What is the REBNY Financial Statement?
When you’re getting ready to make an offer on an NYC home, you need to be sure that your financials are rock solid. The usual way to accomplish this is…
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Larry Rothman
120 posts
Larry Rothman has over two decades' of experience in the financial services industry. He has worked for institutional brokerages and research firms as an Analyst. In this capacity, he has analyzed the economy and a variety of financial instruments across a wide array of industries. He's also been a freelance writer explaining a variety of topics in personal finance, real estate, and investing. He is a CFA Charterholder and has an M.B.A. in Finance.
What is an LLC? Know About Forming and Using One in NYC
The idea of purchasing an NYC home through a Limited Liability Company (LLC) is something most investors will be familiar with. Rather than owning the business yourself, you’ll be holding…
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Should You Consider an Escalation Clause in Your NYC Purchase Offer?
In a fast market where homes sell swiftly, an escalation clause in your purchase offer could provide you with an advantage over competing buyers. Typically, escalation clauses are not a…
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Fixed Rate vs. Adjustable Rate Mortgage Loans
Whether you’re looking to buy a new home or remodel an existing one, you will need a loan. Homebuyers had only three mortgage loan types to consider in earlier times.…
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Real Estate Broker vs. Agent in NYC – What’s the Difference?
People often confuse the terms of real estate broker and agent. While they perform similar functions in the home buying and selling process, they differ. It is worthwhile to know…
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The Co-op Appraisal Process in New York City
Obtaining an appraisal is an essential step in buying a co-op. The lender requires one for purchases and refinancing. So naturally, the financial institution wants to make sure it is…
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Questions to Ask a Buyer’s Agent Before Hiring
For most people, buying a home is among their most important purchases. Buying a home can be an intimidating experience, with many facts and figures and general knowledge to cover.…
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Finding a Building to Call Home in New York City
The city’s skyline is littered with skyscrapers making it natural to associate it with tall buildings. The reality is quite different, however. There are many building types in New York…
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Good Things Come in Small Apartments and Buildings
There’s an adage that good things come in small packages. This applies to real estate, although this counters many people’s beliefs. Many people want the biggest apartment, associating it with…
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New York Estate Taxes: What You Need to Know
The subject of taxes intimidates many people, but the basic concept of estate taxes for real estate is relatively straightforward. Whether buying a home from an estate or selling an…
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