NYC Real Estate Trends and Patterns
Those considering purchasing New York real estate as an investment property or a family home should consider these patterns and trends before selecting the right property. As of the summer and…
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What Does Contingent Mean in Real Estate?
For anyone looking to buy a home, there are many terms you’ll need to familiarize yourself with. One of these terms is “contingent,” You may see it on many real…
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What are the Tax Benefits of Buying a Home in NYC?
Becoming an NYC homeowner comes with many perks, not the least of which are tax benefits you can enjoy from certain deductions associated with property tax, mortgage interest, and many…
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What is an Appraisal Gap Clause?
When negotiating a property purchase, it’s tough to know what a home is truly worth until it has been appraised. If the home’s value is less than the offer price,…
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Tips For Negotiating After a Home Inspection
Homebuyers always want to pay as little as possible for their home purchase; the time to do this is during price negotiations. Most buyers assume once the price is agreed…
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What is a Co-op Sponsor Unit, and Should I Buy One?
When looking through co-op listings in NYC, you may encounter the phrase “sponsor unit” repeatedly. These elusive homes are scarce and highly desired due to the many advantages of buying…
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Do Home Inspections Kill Deals?
As a seller, the minute you and a buyer come to an accepted offer, you see the dollar signs dancing. Does this person want to buy my home for a…
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Considerations Before Buying in an Older NYC Building
You may love the history and architectural details of an older co-op or condo building and feel newer buildings do not have the same features. These nuances might include parquet…
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Offers to Buy a Townhouse in New York City
In NYC, most prospective home buyers tend to focus on co-ops and condo apartments. But another housing type tends to attract buyers looking for something different from the typical high-rise…
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Closing on a Home Remotely: Everything You Need to Know
For the longest time, the standard practice for closings in the real estate industry has been for all parties to physically meet in person, usually at an attorney’s office, where…
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