Monthly Archives: August 2012

How much of an advantage does paying all cash play in purchasing an apartment?

Q: How much of an advantage does paying all cash play in purchasing an apartment? Read More.

What is the purpose of maintenance fees and when are they applicable?

Q: What is the purpose of maintenance fees and when are they applicable? Co-ops, condos? Are there taxes over and above the maintenance fees? I am particularly looking at 1-bedroom apartments for sale in Manhattan so I am only interested in issues applicable to Manhattan apartment purchases. Thank you. Read More.

My boyfriend and I are moving to NYC and debating whether or not to hire a broker. Is this necessary, and how much can we expect to pay in fees?

Q: My boyfriend and I are relocating to NYC from LA and Toronto – finally, an end to our long distance relationship! We are learning about the NYC market and are thinking about employing the help of an expert broker. If we do this, how much can we expect to pay in broker fees? Also, is it much more difficult to find a place on our own? Thank you very much! Read More.

Does your average price per square foot refer to gross feet, and do you have maintenance/sf data?

Q: Does your “average price per square foot” refer to gross feet, which sometimes includes a percentage of public spaces, such as elevator shafts, or “carpetable” feet? Do you have data on maintenance and real estate taxes per square feet? If not, can you get it? Read More.

How much of an impact will a default on an education loan have on a credit report?

Q: How much of an impact will a default on an education loan have on a credit report? Read More.