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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 […]

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 […]

What You Need To Know About 2019 Taxes

Tax season is here, and while it’s on many people’s to-do lists, there are some things you should know about filing your 2019 taxes this year. You may remember that when The Tax Cut and Jobs Act was rolled out several years ago, it was a very confusing time for most everyone. The change of […]

See This Artist Family’s Red Hook Home Renovation

Sooner or later, most home buyers learn that even their perfect property isn’t always perfect the day they get the keys. Making a home your own can mean anything from small projects like repainting an accent wall to a complete home renovation. That latter scenario was the case for a family who fell in love […]

Don’t Get Catfished This Valentine’s- 6 Cat-Traps That Snare First-Time Buyers

Don’t Get Cat Fished! Common Mistakes Buyers Should Not Make Having an advocate by your side is an invaluable resource in your Brooklyn real estate search, since it can be easy to miss something when you don’t have a seasoned professional by your side. Even in the Google era, online savvy can’t replace agent experience […]

Inheriting Property and Estate Planning By Gino DiMeo (part one)

With home prices skyrocketing in the Carroll Gardens area over the last couple of decades, estate planning has become a topic of major importance amongst families in the area. Homes that were bought by middle class folks at a relatively reasonable price many years ago are now worth 3 and 4 million dollars. In 2014 […]

Sweeten is Your Free Renovation Matchmaker this Valentine’s Day ❤️

The process of renovating can be complicated and finding the perfect contractor and specialized professionals is important. We’ve been working with Sweeten, the New York renovation experts, for a while now and we always recommend them to clients. They joined us at our “Buying into Brooklyn” crash course for first time home buyers back in […]

Open House Guide For Sellers (Part Two)

Tip #3-Out of the house! You, your dog and your dust bunnies! Clean and Declutter your space and stay away during showings! Leading up to your first open house  we hope that you have started taking steps to clean, declutter and stage your apartment.  Do not wait until the last minute to do a deep clean, […]

What is a sponsor unit? 

What is a sponsor unit?  A special category of apartments in New York City are called “sponsor units.” Basically, a sponsor unit in a condo building is a residence that has been owned by the developer and it’s going up for sale for the first time. Or in the case of a co-op, it is […]