Knowledge is Power: Understanding Amortization and Mortgage Interest Rates
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
You’ve been there. You are at an open house for a first floor apartment staring out the bedroom window estimating the distance to the sidewalk, gauging the noise levels from traffic, and waiting to see if passers by look directly into the apartment as they pass. You whisper under your breath, “I love this apartment, […]
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
I have lived in ground floor apartments in NYC for the last fourteen years. In fact, we recently purchased another apartment on the – wait for it – yes, the first floor. We move in later this month, which means we are committed to first floor living for the foreseeable future – and we love […]
Time for a little holiday levity! I think the following picture* sums it up pretty well. To all of my buyers, sellers, appraisers and tax assessors, a very Happy Holidays! YOUR HOME AS SEEN BY… *credit to @LOFMath for the original image and post
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?
The following article was written by the fine folks at Weidenbaum & Harari, LLP – an excellent real estate law firm in New York City. I have been enthusiastically recommending my buyers and sellers to Barry Weidenbaum for a decade and plan to continue doing so for the next decade to come. This – along with every article on their site – is a great read and worthwhile information for any co-op purchaser, so I thought it would be beneficial to my readers. Thank you Barry and enjoy the article!
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 […]
“America was not built on fear. America was built on courage, on imagination and an unbeatable determination to do the job at hand.” — Harry S. Truman We have a responsibility in this life to care for one another, educate and inform each other, lend a hand when one is needed and do right when […]