Every so often, lucky would-be buyers can find a listing for condos (or even a co-op!) offered through a rent-to-own option. Typically, some or all of your rent over a certain period of time (usually 6-12 months, though this varies) is applied to a pre-negotiated purchase price. It’s an option worth considering in a market […]
If your dream home turned out to come with a few surprises like cracks, leaks, broken mechanicals, or other defects, the good news is that you may have some legal recourse. Of course, getting into a lawsuit is never an ideal outcome but there are many steps you can take before things get to that […]
Hate the prospect of a co-op board going over your financials with a fine-tooth comb? Think it’s years till you can get anywhere near 20% together for a down payment? It’s time to learn about sponsor units. What is a sponsor unit? A special category of apartments in New York City are called “sponsor units.” […]
