Ask the developer for regular construction updates starting six months prior to the projected closing date so that if you need to extend your lease or closing date, you have plenty of time to do so.
Even if you’ve bought an apartment in New York before-and even if it was a condo-new development "is a completely different animal," says Debbie Zolan, an agent at Compass with extensive new development experience, particularly in Brooklyn. To boost your chance of getting what you pay for, and head off any nasty surprises, here are the 19 essential questions to ask while shopping for a new.
For budgeting and financing you need to know the monthly fee and exactly what you are getting for it. What are the condominium rules & regulations? Condominium rules can prohibit pets, your ability to rent out the unit, and perform renovations. Make sure you carefully review the rules and regulations before buying.
The problem is that developers have to pre-sell condos to finance the projects. To change the system there would need. where do we go?” said Notarfonzo. It wasn’t her first disappointment with a.
Dreaming of owning a condo or co-op? myfirstcondo.com shows you how to make that dream come true.. When, exactly, do you need to.. Know Before You Owe: How The New Mortgage Rules Will Affect First-time condo buyers. october.
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Things to know before you buy a condo. Life. By. But it truly is "different" from owning a traditional single family home, and you need to know ahead of time what you are getting into.
After 7 years of a good old day job and not much else, here I am standing two weeks to go before I officially own. detail in this article. But I do want to highlight the “social” part of being a.
15 Things You Need To Know Before Buying An Apartment in NYC Toll Brothers City Living; 100 Barrow. we scoped out a few professionals for their inside take on the top 15 things you should know before investing in your first big city digs.. (and more frequently as of late, a condo.
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