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What to Expect — Brooklyn’s Real Estate Trends in 2022

If you’re thinking about moving this year, it’s essential that you understand the upcoming market and its effects on all parties involved — especially after our hot end of 2021. Buyers and renters will feel the effect of increasing demand, and sellers will see sale prices rise but not yet to their pre-covid amounts. Here’s […]

Final Walkthrough vs The Punch List

When you buy new construction, you’re often buying the final product sight unseen. Sure, you’ve seen a model unit or drawings but the reality needs to be a lot more granular. This doc will take you through what’s called a “punch list,” and why you need it for new construction projects. What is a Punch […]

Brooklyn Bridge | New Home Buyer in Windsor Terrace

We might sound like a broken record here, but buying in Brooklyn is an emotional rollercoaster. It’s such a nuanced market that it’s tough to know the ins & outs, plus it’s extraordinarily competitive. This is even truer for self-employed individuals, as it can be difficult to cobble together the financial documentation necessary to get […]

Understand Transfer Taxes – and Their Loopholes

If you’re looking into buying a Brooklyn home, it’s important that you understand all the costs that come up at closing. There are seller’s costs & there are buyer’s costs – and one of the trickiest costs that come up are called transfer taxes. What are transfer taxes? A transfer tax is the tax charged […]

FHA LOANS: Qualifying Your Rental Income to Secure an FHA Loan

So, you’ve purchased a property & you’re collecting rent – now you want to get a FHA home loan. Luckily, there are some guidelines that can help you qualify the rent you collect as income, which can then help you secure the FHA loan.  There are, however, some lengthy rules to determine if your rental […]

Co-Ops vs Condos – Take Our Personality Quiz!

So we’ve gone into full detail about the difference between condos & co-ops, the two most common types of units available in Brooklyn – and even chatted a bit about condo-ops. While there are core differences between the two, it can be hard to choose which one is the right fit for you.  Lucky for […]

New Construction: Is it Right for Me?

New construction is a beautiful thing — literally. But as with everything, there are two sides of the story. Let’s see if new construction in Brooklyn is the right buying choice for you. What is New Construction? This term is used to describe a project that starts from the bottom up. You’re buying a new […]

Yep, You Need a Real Estate Lawyer—Here’s How to Find the Right One

Anyone buying real estate will need, at bare minimum, the help of three people—a mortgage lender, a buyer’s broker, and a real estate attorney. The attorney is the one who’ll prepare and negotiate the details of the contract and make sure your needs are being met and your investment protected. Many people wait until the […]

How to Win a Brooklyn Real Estate Bidding War 

While many New Yorkers are coping with being cooped up by seeking the solitude of upstate or the space of New Jersey or Westchester, there are still plenty of us stubborn enough to never leave. So many of us in fact, that many places with desirable features—an outdoor space, washer/dryer, a water view—are going for […]

Here’s How We’re Rethinking Real Estate During COVID-19

As the country adapts to changes in day-to-day life and new routines, we’re doing the same here at Realty Collective—making conscious choices that prioritize the health and safety of our team and clients while navigating this new normal.  Much of our work goes on as usual—yes, people are still buying, renting, and selling!—but we’ve instituted […]