Articles
For Buyers
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.
What Is Due Diligence And Why Is It Important When Buying A Property/Apartment?
Due diligence is the process of looking at the financial and legal issues of the property you are trying to buy, and it’s usually conducted by an attorney.
How To Write A Compelling Offer Letter
An offer letter is a potential home buyer’s first official/formal proposal to buy the property. It’s legally non-binding, which means
For Sellers
What Is A Gut Renovation?
Compared to partial or cosmetic renovations, a gut renovation project can be costly, challenging, and time-consuming, but it allows you to recreate your home interior almost from scratch.
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.
What Is An Appraisal?
Property appraisal is the process of evaluating a property to determine its fair price in the current market. It’s performed by third-party professionals called appraisers.
For Renters
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 housing unit) in NYC, you
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, you will have the final
7 Steps To Finding The Perfect Apartment To Rent With Your Family
Step-1: Evaluate Your Rent Affordability Your expenses naturally rise as your family grows, and making certain lifestyle changes, like replacing
New Development
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
Sponsor Units – What Do NYC Apartment Buyers Need To Know About Them?
Sponsor units are builder or developer-owned apartments in condos and co-ops that can be sold by bypassing board approval requirements.
What Is A Luxury Apartment in NYC?
A luxury apartment is not an official term. There are no specific criteria related to amenities and building features that
