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.
Government programs do not directly insure conventional mortgage loans. Typically, these loans conform to specific requirements set by Fannie Mae or Freddie Mac. These government-sponsored enterprises purchase mortgages from lenders and sell them to investors, freeing up funds for lenders… Read More
Are you interested in expanding your financial portfolio and building your nest egg by getting into real estate? Invest in real estate. Purchasing a vacation rental investment property is an intelligent strategy. Therefore, if you choose a booming market, you… Read More
Is it worth buying a coop in NYC? Buying a coop in NYC can be tricky. It takes longer and requires more steps than buying a condo, so it’s advisable to plan. Here’s what you need to know. Co-op apartments… Read More
Guest Blog Post by Matt Lee. Many home sellers get caught scrambling to make significant upgrades before listing their homes to boost the selling price. While major renovations, like flooring, roofing, and HVAC systems, are essential elements to have squared… 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
New Yorkers often struggle to get the downpayment when buying a property in New York City. Getting a mortgage isn’t easy. Many options help people get to ownership of an NYC home. The two most significant concerns buyers face when getting… Read More