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… $4000 many parents who can afford it often decide that buying a New York City apartment for their adult child is … viewed as earlier said Dean Roberts a longtime coop and condo attorney at  Norris McLaughlin  in Manhattan Frances … boardsentities that tend to be very riskaverse Potential buyers arent just future neighbors theyre fellow …

… One surprising aspect of buying or selling your home is the amount youll spend on closing costssometimes tens of thousands of dollars For sellers these costs can take a big chunk of the proceeds For buyers they can affect budget possibly even causing you to …

… Many New York City buyers are facing delays trying to close because management … time But a safer bet may be to go with a longer lock We do not have issues with rate locks in New York as we are …

… If youre in the market to buy real estate in New York City right now youre likely well aware that its a buyers market particularly in the higher price points As a … to making a deal than in the years prior to the current slowdown While buyers are coming to the table with offers under …

… to the Real Estate Board of New  Yorks Broker Confidence Index for the third quarter of 2015 both residential and … high anything over 5 is considered positive but there are more economic factors on the horizon that could temper … decrease as a result of buyers trying to make up for paying more in interest rates Or if you already own a home you plan …

… … These apartments are seen by some buyers as smart investments and often come at a discount … When most rentstabilized buildings undergo coop or condo conversions they do so under a noneviction plan meaning …

… coop apartment  our experts  say  Coops generally require a down payment of 20 percent a demonstration of good credit … ratio is also important Many NYC coops require that buyers have a DTI of 25 to 33 percentwhich is the portion of …

… This is the latest installment in our Rookie Buyer series which follows one couples quest to purchase the … the mistakes they made in hopes that other firsttime buyers wont have to After a couple of tense weeks of waiting … a seller had accepted our offer on a twobedroom twobath condo in BedStuy We had won the New York City housing game or …

… can offset this is the purchase of points fees that buyers can pay to their mortgage lenders upon closing that … and costs about $1000 Investopedia has a mathematical breakdown here of how exactly purchasing points can provide …