A townhouse or single-family offers more privacy and control, but it comes with its own sets of challenges and problems that you should be aware of.
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.
Studio apartments are more affordable choices if you can compromise on space and privacy compared to one-bedroom apartments.
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.
All the buildings in NYC built in the last century can be divided into pre-war buildings and post-war buildings, based on whether they were built before or after the Second World War.
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.
An inspection is an assessment of the property’s condition done by a licensed professional in which they aim to identify any problems with the property.
HOA fees and condo common charges are paid to the managing bodies responsible for the community, while property taxes are paid to the city government.
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.
