Real-Estate

How much cash you need to buy an apartment in NYC depends on whether you are buying a co-op or condo, the size of your mortgage, and your desired down payment amount. As a general rule of thumb, you need to have 21% to 22% of the purchase price in cash to buy a co-op (assuming 20% down) and 22% …

1) Find perfect location and land: Gather information about selected area Explore with land listing agencies Choose a plot according to budget Consider important amenities like proximity to shopping and medical facilities etc. 2) Choose build method: DIY- save around 30-40% on the total price Self managed with subcontractor Main Contractor with Subcontractors Main contractor who manages everything 3) Choose …

Thinking of buying a home in Vancouver, BC? Check out Zolo.ca’s market report on buying a condo or townhouse in Canada in 2018 to find the best places to buy a home. For the market report, Zolo.ca analyzed every neighborhood in Metro Vancouver to identify the best and worst communities to buy a condo or townhouse in 2018. This included …

The Mortgage Recording Tax in NYC is a buyer closing cost levied on all new mortgages funded. The tax ranges from 2.05% to 2.80% and consists of both a New York City and New York State component. The Mortgage Recording Tax is paid by buyers. The Mortgage Recording Tax Does Not Apply to Co-ops The Mortgage Recording Tax in NYC …

After a seemingly endless amount of time an ever increasing number of apartment suites grow like mushrooms. Greater Toronto Area (GTA) is by a long shot the most productive for condominiums in the locale with biggest condominium territories around the downtown, North York, Etobicoke, Scarborough, and Mississauga. This has brought about an extremely adaptable condo manufacturer and engineer scene. To …

Buyer closing costsin NYC are lower for co-ops than condos because co-ops are not considered to be ‘real property.’ Condos have two additional buyer closing costs as a result of being considered real property (like houses and land). These additional closing costs are the NYC & NYS Mortgage Recording Tax as well as Title Insurance. To estimate your buyer closing …

To date, sold data has been used privately in Canada with recent laws changing how it can be used publicly, particularly on real estate web portals. The United States allowed sold home data to be shared online for consumers 10 years ago in 2018. In 2011, both the United Kingdom and Australia voted to publish sold data publicly to consumers. …

Through the years that had passed, one may not be actively looking for a property but admires the developments within big-name developers of real estate. There are different types of buyers when it comes to purchasing properties that are worth the price and feature. To give you some insights, here are some different kinds of real estate buyers and profiling …

A Junior 4 (JR 4) apartment in NYC is a one bedroom apartment with an extra alcove space that can be used as a second sleeping area, formal dining room, office or nook. Junior Four apartments are controversial because there is no widely accepted definition of what constitutes a JR4 apartment in NewYork City. If you are buying or renting …

The phrase ‘legal bedroom’ in NYC real estate is controversial because there are many conflicting definitions and interpretations floating around amongst agents, buyers and sellers. The rules and regulations concerning legal bedrooms in New York City are listed in the New York City Administrative Code as well as the New York State Multiple Dwelling Law. When determining what constitutes a …