Buying in NYC Archives - Page 39 of 39

Just how demanding are NYC coop House Rules? What is an example of a NYC co-op's House Rules? See this article for a real life example.

Sample NYC Coop House Rules

By Sonja Gosine, Spokesperson at Hauseit® / February 9, 2017

Just how strict are NYC coop house rules? How much power does a co-op board really have? We'll answer these questions and more in this article. Are NYC Co-op House Rules more strict than Condo House Rules? Not necessarily. Condo [...]

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Are Real Estate Offers Binding in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / February 7, 2017

This is one of the most common questions our affiliate brokers receive from clients. In NYC all written and verbal offers are non-binding. When are real estate offers binding in NYC for buyers? Nothing is binding for buyers until they

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Apartment Viewing Tips for Buyers in NYC

By Sonja Gosine, Spokesperson at Hauseit® / January 9, 2017

What questions should first time home buyers ask and what should they look out for when viewing apartments in New York City? We’ll discuss in this article some apartment viewing tips for buyers in NYC that may not be obvious

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Submitting an offer on a co-op in NYC is a slightly more complicated process than submitting an offer on a traditional condo, and as a result, it’s highly recommended that you request a buyer broker commission rebate and work with an experienced buyer’s agent during the purchase process.

How to Make an Offer on a Co-op Apartment in NYC

By Sonja Gosine, Spokesperson at Hauseit® / January 8, 2017

Have you found the perfect NYC co-op apartment to call home? If so, to ensure you are successful in buying the co-op it’s important that you know how to correctly make an offer on a co-op apartment in NYC. Submitting

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Buyer broker commission rebates in NYC are not considered to be taxable income. Buyer agent rebates in NYC are fully legal and not taxable.

Are Buyer Broker Commission Rebates Taxable in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / December 26, 2016

Buyer broker commission rebates are legal in New York (and NYC) and generally considered to be non-taxable Income. As a result, most buyer agents in NYC will not issue a 1099 IRS form in conjunction with a buyer broker commission

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Buying a condo in NYC may seem like a straightforward process vs buying a co op apartment; however, there are many pitfalls to be aware of for first time home buyers and veterans alike. Learn the step by step process of buying a condo in NYC from your first viewing to closing day.

Steps to Buying a Condo in New York City

By Sonja Gosine, Spokesperson at Hauseit® / October 10, 2016

Buying a condo in NYC is a much more straightforward process than buying a coop in NYC. It is important to keep in mind that buying a condo in NYC means you are purchasing real property versus shares of a

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Buying a Coop Without a Broker in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 25, 2016

Buying a coop without a broker is not as difficult as real estate agents make it out to be. In this article, we’ll explain how the process works and what you’ll need to do to successfully purchase a coop apartment

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Download a sample REBNY Submit Offer Form for NYC in PDF or Excel Format. Learn how to submit a real estate offer on a condo, coop or house in NYC.

Sample Submit Offer Form

By Sonja Gosine, Spokesperson at Hauseit® / July 17, 2016

A Submit Offer Form is a common requirement when submitting an offer on a condo, co-op or townhouse in NYC. While co-op listing agents may request a REBNY Financial Statement in addition to (or in lieu of) a Submit Offer

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Need to prepare a real estate deal sheet for your NYC FSBO sale? Learn how to prepare and send a deal sheet in NYC. Use our Excel deal sheet template.

Sample Deal Sheet

By Sonja Gosine, Spokesperson at Hauseit® / July 13, 2016

Congratulations on accepting an offer on your property in NYC! As a next step in the NYC FSBO Closing Process, you will need to prepare and circulate a deal sheet (transaction information sheet). In this article, we explain how to prepare a

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