Buying in NYC Archives - Page 20 of 39

Is Buying a House Worth It?

By Sonja Gosine, Spokesperson at Hauseit® / March 6, 2019

Buying a house is worth it if you have enough savings for a down payment plus closing costs, and rates are low enough such that your all in housing expenses are roughly the same or less than what you’re paying [...]

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The complete guide to real estate’s various titles and license types. We’ll explain the difference between broker vs Realtor vs agent and more.

Broker vs Realtor – What’s the Difference?

By Sonja Gosine, Spokesperson at Hauseit® / March 6, 2019

A Realtor is always a broker1 or agent because being licensed is a requirement for being a Realtor, but a broker may not always be a Realtor. That’s because Realtor is a trademarked, made up title used by real estate

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A first time condo buyer in NYC faces many challenges. Square footage isn’t measured uniformly, nor are property taxes. You can get the buyer agent commission.

Tips for a First Time Condo Buyer in NYC

By Sonja Gosine, Spokesperson at Hauseit® / February 27, 2019

Buying a condo in NYC may seem easy, but a first time condo buyer in NYC faces many challenges and pitfalls that can be extremely costly down the road. For example, did you know that both property tax figures and

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Sample Co-op Tax Deduction Letter

By Sonja Gosine, Spokesperson at Hauseit® / February 22, 2019

Co-op owners in NYC (also known as shareholders) typically receive an annual co-op tax deduction letter in the mail each year which specifies how much of a tax deduction each owner can take on their personal income tax returns. This

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How to Find an Apartment in NYC

By Sonja Gosine, Spokesperson at Hauseit® / February 18, 2019

Finding an apartment to buy is easier than finding an apartment to rent in NYC because listings are exclusively listed by the seller’s representative, whereas the rental market is rife with multiple open listings by many brokers marketing the same

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A rent roll in NYC real estate is a summary of a property’s rental income streams. A rent roll also shows net operating income, the cap rate and maturity dates.

What Is a Rent Roll in NYC Real Estate?

By Sonja Gosine, Spokesperson at Hauseit® / February 18, 2019

A rent roll in NYC real estate is a summary of a property’s rental income streams. The purpose of a rent roll is to help a prospective buyer calculate various real estate valuation metrics, such as the Net Operating Income

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Buying a townhome in NYC means no board approval or interviews, no application and move-in fees. Lower monthly charges. Difficulties with property tax disputes.

The Complete Guide to Buying a Townhome in NYC

By Sonja Gosine, Spokesperson at Hauseit® / February 11, 2019

Buying a townhome in NYC means total privacy and freedom from nosy neighbors and even nosier condo or co-op boards. You won’t have to get approval to buy or sell, you won’t have to pay silly fees to the board

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Co-op Square Footage in NYC

By Sonja Gosine, Spokesperson at Hauseit® / February 7, 2019

Co-op square footage in NYC is a controversial topic for buyers, sellers and brokers. This is because the vast majority of co-op apartments for sale do not have official square footage figures listed in the building’s original offering plan. Because

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The cost of gut renovating a typical bathroom in NYC is between $20,000 to $50,000. A bathroom gut renovation is a stressful and time-consuming project.

How to Renovate a Bathroom in NYC

By Sonja Gosine, Spokesperson at Hauseit® / January 31, 2019

The cost of gut renovating a typical bathroom in NYC is between $20,000 to $50,000. A bathroom gut renovation is a stressful and time-consuming project. To make matters worse, there isn’t always a correlation between how much you pay a

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A Letter of No Objection in NYC is used to verify the legal use of a property built before January 1st, 1938 which does not have a DOB Certificate of Occupancy.

What Is a Letter of No Objection in NYC Real Estate?

By Sonja Gosine, Spokesperson at Hauseit® / January 30, 2019

A Letter of No Objection in NYC is used to verify the legal use of a building constructed before January 1st, 1938 which does not have a Certificate of Occupancy on file with the DOB. Properties built in NYC prior

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