7 ways to compete with an all-cash offer

… As the saying goes cash is king New York City buyers who pay all cash instead of financing part of their purchase can usually expect to close fasterfor example six weeks for a coop instead of … Steinberg has seen this happen We recently had a deal where the buyer offered that the seller could keep a …

By Jennifer White Karp |May 16, 2023 - 10:30AM
What is a mortgage recording tax? Are there ways to reduce it?

… new lender is willing to accept an assignment … Mortgage assumptions are increasingly rare … A less common workaround on the mortgage recording tax is a mortgage assumption where you take over the sellers mortgage  An assumption would have you taking on the mortgage of the …

By Emily Myers |March 21, 2023 - 12:30PM