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… possibly even causing you to buy one home over another So what do you need to know about closing costs Read on to find … the brokers commission taxes mortgage expenses attorneys fees and building fees Some costssuch as movein and moveout … For example you could work out a deal with the seller to rent the apartment for a few months and thereby keep the …
… laws and that forcing a seller to pay both sellers and buyers broker fees unfairly inflates commissions REBNY … cautiously in a market as complicated as NYC Heres more on what to consider regarding buyerpaid broker fees … … are the comps based on If any of those buyers received a closing credit for example those prices are inflatedand …
… Its FirstTime Buyers Week here at Brick and while weve got lots of new material coming your way on where to look what youll pay mistakes to avoid and more first things first … you can expect when working with a real estate broker and a closing lawyer and why you shouldnt skip on hiring either …
… Now that youve found an apartment to call your own had your offer accepted maybe even won a … period when you your lawyers and the seller are rounding up documents lining up the money and doing a final walkthrough … you should speak to your attorney ahead of time to know what to expect Go over the contract of sale which will …
… Weve already written about the perks and perils involved in buying preconstruction noting that the earlier you buy the … that youre looking twotothree years or more ahead into what may ultimately hit the market he says Heres how to … the sale says Akerly Instead of asking for something like a closing cost concessionwhich means the developer credits you …
… And theyre right Unfortunately the same could be said of buying real estate in New York City Its different here And … process also includes an interview by the coops board Another important consideration a coops sublet policy If … something for $1 million or more youll also owe a socalled mansion tax of at least 1 percent of the purchase price …
… pay the maintenance or common charges in the form of a postclosing rebate We saw sellers offering to pay for … everything from parking spaces storage units interestrate buydowns renovations and furnishings also made their way … buying a new condo until you read this Concession Update What developers are giving and how to get it … Live … …
… Borrowing is getting cheaper improving buying power for New Yorkers who need financing and who have … to get a deal on price or maybe the seller will cover some closing costs or provide a closing credit which can be found … Friedman and Rosenthal suggest playing the long gameits what buyers and sellers brokers do all the time For example …
… present as a buyer offer a mortgage interest rate for the loan and will require monthly payments from you for the life … but the monthly payments will be lower For more on this check out The 30year fixedrate mortgage isnt your only … and the banks products In some cases these might be the best rates The bank might encourage you to make deposits …