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.
Being part of a condo or co-op means buying a home that is part of a community. However, how much of a neighborhood can vary from place to place. Certain things are a natural part of buying a unit, regardless of which… Read More
Are you considering buying a co-op in NYC? Make sure you’re ready to file a UCC-1 financing statement. In this article, we’ll explain what a co-op UCC Financing Statement is. We will describe what it looks like and why banks… Read More
Renting an apartment in NYC has a lot of perks. Renting offers flexibility, cost savings, and a low-maintenance lifestyle compared to buying a home. However, there’s one significant drawback to renting vs. buying. It’s tough to personalize a rental. To… Read More
The NYC Mortgage Recording Tax (MRT), a.k a. Mortgage Tax in NYC, equals 1.8% for loans below $500k and 1.925% for mortgages over $500k. As a result, the MRT is the highest buyer closing cost in NYC. Authorities calculate the… Read More