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… At this point in my apartmentbuying careerand yes at times it has felt like a fulltime … lender with access to more flexible loan products than what commercial banks can offer I was assigned by phone to … for a better interest rate than at a big bank and the closing costs would be substantially lower too I wondered …
… Rising mortgage rates which make buying 55 percent more expensive this year have spooked a … position to buy later Brick talked to brokers to find out what buyers on the fence should do be doing now … 1 Pay … than just the purchase price Many people dont understand closing costs carrying costs and postclosing liquidity he …
… This has upended plans for some spouses who wanted to buy their soontobe exes out of the marital home but can no … some of these clients had their properties valued at what turned out to be a 30 percent discount thanks to the … that they will be solely responsible for paying for closing costs such as broker fees as well as transfer and …
… If youre like many people you buy and sell a home only a few times in your life … brokers and attorneys I have some clear thoughts about what makes a good closing lawyer The most important requirement is that the …
… a place that needs work but where the construction cost is affordable Why is construction so expensive in Manhattan … … year thus some of the costs are pushed down to independent homeowners and investors like yourself Also depending on … questions New Yorkers ask their mortgage bankers sponsored Diary of a firsttime buyer 6 hurdles that can stand between …
… and I signed a contract to sell our coop and we have a closing date on or about six weeks from now The buyers still have to finalize their financing which is a … of my clients living with their children for two months in what was a reverse boomerang situation says real estate …
… There are important questions you need to ask before buying a coop or condo in New York City Some questions will … questions before you make an offerbut you need to know what to ask Editors note A previous version of this post was … price as a down payment Another requirement might be postclosing liquidity which is how much youll have available in …
… … On a $1 million New York property with a mortgage expect title insurance that … to sell the property That could be due to outright title fraud an overlooked heir or some combination of the two For … … mortgage … How much does title insurance cost in New York City …
… Its hard to believe that condo buyers or sellers would ever skip a chance to save money … often use in the world of commercial real estate is still flying under the radar of everyday New Yorkers … to cut costs without the seller lowering the price So why isnt everyone doing it Well its a complicated …