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.
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 patio home, also known as a zero-lot-line home, is a type of single-family residence attached to one or more nearby homes, often featuring a similar architectural style. These homes are individually owned and typically range from one to two… Read More
Both co-purchasing a co-op and using a guarantor when buying a co-op are viable options for buyers with shaky finances that might not qualify for approval by the co-op board on their own. It’s important to understand that co-purchasers share… Read More
In New York City real estate, the terms “contract deposit” and “down payment” are often confused by first-time buyers and new agents, but they have different meanings. The down payment is the portion of the purchase price that a buyer… 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