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The Selling Process: Mentally Preparing To Sell

Jan 30, 2024 ,,,,,,,

The typical seller in the United States lives in their home for 13 years before putting it up for sale—and New Yorkers are even more loyal, with most recent estimates clocking in near 15 years. No matter where you live though, the prospect is daunting. Most potential sellers spend more than six months just thinking […]

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How Much Does It Cost to Sell a Home in Brooklyn?

Jan 30, 2024 ,,,,,,,,

Selling a house is time consuming and expensive — often much more than sellers might expect. When you’re thinking about selling, it’s easy to get excited looking at your Zestimate and seeing how much your home value has increased over the years, but it’s important to be prepared for the hidden, and sometimes overlooked, costs […]

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Buying & Selling at the Same Time: What to Expect

Dec 13, 2023 ,,,,,,,,,

Buying a new home at the same time as you’re selling your old home is all about timing — and some luck, of course. And while you can’t control everything that happens during the complicated buying and selling process, there are some things you can do to set yourself up for smooth closings — maybe […]

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Safeguarding Your Property: Detecting Fraudulent, Expired, or Canceled Certificates of Insurance

Nov 08, 2023 ,,,,,,,,,,,

When it comes to property management and renovations, a genuine and up-to-date Certificate of Insurance (COI) is your safety net. Beyond detecting fraudulent COIs, ensuring that the policy is current and has yet to be canceled or expired is equally crucial. Contractors sometimes acquire a policy for documentation purposes, only to cancel it later. You […]

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Enhancing Indoor Air Quality in Your NYC Apartment

Oct 09, 2023 ,,,,,,,,

The recent return of Canadian wildfire smoke to New York City highlights the importance of maintaining healthy air quality inside your apartment. With more wildfire smoke expected this summer, it’s crucial to take measures to protect yourself and your family from harmful pollutants. Here are five practical ways to enhance the air quality inside your […]

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Contingent Offers vs. All Cash Offers: Which is Better?

Sep 05, 2023 ,,,,,,,,

In the competitive New York City real estate market, sellers often assume that all-cash offers are the safest choice. However, there are situations where mortgage contingent offers may be less risky and even more attractive in the long run. As cash offers surge in popularity, it’s essential for sellers to carefully review potential buyers’ financials […]

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What is a REBNY Financial Statement and Why is it Important?

Sep 05, 2023 ,,,,,,,,,

When buying a co-op apartment in NYC, the REBNY Financial Statement is a crucial document that sellers and listing agents use to assess the financial strength of potential buyers. This ‘balance sheet’ summarizes a buyer’s assets, liabilities, monthly income, and projected expenses. It helps determine if the buyer meets the co-op’s strict financial requirements during […]

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5 Tips for Dealing with Your Neighbors’ Odors in Your Apartment

Sep 05, 2023 ,,,,,,,,

Unwanted odors from neighboring apartments can be an irritating problem for many apartment dwellers. Whether it’s cigarette smoke, incense, or cooking smells, finding ways to block out these odors can significantly improve your living environment. While it’s challenging to eliminate such odors completely, there are several steps you can take to mitigate the issue and […]

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NYC Sellers: Making a Move Out Plan

Jul 31, 2023 ,,,,,,,,

Imagine this: you went through the whole process of renovating your home, listing it, finding the right buyers, and moving through the deal process. Closing day approaches faster than you expected, and all of a sudden you realize, Holy cow! I have to move! That’s why we tell all of our sellers to create a […]

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Understanding Mortgage Rate Locks

Jul 06, 2023 ,,,,,,

When it comes to getting a mortgage loan, one important term you should be familiar with is “rate lock” or “lock-in.” A rate lock means that your interest rate remains fixed from the time you receive the offer until the closing of your loan as long as you meet certain conditions. There are no changes […]

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