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.
Dear sellers, while we hope you are sitting on a big profit and lots of gains on your equity, you may be surprised at how much you will net after closings costs and taxes. What are the closing costs for… Read More
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 that buyer fails to obtain a firm commitment for a… Read More
What is an acceptable offer on a property? How do you accept an offer on a home? What happens after your offer is accepted on a home? They accepted my offer on a co-op in NYC. Relying on your broker,… Read More
This post will teach you how to execute a 1031 exchange in N.Y. A 1031 exchange, a “Like-Kind” exchange, or a “Starker Exchange” is a formidable tax-deferment strategy savvy real estate investors use in real estate dealings. Therefore, if you… Read More
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
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