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

Overview of various federal and local first time buyers program options in NYC. Lower down payment loan options vs buyer closing credits and assistance.

The Best First Time Buyers Program in NYC

By Sonja Gosine, Spokesperson at Hauseit® / July 3, 2018

There are a plethora of national and local first time buyers program options in NYC. However, most of them are either very hard to qualify for and simply enable you to purchase with a lower down payment. We’ll give you [...]

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Explanation of questions typically asked of a coop's managing agent plus a sample survey questionnaire for cooperative apartment purchases in NYC.

Sample Survey Questionnaire for Cooperative in NYC

By Sonja Gosine, Spokesperson at Hauseit® / June 29, 2018

It’s common for both banks and buyer’s attorneys to request answers to their own survey questionnaire for cooperative purchases from a co op’s managing agent. However, managing agents charge dearly for the answers. The cost of each questionnaire can be

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What to look for when evaluating condo and coop building financial statements. Overview of different sections and due diligence tips before you buy in NYC.

Analyzing Condo and Coop Building Financial Statements in NYC

By Sonja Gosine, Spokesperson at Hauseit® / June 28, 2018

Evaluating condo and coop building financial statements is an extremely important part of the due diligence process before buying an apartment in NYC. You’ll want to confirm that the building’s cash flow from operations is positive, meaning that the building

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Questions to Ask When Buying a Co-op in NYC

By Sonja Gosine, Spokesperson at Hauseit® / June 27, 2018

What are the most important questions to ask when buying a co-op apartment in NYC? Is there a checklist of common questions you should ask before submitting an offer on a coop? In this article, we discuss the most important

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If you're financing a coop apartment purchase in NYC, banks will need a UCC Filing, and more specifically a UCC Financing Statement in order to close.

The UCC Financing Statement for a Coop in NYC

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

Coop apartment buyers who are financing their purchase will need to complete a UCC filing, more specifically a UCC Financing Statement. We'll explain in this article what a co op UCC Financing Statement is, what it looks like and why

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Difference Between a Buyer’s Agent vs Seller’s Agent in NYC

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

A buyer’s agent has a fiduciary duty to and represents the home buyer while a seller’s agent has a fiduciary duty to and represents the home seller. A buyer’s agent will typically work with a seller’s agent on behalf of

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What is the value of your condo or co-op apartment in NYC? Learn how to identify comparable units (comps) and create a CMA pricing analysis of your unit.

How Much Is My Apartment Worth in NYC?

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

Pricing an apartment NYC is more of an art than a science, but there a number of factors to consider when valuing your condo or co-op in NYC. In this article, we explain all the variables you should consider when

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What Does a Real Estate Agent Do for a Buyer in NYC

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

You can find almost any property online, so why do you need a buyer’s agent? What value does a buyer’s agent bring besides offering a free service? We’ll answer the question of what does a real estate agent do for

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You’ve heard both terms used before, sometimes interchangeably. So what’s the difference between a real estate broker vs agent? Is it better to work with a real estate broker vs agent in NYC?

Real Estate Broker vs Agent – What’s the Difference in NYC?

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

You’ve heard both terms used before, sometimes interchangeably. So what’s the difference between a real estate broker vs agent? Is it better to work with a real estate broker vs agent in NYC? Table of Contents: What Is a Real

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We'll challenge commonly accepted advice such as buying investment property in a LLC and go over the tax benefits of real estate investing. We'll discuss the pros and cons of investing in real estate vs the stock market, and also show you how to calculate rental property yields in this article.

The Complete Guide to Buying Investment Property in NYC

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

Buying your first investment property in NYC? We’ll go over the pros and cons of investing in real estate vs the stock market, the tax benefits of real estate investing, how to calculate returns from rental properties and challenge some commonly

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