2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… high prices and a lack of inventory kept a lot of wouldbe buyers in rentals and this raised competition for … the new normal for mortgage ratesand at the higher endbuyers benefitting from higher Wall Street bonuses As for renters when buyers move on rents will likely dropor at least remain flat …

By Jennifer White Karp |January 2, 2025 - 12:30PM
The building’s broken pipes are forcing me out of my apartment. Can I get my co-op board to buy me out?

… ask your coop board to buy you out but its unlikely theyll agree according to our experts Its also unlikely that theyll give you the price you want Buyouts are inherently hard to get …

By Celia Young |February 20, 2024 - 9:25AM
Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… The concept of a seller loaning a buyer the money to buy their property may strike you as … your brain around it but seller financing makes sense for buyers who have trouble qualifying for or are unwilling to … some cases its ideal for an otherwise financially qualified buyer experiencing a temporary setback like a job loss …

By Jennifer White Karp |December 29, 2023 - 3:30PM
What is a cash-out refinance? Are these done in NYC?

… of having the mortgage go entirely towards the cost of buying the property you are putting some of what youre … than purchase or rate and term transactions Furer says … Preparing for a cashout refinance … Before you speak to a … says … You Might Also Like … viewbublogpanes=ymalinline   … Buy … Negotiating + Financing … Bricktionary … mortgage … …

By Emily Myers |September 18, 2023 - 3:00PM