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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Let’s face it: coop board interviews in New York remain stressful and intrusive. However, they exist for a reason. They live so that the current building residents can collectively decide whether applicants buy or rent an apartment in their building.… Read More
House hunting in NYC works best when you narrow the search fast: pick two or three neighbourhoods, set StreetEasy alerts, and judge the building before the apartment. At every showing, read the financials and the board minutes, and treat the… Read More
Quick answer: In New York, a landlord has exactly 14 days after you move out to either return your security deposit in full or send an itemized list of deductions — not a vague “reasonable time,” a hard deadline. Miss… Read More
In New York City real estate, having a guarantor for an apartment is quickly becoming the norm. Most transplants to the city first learn about them when they realize they don’t meet the income requirements for an apartment in the… Read More
We determine if you can afford a home in NYC by deciding where you want to buy. Then, you figure out what mortgage you’ll qualify for. Here’s what you’ll need to know about the NYC real estate market. This works… Read More
Experiencing an eviction can be a significant challenge. In several states, an eviction can stay on your record for up to seven years, seriously affecting your credit score and making it difficult to find suitable housing. You can continue reading… Read More
California is the most populous state in the country by a wide margin — and after two straight years of decline during the pandemic, its population is growing again. The state added roughly 108,000 residents in 2024 alone, reaching about… Read More
If you plan on buying a home in New York, there’s a good chance you’ll be paying a mansion tax, as this tax applies to all homes selling for over $1 million in the state. In 2019, authorities introduced a… Read More
The real estate agent commission in NJ averages about 5.2% of the sale price, split between the listing and buyer sides. The seller pays it. No rate is set by law, so it’s negotiable, and a New Jersey buyer can… Read More
The final walk-through is essential to the home-buying process just before closing the real estate transaction. This is the buyer’s chance to confirm that the property meets the agreed-upon condition and that any repairs or alterations promised by the seller… Read More
Once they have decided to begin buying a home, one of the first things a serious buyer must do is “become preapproved.” How do you get preapproved for a mortgage? Is there a way to get a mortgage pre-approval online?… Read More
Do you need a limited liability company (LLC) for a rental property in New York City? This blog will analyze the benefits of establishing an LLC in NYC real estate. We will go over the common issues about this ownership… Read More
On most home sales, the seller pays the buyer’s agent commission out of the sale price. That did not change with the 2024 rules. What has changed is that the seller now offers it directly in writing, rather than through… Read More
Given the numerous mortgage options, financing a new house can be challenging. One option worth understanding is an assumable mortgage, where the buyer takes over the seller’s existing loan — interest rate, remaining balance, and all. With today’s rates well… Read More
As a resident or property owner in NYC, you’ve likely noticed that everything is much more expensive than in other parts of the country, especially all the different taxes. So, it’s essential to know about any potential tax benefits you… Read More
