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Mortgage Recording Tax: What Is It?

Apr 18, 2023 ,,,,,,,,

When deciding to purchase a co-op, condo, or home in Brooklyn, New York, you can be guaranteed additional fees and taxes will add up. Some of the fees that can be included in your closing cost are the mansion tax, transfer tax, title insurance, and linen tax (for co-ops). You can also be guaranteed a […]

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Is It Helpful To Renovate Before Selling An Apartment in Brooklyn?

Apr 18, 2023 ,,,,,,,,

Suppose you are considering selling your Brooklyn apartment in this never-changing competitive real estate market. In that case, you should renovate or freshen up the space. There are a few factors to think about for your apartment remodel. Keep reading to find out where to draw the line. Is It Helpful To Renovate Before Selling […]

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Understanding Debt-to-Income Ratio for Co-ops in Brooklyn

Apr 18, 2023 ,,,,,,

Before searching for “what Brooklyn neighborhood I should live in,” you may want to consider your debt-to-income ratio or DTI. Buying into a co-op can be great and challenging all at the same time. We did a little research ourselves, so you have an idea of what the debt-to-income ratio for co-ops in Brooklyn looks […]

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