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 […]
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 […]
Finding the right apartment or home, especially in Brooklyn, a top location in the NYC real estate market, is an exciting next step in your real estate journey. Once you have made an offer, the seller’s attorney or listing agent will give you a deal sheet or transaction sheet. A deal sheet is a document […]
Happy Women’s History Month! At Realty Collective we find it important to highlight local women owned businesses in Brooklyn. We have a whole blog category dedicated to it. Female owned businesses are an important part of our community and without them we wouldn’t be here, literally, Realty Collective is co-owned by Victoria Alexander, a real […]
Silicon Valley Bank made national news last week with its collapse, prompting the Federal Reserve, Federal Deposit Insurance Corp. and Treasury Department to create an emergency program to backstop all deposits using the Fed’s emergency lending authority. Silicon Valley Bank became the second largest bank failure in U.S. history, and the largest since the 2008 […]
Buying your dream home in the Brooklyn real estate market can be difficult due to increasing interest rates. In addition to that are co-ops, which typically require ample cash reserves on top of the down payment. Depending on the type of property you want to buy, whether apartment or townhome, the closing cost can be […]
New York City is known for its unique and ever-changing interior design trends. As we move through 2023, NYC apartment and townhome owners can stay ahead of the game and keep their homes chic by incorporating some of the top interior design trends. This guide will provide an overview of New York City apartment designs […]
Close your eyes and think about that one window in your dream New York City home with the fantastic view and the winter snow falling. Peaceful, isn’t it? After the snow has fallen, your first thought might be, “who will clean up this snow? I need to get to work. Do I clean up the […]
So you decided to move to New York City or you already found the perfect place. That’s great news! NYC can open so many new opportunities and experiences, just on one little island. Something to know about before you move in is a Certificate of Occupancy or C of O, for short, or CO, for […]
The real estate market in NYC is a dynamic one, with the value of homes and apartments being affected by a number of economic and cultural factors. Let’s take an in-depth look at the 2023 NYC real estate forecast, so you have a great idea of how to navigate your real estate purchases this year. […]
