The waiting is finally over! You saved your money for years, found the NYC apartment you always wanted to buy, made an offer that was accepted, signed the contract, and your mortgage commitment has been issued ahead of your closing date.
The last step before arriving at the closing table is a final walk-through of the apartment. A walk-through typically takes place a few days prior to the closing (in some cases, on the morning of the closing) and is organized by your NYC real estate agent to verify the condition of the property.
A walk-through is not a formal home inspection (you’ve probably done that with a home inspector or inspection company already). The purpose of a walk-through when buying a NYC apartment is to double check that the condo or co-op unit’s condition hasn’t changed since you last visited, ensure all appliances and fixtures mentioned in the contract are present and working, and confirm that any agreed-upon repairs have been completed.
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
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
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