NYC Building Financial Statements

What to look for when evaluating condo and coop building financial statements. Overview of different sections and due diligence tips before you buy in NYC.

Analyzing Condo and Coop Building Financial Statements in NYC

By Sonja Gosine, Spokesperson at Hauseit® / June 28, 2018

Evaluating condo and coop building financial statements is an extremely important part of the due diligence process before buying an apartment in NYC. You’ll want to confirm that the building’s cash flow from operations is positive, meaning that the building [...]

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What does a condominium budget in NYC look like? What is a condo budget? Check out what a sample condo operating budget looks like!

Condominium Budget – What is a Condo Budget?

By Sonja Gosine, Spokesperson at Hauseit® / June 23, 2017

A condominium budget will determine a condo apartment's monthly common charges. It's critical to analyze a condo budget before signing a purchase contract in NYC. Many first time home buyers rely exclusively on their lawyers to scrutinize the condo budget

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Sample Co-op Financial Statements in NYC

By Sonja Gosine, Spokesperson at Hauseit® / March 20, 2017

What do sample co-op financial statements in NYC look like? Who’s responsible for analyzing and doing financial due diligence on your behalf? What can you learn about a building from just its financial statements? It's normal to ask for co-op financial

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