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.
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
Mitchell-Lama apartments are part of New York State’s affordable housing program for real estate. This program allows residents to live in well-maintained buildings with below-market rents or to purchase cooperative apartments at prices that are below the market rate. Currently,… Read More
Earnest money is a deposit the buyer makes to show their genuine intent to purchase a property. It demonstrates to the seller that the buyer is serious about their offer. If you have found your dream home and want to… Read More
Have you considered using your home’s equity to finance a significant project or pay off some debt? If so, you’re not alone. Many homeowners believe borrowing against the value of their homes to handle substantial expenses. Home equity can seem… 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
Several factors should be considered when deciding whether to take out a mortgage loan. However, the most important thing is to consider your purchase a long-term commitment and that you’ll live with this decision for quite some time. Some key… Read More