Truth Be Told

Access to current information about a building, is essential to making an informed purchase. When a managing agent of a co-op or condo refuses to answer questions, the buyer is placed in a precarious position...

Buying an apartment in a building in New York City yet to be constructed, presents a unique set of concerns and challenges. Make sure you understand what you are getting yourself into...

Rushing to sign a contract for a co-op or condo and not completing due diligence can have serious consequences...

Obtaining a loan is not as easy as it used to be. A bank can change its mind about making the loan even after the commitment letter is issued. The "funding contingency" is a useful contract tool to protect the borrower from disaster

The most difficult part of a co-op or condo transaction can be getting the parties to agree on a closing date. Here's how to avoid conflict and have smiling faces at the closing table.

When an architect fails to obtain a letter of completion when a renovation is finished, an owner can be in for difficulties and delays when it's time to sell the apartment...

Time to de-mystify the hype about the "Pre-Approval Letter". Although it may be love at first sight between the borrower and bank, a co-op or condo may not get the same reaction from a lender...