A timeline for buying a new development condo: From preparing your financing to closing

… the buildings official sign off which can then impact your financing Your movein date might also be many months after … usually work with preferred lenders to offer mortgage financing to those who need it The preferred lender will be … if it doesnt a buyer can complain or sue … Revisit your financing … Youll want to have your loan approval well ahead …

By Emily Myers |February 14, 2023 - 12:30PM
How to negotiate the price, concessions, and other terms when buying a brand new condo

… outright price reductions on their apartments because their financing is structured around achieving a specific dollar … > > … Create the right team for your deal … Successful negotiations often come down to mutually respectful … attorney fees as well as transfer taxes Part of your negotiations might be to see if you can get the sponsor to …

By Emily Myers |January 24, 2023 - 9:45AM
Housing lottery opens for 80 new apartments in Clinton Hill, Brooklyn

… An affordable housing lottery  opened for 80 newly constructed apartments … applicants who meet income eligibility requirements     The rentstabilized apartments are studios one two and three … to $215150 for households of one to seven people Rents start at $1320 a month for a studio The units are for …

By Emily Myers |May 19, 2022 - 9:30AM