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 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
When purchasing a property in NYC, you might want to submit a verbal offer. However, it’s essential to resist this temptation. Verbal offers in NYC are rarely taken seriously, as they can weaken your negotiating position and ultimately decrease your… 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
In this article, we will provide an overview of the most important questions to ask your real estate attorney in New York City. By reviewing the following list of questions, you will learn how to interview a real estate lawyer… 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
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