7 ways to compete with an all-cash offer

… pay all cash instead of financing part of their purchase can usually expect to close fasterfor example six weeks forcan afford to pay all cash sometimes take some financing Youd be surprised to see the highend apartments that are … cut down on that risk and increase the sellers confidence get yourself and the building preapproved You need to …

By Jennifer White Karp |May 16, 2023 - 10:30AM
Do carrying costs include monthly mortgage payments?

… say If you have taken out a mortgage to pay for your coop or condo your carrying costs will include your monthly mortgage … common charges  Your personal mortgagewhich you take out to buy the propertyis not included in a condos common charges …

By Emily Myers |April 10, 2023 - 10:00AM
There's a semi-secret list of NYC co-op and condo buildings that are off limits to certain mortgage lenders

… wont touch It could be a nightmare situation for a buyer seller and the building in general That scenario is the new … could be a significant problem in the near future Orest Tomaselli is the president of the project approval division at … that the unavailable list prevents lenders from closing and selling loans in these designated properties to Fannie Mae …

By Jennifer White Karp |April 5, 2023 - 1:30PM