Condo Offering Plan NYC Archives

Special Risks to Buying a New Construction Home in NYC

By Sonja Gosine, Spokesperson at Hauseit® / September 7, 2021

There are many risks to buying a new construction home in NYC besides being expected to pay transfer taxes and attorney fees on behalf of the sponsor. We'll talk about risks unique to buying new development units from sponsor control [...]

Special Risks to Buying a New Construction Home in NYC Read More »

What is a condo or co-op offering plan in NYC real estate? How can I obtain a copy of an offering plan? What information is contained in an offering plan?

Offering Plans for Co-ops and Condos in NYC

By Sonja Gosine, Spokesperson at Hauseit® / July 13, 2021

What is an offering plan in NYC real estate? Where can I find the offering plan for my condo or co-op building? Who pays for the offering plan? What information is in a coop offering plan? We'll explain everything you

Offering Plans for Co-ops and Condos in NYC Read More »

How to Make an Offer on a Condo in NYC

By Sonja Gosine, Spokesperson at Hauseit® / January 29, 2020

Knowing how to make an offer on a condo in NYC is something you should learn well in advance of finding your dream apartment. Preparing your condo offer documents at the beginning of the search can put you in an

How to Make an Offer on a Condo in NYC Read More »

Are there any rules preventing a real estate listing agent from lying about how many interested buyers there are for a property? Can a Realtor lie about multiple offers? Practically speaking, yes.

Can a Realtor Lie About Multiple Offers in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / October 15, 2018

Are there any rules preventing a real estate listing agent from lying about how many interested buyers there are for a property? Can a Realtor lie about multiple offers? Practically speaking, yes. Even though there may be various code of

Can a Realtor Lie About Multiple Offers in NYC? Read More »

The highest and best offer are asked by home sellers to their buyers when they’ve received multiple offers and are having a tough time deciding.

The Highest and Best Offer Process in NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 12, 2018

When a home sellers asks interested buyers for their highest and best offer, it typically means they’ve received multiple offers and are having a tough time deciding. As a result, they’ve asked everyone to submit their best and final offer

The Highest and Best Offer Process in NYC Read More »

Generally speaking, offers should not be less than 10% of the asking price for a reasonably priced listing. The answer will vary based on how reasonable the listing price is.

What Is a Reasonable Offer on a House in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 26, 2018

What is a reasonable offer on a house? Generally speaking, offers should not be less than 10% of the asking price for a reasonably priced listing. The answer will vary based on how reasonable the listing price is. If there’s

What Is a Reasonable Offer on a House in NYC? Read More »

It typically takes two to three months to close on a condo in NYC. How long it takes to close on a condo apartment in New York City depends on a number of factors.

How Long Does It Take to Close on a Condo in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / September 11, 2018

It typically takes two to three months to close on a condo in NYC once you have a signed contract. However, the timeline from accepted offer to closing can be faster or slower depending on a number of factors. These

How Long Does It Take to Close on a Condo in NYC? Read More »

What is a square foot? Where can you find the actual square footage of a condo or co-op apartment in NYC? How to measure square feet in NYC and more.

How to Measure Square Feet for Real Estate in NYC

By Sonja Gosine, Spokesperson at Hauseit® / July 24, 2018

What exactly is square footage? How is it measured and how do you find the actual square footage of a co-op or condo apartment in NYC? Are new development square feet measurements always inflated? We'll discuss everything you need to

How to Measure Square Feet for Real Estate in NYC Read More »

Buying a condominium conversion, rehabilitation or re-development is very different from buying a new construction condo in NYC. Whereas in a ground up new construction building everything is new, that is not the case with a condo conversion. Is the plumbing, electrical and roof new? Is the condo budget realistic?

Condominium Conversion vs New Construction in NYC

By Sonja Gosine, Spokesperson at Hauseit® / May 25, 2018

Buying a condominium conversion, rehabilitation or re-development is very different from buying a new construction condo in NYC. We’ll go over the special risks associated with buying a condo conversion or rehab in this article. Estimate your buyer closing costs

Condominium Conversion vs New Construction in NYC Read More »