Luxury Condo Doorman Pet Friendly Elevator In-Unit Washer / Dryer Outdoor Space Dish Washer Gym Parking Sky View Parc Yes 2 rooftop dog parks Yes Yes Private 6-acre rooftop garden w/ BBQs, swimming pool, tennis courts, basketball court, children’s playgrounds Yes Yes Yes The Grand Yes 2 rooftop dog parks Yes Yes Private Read more
Tax deductions are not as straight forward as single family houses or condos. Your best bet is to get guidance from the co-op management company on how to much maintenance you can deduct. Generally the portion that covers the building’s real estate taxes are deductible. Flip tax is guided by Read more
The borrower would want to compensate the family member for lending the money. This interest rate could be a fair rate that is lower than what the traditional banks charge and higher than the Applicable Federal Rate (AFR). A good rate would be “AFR plus 1/2(Bank Rate minus AFR).” Propose Read more
Closing cost estimates for co-op sellers are only for reference. The exact cost to the seller will be different on the closing cost details provided by the seller’s lender and attorney. Pay attention to the broker’s commission and taxes. These closing cost line items are a percentage (%) of the Read more
Closing cost estimates for the seller of condominiums and single family homes are only for reference. The exact cost to the seller will be different on the closing cost details provided by the seller’s lender and attorney. For the Seller of Condos and Single Family Homes Estimated Cost Notes Broker’s Commission Read more
When you buy a home, the money that goes toward a mortgage is building equity in the long run. With a good chance for real estate property to appreciate, the home value may be worth more than the money you put in over the years. Paying off the principal of Read more
Home buyers often get financial help from family and relatives in the form of gift money. The gift amount without being taxed is $15,000 for 2018. Gift money are not loans, and the receiver does not have to pay it back. Banks and mortgage lenders want to make sure all Read more
If it is not too much trouble, some real estate professionals recommend requesting a lender for multiple pre-approval letters with different price ranges. The goal is to use it for negotiating with the seller where your pre-approval letter amount matches your bid amount to make it difficult for the seller Read more
The easiest way to prioritize is to have a list. It will help you understand if a certain home matches with the items on your wishlist. How many bedrooms do you need? Planning to start a family or have elderly parents living with you? Will the home layout provide each Read more
The most that anyone could hope for is an educated guess of where the real estate market sentiment is heading. If anyone could predict the actual future price movements, they would buy all the inventory and keep it for themselves. Real estate agents look at the number of listings month Read more