Purchasing your first home can be a thrilling experience, but it can also come with a variety of costs beyond just the price of the property. Many first-time buyers focus on their down payment and mortgage, but other hidden expenses may catch them off guard. Some of...
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Residential Real Estate
Examples of hidden defects in residential real estate
Purchasing a home presents an exciting opportunity. It may be an investment for the future or a home to raise a family in. Nonetheless, hidden defects in a property can put a real dampener on the purchase. Hidden defects are those that may not be immediately visible,...
Should you buy a fixer-upper in the Bronx?
The dream of homeownership in New York City often comes with a hefty price tag. So it’s not a big surprise when buyers turn to fixer-upper homes in the Bronx as an affordable entry point into the housing market. Before buying a renovation project, though, you need to...
Should you get a home inspection before buying your first home?
If you are buying your first home, then there is one crucial aspect of home buying that you may not want to miss - a home inspection. A home inspection allows you to uncover hidden issues in a home that could potentially lower the value of a home or protect you from a...
Must NY sellers disclose if their houses are (allegedly) haunted?
With Halloween just around the corner, it’s a good time to go visit haunted houses in your area. But while it’s one thing to tour a haunted house for scary fun, it’s quite another to unwillingly share living space with a spectral roommate. If you’re not comfortable...
Real estate hazard disclosures in New York
When someone sells a home in New York, they are required to make certain disclosures under state law. This way, the buyer understands any potential complications with the property. They can factor this in when deciding if repairs need to be made or simply when...
3 contingency clauses you may want when buying a home
Buying a home can be a complex affair but it is important to remain calm and follow the appropriate steps. One of those is to put contingency clauses into the contract before you agree to buy. Contingencies allow you to back out without penalty if specific issues crop...
Should buyers let sellers stay in their new homes after closing?
The real estate market in the Bronx can be relatively competitive. Buyers often need to make certain concessions if they want their offer to stand out from multiple offers on the same property. Many buyers want to take possession of a property as quickly as possible,...
4 mistakes to avoid as a first-time home buyer
Buying your first home can be an exciting milestone, but it can also be overwhelming. Choosing the type of property and its location, working out the budget and dealing with real estate brokers are some challenges you might encounter. Navigating these and other...
Is staging a house before selling worth the effort?
When selling a house, making a strong first impression is important. One effective way to achieve this aim involves staging. When a home is staged, furniture and décor are arranged to highlight what makes a home so wonderful, and ultimately make it more appealing to...