Buying in NYC Archives - Page 27 of 39

You should make an offer on a house immediately and as early as possible to give yourself a maximum head start vs other potential bidders. The only exceptions are if there is an imminent open house or a best and final offer deadline which we’ll discuss in the following article.

When to Make an Offer on a House in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 21, 2018

You should make an offer on a house immediately and as early as possible to give yourself a maximum head start vs other potential bidders. The only exceptions are if there is an imminent open house or a best and [...]

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FAQ on the condo board package and application process in NYC, timing for condo board approval, and the difference between co-op boards and condo boards in NYC.

What Is a Condo Board Package in NYC Real Estate?

By Sonja Gosine, Spokesperson at Hauseit® / September 19, 2018

It’s a common misconception among buyers in NYC that a board package is only required for a co-op apartment. While a condo does not have the same broad discretion as a co-op to reject buyers, most condos still require buyers

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Buying a Townhouse in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 19, 2018

Buying a townhouse in NYC can be as rewarding as it is challenging. We’ll discuss the unique benefits and risks of buying a townhouse in NYC, whether it’s a single family home or a multi-family brownstone. Table of Contents: Buying

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Buying a duplex in NYC can be difficult because it can be hard to find comparable properties and to ascertain value. Duplexes are generally unique, one-of-a-kind residences vs more generic single floor apartments.

Guide to Buying a Duplex in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 18, 2018

Buying a duplex in NYC can be difficult because it can be hard to find comparable properties and to ascertain value. However, buying a duplex can also be rewarding as duplexes are generally unique, one-of-a-kind residences vs more generic single

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A Pied-à-Terre in NYC is a secondary residence or a vacation home. A Pied a Terre can be a condo, co-op apartment or a townhouse.

What is a Pied-à-Terre in NYC Real Estate?

By Sonja Gosine, Spokesperson at Hauseit® / September 18, 2018

A ‘Pied-à-Terre’ in NYC is a home which is used as a secondary residence. The literal translation of Pied-a-Terre in French is “foot on the ground.” Buying a Pied-a-Terre in NYC is a great way to establish or maintain roots

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Is buying real estate in NYC a good idea? What are the steps from A to Z for buying a home in New York City? A complete guide to buying property in NYC.

The Complete Guide to Buying Real Estate in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 17, 2018

Is buying real estate in NYC a good idea? What are the steps from A to Z for buying a home in New York City? We’ll go over everything you need to know about buying property in the world’s greatest

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How much cash you need to buy a co-op apartment in NYC depends on your coop apartment building’s down payment and post-closing liquidity requirements. Co-ops in NYC typically require 20% down and one to two years of post closing liquidity.

How Much Cash Do I Need to Buy a Co-op Apartment in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 17, 2018

How much cash you need to buy a co-op apartment in NYC depends on your co-op building’s down payment and post-closing liquidity requirements. To buy a co-op in NYC, you need to have 21% to 22% of the purchase price

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Three months is a good estimate for how much time there is between offer and closing in NYC real estate. It takes longer to close on a co-op apartment and for deals where the buyer is financing.

How Much Time Is There Between Offer and Closing in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 12, 2018

A general estimate for how much time there is between offer and closing in NYC real estate is three months. However, the timeline from an initial offer to closing on a real estate transaction varies on a number of factors.

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It typically takes two to three months to close on a condo in NYC. How long it takes to close on a condo apartment in New York City depends on a number of factors.

How Long Does It Take to Close on a Condo in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 11, 2018

It typically takes two to three months to close on a condo in NYC once you have a signed contract. However, the timeline from accepted offer to closing can be faster or slower depending on a number of factors. These

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What is the debt-to-income ratio and how is it calculated for co-op apartments in NYC? Learn how to calculate the debt to income ratio (DTI) for a coop in New York City.

Co-op Debt to Income Ratio Requirement for NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 10, 2018

Your debt-to-income ratio (DTI) is an important consideration when figuring out how much home you can afford in NYC. The DTI is especially important if you’re buying a co-op apartment, as most co-ops have deb to income ratio requirements which

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