Conflict of interest is the main issue at stake when one agent represents both the buyer and seller in a real estate transaction in NYC. It is a term known as ‘dual agency’. How do ‘dual agency’ transactions arise...
Category - Buyer’s Guide
Navigate the complex and nuanced world of NYC real estate with Marketproof’s Buyer Guide. We’ll give you everything you need to be your own real estate expert!
From offer to close in NYC: A step by step guide
In New York City, where real estate prices and stakes are high, the closing process is complicated and emotions can flare. Here is a step by step guide to help you keep calm as you navigate from making an offer on a...
NYC Housing Types: single-family, multi-family, condo, and co-op
In NYC, like in many places, there are four main housing types to choose from: single-family, multi-family, condominium, and co-op. Unlike the rest of the country, in NYC each housing type is extremely nuanced with a...
Property Taxes: Condos vs Houses NYC
If you’re weighing up whether to buy a house or a condo in NYC (and by a house we also mean a townhouse as well as a single-family) property taxes will weigh heavily in your decision making. Here’s what you need to...
Real Estate Services You Need to Close: Attorney, Mortgage, Title, Insurance
When you are buying a property in NYC, there are four real estate services you will need: Real estate attorney (contract of sale)Mortgage broker or direct lender (financing)Title insurance (insurance)Home owner’s...
Mortgage broker or direct lender? The advantages of each
Okay, so you’re ready to buy a home. You have your bank statements, tax returns, W2’s, pay stubs and/or a financial statement for your business. You’ve pulled a credit report and feel confident about your approval...
