While experience is not a guarantee of results, real estate is a profession whose practitioners predominantly learn from practical experience. Continue reading “What should I ask to my Real Estate Agent?”
New York City has always provided valuable and in-demand real estate among foreign buyers for a number of reasons, not the least of which its prime location as one of the world’s centers for culture, arts, and commerce. Many international buyers, however, may have certain questions regarding a number of areas, from how New York real estate works, to their numerous options. The following is a guide for anyone in this situation, who is considering purchasing real estate in New York despite being a citizen and resident of another country.
Selling New York City real estate can be a very complicated process—just as complicted as purchasing New York City real estate—particularly from the perspective of taxes and exemptions. The following is a list of various potential tax obligations and exemptions that sellers should be aware of, in case any one of these various scenarios apply to them, along with a brief summary of each.
Do you know what are the top benefits and advantages of being the owner of a home, instead of renting? Here are the top 5 benefits of owning your place: Continue reading “Top 5 Benefits of Home Ownership”
Before one begins to search for a home or property in which one wants to invest in New York City, it is crucial to be aware of the requirements placed on non-cash buyers in order to finance a mortgage. Before deciding whether you want to use the services of a broker or mortgage bank, the following guide can help prepare you for what you will be asked to provide. Continue reading “Mortgage Financing Requirements”
When compared to single-family homes, condominiums can offer not only greater flexibility but also affordability. However, before you buy, have a look at some of the pros and cons of New York City Condominiums.
Buying your dream home for a reasonable price can be a bit of a tightrope walk. If you bid too low, you risk losing the property to rival bidders. If you bid too high, you eat up more and more of your budget. Here are a few tips on how to buy the home you want, for a price close to what you’d like to pay.
Deciding whether to buy or rent an apartment in New York City is not a decision that should be made lightly but should rather receive a great deal of consideration. Continue reading “Buying Vs. Renting”
- Create a budget you can stick to. Be realistic. Use past bills, receipts and expenditures to total up monthly expenses for the past six months. This will give you a reliable picture of what you actually spend. Make sure you also include automatically repeating payments (you may not always think about them, but they’re there). Compare the amount you spend with your income and adjust as necessary. Continue reading “7 Simple Steps Towards Ordered Finances”
Moving from one house to another is a huge process, and Packing is one of the most exciting parts of the process, yet stressful! Even more if you are doing it for the first time. So, how to pack up your house to move?