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NYC > Q&A > Buyers

Buyers

Showing 41-50 of 51 Q&A

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What is the difference between a fixed-rate mortgage and adjustable-rate mortgage (ARM)? Which is better for me?

What is the difference between a mortgage interest rate and APR (annual percentage rate)?

What are typical down payment percentage requirements for co-ops and condos? Do they tend to differ?

What is an adjustable-rate mortgage (ARM)?

If the seller requests to include a “sale-leaseback” provision to the contract, being allowed to maintain possession of the property as a renter after the closing, do you recommend I agree to that as the purchaser? What potential problems could arise?

If I want to include specific furniture or items that I saw in the apartment I’m submitting an offer for, should I include them within the deal or arrange for a separate purchase?

If a seller refuses to allow me, as the buyer, to include a mortgage contingency in the terms of the contract, what are my options to proceed, if any?

How long does it typically take to get a purchase application approved by the board in a condo building?

What condition should I expect an apartment that I purchase to be in after the closing?

The condition of an apartment upon move-in can vary depending on a number of factors, including the state of the apartment prior to closing (and what is included in the contract) in...

For a co-op board application package, what types of documentation and paperwork will I need to provide?

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Featured Q&A

What condition should I expect an apartment that I purchase to be in after the closing?

Buyers|Post-Closing

Can I use an out-of-state or non-real estate attorney to represent me when I purchase an apartment or townhouse in NYC?

Buyers|Prepare To Buy

What is a market-rate apartment and how does it compare with a rent-stabilized apartment?

Renters|Miscellaneous

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