In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya guide you through the intricacies of the contract negotiation process. From the initial deal sheet to the final signing, they explain how negotiations unfold, who is responsible for preparing the contract, and the key differences between contracts and riders. You'll also learn about the typical timeline for negotiations, the modern convenience of electronic signatures, and the dynamics of negotiating with various parties. Tune in to discover real-life stories and get valuable insights into ensuring a smooth contract negotiation process.

In this episode of Rock the Closing, hosts Orsolya and Dalia delve into the new Property Condition Disclosure Statement (PCDS) which took effect on March 20, 2024. This episode provides a comprehensive overview of the PCDS, detailing its requirements, purpose, and implications for both sellers and buyers. The discussion covers who needs to complete the form, what kind of information it should include, and the potential consequences of inaccurate disclosures. This essential guide aims to help real estate professionals, sellers, and buyers navigate the new disclosure requirements effectively.

In this episode of Rock the Closing, Orsolya and Dalia discuss essential real estate concepts including maintenance, common charges, assessments, and taxes. They explain the distinctions between maintenance and common charges, how taxes are paid for condominiums and houses, and the effects of tax exemptions and abatements. They also clarify assessments and their implications for property owners.

In this episode of Rock The Closing, hosts Orsolya and Dalia dive into the crucial topic of the contract deposit, a key component in real estate transactions. They explain what a contract deposit is, its standard amount, and its purpose. The episode covers when and how the deposit should be provided, including the differences between wire transfers and checks. The hosts also discuss the circumstances under which the deposit might be returned to the buyer or kept by the seller, emphasizing important considerations for both parties. The discussion highlights scenarios involving contingencies, breaches of contract, and the role of the seller’s attorney.

In this episode of Rock the Closing, we dive deep into the world of closing costs and what buyers and sellers need to prepare for beyond the purchase price. Discover the various costs associated with closing a real estate transaction, how to estimate them, and the differences between costs for buyers and sellers. We also cover typical scenarios that might result in additional credits or adjustments, and the importance of being prepared for unexpected expenses.

In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya dive deep into the due diligence process for purchasing a house. Unlike condos or co-ops, buying a standalone house involves a unique set of inspections, reviews, and checks to ensure that you are making a sound investment. They guide you through each step, from the initial buyer’s impression to the final title insurance review. Whether you’re a first-time homebuyer or a seasoned property investor, this episode will equip you with the knowledge needed to confidently navigate the due diligence process.

In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya break down the due diligence process when buying a condo or co-op. They cover essential steps such as property inspections, document reviews, and reading board minutes, helping buyers understand how to avoid potential pitfalls and make informed decisions.

In this episode of Rock the Closing, hosts Orsolya and Dalia delve into the intricacies of real estate transaction timelines. They break down the process and discuss how long different types of transactions typically take, from cash deals to mortgage-financed purchases. The episode also covers key steps in the process and provides valuable tips on how to prepare for a smooth closing. Whether you're buying or selling, this episode will help you understand what to expect and how to navigate the timeline effectively.

In this episode of Rock the Closing, Dalia and Orsolya dive into the key differences between cooperatives (co-ops), condominiums (condos), and houses, breaking down the unique aspects of each ownership type. They cover everything from how ownership is held, to the differences in insurance, carrying costs, taxes, and the advantages of each type. Whether you’re a first-time buyer or just curious about the nuances of real estate, this episode will provide you with a clear understanding of these different property ownership models.

In this episode of Rock the Closing, Orsolya and Dalia break down everything you need to know about the deal sheet, also known as the transaction sheet. This key document outlines the agreed-upon terms between a buyer and seller in a real estate transaction and sets the stage for the rest of the closing process. We cover who typically fills out the deal sheet, what essential information should be included, and how accurate details can make or break the deal. Whether you’re a broker, an attorney, or even a For Sale By Owner (FSBO) seller, this episode provides a detailed look at how to get the deal sheet right.

In our debut episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza introduce themselves and explain what this podcast is all about. They share their unique backgrounds and experiences in real estate, offering a glimpse into the wealth of knowledge they bring to the show. Discover why this podcast is a must-listen for anyone involved in real estate transactions in New York State.