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 … cases its neither typical nor cost effective to have a coop home inspection A better course of action is to review the … the structural components of the building  So skipping the home inspection for a coop doesnt present a major risk as …

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

… Unless youve sold an apartment or townhouse in New York City in the recent … 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 fees and taxesdouble what buyers can expect to pay on their end That means youd …

By Evelyn Battaglia |January 9, 2023 - 12:30PM
5 ways NYC buyers can lower their closing costs

… extension and modification agreement or purchase CEMA This legal maneuver involves combining the sellers … to work with an attorney to suss out the details A purchase CEMA can be the most effective way to save on closing costs … buyer is getting a $1000000 mortgage then doing a purchase CEMA can save around $15400 in mortgage taxes Bear in mind …

By Evelyn Battaglia |January 5, 2023 - 1:30PM