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.
Both co-purchasing a co-op and using a guarantor when buying a co-op are viable options for buyers with shaky finances that might not qualify for approval by the co-op board on their own. It’s important to understand that co-purchasers share… Read More
In New York City real estate, the terms “contract deposit” and “down payment” are often confused by first-time buyers and new agents, but they have different meanings. The down payment is the portion of the purchase price that a buyer… Read More
A contract rider in a real estate deal in New York City? Does the rider take precedence over the main purchase contract? In this article, we will cover everything you need to know about contract riders for real estate transactions… Read More
In New York City, the typical real estate commission ranges from 5% to 6% of the sale price. This makes broker commissions the highest closing cost for sellers in the area. While commissions have generally declined in other parts of… Read More
Located in the Midwestern heartland of the United States, Ohio is one of the country’s great cultural centers. With a population of 11,785,935, Ohio is the seventh most populous state and the tenth most densely populated. Ohio also has several… Read More
Recasting a mortgage involves contacting your bank to request a recalculation of your mortgage payments after you have made a significant prepayment on your loan balance, exceeding the required amount. This process incurs no fees. However, you will need to… Read More