Why you shouldn't always pick the highest bidder in a sale

… signed is not as difficult as making sure you have a buyer thats qualified and will get to the closing table … could require the purchaser to put up more money or a coop board could reject a candidate they see as less … coop board will quash the deal This is less important in condos because the board cant reject a buyer in the same way …

By Lucy Cohen Blatter |February 2, 2015 - 8:59AM
I've saved $60,000 for a down payment. What can I get in Manhattan?

… you can afford on a relatively modest budget in this weeks Buy Curious  … THE WISH LIST … Q Ive got $60000 for a down … but Id be open to studios as well I know that a lot of coops want buyers to put down at least 20 percent and … How do I find a coop thats more lenient Or can I afford a condo on my budget  … THE REALITY … If you only have $60000 …

By Julie Strickland |January 29, 2015 - 8:59AM
Now could be the perfect time to refinance your mortgage

… they may very well be Thats good news for anyone looking to buy an apartment in New York City sure but it might be … will probably be the biggest help to buyers of smallish condos since coops would almost never let you put down less than 5 …

By Lucy Cohen Blatter |January 14, 2015 - 2:59PM
6 NYC building types where it's hard to get a mortgage (and how to get one anyway)

Condo and coop buyers often assume that if theyve got money in the … most lenders will refuse to give you a mortgage to buy an apartment there Fannie Mae guidelines nix  anything  …

By Virginia K. Smith |November 24, 2014 - 8:59AM