All about NYC Real Estate
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Townhouse Transactions
The bulk of our transactions in NYC pertain to co-op apartments, (which are not considered actual real estate, but rather stock shares in a corporation) and condominium apartments (which are considered real property). Co-op and condo transactions have many similarities in terms of contract negotiations, due diligence and banking regulations. However, there is a third, less common, but highly coveted type of real estate transaction- THE TOWNHOUSE.
WANT IN ON A SECRET?- BUYER'S AGENT EXPLAINED
According to the NYS Agency Disclosure Agreement:
"Buyer’s Agent A buyer’s agent is an agent who is engaged by a buyer to represent the buyer’s interests. The buyer’s agent does this by negotiating the purchase of a home at a price and on terms acceptable to the buyer. A buyer’s agent has, without limitation, the following fiduciary duties…