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Guarantors Help New York Renters Secure Apartments

When applying for an apartment in New York City it’s a pretty standard request of  landlords that all applicants make an annual earning  of  at least 40 times the rent. If the applicant doesn’t meet that requirement then the applicant can submit an application with the help of a Guarantor. All Guarantors are required to […]

Shortcut to Calculate Approximate Monthly Mortgage Payments

For a while now we have been hosting “Buying into Brooklyn” workshops for first time home buyers with questions. Right by our side has been local loan officer Mark Maimon from Freedom Mortgage and we really can’t say enough nice things about him. He recently shared this shortcut for calculating mortgage payments with us and […]

Gender Gaps in the Real Estate World for Women as Home Buyers

Single women make up at least 15 percent of home buyers, making them the second largest group of buyers in the U.S. real estate market. The largest being married couples.  Also, statistically speaking, single women are likely to default less on their mortgages and tend to make larger down payments; in spite of their lower […]

The Most Common Loan Programs Explained by a Mortgage Expert

If you are thinking of purchasing a home and need to secure a loan you may want to brush up on the different types and which one is best for you at this time. Our good friend and mortgage expert, Mark Maimon of Freedom Mortgage, has made it easy to figure out and analyze each with the […]

Inheriting Property and Estate Planning Part I by Gino DiMeo

With home prices skyrocketing in the Carroll Gardens area over the last couple of decades, estate planning has become a topic of major importance amongst families in the area. Homes that were bought by middle class folks at a relatively reasonable price many years ago are now worth 3 and 4 million dollars. In 2014 […]

A Mortgage Expert Explains Locking in an Interest Rate.

We’d like to share more expert advice from Mark Maimon of Freedom Mortgage. Our regular co-host during our Buying into Brooklyn, he always steers buyers in the right direction and this time he’s written a very informative blog about knowing when to lock in your interest rates. It can certainly be a bit confusing for many and Mark answers […]

Trading up: How To Get the Best Deals In a Buyer’s Market By the Fallon Team

Around the country, housing is scarce and prices are skyrocketing. Unemployment is low, salaries are up, and people keep moving to New York City. So why is the NYC market so slow? Rising interest rates, oversupply in the high-end market and concern about the potential effects of the tax reform bill have left many buyers […]

Streeteasy Raising Rates After New Year.

Many of you may know the story of Streeteasy. It began as a site where agents could post for free and fairly recently started charging. Well, prices are going up again. From $3 daily to $4.50. RC agent Shyda Hoque recently wrote about how this affects herself and other agents. Read below. A year ago I […]

Tips for Year End Tax Planning

Right now we all have shopping lists and recipes on our mind during this holiday season. After the chaos had died down, however, and everyone has their resolutions in order the next thing on many “to do” lists is getting their taxes in order. 2018 is the first year the Tax Cuts and Jobs Act, […]

A Mortgage Expert Explains the Appraisal Process

We work with Mark Maimon of Freedom Mortgage often. He has given expert advice co-hosting our Buying into Brooklyn workshops with us and we want to share something he sent us recently. We get a lot of questions about the appraisal process and Mark has put together a lovely FAQ sheet that will answer all of them. After reading the […]