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.
If you have closed on a mortgage for a primary residence, you can typically rent it out after living in it for at least one year. Most mortgage agreements in the United States include a clause that requires you to… 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
Buyer broker commission rebates are legal in New York, including New York City, and are generally non-taxable income. Therefore, most buyer agents in NYC typically do not issue a 1099 IRS form when providing a buyer broker commission rebate. In the… 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
Squatters’ rights in New York City provide legal protections for individuals who occupy property without permission, granting them some form of tenancy status after 30 days have passed. This means that once squatters have lived on a property for a… Read More
Quick answer: Yes, NYC tap water is safe to drink — it’s unfiltered but rigorously tested, sourced from protected upstate watersheds, and considered among the best municipal water in the country. The real risk isn’t the water leaving the reservoir;… 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
If you’re a landlord, verifying a tenant is a crucial step in selecting a suitable occupant for your property. Here are ten of the best documents you can request to verify a potential tenant’s income. By reviewing these proofs of… Read More
Southbridge Towers in New York City provides excellent value in the heart of Lower Manhattan, featuring appealing prices and low monthly maintenance fees. Conveniently located between the Civic Center and the Financial District, Southbridge Towers comprises 1,650 apartments. They are… Read More
In New York, most landlords require tenants to have renters’ insurance. While this may seem inconvenient, a typical renters’ insurance policy in NYC costs between $150 and $250 per year. This policy protects your belongings, making it a worthwhile investment.… Read More
What does it mean when a town is unincorporated, and what are the pros and cons of living in such a community? Here’s what you need to know before moving to an unincorporated area. If you’re searching for a new… Read More
Detroit has a longstanding stigma with crime in the United States, with violent crime being historically high. However, there are still some neighborhoods located within Motor City that offer a safe atmosphere. Read on to discover the ten safest Neighborhoods… Read More
Seattle is recognized in the United States for its cosmopolitan atmosphere, excellent cuisine, and cultural landmarks. However, it also faces a crime issue, with several neighborhoods experiencing high rates of violent crime. Continue reading to learn about the twelve most… Read More
Modular homes are often more cost-effective, and their construction process usually takes less time compared to traditional homes. The assembly line method of building can result in savings on both labor and materials. However, it’s important to note that some… Read More