Let’s talk tax abatements in New York City. It may not be the most exciting topic, but it’s important to understand how it affects the housing market and buyers like you. Basically, a tax abatement is a break on property taxes for buildings or apartments. It sounds simple, but in reality, it’s a bit […]
Real estate is filled with (some might say riddled with) its own terminology — much of which can be confusing for the first-time buyer. And even if you’ve bought elsewhere, buying in New York City means learning about all kinds of arcane and wacky processes you may never have encountered. One of these is the […]
So, you’ve finally found the perfect co-op apartment and you’re ready to secure a mortgage to make it yours. But now you’ve hit a roadblock: your bank is asking for a co-op questionnaire to be filled out, and you’re left with a few worrisome questions. Does this mean the bank hasn’t approved things yet? Why […]
