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.
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Are you facing an urgent housing situation and wondering if you can get immediate access to Section 8 housing? Here’s how to apply for emergency Section 8 assistance and skip the waiting list. The Section 8 Housing Choice Voucher Program… Read More
A special assessment condo charge and a co-op one both fund a capital project the operating budget doesn’t cover, on top of your regular maintenance. Buildings over 6 stories face this often, since facade inspections come due roughly every 5… Read More
When you buy a home with a mortgage, the lender typically requires an appraisal to verify the property’s value. However, in some instances, the lender may offer the homeowner an appraisal waiver, allowing them to skip the in-person appraisal process.… Read More
An appraisal contingency allows a buyer to walk away or renegotiate if a home appraises below the agreed-upon price, since a lender caps its loan at 80% of the appraised value, not the offer price. In NYC, co-ops appraise at… Read More
Online home appraisals can give homeowners and buyers a basic understanding of a property’s value. However, it is advisable to engage a professional appraiser for more precise and legally recognized appraisals, particularly when financing or selling. Let’s review the Top… Read More
A home appraisal in New York City typically runs $500 to $800 for a single-family home — well above the roughly $357 national average. Condos average closer to $625, and co-ops tend to cost more still because of the extra… Read More
The appraisal process is a crucial step in buying, selling, or refinancing a property. The home inspection portion of an appraisal typically takes between 30 minutes and 2 hours to complete. However, the entire appraisal process can take anywhere from… Read More
In New York City, a property listing must be off the market for 90 consecutive days for the “days on the market” count to reset, as per REBNY rules. Nevertheless, specific real estate platforms such as StreetEasy often reset the… Read More
Condo property taxes aren’t automatically lower because a building is smaller. In NYC, the bill depends on classification, valuation, assessment rules, tax rates, and any exemptions or abatements. Buyers should compare the actual current bill and assessment history for each… Read More
Repurposing discarded items with something of higher value adds an element of character and charm to an otherwise dull living space. It creates a home that reflects the owner’s values and personality in an era where sustainability rules; decorating your… Read More
Showering is a time to relax and refresh in our busy lives. But the water we use can have hidden challenges. Many don’t know that unfiltered water contains elements that can affect our cleanliness and overall well-being. As we discuss… Read More
Imagine waking up to the gentle sound of waves lapping against the shore, the sun rising over a serene body of water, and the fresh, crisp air filling your lungs. This is the daily reality for those living in a… Read More
Did you know that 27% of Americans are so stressed they feel like they can’t function? Being a landlord is stressful and adds to the daily worries you already have. If you’re an aspiring or existing landlord, you must carefully… Read More
Investing in rental properties is one of the most proven ways to build wealth from real estate. However, it can seem challenging, especially for those new to real estate investing. Fortunately, with the proper knowledge and strategy, anyone can succeed… Read More
Finding the right neighborhood to call home is a crucial decision for students in New York City. With its diverse communities, vibrant energy, and numerous options, the city offers a wealth of choices. This guide will help you navigate the… Read More
