NYC Apartment Purchase TIMING: It's longer than you think!

Real Estate Investing in New York by Christina Kremidas

Welcome to Episode 26 in my Series REAL ESTATE INVESTING IN NEW YORK!!
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In this Episode, I'm sharing the timeline for the purchase process condos and co-ops in NYC. I'll bet you are going to be surprised at how long it actually takes to get from the apartment search phase all the way to the closing table!
Topics covered in this episode:
☆ Overview of the property purchase process:
- Apartment search
- Offer and acceptance
- Due diligence
- Contract signing
- Mortgage Loan approval
- Purchase application for the building
- Board interview (for co-ops)
- Closing
☆ Why the timing of the purchase is very unpredictable
☆ Common causes of delay
☆ Best practices for planning your move/logistics
Are you purchasing in NYC? I would love to answer your questions!
I always am so happy to have the opportunity to work with you - if you would like for me to represent you as your Agent as you begin the property purchase or sale process, please do not hesitate to reach out to me.
Don't Miss Episode 27, where I will be sharing answers to your questions! Be sure to send me your real estate questions via instagram DM or by email!
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