Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.
Moving anywhere is stressful, but relocating in Knoxville, TN, comes with its own local quirks. From steep driveways to unpredictable weather, overlooking these details can turn an already hectic process into a real headache. Below are five common mistakes people… Read More
Every year, some version of the same story gets shared thousands of times online. A college student quits school, builds a company in a garage, and eventually becomes a billionaire. Bill Gates. Mark Zuckerberg. Steve Jobs. The names are familiar,… Read More
In NYC real estate, a protected buyer list includes names of buyers on whom your listing agent can still earn a commission after the original listing agreement expires. This list is also known as a protection clause, safety clause, or… Read More
If you’re purchasing an apartment in New York City, you’ll probably need to include an Assumption of Alteration Agreement in your co-op board application. What is this document, and why is it required? An Assumption of Alteration Agreement means the… Read More
Whether you are purchasing or selling a cooperative apartment in New York City, it is evident that no party benefits when a board rejects a proposal. The reality of cooperative housing in NYC is that securing board approval is predominantly… Read More
A contract rider in a real estate deal in New York City? Does the rider take precedence over the main purchase contract? In this article, we will cover everything you need to know about contract riders for real estate transactions… Read More
What is a Letter of Intent in commercial real estate sales and leasing? Is a Letter of Intent binding? What terms and conditions are typically discussed? In this guide, we will clarify everything you need to know about Letters of… Read More
A typical NYC co-op board application requires applicants to submit three to six letters of personal and professional reference. It’s essential to request the Board Package Reference Letter as soon as you have a fully executed purchase contract. To be… Read More
A co-op lien search, also known as a cooperative apartment lien search, is typically ordered by the buyer’s attorney after a purchase contract has been signed. The seller must typically resolve any outstanding liens against the seller or the co-op… Read More
A gift letter is often necessary when submitting an offer for a co-op apartment in New York City. While not all listing agents require a gift letter as part of the offer documentation, it’s wise to prepare one in advance. This is… Read More
Just over 44 million American households are renters. That means there are always millions of people looking for new rental properties and millions of opportunities for new property investors. If you’re considering investing in property, now’s a good time. One crucial… Read More
Ground leases are relatively common in New York City commercial real estate leases. Some of New York’s most unique properties, like the Chrysler Building, carry one. While searching for an apartment, buyers sometimes find a listing too good to be… Read More
Read our guide if you’ve ever considered buying or selling a home using a rent-to-own agreement or programs in NYC. Rent-to-own homes and apartments remain relatively rare in NYC due to co-ops and banks’ strict financial requirements around debt-to-income ratios… Read More
Buying a home in New York City involves more than just the contract price. Buyer closing costs can add tens of thousands of dollars to the total cash required, especially for condo and townhouse purchases made with financing. Understanding these… Read More
Quick answer: “For Sale By Owner” (FSBO) means the homeowner is selling directly, without a listing agent — which can mean real savings, since there’s no listing commission baked into the price. It does not mean you should skip your… Read More
