Many are surprised by the amount of paperwork it takes to purchase a co-op or condominium apartment in New York City.
As a real estate broker in Manhattan for over 17 years, I’ve put together numerous condo and co-op purchase applications. Recently I photographed some of the applications and the pictures show a major difference between buying a co-op or condo apartment.
The Top 5 most important things to know before buying an apartment in New York City.
People who purchase property in an LLC usually do so to maintain privacy and to limit personal liability in the event of a lawsuit or divorce.
When forming an LLC there is a simple yet common mistake oftentimes made that ends up revealing the true owner’s identity.
NYC co-op board packages can comprise hundreds of pages and preparing a NYC co-op application is oftentimes the most challenging and labor intensive part of purchasing a co-op apartment.
NYC real estate attorney Adam Turk shares some valuable insights about the most important things a non-U.S. citizen should know before buying an apartment in New York City.
Simple mistakes made when buying a property in NYC can potentially cost a foreign buyer thousands of dollars. With the right team helping you with your NYC property purchase, the process will be much easier and possibly save you a lot of problems.