A. COOPS: 1) Offering Plans : Bylaws , House Rules, Proprietary Lease, Schedule A (note: NO FLOOR PLANS or PRICE … Read More
The foreign investor: What you need to know
I. The Foreign Person Test: Is your client an alien resident of the US? A. “Green Card Test”- has the … Read More
The New York real estate transaction: From A to Z
BUYER OBTAINS PRE APPROVAL LETTER TO SUBMIT OFFER ¯ OFFER ACCEPTED ¯ Broker Delivers Deal Sheet, Offering Plan & Financials … Read More
Becoming a negotiation expert for your client
A. Strategies for Protecting your Buyer Against Low Appraisals: 1) Every Offer should include a mortgage contingency clause for at … Read More
Coops vs condos
A. COOPS: 1) Great for owner occupied properties, not investment or rental purposes 2) Closing is contingent upon strict Board … Read More
Closing costs
A. COOPS Taliya A. Bashani, Esq. tali@tablawfirm.com CLOSING COSTS PH: 212-379-6405 FAX: 646-651-4566 BUYERS: 1) LienSearch–generallyaround$450 2) CoopAttorneyFee-around$600-$750 3) RecognitionAgreementFee(onlyappliestofinancing)-usually$350 … Read More