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How to Counter a Low Appraisal

How to Counter a Low Appraisal

Sep 18, 2023 ,,,,,,

There’s a reason so many people experience sleepless nights over the appraisal process; whether you’re buying, selling, or refinancing, this specific decision can feel very much out of your control. Yet, so much depends on it.  If the appraisal comes in lower than expected, it can impact everything from the price and financing involved to […]

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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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Unlocking the Secrets to Finding the Right Neighborhoods in Brooklyn

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

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 […]

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Streamlining Real Estate Closings in New York State

Jul 06, 2023 ,,,,,,,

Real estate transactions in certain parts of New York State often encounter hurdles that impede smooth closings. Unlike many other states where real estate agents take the lead in handling transactions, negotiations in New York are primarily managed by attorneys who prepare contracts. This difference in approach often elongates the closing process, which typically lasts […]

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How Interest Rate Hikes are Impacting NYC Real Estate Market

Jun 06, 2023 ,,,,,,,,

The recent decision by the Federal Reserve to increase interest rates for the 10th time, from 5 percent to 5.25 percent, raises important questions about the factors driving this policy shift. What are the reasons behind the Federal Reserve’s decision, and what potentially should New York City (NYC) homebuyers consider in light of this development? […]

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Getting Ready To Buy A House Checklist: Top 8 Considerations

Jun 06, 2023 ,,,,,,

Are you trying to answer the question, “Am I ready to buy a house?” Buying a house is an important milestone with its fair share of challenges and rewards. Determining the right time to make such a significant investment requires careful consideration. Although there isn’t a definitive answer, several factors can help you gauge your […]

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Exploring the Advantages of Adjustable Rate Mortgages: Flexibility and Financial Benefits

Jun 06, 2023 ,,,,,,,,

First, let’s answer the question, “What are Adjustable-Rate Mortgages?”. An ARM is an alternative option to the traditional fixed-rate mortgage. Unlike fixed-rate mortgages, they provide borrowers with the flexibility of a fixed interest rate for a specific number of years, after which the rate and monthly payment can fluctuate. ARM loans are commonly structured in […]

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Water Damage in Your Brooklyn Apartment or Home: Essential Steps for Recovery

Jun 06, 2023 ,,,,,,,,

Water damage in your apartment can be a stressful and overwhelming experience. Brooklyn residents, in particular, are no strangers to the challenges posed by flooding and water damage. As climate change intensifies storms and increases the frequency, water-related issues have become more prevalent. Whether it’s a burst pipe, a leaking roof, or another cause, dealing […]

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Spring Cleaning Tips For Homeowners

May 11, 2023 ,,,,,,,,,,

Spring has sprung, and you know what that means…spring cleaning! It’s time to open those windows, let the fresh air in, and clean out the grime your home collected during winter. It’s a new season, and what better way to start fresh than giving your home a good old cleaning! Keep reading below for a […]

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