mortgage

What is a CEMA loan, and when does it make sense to get one?

… their mortgage In some unique cases it is also available to buyers Why do owners and buyers use a CEMA Its a maneuvercalled a mortgage … type of loan is therefore unavailable to coop buyers In NYC the mortgage recording tax rate is 18 percent for …

By Evelyn Battaglia |April 5, 2024 - 2:30PM

New York, NY, USA - December 21, 2015 - Home alone above the former L’ Greta Spa in New York City.

Negotiating + Financing

By Celia Young |April 2, 2024 - 3:30PM

someone checks their credit score on their phone screen with a cup of coffee in the background

Negotiating + Financing

First step in buying an apartment: Get your credit score up

By Celia Young |March 26, 2024 - 9:30AM

Businessman signing a mortgage contract of a sale for a new house

New Construction + Condos

Should I ask the seller to buy down my mortgage rate?

By Celia Young |March 25, 2024 - 3:29PM

Brownstone facades & row houses in an iconic neighborhood of Brooklyn Heights in New York City

Sales Market

3 ways to beat all-cash buyers (without beating their price)

… … Its no secret that New York City apartment buyers are flush with cash But if you need financing to buy a home … associate real estate broker with The Corcoran Group Thats why its important to make sure all your financial …

By Celia Young |March 18, 2024 - 2:31PM

A row of old brick apartment building skyscrapers along a street on the Upper West Side of New York City

Sales Market

A summertime interest rate cut won't fix NYC's inventory problem, experts predict

By Celia Young |March 13, 2024 - 9:55AM

Aerial view of Staten Island St George Ferry terminal. Manhattan Area, New York of USA. Skyline and cityscape with skyscrapers at United States of America, NYC, US. American architecture.

Negotiating + Financing

How I cut my monthly mortgage payment in half so I could keep my Staten Island home

By Celia Young |March 4, 2024 - 9:30AM

Renovation

If you need financing to buy AND renovate in NYC, here are the types of loans you can get

By Jennifer White Karp |February 9, 2024 - 9:30AM

Overhead view First Avenue with traffic in Manhattan

Negotiating + Financing

Fed holds interest rates steady and March cuts are unlikely

… are going to have to wait a little longer for interest rate cuts The Federal Reserve concluded its January meeting yesterday and left interest rates untouched opting to maintain the federal funds target … funds rate means the cost of borrowing for mortgages and home equity lines of credit are the highest in more than a …

By Jennifer White Karp |February 1, 2024 - 12:30PM

Negotiating + Financing

Buying for the first time in NYC? Be sure to prep your finances first

By Evelyn Battaglia |January 30, 2024 - 10:30AM