Nuts and bolts of closing?


I am closing on my first condo soon and am wondering if there are there any “must” questions I should bring to the table when I review all the paperwork — especially any questions that might not be obvious to first-time buyers. I know I will definitely bring up the issue of fixing items that were neglected on my punch list.

By JenNYC | 03/11/2008 8:01 PM | Comment

C of O factors?


I recently bought a new condo that’s waiting on its certificate of occupancy. The broker says a C of O is a month away, but they were giving a one-month estimate way back in November. I know I could be in for a long wait, and I’m ready for it, but I’m curious to know if the number of units sold has any impact on the C of O status? Or is it all just a matter of checking off the DOB inspections?

I’d say 70%-80% of the units have been sold.

Categories: C of O
By JenNYC | 02/29/2008 12:27 PM | Comment