Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
The 2020 Fiscal Year Budget has been adopted and includes significant changes to state Transfer Taxes and the Mansion Tax. So, what is the impact on buyer and sellers in NYC?
Welcome to Part 8 of my ongoing blog series, “Purchasing an Apartment in New York City”. In Part 7 of the series, “The Package Has Been Delivered, The Baby’s in the Crib…” – I prepared you physically and mentally for the several weeks of loss of control and communication while you waited for the waiver of […]
If you are – or know – a homeowner who is considering selling a home this year – even if you/they are leaning toward selling as a FSBO (for sale by owner) – preparation and overall strategy are key, and due diligence regarding important details such as when to list, for how much and, how should not be overlooked […]
Unfortunately, StreetEasy recently announced a change which is likely to jeopardize their relationship with their users (buyers and brokers alike).
Assuming you are financing a portion of your purchase, the bank will play an important role in the success and timing of the overall process. Therefore, it is important to have some insight into the role your mortgage professional and the bank play, and the behind the scenes process of obtaining a loan.
Whether you’ve had the “pleasure” of purchasing an apartment in NYC or not, it seems everyone knows the horrors of putting together a co-op (or even condo) board package. What is asked for in terms of down payment, post closing reserves, debt-to-income ratio and pedigree is the stuff of legend in New York City real […]