Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws

… consequence that may make  it harder for some wouldbe coop buyers to gain board approval The laws new onemonth cap on … appears to also prohibit coops from asking prospective buyers to escrow several months to two years worth of maintenancea common workaround for buyers with shaky finances Because the ownership structure …

By Emily Myers |October 23, 2019 - 9:00AM
Buying a condo or renting in a brand new building? Here’s how to find out intel about the developer’s other projects

… When you are buying or renting in a newly built development it pays to … … You Might Also Like … viewbublogpanes=ymalinline   … Buy … New Construction + Condos … Rent … condos … construction … developer … first-time buyer … new construction … new development … rentals … …

By Brick Underground |August 13, 2019 - 9:00AM
What's it like to live in NYC? A New Yorker puts your freak-outs in perspective

… stairs can not only keep you looking fit and deter you from buying lots of stuff you dont need but also allows you to … … viewbublogpanes=ymalinline   … Live … apps … first-time buyer … neighborhoods … Neighbors … rentals … renters … …

By Kelly Kreth |August 7, 2019 - 1:00PM
What is title insurance, and why do I need it?

… legal requirement but it may be a closing requirement if a buyer is taking out a mortgage for a unit in New York City … title insurance payment If you have financing in place to buy the apartment your lender also needs title insurance And if you refinance you have to buy it again because your new lender needs the same …

By Emily Myers |June 6, 2019 - 10:00AM