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… Buying an apartment or house in New York City right now … lows it could also be a major opportunity to get a deal What we are seeing in the market is maximum fear and maximum … and we are continuing to see sponsors paying more of the closing costs than they would have traditionally … You …
… If you are weighing whether to rent or buy in New York City its possible you have more options … moment here are the considerations to make as you decide whats best for you … Can you afford the down payment … One … in prime areas where sponsors will often pay transfer taxes closing credits and sometimes throw in a parking space as …
… although there are strategies for beating the competition Buying in NYC has its own headacheswhats the difference between a coop and condo anyway And what exactly are carrying costs Of course sales prices here can cause sticker shock …
… Missed It … Every so often BrickUnderground digs through the archives to find the best advice our experts have shared … the years For a certain type of apartment hunter a sponsor coopthat is an apartment that was once a rental and is still … renovation work … Possible legal problems … Sponsor apartments were rentals before they were offered for sale …
… Buying a house or apartment is likely the most serious … to ownership youll want answers to critical questions about what you can afford whether a coop or condo makes better financial sense for you and how to budget for closing costs and monthly maintenance or common charges …
… this spring Gary Malin president of Citi Habitats sums up what everyone is thinking We are in an appreciating market … shrinking inventory low mortgage rates international buyers A perfect storm So how do you know if you should take … suburbs says Harkov However he says that window is quickly closing from what I am being told by others in the business …
… two are better than one There is never a guarantee that the buyers accepted offer will ultimately result in a signed … the rocks over anything from financing contingencies to the closing date to some previously unknown defect in the … contract comes back from someone else first so be it … 3 What to keep in mind if you decide to play … Plenty of …