Articles
For Buyers
What Is An HDFC Building?
An HDFC building is subsidized housing for low to medium-income families, mainly for owner-occupation.
What Is A Tax Abatement?
A tax abatement allows property owners in NYC to reduce their property tax obligations. The right abatement can significantly reduce the cost of owning a property.
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 Sellers
What Do You Need To Know About Permits Before Renovating Your NYC Apartment?
Depending on the renovation you are planning, you may need to secure a permit before you can hire a contractor to perform the necessary work.
What You Need To Know About NYC Real Estate Contract Contingencies
As a buyer, you need to know all about the contingencies you can add to your real estate contract to give you an easy way out, as well as when you might need to waive them.
What Is An Exclusive Listing?
An exclusive listing in NYC is when only one broker has the exclusive rights to list and market a property. This gives them the surety of earning the commission.
For Renters
Your Guide To Rent-Stabilized Apartments In NYC
What Are Rent-Stabilized Apartments In NYC? Rent-stabilized apartments are a form of rent-regulated apartments that have existed since 1969. In
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.
The Basics Of Real Estate Investing
Humanity has known the importance of land and real estate since the agricultural revolution, and it has been an investment vehicle for
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.
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
What Is A Mortgage Recording Tax?
Property buyers in NYC need to pay a Mortgage Recording Tax when taking out a mortgage to buy a property or refinance an existing property.
