Importance of Reviewing Board Minutes in a Condo or Co-op
Buying a condo or co-op in New York City requires careful due diligence. Understanding the contract of sale and scrutinizing board meeting minutes are…
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NEW YORK PROPERTY INTELLIGENCE
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…
AUTHOR ARCHIVE
A deliberately edited collection of market notes, transaction guidance, neighborhood context and ELIKA perspectives—not a daily content feed.
Buying a condo or co-op in New York City requires careful due diligence. Understanding the contract of sale and scrutinizing board meeting minutes are…
When you’re getting ready to make an offer on an NYC home, you need to be sure that your financials are rock solid. The…
The idea of purchasing an NYC home through a Limited Liability Company (LLC) is something most investors will be familiar with. Rather than owning…
In a fast market where homes sell swiftly, an escalation clause in your purchase offer could give you an advantage over competing buyers. Typically,…
Whether you’re looking to buy a new home or remodel an existing one, you will need a loan. Homebuyers had only three mortgage loan…
People often confuse the terms of real estate broker and agent. While they perform similar functions in the home buying and selling process, they…
Mortgage points are upfront interest a buyer pays at closing. For example, if you choose to pay two points on an $800,000 mortgage, $16,000…
With the current state of real estate in New York and the potential growing bubble on Wall Street, more and more people are looking to…
Obtaining an appraisal is an essential step in buying a co-op. The lender requires one for purchases and refinancing. So naturally, the financial institution…
For most people, buying a home is among their most important purchases. Buying a home can be an intimidating experience, with many facts and…
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