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Closing Costs NYC: Condo vs Co-op Buyer’s Guide 2019

Despite having to pay sky high prices for apartments in NYC, some buyers may not realize that there are additional closings costs they haven’t considered. The extra costs can really add up, especially for condos.

April 04, 2019

Buyer Prevu
REBNY Financial Statement: How To Guide & Samples

While it only used to be submitted for co-ops in NYC, this financial disclosure form has become a de facto document accompanying all offers for properties listed in the Real Estate Board of New York's Residential Listing Service (RLS).

January 03, 2019

Commission Rebates: What NYC Buyers Need to Know in 2019

Imagine buying your dream apartment in New York City. You worked hard to save up for it, you search online and are assisted by an expert real estate broker to find the perfect place, you complete your purchase, then - SURPRISE - you get a large commission rebate check.

January 01, 2019

Buyer Prevu Rebates

Recent Articles

Seller Closing Costs NYC - What You Can Expect in 2019

Seller closings costs in NYC are very high, but they don't have to be. Learn how you can save when selling your apartment.

April 04, 2019

Seller NYC
NYC Mansion Tax – New Facts Buyers Need to Know in 2019

The NYC mansion tax is a real estate transfer tax imposed on property purchase of $1 million or greater and is one of the largest potential closing costs in NYC.

April 04, 2019

Buyer NYC Taxes
Time Kills All Deals

There is an old adage in real estate and life that time kills all deals. Learn what what you need to know to keep your deal on track and succeed in your real estate purchase.

March 19, 2019

Buyer Lifestyle
Curating Your Greenwich Home - Tips from Fiona Leonard

Designing the interior of an entire home can be a major undertaking, especially if you’ve recently moved to the Connecticut suburbs from an apartment in NYC.

March 07, 2019

Designing Your Brooklyn Apartment - Tips from Brooklinteriors

Get insights on interior design trends in Brooklyn thanks to our interview with Alicia Hassen - Founder of Brooklinteriors.

February 27, 2019

Expert Tips for Foreign Buyers Investing in NYC Real Estate

Foreign buyers investing in NYC real estate need to be aware of the rules and that apply to their purchases. Learn more from our interview.

February 26, 2019

The Costs of Owning & Maintaining a Home in Connecticut

It’s likely not a surprise, but the costs of owning a home in Connecticut go beyond your monthly mortgage payment, home-owner’s insurance, and local property taxes.

January 22, 2019

Are Real Estate Commission Rebates Legal in Connecticut?

“Commission rebates”, “buyer commission rebates” or just “buyer rebates” are when a real estate agent shares some of their commission with the person buying that home.

January 17, 2019

Buyer Rebates
Contingencies in NYC Real Estate Purchase Contracts

When buying a home or apartment in NYC, you will sign a purchase contract reviewed by your real estate attorney. Learn the most common contingencies that can be added for your protection.

January 12, 2019

Buyer NYC
7 Reasons to Move to Greenwich Connecticut in 2019

The Town of Greenwich is ranked as one of the best places to move in Connecticut and Connecticut is consistently considered as one of the best states to live in the country.

January 12, 2019

Buyer Lifestyle
Preparing Your Apartment For An Open House

An open house gives potential buyers the opportunity to check out your apartment without having to make an appointment. Learn how you can be ready.

January 08, 2019

NYC Seller
5 Reasons to Hire a Buyer's Agent in NYC Real Estate

Whether you are taking the plunge to buy your first apartment in NYC or going through the buying process a second time, you are likely debating if you should hire a buyer's agent in NYC.

January 07, 2019

Buyer NYC Prevu
REBNY Financial Statement Template - Downloadable 2019

Use this free, interactive template to easily complete and save your REBNY Financial Statement.

January 03, 2019

7 Expert Tips for a First-Time Buyer in NYC in 2019

The moment has arrived and you’ve decided to put your days of renting in the past! No more cancelled rent checks, no more lectures from your parents to get your act together, and no more FOMO watching your friends buy their own places.

January 02, 2019

Buyer NYC
NYC Mortgage Recording Tax - Everything to Know in 2019

The mortgage recording tax is one of the largest potential closing costs NYC homebuyers pay when buying with a mortgage. Learn if it will apply to your purchase.

January 01, 2019

Buyer Taxes
NYC Co-op Sublet Policy - 2019 Buyer’s Guide & Insights

NYC co-op sublet policies vary from building to building. Learn the right questions to ask so you can decide on the perfect co-op for you.

January 01, 2019

Buyer Prevu
9 Most Common Questions When Buying a Co-op in NYC

Thinking about buying a co-op in NYC? Check out the answers to the most common questions New Yorkers have about purchasing a co-op in NYC.

December 21, 2018

Buyer Prevu
Co-op Reference Letters NYC - Examples & Tips for Buyers

In addition to financial documentation, you will need to submit reference letters as part of your co-op board application. See what letters you'll need.

December 21, 2018

Buyer Prevu NYC
1031 Exchanges in NYC: An Investor's Introductory Guide

Taxes aren’t exactly the most enticing of topics. However, when it comes to real estate investors and capital gain taxes, there is one topic that is extremely exciting . . .

December 20, 2018

Buyer NYC Taxes
How Much Cash Do Buyers Need to Buy a Co-op in NYC?

If you are buying a co-op in NYC, you are probably going to get a lot more for your money than if you were buying a condo. That said, you will also likely need more money in your bank account after you close.

October 02, 2018

Buyer NYC
Real Estate Attorney Fees in NYC - What To Expect

When you are buying an apartment or home in NYC, it is not only recommended to hire a real estate attorney to advise you during the transaction, it is also important to fully understand what you will pay in real estate attorney fees.

September 18, 2018

Buyer NYC
Moving to NYC Suburbs - An Expert Guide for Homebuyers

You’ve had your fun in city with many fond memories you’ll cherish forever, but you’ve decided it’s time to move to the NYC suburbs.

September 01, 2018

Buyer Prevu Lifestyle
Should I Sell My NYC Apartment Or Rent It Out?

Trying to decide if you should sell your NYC apartment or rent it out? Ask yourself these helpful questions to make an informed decision.

August 10, 2018

Prevu Seller NYC
7 Tips to Make Buying a NYC Apartment More Affordable

We all wish we had an unlimited budget when buying a NYC apartment. Unfortunately, very few of us have endless resources to be able to afford any sale price.

August 09, 2018

Buyer Rebates
What Type of NYC Apartment Buyer Are You?

When you decide you want to begin your search for a NYC apartment, it’s important to understand what type of apartment buyer you are in order to succeed.

July 24, 2018

Buyer Prevu NYC
Be Ready to Buy: What If Your NYC Apartment Offer Is Rejected

When you make an offer to buy an apartment in NYC, there is no guarantee that the offer will be accepted. Here are expert tips to increase your chance of success.

July 06, 2018

Buyer Prevu NYC
Final Walk-Through Checklist - Tips for NYC Buyers

The last step before the closing table is a final walk-through of your NYC apartment. Be prepared with Prevu's final walk-through checklist.

June 19, 2018

Buyer Prevu
Be Ready to Buy: Mortgage Pre-Approval in NYC

Before you get too excited about your NYC apartment search, it’s important that you get a mortgage pre-approval first if you want to act quickly when you find the one!

June 19, 2018

Q&A: Buying in a New Development in NYC - Expert Tips

Buying in a new development in NYC raises unique questions compared to other NYC condo purchases. Learn tips from a local expert.

May 25, 2018

Buyer Prevu Rebates
Prevu Offers Buyer Commission Rebate in Westchester

Prevu’s Smart Buyer™ commission rebate has grown in popularity in NYC, and based on overwhelming demand has launched its commission rebates in Westchester County.

May 03, 2018

Buyer Rebates
Will a Personal Offer Letter Help Me Buy in NYC?

A personal letter included with your offer to buy a NYC apartment helps support an otherwise strong price or REBNY financial statement.

April 13, 2018

Buyer Prevu
Tips for Showings & Open Houses in NYC

Getting more serious about buying an apartment in NYC? Here are a few helpful tips for attending open houses & showings in NYC.

April 09, 2018

Buyer Prevu
Saving New Yorkers Money - Buyer Rebate NYC

Buyer rebates in NYC save homebuyers money. Hear Prevu's mission in a recent discussion on the Real Estate Is Your Business podcast.

April 06, 2018

Buyer Prevu Rebates
New Development Closing Costs in NYC

If you are buying in a new development or a conversion, watch out - closing costs can be significantly higher than buying other apartments in NYC. Learn what you can expect to pay during your new development purchase.

March 08, 2018

All-Cash Buyer NYC - Can I Get Better Prices?

Curious if you can get a better price if you pay all cash for your apartment in NYC ? Learn how you can get a better price and get cash back with a commission rebate.

March 06, 2018

Buyer Rebates
Gift Letter NYC - Buyers Need To Document

Ready to buy an apartment in NYC but need a little help from family? Learn what you'll need to document that generosity with a gift letter.

March 05, 2018

Title Insurance NYC - Fact Guide for Buyers

Whether you are diligently researching the potential closings costs you will pay in NYC or simply familiarizing yourself with terms mentioned by your real estate attorney, one of the fees you are likely to encounter is title insurance.

February 12, 2018

What is a Best and Final Offer in NYC?

Have you submitted an offer to buy a condo or co-op in NYC and discovered that you are in competition with other buyers? You will likely be asked to submit a “best and final” offer.

February 08, 2018

Technology Enables Largest Commission Rebate in NYC

Search your customized property feed, make an offer with an expert agent, and receive NYC's largest commission rebate with these easy steps.

January 29, 2018

Buyer Rebates
5 Tips for Winning a Bidding War in NYC

Fearful of engaging in a bidding war for a condo or co-op in NYC? Here are 5 tips that will give you an advantage in an NYC bidding war.

January 12, 2018

On Time. On Budget. A Better NYC Home Renovation.

Meet Fraser Patterson - CEO of Bolster - who is focused on changing the NYC home renovation experience forever with the combination of technology & transparency to provide guaranteed pricing for home renovation projects.

January 10, 2018

Podcast Lifestyle
Making an Offer in NYC: What You’ll Need to Be Ready

If a property in NYC is priced well, it sells and sells quickly. Serious buyers should be prepared to make an offer when they start looking to purchase a condo or co-op.

January 09, 2018

Brooklyn, Skateboards, & Changing The Rental Experience

Real estate has been one of the later adopters of technology, but there is a burgeoning movement of motivated innovators that are re-thinking how different areas of real estate should change for the better.

December 20, 2017

Podcast Lifestyle
Q&A: Expert Tips for Maximizing Closet Space in NYC

The amount of closet space an apartment offers can be an attractive feature for homebuyers and renters when evaluating an apartment in NYC, but what are the tips and tricks to maximize the closet space you ultimately have in your apartment?

December 19, 2017

Lifestyle Prevu
What New Yorkers Are Saying About Commission Rebates

Buying an apartment in New York City is expensive. When it comes time to select a real estate agent to help you with your purchase, what if you had the option of selecting an agent that gave you cash back?

December 16, 2017

Buyer Rebates
The VC Focused on Real Estate Technology & Innovation

New venture capital firms, like Fifth Wall Ventures, have begun a dedicated approach to investing in real estate technology startups that are transforming what they refer to as the "Built World".

December 15, 2017

How I Saved $110,000 When Selling My Apartment in NYC

Traditional brokers no longer hold the keys to the real estate castle. 98% of homebuyers search online when looking for a home and it is increasingly difficult for brokers to justify the high fees they are charging homeowners to sell their homes.

December 08, 2017

Prevu vs Traditional Real Estate Brokers in NYC

One of the most common questions Prevu receives from homebuyers is “How is Prevu different from traditional real estate brokers in New York City?” The answer is simple. Prevu is on a mission to save you money when you buy an apartment in NYC.

December 07, 2017

Tech-Enabled Real Estate Brokers Are Modernizing The Industry

The rise of tech-enabled real estate companies is providing homeowners and homebuyers with new approaches to residential brokerage.

December 05, 2017

Prevu's Co-Founder To Co-Host Real Estate Technology Podcast

Thomas Kutzman, Co-Founder of Prevu, will co-host "Real Estate Is Your Business" podcast focused on how technology Is transforming the real estate industry.

December 04, 2017

Podcast Prevu
How To Get a Mortgage Pre-Approval in 3 Minutes

The mortgage process can seem overwhelming, but it shouldn't be this way! Luckily, there are innovators like Better Mortgage who are creating solutions to make the process simpler, faster, and more transparent.

December 04, 2017

Prevu Launches End-To-End Platform in NYC

Prevu launches end-to-end platform for homebuyers in New York City - enhancing its industry-leading Smart Buyer™ commission rebate service. Get more when you buy with Prevu.

September 27, 2017

Buyer Prevu