Buying in NYC Archives - Page 23 of 39

Can You Withdraw an Offer on a House?

By Sonja Gosine, Spokesperson at Hauseit® / November 5, 2018

Yes, you can withdraw an offer on a house at any time before purchase contracts have been signed. However, you should be very careful about signing any sort of offer letter or form because doing so may enable a counter-party [...]

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Whether or not you will regret buying an apartment in NYC depends on whether you've considered the costs and benefits of buying vs. renting and other realities of home ownership.

Will You Regret Buying an Apartment in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / November 5, 2018

Home ownership in NYC can be expensive, and it’s not always smooth sailing. In addition to having to make your mortgage payment every month, you’ll have to deal with neighbors and successfully navigate the house rules and politics of your

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A short sale is the sale of a home for net proceeds less than the balance of the outstanding mortgage. A short sale must be approved by the mortgage lender because the lender will lose money, and be “short” the difference between the net proceeds of the sale and the mortgage loan amount.

What’s a Short Sale?

By Sonja Gosine, Spokesperson at Hauseit® / November 2, 2018

A short sale is the sale of a home for net proceeds less than the balance of the outstanding mortgage. A short sale must be approved by the mortgage lender because the lender will lose money, and be “short” the

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Should You Get a Home Inspection Before Making an Offer?

By Sonja Gosine, Spokesperson at Hauseit® / November 1, 2018

No, you should never order a home inspection before making an offer because you might waste money on a deal that never happens. The seller may not even respond to your offer, and even if your offer is accepted, nothing

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Submitting an all cash offer on a property in NYC offers a number of benefits including the possibility of a lower sale price, a discount and a quicker closing.

All Cash Offer NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 31, 2018

Submitting an all cash offer on a property in NYC offers a number of benefits including the possibility of a lower sale price and a quicker closing. More importantly, an all-cash offer will usually put you at the front of

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The Best Home Sale Sites for NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 31, 2018

The best home sale sites for NYC are The New York Times and Brownstoner because of their comprehensive listing inventory and the ability to contact listing agents directly. Zillow, StreetEasy and Realtor.com have impressive search features, but do not make

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How to Buy a House For Sale By Owner

By Sonja Gosine, Spokesperson at Hauseit® / October 30, 2018

Buying a house For Sale By Owner can yield savings if you are able to negotiate a lower price because the seller isn’t paying any commission. However, additional due diligence is required because the seller has not already been vetted

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All co-op buildings in NYC have renovation rules which must be followed. Rules for renovations and construction are covered in the co-op’s alteration agreement.

What Are the Typical Co-op Renovation Rules in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / October 29, 2018

Thinking about buying a coop in NYC and renovating it? If so, it’s important to know that all co-op and condo buildings in NYC, both large and small, have renovation rules which must be followed. A co-op or condo building's

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Is closing without a Realtor possible if you already have an attorney? What do Realtors do after an accepted offer? What if I don't have an attorney?

The Complete Guide to Closing Without a Realtor

By Sonja Gosine, Spokesperson at Hauseit® / October 29, 2018

Closing without a Realtor is easy in states like New York where real estate attorneys are required for contracts. Closing without a Realtor is more difficult in states like California where real estate attorneys are not commonly utilized, and where

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Buying a house without a Realtor is easy. There’s no requirement for the buyer to have a Realtor; however, most sellers will have a listing agent representing them.

How to Buy a House Without a Realtor

By Sonja Gosine, Spokesperson at Hauseit® / October 26, 2018

Buying a house without a Realtor is easy. There’s no requirement for the buyer to have a Realtor; however, most sellers will have a listing agent representing them. Many MLS broker databases allow members of the public to search for

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