How Rebates On Real Estate Commission Work
Manhattan Miami | Manhattan Blog
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1y ago
Homes for sale in NYC have a bad reputation of costing a fortune for an incredibly small amount of space. Fortunately, buyers can cut down on that expense significantly with something called a buyer rebate ..read more
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What Is The Difference Between Mortgage Assumption And Mortgage Assignment?
Manhattan Miami | Manhattan Blog
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1y ago
Most people who buy a home need a loan to help pay for it, and the type of loan that you get can impact how much money you pay in total for your home. Two options are to get either a mortgage reassignment or mortgage assumption ..read more
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Pre-Listing To Closing Your Home: Here Is How Long It Is Expected To Take
Manhattan Miami | Manhattan Blog
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1y ago
Even in a hot real estate market, the process of listing through the closing on your home can be long and arduous. Knowing what to expect will help you to ensure that the process goes as smoothly as possible from the pre-listing phase all the way through to the closing of the property. Here is a basic timeline helping you to understand what to expect from start to finish as you list your real estate in NYC ..read more
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Attention NYC Buyers And Sellers! What Does The Federal Reserve's Move Mean For You?
Manhattan Miami | Manhattan Blog
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1y ago
Recently, the Federal Reserve increased its rate for target federal funds by a fourth of a percentage from almost zero to stem inflation. There are also plans to implement six additional increases before the year is over, which is causing concern for sellers and buyers of real estate in NYC ..read more
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Top 5 Important Questions To Ask Your New York Mortgage Banker Before It Is Too Late
Manhattan Miami | Manhattan Blog
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1y ago
You are going to want to meet with a mortgage banker before you start the search for homes for sale in NYC. This will help you to gather information so that you can make the best decision for your financial future. Because New York City is such a unique housing market, it is imperative that you do your homework before jumping into the process of buying property ..read more
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What’s the Difference Between Real Estate Taxes & Property Taxes?
Manhattan Miami | Manhattan Blog
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1y ago
More than likely, you think that real estate tax and property tax are the same things. It's just how most people use the terms interchangeably, which causes some confusion. If you own your own home and a boat, car, or another big-ticket item, you should know the difference. While both types of properties are taxed based on the value of the item, how much you actually pay will depend on whether they're classified as real estate taxes or personal property. If you're still unsure about the differences, that's okay because we'll go into more detail below ..read more
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Top NYC Apartments And Townhome Renovation Trends in 2022
Manhattan Miami | Manhattan Blog
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1y ago
Your New York City apartment might have cost you a pretty penny, but you need to maintain it to keep its value up and so that you can fully enjoy it. If you're not sure about the best places to put your money on renovations, take a look at these trends for New York City apartments. A few adjustments can make a big difference, and these ideas work well in a complete remodel, too ..read more
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5 Steps To Buy A Foreclosed Home In NYC
Manhattan Miami | Manhattan Blog
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1y ago
Buying a foreclosure in NYC is one of the best ways to buy a home because they can sell at a great price. Buying a foreclosed home can come with a few extra tricky spots along the road. For one, you'll have to buy the home in "as-is" condition, which means that you might get a house that has some major problems that you have to fix before it's livable. In general, though, a lot of the process is fairly similar to buying a regular house. These are the steps that you should take to buy a foreclosure ..read more
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