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RENTING IN NEW YORK CITY

RENTING IN NEW YORK CITY

Renting in New York is unlike most other areas in the world! Primarily because the rental process itself is not standardized. Meaning, the requirements will vary slightly from landlord to landlord. Below is the step-by-step, easy to follow outline of the entire...

NEW YORK CITY –A FEW TERMINOLOGY TO KNOW

NEW YORK CITY –A FEW TERMINOLOGY TO KNOW

TYPES OF BUILDINGSBROWNSTONES OR TOWNHOUSES These are typically 4 to 6 story buildings built in the 1800's through the early 1900's. They are either single family houses or have been converted over the years into multiple apartments. As a single-family home, a...

THE RIGHT PRICE—Things to consider when pricing your home

THE RIGHT PRICE—Things to consider when pricing your home

THERE ARE 4 KEYS TO PRICING: TIMING, LOCATION, CONDITION, COMPETITION (TLCC)TIMING You have often heard, timing is everything—it’s true. When you put your home on the market and how long it stays on the market will impact its sale price. You will not truly know the...

LIVING IN NEW YORK CITY—A PRIVILEGE?

LIVING IN NEW YORK CITY—A PRIVILEGE?

Living in one of the most desirable cities, New York City, is increasingly becoming more of a privilege and access to this privilege requires homeowners to pay BIG TIME—in the BIG APPLE. Known for its skyscrapers and for its rapid rise in newly built developments, NYC...

UNDERSTANDING NEW YORK CITY HOUSING MARKET

UNDERSTANDING NEW YORK CITY HOUSING MARKET

UNDERSTANDING NEW YORK CITY HOUSING MARKETThe New York City housing market consist primarily of three types of homes. Cooperatives, Condominiums, and Townhouses. Cooperatives has the largest portion of the market, accounting for approximately 75% of all homes....

FINANCING THE PURCHASE OF A HOME

FINANCING THE PURCHASE OF A HOME

FINANCING THE PURCHASE OF A HOMEUnless you are planning on doing an all cash deal, you will need to obtain financing to purchase your home. Your current income and projected future earnings, assets and credit will impact your ability to obtain a mortgage. GET...