Articles
For Buyers
What Is An Alteration Agreement?
The alteration agreement specifies all the rules and regulations regarding alterations in any apartment in the building and has to be signed before alterations are made.
Rent-To-Own: What It Is And How It Works In NYC
Rent-to-own can be an amazing option for people who want to make a move from renting to buying but still need time to save enough money or build credit.
Everything Home Buyers Need To Know About Down Payment
What Is A Down Payment? When you are buying a home using a mortgage, the mortgage lender requires you to put up some of the
For Sellers
How Much Are Closing Costs?
Closing costs can range between 2-4% of the property price for buyers and 8-10% for sellers because they have to pay the brokers’ commission.
What NYC Property Sellers Need To Know About Virtual Tours
Virtual tours are a great way to create a reusable digital tour of your property that potential buyers can take advantage of from the comfort of their homes.
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.
For Renters
What Do Renters In NYC Need To Know About Security Deposit?
As a renter in NYC, you need to understand how much security deposit your landlord is allowed to ask for and what your rights are when it comes to getting it back.
10 Steps To Follow When Renting Out A Condo
Step-1: Learn About NYC Rental Laws Before you rent out your condo (or any other
A Renter’s Rights And Responsibilities In NYC
Renter’s Rights In The NYC Fair Housing- Everyone in NYC, regardless of their race, gender,
Commercial
The Basics Of Real Estate Investing
Humanity has known the importance of land and real estate since the agricultural revolution, and it has
Buying A Co-op As A Freelancer – What To Expect?
Freelancing has become more mainstream in the past decade. There are about 1.3 million freelancers in
What Is A CAP Rate
Cap rate is the ratio of an income-producing property’s Net Operating Income and market value, which gives a simplistic idea of the property’s return potential.
Neighborhood Series
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
Park Slope
There’s more to Park Slope than just its proximity and connection to Prospect Parks. It has a rich history and offers a beautiful blend of old brownstone architecture and greenery.
6 Things You Need To Know Before You Find Your First Tenant
Subletting Rules of Your Building If you own a single-family home or a multi-family property,
New Development
What Is A Certificate of Occupancy (C of O)?
In NYC, a Certificate of Occupancy is issued by the Department of Buildings and determines the use and occupancy status of a building. Read on to find out more.
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
