Articles
For Buyers
Co-Op Financial Requirements in NYC
Co-op financial requirements in NYC are stricter than the requirements for buying a condo and you might need to save much more than the usual 20% for down payment, to meet the financial requirement for a co-op board.
How To Research An Apartment Purchase Online?
Even if you plan on working with a buyer’s agent when searching for an apartment to buy, there are several
What Is ACRIS?
ACRIS allows buyers, property owners, brokers, and attorneys to look at and gain insights from property documents like deeds and mortgage records.
For Sellers
How To Plan A Budget-Friendly Bathroom Renovation
Bathrooms are one of the few places in your home where remodeling/renovation can increase the property’s value, at least enough
Liens On Properties: What Do Buyers And Sellers Need To Know About It?
A property in NYC can have several different types of liens, and until these liens are paid off or settled, it will be very difficult for the property owner to sell that property.
What Do You Need To Know About A CEMA Loan?
CEMA loans are available for people who want to refinance their mortgage (and sometimes to buyers) and allows them to save money on mortgage recording tax.
For Renters
Is It Legal To Get A Roommate In NYC?
While it’s legal to get a roommate in NYC, there are certain stipulations attached to this right. The state and city
What Is Amortized or Net Rent?
Net effective rent or amortized rent is calculated by dividing the total rent you have to pay (after discount) over the term of the lease by total months in the lease.
10 Steps To Find The Perfect Apartment To Rent In NYC
1. Identify The Right Time To Enter The Market The best time to find available apartments in NYC is usually
New Development
What is New Development?
New development is usually a newly constructed or heavily renovated structure that is for sale directly by the developer responsible for the construction/renovation.
Everything You Need To Know About NYC Brownstones
What Is Brownstone? Brownstone is a type of sandstone commonly used in construction. It’s not actually used in the structural
Downsizing in NYC – Strategies and Best Practices
Whether you rent or own your home in NYC, there comes a time when you have to upsize or downsize