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How will the Recent Bank Collapses Affect Your Mortgage Interest Rate?

How will the Recent Bank Collapses Affect Your Mortgage Interest Rate?

Mar 21, 2023 ,,,,,,,,

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 […]

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5 Creative Solutions To Reduce Your Brooklyn Closing Costs When Buying A Home

Feb 22, 2023 ,,,,,,,

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 […]

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What You Need To Know About A Certificate Of Occupancy in NYC

Jan 19, 2023 ,,,,,,,,,,,

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 […]

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Real Estate Market in NYC: What to Expect in 2023

Jan 19, 2023 ,,,,,,,,,,,,

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. […]

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6 Reasons the Building You Want to Buy in Might Not Be Approved by Your Bank

Jan 19, 2023 ,,,,

Did you know even if you are a well-qualified owner with a good credit score and money in the bank, your mortgage applications can be denied or delayed because of issues with the building?  In this article, we are going to tell you 6 ways your mortgage applications can be affected by your building, including […]

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How Much of a Monthly Home Payment Can I Afford?

Nov 08, 2022 ,,,,,,,,

We all know that housing prices have risen significantly over the past few years. And many of us have taken on higher monthly payments already. If you’re thinking of moving soon, it can be tricky to decide just how much you can comfortably afford. And that’s true whether you’re renting or buying a home. Hint: […]

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The Process of Purchasing New Construction: Steps One and Two

Nov 08, 2022 ,,,,,,,,

Buying new construction in Brooklyn is complex but completely doable. We help people succeed in this task every day. One of the best resources you can have is an agent who can help you learn the ins and outs (and special considerations) of new construction — especially when it comes to financing. In the meantime, […]

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11 Tips to Ace Your Upcoming Board Interview

Nov 08, 2022 ,,,,,,,,,,

  Congratulations! You’ve been invited to a board interview for your dream home. A standard part of the board application process, this is a way for them to to learn more about you —and your family if applicable— to make sure you’d be a good fit in their building. Even though the interview is a […]

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Buying New Construction: Punch List Creation

Sep 29, 2022 ,,,,,,,,

There are many benefits to purchasing a unit in new construction. You are moving into a never before lived-in apartment with all the latest and most fabulous finishes and appliances. However, you still need to scrutinize the condo. You are bound to find issues that you will want to take care of before moving in, […]

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New Development Closing Costs in NYC

Sep 29, 2022 ,,,,,,,,

If you are buying in a new development or a conversion, watch out – the new development closing costs NYC buyers pay can be significantly higher than buying other existing apartments in the city. Most buyers don’t know that there are additional points to be negotiated. It’s like Vegas, if you fail to ask for […]

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