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Two Northside Piers closing price

Started by dewyagi
over 15 years ago
Posts: 98
Member since: Jan 2010
I noticed that NSP I all closing price are down to dollar. by down to dollar I mean for example apartment 19C is sold for $562,926 (just an example, not real number). Why is that, do people usually negotiate to dollar?
Response by maly
over 15 years ago
Posts: 1377
Member since: Jan 2009

it means they are paying some of the seller's closing costs, which has been customary for new developments (unless you negotiate otherwise.)

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Response by dewyagi
over 15 years ago
Posts: 98
Member since: Jan 2010

Thank you, maly for your response.

All the prices listed here are net of all incentives?

I thought that sponsor is giving cash back towards closing, and the price listed would not reflect that.

I must be wrong then

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