Anyone who has purchased a co-op apartment in New York City has heard of the Aztech Recognition Agreement (a.k.a Aztec form). It’s required by the bank to get a loan and originals are necessary for the purchase application. However, most co-op owners do not know what it’s for or what it does. An Aztec form […]
Once the offer is accepted and the deal sheet is sent out, there’s still work to be done if you’re buying a co-op. And you probably have plenty of questions: Who exactly is looking at all this data, what are they looking for, and who is responsible for the due diligence at this step? Let’s […]
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 […]
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, […]
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, […]
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 […]
We have all heard of food co-ops and thing they are good but do we know why? and what actually is a food co-op? Wikipedia says: “A food cooperative or food co-op is a food distribution outlet organized as a cooperative, rather than a private or public company. Food cooperatives are usually consumer cooperatives, where the decisions regarding the production and distribution […]
We have shared our thoughts and ideas in the past for sellers staging their homes for an open house (see our blog post 5 Tips on Staging Your Home) but now we’d like to talk about the other side of this process, attending an open house. For first-time home buyers especially this may be a bit […]
When it comes to the home-buying process, a key part of the equation is being ready. A common misstep that people make at the beginning of their search is not being ready with a pre-approval letter, but instead a pre-qualification. A pre-qualification is based on non-verified information provided to the mortgage broker by the applicant […]
Sunday to you may mean brunch. Sunday to me means hitting up open houses around Brooklyn. I can already feel the 2018 sales market heating up and when you’re slated to view 8 apartments in a 3 hour span in 5 different neighborhoods, you have to be strategic in your approach. Enter the open house safe word, […]
