The Co-op Appraisal Process in New York City
Obtaining an appraisal is an essential step in buying a co-op. The lender requires one for purchases and refinancing. Naturally, the financial institution wants to make sure it is not…
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Larry Rothman
119 posts
Larry Rothman has over two decades' of experience in the financial services industry. He has worked for institutional brokerages and research firms as an Analyst. In this capacity, he has analyzed the economy and a variety of financial instruments across a wide array of industries. He's also been a freelance writer explaining a variety of topics in personal finance, real estate, and investing. He is a CFA Charterholder and has an M.B.A. in Finance.
Top Questions to Ask a Buyer’s Broker Before Hiring
For most people, buying a home is amongst the most important purchases they will make in their lifetime. Buying a home can be an intimidating experience, with a lot of…
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Choosing the Right Building Type to Live
The city’s skyline is littered with skyscrapers making it natural to associate it with tall buildings. The reality is quite different, however. There are many building types in New York…
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Good Things Come in Small Packages
There’s an adage that good things come in small packages. This applies to real estate, although this counters many people’s beliefs. Many people want the biggest apartment, associating it with…
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Understanding Estate Taxes
The subject of taxes intimidates many people, but the basic concept of estate taxes when it comes to real estate is relatively straightforward. Whether you are buying a home from…
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Practicing Home-Buyer Etiquette
Everyone wants to find the best deal, particularly when it comes to making a home purchase. After all, although the market has been softening, the median sales price for all…
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Conflicts of Seller Misrepresentation in Real Estate
With the real estate laws in New York being caveat emptor or ‘buyer beware,’ it helps buyers always to exercise caution in a big real estate purchase. One of the…
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Making an Offer in the Current Market
Various reports showed New York City’s real estate market continued to slow in the third quarter. Co-op and condo prices fell, while unit sales were weaker, and inventory increased, according…
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When a Co-op Board Ask for Guarantor
A co-op board does not have to reject your application outright. If they have a concern about your financials (e.g., short job history, insufficient earnings, etc.), the board may provide…
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