The Nest

NestApple's Real Estate Blog

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.

Deadlines in real estate transaction in New York

A buyer (let’s call her Sally Streetwise) works with her broker to find a property she loves in a beautiful coop and begin her real estate transaction. The brokers work with the buyer and the seller to reach an agreement on purchase price, review… Read More

What is “post closing liquidity” in NYC Co-ops?

In buying an apartment in New York, several concepts are essential to understand. 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… Read More

Land Leases – What NYC Buyers Should Know

Ground leases are relatively common in a New York City commercial real estate lease. Some of New York’s most unique properties, like the Chrysler Building, carry one. While searching for an apartment, buyers sometimes find a listing too good to… Read More

Getting a mortgage pre-approval letter in NYC

Once they have decided to begin buying a home, one of the first things a serious buyer must do is “become preapproved.” How to get preapproved for a mortgage? Is there a way to get a mortgage pre-approval online? Where… Read More

The final home walkthrough checklist in NYC

You finally made it and can see the closing around the corner. You are hours away from getting the keys to your new place. The final home walkthrough in NYC is one of the last steps of the purchase process,… Read More

How to win a bidding war in New York City

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 go to the open house to learn that you are competing… Read More