Buying in NYC Archives - Page 32 of 39

Comparison of closing costs for co-op vs. condo apartments in NYC. Buyer closing costs in New York City are highest for condos, while seller closing costs in NYC are highest for co-op apartments. Read the official condo vs. co-op closing cost guide by Hauseit.

Condo vs. Co-op Closing Cost Comparison in NYC

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

Closing costs for buyers and sellers in NYC are different for condos and co-op apartments. As a buyer, closing costs are the highest for condos. As a seller, closing costs are highest for coop apartments. For buyers, closing costs are [...]

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What constitutes proof of funds when making an all cash offer on real estate? Can you get away with only submitting proof of funds or do you need to provide other documentation? What does a sample proof of funds letter from a bank look like? We'll teach you everything you need to know about proof of funds in NYC.

Proof of Funds Letter for Real Estate Purchase Explained for NYC

By Sonja Gosine, Spokesperson at Hauseit® / May 16, 2018

What exactly constitutes proof of funds when making an all cash offer on real estate? Can you get away with only submitting proof of funds or do you need to provide other documentation? We’ll go over everything you need to

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From what credit scores will get you the best rates to how to appeal an appraisal, we'll teach you industry secrets and tips on how to manage the mortgage loan process in NYC and nationwide. We answer tough questions from how does getting your credit pulled affect your credit score to qualifying for an IO mortgage.

Tips for the Mortgage Loan Process in NYC

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

What are some tips for the mortgage loan process you can utilize to ensure a successful close? We'll let you in on some industry trade secrets about how the mortgage loan process really works in NYC and across the country,

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What do HDFC co op boards look for in an applicant? What are some tips for completing a HDFC coop board package? What's different vs a normal co-op board application? We'll go through a sample HDFC coop purchase application and explain what you'll need to do to successfully receive HDFC board approval in NYC.

HDFC Coop Purchase Application Form Overview

By Sonja Gosine, Spokesperson at Hauseit® / April 24, 2018

What do HDFC coop boards look for in an applicant? What are some tips for completing a HDFC coop board package? We'll go through a sample HDFC coop purchase application with you in the article below and explain what you'll

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How do I calculate the maximum HDFC coop income limit? What are HDFC coop income limits and rules in NYC? We’ll go through sample HDFC coop income limit rules and calculations with you in this article so you’ll know exactly what you’re getting into before buying a HDFC co op apartment in NYC.

HDFC Coop Income Limit Explained for NYC

By Sonja Gosine, Spokesperson at Hauseit® / April 23, 2018

How do I calculate the maximum HDFC coop income limit? What are HDFC coop income limits and rules in NYC? We'll go through sample HDFC coop income limit rules and calculations with you in this article so you'll know exactly

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What is a real estate closing statement? What does a closing statement for an apartment purchase in NYC look like? What checks do I need to bring on closing day? We'll go through a sample real estate closing statement with you in this article and explain what you'll need to do before closing day.

Closing Statement for Real Estate Transactions in NYC

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

What is a real estate closing statement? What does a closing statement for an apartment purchase in NYC look like? What checks do I need to bring on closing day? We'll go through a sample real estate closing statement with

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Who is the mortgage underwriter? What's the mortgage underwriting process like for NYC? What do banks include in the Debt to Income ratio? What's the step by step home loan process? We'll explain the mysterious mortgage process in NYC and what buyers should do from initially getting pre-qualified to closing day.

The NYC Mortgage Process Explained

By Sonja Gosine, Spokesperson at Hauseit® / April 16, 2018

The NYC mortgage process can by mysterious even for the most seasoned real estate brokers and attorneys. We’ll explain how the mortgage process in New York City truly works and debunk some common myths around the mortgage underwriting process. Table

The NYC Mortgage Process Explained Read More »

What is the typical co-op closing timeline in NYC? How long does it take to close on a coop after board approval? Here is complete timeline for closing on a co-op in New York City.

How Long Does It Take to Close on a Co-op in NYC?

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

The average co-op closing timeline in NYC from the time you are in-contract to the closing date is two to three months. However, there are a number of factors which can influence how long it takes to close on a

How Long Does It Take to Close on a Co-op in NYC? Read More »

Can you withdraw an offer on a house after it has been accepted? Can I back out of buying a house after inspection? Can a buyer back out of an accepted offer in NYC? Can a buyer back out of a purchase agreement in New York? We'll explain when and how you can back out of an offer and when it's too late to do so.

Can a Buyer Back out of an Accepted Offer in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / April 9, 2018

There is too much misinformation on the web about whether offers to purchase real estate are binding or not. We’ve seen too many search results tell first time home buyers in NYC that sellers will sue them if they back

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Process of Buying a House in NYC

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

We’ll explain in this article the process of buying a house in NYC after you’ve found a property that you like. If you’re just starting out, please make sure to read our first time home buyer’s guide before you begin

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