Sonja Gosine, Spokesperson at Hauseit®

It’s easy to fail a co-op board interview in NYC if you haven’t taken the time to prepare. Learn the top reasons for failing a coop board interview in New York City.

How to Fail a Co-op Board Interview in NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 25, 2018

It’s easy to fail a co-op board interview in NYC if you haven’t taken the time to prepare. Truth be told, the co-op board interview itself isn’t very difficult. Receiving an interview invitation actually means that the board has already [...]

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Is it Worth Buying a Coop in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / October 25, 2018

Buying a coop in NYC is the most affordable path to home ownership in the Big Apple. This is because co-ops can be up to 40% less expensive than comparable condo apartments. However, the answer to the question of is

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Houses come on the market all year round in NYC although you’ll see more activity in the spring and fall selling seasons.

When Do Houses Come on the Market in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / October 25, 2018

Houses come on the market all year round in NYC although you’ll see more activity in the spring and fall selling seasons. The luxury segment of the market slows down significantly during the late summer and winter months in NYC

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The 421g tax abatement and exemption in NYC explained. History of the 421-g tax incentive and how to calculate and verify the incentive. Projection model.

What Is the 421g Tax Abatement in NYC?

By Sonja Gosine, Spokesperson at Hauseit® / October 24, 2018

The 421g tax abatement was created in the mid 1990’s to incentivize developers to convert old downtown office buildings into residential use as businesses migrated to Midtown. The 421g tax abatement covers Lower Manhattan, meaning most areas south of Murray

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The original 421a tax abatement program in NYC began in 1971 and is named after section 421-a of the New York Property Tax Law.

The 421a Tax Abatement in NYC Explained

By Sonja Gosine, Spokesperson at Hauseit® / October 23, 2018

The original 421a tax abatement program began in 1971 and is named after section 421-a of the New York Property Tax Law. The tax abatement was meant to encourage developers to build multi-family residential buildings, with an emphasis on affordable

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The selling agent commission is the fee that is payable to the agent that brings the buyer for a home sale.

What Is the Selling Agent Commission?

By Sonja Gosine, Spokesperson at Hauseit® / October 22, 2018

The selling agent commission is the fee that is payable to the agent that procures the buyer for a home sale. The selling agent commission is typically 3% of the contract or sale price, and is payable to the buyer’s

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Is it possible to negotiate the listing agent fee or the buyer agent fee? Learn tips and tricks on how to negotiate with a Realtor on commission in NYC.

How to Negotiate with a Realtor on Commission in NYC

By Sonja Gosine, Spokesperson at Hauseit® / October 19, 2018

It’s much better to negotiate the listing agent commission vs the buyer agent commission because buyer agents represent 90% of all home buyers, which means you’ll want their full attention if you want your home to sell. It’s easier to

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How long a NYC apartment has been on the market shouldn’t affect your decision whether to buy a home. There are a number of possible causes for a high day count.

Should You Buy a NYC Apartment That Has Been on the Market Too Long?

By Sonja Gosine, Spokesperson at Hauseit® / October 19, 2018

Despite the perpetual press coverage of bidding wars, the truth is that not all apartments in NYC sell quickly. There are a number of potential reasons why a NYC apartment has been on the market for a long time. Possible

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A buyer agent commission rebate can cover your closing costs and more; however, there are significant drawbacks to be aware of.

Getting a Buyer Agent Commission Rebate Explained

By Sonja Gosine, Spokesperson at Hauseit® / October 18, 2018

A buyer agent commission rebate can cover your closing costs and more; however, there are significant drawbacks to be aware of. If not done right, a rebate can jeopardize your transaction and antagonize the seller, listing agent or both. You’ll

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A post-closing REBNY coop financial statement is a common requirement for co-op board applications in NYC. It shows your assets and liabilities upon closing.

What Is a Post-Closing REBNY Coop Financial Statement?

By Sonja Gosine, Spokesperson at Hauseit® / October 18, 2018

A post-closing REBNY coop financial statement is a common requirement for co-op board applications in NYC. The post-closing financial statement is your pre-closing financial statement with three changes: add your purchase price to real estate under assets, remove the contract

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