Buying Properties Archives - Page 4 of 8

A backup offer is an offer that the seller hasn’t accepted, but is strong enough and close enough to the accepted offer that the seller would like to revisit it should the accepted offer fall through.

The Backup Offer in Real Estate in NYC Explained

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

A backup offer is an offer that the seller hasn’t accepted, but is strong enough and close enough to the accepted offer that the seller would like to revisit it should the accepted offer fall through. Neither backup offers nor [...]

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Buying a house as is means purchasing a house in its current condition, without the seller making any repairs or upgrades before closing.

Buying a House As Is in NYC

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

Buying a house as is means purchasing a house in its current condition, without the seller making any repairs or upgrades before closing. It’s fairly standard in New York for homes to be purchased in as is condition as sellers

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The New Construction Home Buying Process in NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 8, 2018

The new construction home buying process in NYC takes longer, is more expensive and is generally more complex than your typical re-sale process. Buyers will have to pay special attention to the offering plan as the final arbiter of what

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The specific co-op pet policy varies by building in NYC, however most coops have house rules which establish a code of conduct for pet owners.

What Is the Typical Co-op Pet Policy in NYC?

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

The specific co-op pet policy varies by building in NYC, however most if not all co-ops have house rules which establish a code of conduct for pet owners. Before moving forward with any co-op purchase, it’s essential that you confirm

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Made an Offer on a House No Response

By Sonja Gosine, Spokesperson at Hauseit® / October 3, 2018

So you made an offer on a house and all you’ve received in return is silence. What this usually means is that your offer was too low or otherwise offensive in some way. Your offer email could also have been

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Buying a house with cash is faster and simpler than purchasing a home with a mortgage. All cash buyers won’t have to deal with the loan approval process and can often close in under 30 days vs 60 to 90 days if financing.

How to Buy a House with Cash in NYC

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

Buying a house with cash is faster and simpler than purchasing a home with a mortgage. All cash buyers won’t have to deal with the loan approval process and can often close in under 30 days vs 60 to 90

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Whether you can afford to buy an apartment in NYC depends on your annual income, how much you’ve saved and the estimated carrying costs of your condo or co-op apartment.

Can I Afford to Buy an Apartment in NYC?

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

The easiest way to determine whether or not you can afford to buy an apartment in NYC is to use Hauseit’s Home Affordability Calculator. How much apartment you can afford depends on your annual income, how much you’ve saved and

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What is the earnest money check for a NYC home purchase? The earnest money check is a personal check worth 10% of the purchase price, made out by the buyer and delivered to the seller’s attorney along with a signed contract.

The Earnest Money Check for a NYC Home Purchase Explained

By Sonja Gosine, Spokesperson at Hauseit® / September 28, 2018

The earnest money check is a personal check worth 10% of the purchase price, made out by the buyer and delivered to the seller’s attorney along with a signed contract. The earnest money check is deposited after the seller has

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Most renters in NYC end up working with a broker out of necessity rather than by choice. What do we mean by this? Since most rental apartments have a listing broker representing the landlord, it’s impossible to avoid working with that agent and paying the broker fee if you want to rent the apartment.

Do You Need a Broker to Rent an Apartment in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 27, 2018

Most renters in NYC end up working with a broker out of necessity rather than by choice. What do we mean by this? Since most rental apartments have a listing broker representing the landlord, it’s impossible to avoid working with

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Generally speaking, offers should not be less than 10% of the asking price for a reasonably priced listing. The answer will vary based on how reasonable the listing price is.

What Is a Reasonable Offer on a House in NYC?

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

What is a reasonable offer on a house? Generally speaking, offers should not be less than 10% of the asking price for a reasonably priced listing. The answer will vary based on how reasonable the listing price is. If there’s

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