What is a post-closing possession agreement and what are the risks for buyers and sellers?

… When you are buying in New York City a good strategy for beating the competition is to find out what the seller … was required Kessler said Read on for the ramifications of signing this sellerinitiated contract  … Why you should … lease and a license … Although it looks like the seller is renting back the apartment theyve just sold the contract you …

By Brick Underground |July 16, 2025 - 12:30PM
The buyer's and seller's guide to NYC closing costs

… responsibility for some of these taxes is not set in stone When the market is slow inventory is high or an apartment is … Plan to pay 2 to 4 percent of the purchase price of a coop condo or townhouse  … A good rule of thumb is to set … savings For more details read What is a CEMA loan and when does it make sense to get one … Ask for a closing credit … …

By Evelyn Battaglia |January 6, 2025 - 10:00AM