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A Buyer   s Guide  Homeownership in New York City
Bold New York Co-Founders CEO Jordan Sachs Principal Todd Jacobs   boldnewyork  Bold New York boldnewyork.com  COO Andrew ...
BUY ER    S G UI DE  4  YOUR BOLD MOVE
5  CONTENTS  8 0 17 21 There   s No Place Like Bold SECTION 01  The Bold Difference  SECTION 02  The Benefits Of Homeowner...
BUY ER    S G UI DE  NO.  01  6  PEOPLE BEFOR
S ECT I ON T ITL E  About Us  7  E PROPERTIES
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9  Ready to purchase a home in New York City  Congratulations  We know this experience can be confusing and you   ve got s...
BUY ER    S G UI DE  10  There   s
11  SECTION 01  No Place Like Bold It   s a bold choice that, for many, will be the biggest financial decision of their li...
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13  About Us  Bold is a real estate consulting and brokerage firm, founded in 2010 by two young entrepreneurs who seized a...
14  Our Approach Every client   s scenario is different, so no two approaches will ever be the same. At Bold, we operate a...
15  People Before Properties While this may be your first time buying a home, it   s not ours. In fact, our team has over ...
BUY ER    S G UI DE  02 NO.  16  YOU
S ECT I ON T ITL E  Buyer   s Guide  17  FIRST
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19  SECTION  02  The Bold Difference Building relationships has always been the cornerstone of what makes us Bold  a close...
20  You   re in Good Company Buying a home is a big step for anyone and we want you to feel like you   ve got someone on y...
21  A Bold Impression We know New Yorkers have a lot of options when it comes to selecting their brokers, which is why we ...
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23  SECTION  03  The Financial Benefits of Homeownership Investment Homeownership builds wealth over time. Although a purc...
24  SECTION  04  Property Types in New York One of the first things we will discuss is the type of home you   d like to bu...
25  Cooperative A cooperative  or    co-op     is a multi-unit dwelling owned and operated by a corporation. A board of di...
26  Condo vs. Co-op  Category  Condominium  Cooperative  Proof of Ownership  Deed and Title  Proprietary Lease  High deman...
27  Condop A condop refers to a class of ownership structure where the building is a cooperative, but operates like a cond...
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29  SECTION  05  The Bold Process You are only as strong as the team that represents you. Andrew Eagle COO, Bold New York ...
30  Key Steps to Homeownership While the buying process can seem overwhelming, it shouldn   t be. In fact, it should be ex...
31  Step 1  Structure of your purchase Once you   ve made the decision to purchase a home, it   s imperative that you dete...
32  Step 5  Offer submission   negotiation   Once you have found a property of interest, your Bold agent will consult with...
33  Step 9  Submission of the purchase application Attention to detail is key. If you purchase a cooperative or condominiu...
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35  SECTION  06  Closing Costs What are closing costs  When a seller is transferring ownership to a buyer there are fees, ...
36  CLOSING COSTS   COOPERATIVES Purchaser   s Closing Costs Cooperative Application Fee   500      1,000  Judgement and L...
37  C LOS I NG C OST S
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39  CLOSING COSTS   CONDOMINIUMS   TOWNHOUSES Purchaser   s Closing Costs Title Insurance     Owner   s Policy  Approximat...
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