Condo Closing Costs for Seller

April 23, 2015

These are estimates and you should consult your real estate attorney or financial adviser for specifics. These may not be the entirety of potential costs, and are only to be used as a guide. Broker Fee 6% Real Estate Attorney $1,500+ Bank Attorney $450+ NYC Transfer Tax 1% + NYS Transfer Tax 0.4% Payoff Bank […]

Timeline for Selling a Co-op

January 22, 2015

Offer (1 day) The buyer and seller agree to a sales price. Contract Of Sale Prepared (1 to 3 days) The seller’s attorney prepares the contract, and the buyer’s attorney receives contract. Legal Due Diligence (1 to 5 days) The buyer’s attorney reviews the minutes of the board, building financials, and the offering plan w/ […]

Co-op Closing Costs for Seller

These are estimates and you should consult your real estate attorney or financial adviser for specifics. These may not be the entirety of potential costs, and are only to be used as a guide. Broker Fee 6% Real Estate Attorney $1,500+ NYC Transfer Tax 1% + NYS Transfer Tax 0.4% uCC-3 $75+ Stock Transfer Tax […]