Hauseit Blog | Tips for Buying, Selling and Renting in NY and FL

The advantages of investing in NYC real estate vs. stocks include tax benefits, appreciation, diversification, inexpensive leverage and the fact that you have control.

NYC Real Estate vs. Investing in the Stock Market

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

Saving and investing your money in either NYC real estate or the stock market are both prudent ways to build your net worth over time. More often than not, there’s no clear answer to whether it’s worth investing in real [...]

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How should buyers navigate a seller’s market? Should buyers waive contingencies and increase their down payments? Tips for buying in a seller’s market and more.

Buying in a Seller’s Market

By Sonja Gosine, Spokesperson at Hauseit® / November 20, 2018

Buying in a seller’s market requires both patience and discipline. Buyers need to be patient and make offers on multiple properties as they’ll often lose out to competing bidders in a seller’s market. Buyers also need discipline in not becoming

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How to Navigate a Buyer’s Market in NYC?

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

Buyers can be more selective and take their time negotiating in a buyer’s market. Buyers will have more time for due diligence before signing a contract and can often successfully bid below the listing price. Sellers will need to be

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How Long Does a Seller Have to Accept an Offer?

By Sonja Gosine, Spokesperson at Hauseit® / November 16, 2018

There is no time limit for a seller to accept an offer. A seller may respond immediately, after weeks or never at all. Keep in mind that a buyer can withdraw an offer on a house at any time, and

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How are free MLS listing services possible? How are flat fee MLS listings economical for brokers? What are the free listings offered by For Sale By Owner sites?

Do Free MLS Listing Services Exist?

By Sonja Gosine, Spokesperson at Hauseit® / November 15, 2018

No, free MLS listing services do not exist because it is uneconomical for brokers to do so. Even flat fee listings are barely economical given the potential reputational harm and the possibility of fines from the local MLS for late

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A real estate deal sheet in NYC is prepared once there's an accepted offer. It contains the proposed deal terms and contact details of buyer, seller, brokers and lawyers.

How to Prepare a Real Estate Deal Sheet in NYC

By Sonja Gosine, Spokesperson at Hauseit® / November 14, 2018

A real estate deal sheet is typically prepared and circulated once there’s an accepted offer on a property in NYC. The deal sheet itself is a non-binding summary of all the terms of a real estate transaction, such as the

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What are the most common home buying contingencies? Which ones matter? What is a home close contingency? Contingency contract example and more.

Which Home Buying Contingencies Actually Matter?

By Sonja Gosine, Spokesperson at Hauseit® / November 13, 2018

The only home buying contingencies that matter in states like New York where properties are sold as is are the financing contingency and the sale contingency if you need to sell in order to buy. Other typical contingencies for a

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What Is a Contingent Offer on a Home?

By Sonja Gosine, Spokesperson at Hauseit® / November 9, 2018

A contingent offer on a home is an offer that discloses contract contingencies that the buyer wants in advance. Common contract contingencies include the financing contingency and the Hubbard contingency, otherwise known as a sale contingency. Table of Contents: What

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Who Delivers Your Offer to the Seller?

By Sonja Gosine, Spokesperson at Hauseit® / November 8, 2018

Who delivers your offer to the seller depends on whether you have a buyer’s agent or not. If you do, your buyer’s agent should submit your offer on your behalf to the listing agent. If you don’t have a buyer’s

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What’s the difference between a coop foreclosure and a foreclosure on a house or condo? What is the co op foreclosure process? Do you need coop board approval?

A Coop Foreclosure Explained

By Sonja Gosine, Spokesperson at Hauseit® / November 7, 2018

A coop foreclosure happens faster than a traditional foreclosure on a condo or a house because court approval is unnecessary. Furthermore, coop board approval is not necessary for a coop foreclosure which can save months of time. Table of Contents:

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