A house makes a good investment towards building equity. At the same time when you are ready to sell your home, there is no capital gains tax on any net profit less than $250,000 per individual (and up to $500,000 per married couple). That means an individual is saving about Read more…
These condominium buyer’s closing cost estimates provide an idea of how much additional funds are needed at the actual closing. The buyer’s attorney will provide a worksheet with numbers closer to the actual cost prior to the closing of the condominium unit. Learn how a buyer rebate can help offset 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…
Sometimes coming up with the down payment or getting a loan is not easy. If you have a lot of credibility with your friends and family, then you can work something out with them. For example, it is possible to buy a house with a relative who can help you Read more…
Imagining where your home will be built by the developer does not have to be as difficult as it appears when choosing a square on a development map. Select the higher grounds away from the bottom of the hill to avoid flooding possibilities. Take the time to walk through the Read more…
START THE BUYER REBATE PROCESS EARLY Contacting us before you sign any contracts will allow us to work with you through the process of obtaining a buyer rebate for your home purchase. In fact, the earlier the better because we are a full service real estate brokerage that can help Read more…
FSBO listings are created directly by Flushing home owners that are not working with a listing broker. These home owners may not necessarily pay out a commission at the closing. As a result, a home buyer rebate may not be available with a Flushing FSBO.
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…
Your agent, who will be guiding you through the buyer rebate on your home purchase, should also be able to recommend real estate attorneys that they have worked with. Request someone who is responsive with returning calls, responding to emails, and meeting deadlines. In general, the real estate attorney will Read more…
Co-ops target home buyers who intend to live in their co-op purchase as a primary residence. Buying a co-op requires a board package of 2-3 years of tax returns, references, and a board interview because co-op boards look for potential like-minded shareholders who buy into the co-op community. These become Read more…