news, helpful information, comments, videos, and more about the current Real Estate markets of Manhattan & Brooklyn, NY.
Aug 9th, 2021 – Weekly Brooklyn Market Update In Brooklyn, negotiability at the time of the deal is hitting new lows, as supply continues to fade at a faster pace than demand, and pending sales lower a bit from the recent record-high levels.
Looking for the best deal in Manhattan, New York? As an active member of the Real Estate Board of New York, I can help you. Get in touch with me! I will post interesting news, helpful information, comments, videos, and more about the current Real Estate markets of Manhattan, and Brooklyn, NY.
FHA ANNOUNCES NEW SINGLE FAMILY LOAN LIMITS FOR 2021 WASHINGTON – The Federal Housing Administration (FHA) today announced the agency’s new schedule of loan limits for calendar year 2021 for its Single Family Title II forward and Home Equity Conversion (reverse) Mortgage insurance programs. Loan limits for most of the country will increase in the…
WHAT IS A CAP RATE IN REAL ESTATE? – By Kate Crhistensen – REALWEALTH Network
WHAT IS A CAP RATE IN REAL ESTATE? – By Kate Crhistensen – REALWEALTH Network ( https://www.realwealthnetwork.com/learn/what-is-cap-rate-in-real-estate/ 😉 Summary: In this article, you will learn what is cap rate in real estate. Topics include, when to use capitalization rate, how to calculate cap rates, what is considered a good cap rate on investment properties, and why determining…
Consider Both Sides In Land-Lease Deals
Question: I’m currently in the process of buying an apartment in a co-op building that has what’s known as a land lease. The lease won’t expire until 2058, but I know that my mortgage company needed to know when it expired because they would not give me a loan unless there were at least 10 years…
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