New York Transfer Taxes Explained
Anyone selling property in NYC must pay state and local transfer taxes as part of their closing costs. This is the seller’s second largest expense after the real estate agent…
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Posts by author
Gea Elika
267 posts
Principal Broker of Elika Real Estate and Director of The National Association of Exclusive Buyer Agents, Since 2013. Gea has been quoted in reputable industry sources New York Times, Wall Street Journal, USA Today, Mansion Global and The Real Deal to name a few.
How to Create a Budget for Buying Your First Home
Buying your first home is no easy task, but you can do it with the proper preparation and planning. One of the most important steps – perhaps the most important…
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What Do You Need to Rent an Apartment in NYC?
You’ve probably heard that finding an apartment to rent in New York is no easy task, and that’s putting it lightly. With steep income requirements, heavy competition, and a host…
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Why You Should Start Investing in Real Estate Today
Becoming a real estate investor can feel like a dream for many people. You enjoy predictable cash flows, tax advantages, diversification, and maybe even build enough wealth to retire early.…
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Our Real Estate Market Predictions for NYC in 2022
In the first half of 2021, New York City’s housing market took a nosedive due to the pandemic. However, things quickly improved in the second half of the year as…
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Happy Holidays and Happy New Year NYC – 2022
Wishing you and your family a Happy and Healthy New Year!2022Your ELIKA Team #happyholidays #happynewyear #2022
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Real Estate Taxes Vs. Property Taxes: What’s the Difference?
Property taxes refer to personal property, such as a car or a boat. You’re probably familiar with paying property taxes yearly if you own a home. You may also call…
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Are Foreign Buyers Returning to NYC? What the Future Holds
Despite the pandemic chaos, New York City’s real estate market has been on fire throughout 2021. More apartments were sold in the third quarter than at any other time in…
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Exhausted by Your NYC Home Search?
Getting into the homebuying game can be incredibly exciting, at least initially. Once you’ve dipped your toes, the stress and difficulties of the ordeal become readily apparent. With many things…
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Could Identity Theft Keep You from Buying a Home?
Picture the scene. You’ve just found the perfect home and are ready to make an offer. You apply for a mortgage only to have it be denied, not because of…
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