Buying Properties Archives - Page 5 of 8

Rental broker fees in NYC are usually paid by tenants instead of landlords. A rental can be no fee if the landlord is paying the broker commission or if no agent is involved.

Who Pays the Broker Fee When Renting in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 25, 2018

Rental broker fees in NYC are usually paid by tenants instead of landlords. This is the opposite of what happens in the rest of the country, whereby landlords normally pay rental broker commissions. With that said, not all rentals in [...]

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To make an offer on a house in NYC you'll need to email the seller or listing agent and include a REBNY Financial Statement, a loan pre-approval letter if you will be financing your purchase, proof of funds if you are making an all cash offer, any contingencies, any closing date preferences, your down payment amount as well as your offer price.

How to Make an Offer on a House in NYC

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

Making an offer on a house in NYC is as simple as emailing the seller or listing agent and including a REBNY Financial Statement, a loan pre-approval letter if you will be financing your purchase, proof of funds if you

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You are permitted to attend an open house without an agent in NYC. Sign-in with your buyer agent’s information and have him or her register you for the open house.

Can I Attend an Open House Without an Agent in NYC?

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

Attending an open house without an agent in NYC is generally not a problem as long as your buyer’s agent registers you in advance with the listing agents. If you forget to have your buyer’s broker register you, all you

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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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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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How Much Mortgage Can I Qualify for in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 6, 2018

The answer to how much mortgage can I qualify for in NYC depends on the amount of gross income you make, your anticipated housing expenses, your other credit payments, prevailing mortgage interest rates and the maximum Debt-to-Income ratio allowed. We’ll

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