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Understanding the closing process for a real estate transaction in New York can help make it easier for you to know how to best handle the situation. Working with a title company or attorney The first step of the closing process for a real estate transaction involves...

For most real estate transactions in New York, buyers will make an earnest money deposit (EMD) when they make an offer for a property, and the person or organization selling the property has accepted it. Rules for EMDs are slightly different, depending on the type of...

Buying a home could result in a buyer purchasing a "dream residence." Part of the dream may involve getting the best price on the New York home. The seller understandably wants to get the highest price, but the buyer, along with the real estate agent, could negotiate...

Paying cash for a house sometimes allows buyers to close a deal on a property quickly. Cash payments often work well for New York investors and "house flippers," but traditional buyers might also intend to close a deal this way. Cash purchases have their benefits, but...

Negotiating a home-buying contract can be a complex process for many New York residents. There are various circumstances that might change a buyer's willingness to complete the deal. In most cases, people make an offer to purchase a home without knowing everything...