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.
Simply put, a mortgage contingency clause in NYC real estate ensures the following: Say a buyer wants to buy a home and applies for a loan from a bank. If the buyer fails to obtain a firm commitment for a… Read More
Several concepts are essential to understand when buying an apartment in New York. Calculating Coop post-closing liquidity for a mortgage in NYC is one of them. In summary, it means: after closing, how much money will you have available? It would be… Read More
You finally made it and can see the end in sight. You are hours away from getting the keys to your new place. The final home walkthrough in NYC is one of the last steps in the purchase process, and it serves as the… Read More
NYC’s real estate market is one of the most competitive in the world for home buyers. For example, you think you have found your dream home on StreetEasy and attend the open house only to learn that you are competing… Read More
New development apartments sometimes represent a challenge for buyers. Everything gets brand new, and they often include luxury amenities you can’t find in older buildings. It’s not hard to buy a home. However, buying into a new building development in… Read More
What is a “procuring cause” when buying a home? How to find a broker in NYC? Which agent is entitled to the buyer’s broker commission in NYC? Should a purchaser sign a broker agreement in NYC? We will review the… Read More