are the shared responsibility of all the apartment owners and are  overseen by the board  Dean … … Depending on the size of the building a buildings chat group can also be a good source of information If everyones …

By Emily Myers |January 17, 2023 - 9:30AM
How much do NYC sellers pay for closing costs?

… the purchase price to cover these fees and taxesdouble what buyers can expect to pay on their end That means youd have … to fork over $80000 to $100000 in closing costs on a $1 million saleand this amount is on top of paying off any … an industry standard and is ostensibly negotiable November 2023 update REBNYs new policy on broker fees prohibits a …

By Evelyn Battaglia |January 9, 2023 - 12:30PM
What NYC buyers can expect to pay in closing costs

… When buying an apartment or townhouse in New York City youll need to cough … condos and can range from a few hundred to a few thousand dollars plus another round when you move out  When you apply … prewar apartment worth $1 million would cost around $1400 to $2800 annually with $100000 contents coverage …

By Evelyn Battaglia |December 19, 2022 - 12:30PM
Can you negotiate the rate and terms of your mortgage when you're buying in NYC?

… buyer has leverage when it comes to the terms and rate of a mortgage The answer is Sort of Mortgage rates are determined … to be something youll need to negotiate  A borrower is best to shop around with different lenders to see which is … an array of programs including SONYMA and FHA loans and mortgages that only require 3 percent down … You Might Also …

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