I've heard the term 'escrow' during closings—what is it?

… ways that escrow comes into play Below four of the most common scenarios in which youll be putting your cash … the most part this is fairly straightforward unless youre buying with a noncontingency contractmeaning that youve … indeed it isbut its all par for the course in a typical NYC apartment deal For a comprehensive guide to other …

By Virginia K. Smith |April 17, 2017 - 8:59AM
What are the transfer taxes in a New York apartment sale?

… transaction the sale of a New York City apartment tends to come with numerous extra costs in tow well beyond the … the mansion tax that expense is usually shouldered by the buyer Meaning that if youre purchasing an apartment that … can get tricky is with new construction and sponsor sales where its more common for the  buyer  to pay all the …

By Virginia K. Smith |January 30, 2017 - 8:59AM