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Protecting Yourself from New York City Rental Listing Scams

As a potential renter in the bustling borough of Brooklyn, New York, it’s essential to be well-informed and vigilant when searching for your next apartment. There’s no shortage of incredible rental opportunities in a city as diverse and dynamic as New York. However, alongside the legitimate listings, there are also unscrupulous individuals looking to exploit […]

Women-Owned Business Series: Erica from Literie Candle

Welcome back to our Women-Owned Business Series! This time, we’re happy to feature Erica from Literie Candle! Ever stroll down the streets of Manhattan and wish you could bottle up the smell from the roasted nut carts? Well, with Literie Candle, you can! Read on to learn about Literie Candle and its unforgettable scents! First, […]

Women-Owned Business Series: Andrea from Risen Division

Welcome back to our Women-Owned Business Series! We are excited to feature fellow Red Hooker, Andrea Lauer from RISEN DIVISION! Andrea loves paying attention to the most subtle of details to create an inspired and unique jumpsuit design, each hand-crafted in NYC. Read on to learn about her journey and all about her niche fashion […]

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

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 […]

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

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 […]

Your Base Guide to Rental Flood Disclosure Addendums

Suppose you’ve recently signed a lease in New York City. You may have noticed a new document or addendum regarding rental flood disclosure in that case. Thanks to a law signed by Governor Kathy Hochul last year, landlords must now provide this information to renters for all leases and renewals signed after June 21st. This […]

Unlocking the Secrets to Finding the Right Neighborhoods in Brooklyn

When it comes to buying a property, the significance of the neighborhood cannot be underestimated. Choosing the right area goes beyond just finding a house; it profoundly impacts your quality of life, property value, and overall satisfaction with your investment. Conducting thorough research on the neighborhoods in Brooklyn is essential to ensure a successful home […]

NYC Sellers: Making a Move Out Plan

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 […]

Understanding Mortgage Rate Locks

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 […]

Understanding Land Lease Buildings in NYC: Risks, Opportunities, and Due Diligence

Land lease buildings in New York City offer unique opportunities for savvy buyers, as they typically trade at a discounted price due to the uncertainties associated with lease renewals. Understanding the implications when a land lease expires is crucial for buyers, and working with an experienced buyer’s agent can provide valuable insights into this matter. […]