Mortgage loan programs: there are a few options. It will help you to understand these home loan programs. Before securing a mortgage loan, you should consider the types and understand how they work. Fixed-Rate Mortgage Types This is the granddaddy of them all. Now you can choose from 10-year, 15-year, 20-year, 30-year, 40-year and … [Read more...] about Popular Types of Mortgage Loan Programs
Apartment
Negotiation Tips – How to Settle an Offer
Write a Fresh and Good Offer This negotiation tip is more difficult than it appears. Sometimes owners don't completely understand so ask your broker to assist in this process. Don't leave out any essential factors or provide the owner with the need to secure a back up offer. Attempt to make this seemless for the owner. •Verify the deal is … [Read more...] about Negotiation Tips – How to Settle an Offer
Real Estate 1031 Exchange in New York
If you own an investment property and you are looking to sell that property and use the proceeds to invest in another, then you maybe able to defer any capital gains on the sale of the original property. This process is called a 1031 Exchange. You don't have to pay capital gains taxes on the sale of property if you plan to identify a replacement … [Read more...] about Real Estate 1031 Exchange in New York
New condo prices vs. Existing Condo prices
A lot of buyers love new constructions and new condo conversions, because they are brand new, luxurious and have many amenities such as a swimming pool, sauna, health club, lounge, game room and beautifully landscaped rooftop deck and so on. In addition, some buildings even have rock climbing walls and golf range simulators. The Manhattan condo … [Read more...] about New condo prices vs. Existing Condo prices
