Buying and Selling New York Residential Real Estate

A behind the scenes look at the Buying and Selling process that is

Date: TBA
Time: 6:30pm to 9:00pm
Cost: NYREI Students FREE; Non-Students $25 (course fee credited towards any future NYREI course)

Registration: Click for Online Registration
Note: SEATING IS LIMITED!!! RSVP REQUIRED.  Please call (212) 967-7508, stop by the office or register online to reserve your seat.

The panel of speakers:

Rochelle Crespi, Vice President at NY Mortgage/Indymac Bank

Diane Dickinson, Vice President Fox Residential Group

Alex Wolf, Esq., Real Estate Attorney, Principal at Wolf & Associates PLLC


Thinking about buying and selling in New York, but not sure where to begin?

Are you a real estate agent looking for additional knowledge to assist your clients so you will be able to close the deal?

Begin with an overview of what to expect from the market in the coming year and how you can benefit in this market environment.

The following will be covered by a panel of experts in real estate law, brokerage and finance:

Full Panel Presentation:

Preparing to buy/sell

Coops v. condos?  Which is the right choice for you?

The purchasing/selling timeline


The role of an expert Real Estate Broker:

First time homebuyer versus investor

Comparative Market Analysis/ how much is this property worth?

Is now the right time to sell?

Purchasing in a no-mortgage-contingency sellerís market

Purchasing sponsor units

Preparing Coop board packages

Qualifying for co-ops

New Construction


Financing options:

Obtaining a commitment letter in 24 hours

Get the mortgage which meets your financial needs

Interest only/ ARMs/ conventional amortized mortgages


Legal Representation:

From Contract to Closing, the attorneyís role

Contract review and due diligence for the buyer

Contracting to protect the seller

Closing the transaction/ Buyer or Seller

Capital gains tax consequences/exemptions for sellers/ New 1031 regulations

Forming an LLC to limit liability for the investor/owner

Family LLCs to avoid estate taxes and effect family transfers of ownership take a class to learn about buying & selling New York residential real estate at the New York Real Estate Institute.

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