Most Airbnb rentals are illegal in New York City and have been made so by legislation supported by the combined efforts of the hotel industry and affordable housing advocates. In addition, residents of co-ops, condos and rental buildings oppose the presence on their premises of short-term (less than 30
Shopping for a home can feel like you are on a roller coaster. The longer you look, the more likely you are to find properties that look like they could be a good deal—houses you could turn into a home. The lower the price, the more likely you are looking at a
Each season of the year brings different challenges for homeowners to face. Some of the most common in our area are provided by summer rainstorms. Thunderstorms can be especially dangerous to humans and pets and may cause significant property damage. Rainstorms may result in the loss of electric
Two clients recently asked us to help them purchase an investment apartment in Israel. Liat lives in Israel and wanted to buy a small Jerusalem apartment for her children, which they could flip in a few years to acquire a larger home in a less expensive community. Jonathan wanted to get a
(BPT) Controlling clutter in your home can be a challenge; 48 percent of Americans say their houses are cluttered with stuff they don’t use anymore, according to a survey by ClearVoice Research. Multiple studies have found a cluttered home can negatively affect your mental and
Many years ago, my husband and I moved to Riverdale from Manhattan and purchased a co-op apartment (or, more correctly, stock shares in the co-op corporation that provided us with a proprietary lease that made us tenants of the co-op corporation and permitted us to occupy the apartment). We answered an ad in The New York Times, took the express bus and walked
It’s obvious that buying a home is an expensive endeavor. However, just how expensive, and what makes it so expensive, are two things that often elude the typical first-time home buyer.
Most first-time home buyers find themselves
When underwriting a loan, lenders follow the guidelines of Freddie Mac and Fannie Mae, the largest buyers of mortgage loans and the FHA for government loans. Mortgage professionals know the advantages and disadvantages of each, and now… so will you.
(BPT) Anyone who’s ever bought or sold a home knows how even little things can sway a buyer to feel a particular house is “just right.” While major features such as a good location, a big kitchen, and a certain number of bedrooms and bathrooms all drive a home’s price and how attractive it is to buyers, small
It doesn’t take a lot of money in terms of down payment and closing costs to buy a home. There are many new programs on the market and several ways to structure a mortgage loan. The less you put down, the greater the starting mortgage balance and the larger the payment; therefore, the more in income you need to qualify.
A few months ago, my friend and I agreed to meet at the garden where 29th meets 35th. Sounds like we were meeting in Manhattan to catch a sporting event at Madison Square Garden. Better than that, we were getting together in the center of Jerusalem.
In the beautiful neighborhood of Old