NYC’s rental market moves fast—and without the right guidance, it can feel overwhelming. Renters are often competing against multiple applicants for the same apartment.
agents
A Seller’s Market is a situation in which demand exceeds supply, while a Buyer’s Market is a situation in which supply exceeds demand.
There are several scenarios in which a buyer may get their contract deposit refunded without penalty.
Regardless of the owner's decision to accept an offer, prospective buyers ultimately need the approval of the co-op board in order to close on the property.
Of all the components that make up an offer to purchase real estate, price is by far the most important. After all, the goal of the buyer is to pay the least amount a seller will accept.
Each co-ops board of directors is charged with safeguarding the economic health of the building on behalf of its shareholders.
Monthly maintenance fees and common charges are not a source of profitability for the building, but merely the cost to run the building.
Being prepared with documentation can make the difference between securing an apartment and missing out.