Buy or rent a condo in NYC? It’s hard for many people to understand why that’s even a choice. The dream of home ownership is woven into the fabric of American culture. It’s the number one source of wealth...
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.
The guide covers fundamental of real estate such as what common charges and conforming loans are. It helps buyers understand the fees they can expect to pay when buying a home and how to negotiate, too.
Buying a new condo: What to ask on the first tour?
A shiny new condo building in NYC has a lot of appeal. It’s a chance to separate yourself from the chaotic, congested streets outside. A cosy cocoon in a pristine, air conditioned building with the type of amenities you...
Going into Contract: Here’s what you need to know
Definition of ‘Contract of Sale’ A real estate ‘Contract of Sale’ is also known as a ‘Purchase And Sales Agreement’. It serves as a legally binding agreement between two parties — usually the buyer and seller—...
Closing costs: Additional costs to be aware of when financing a purchase
Hundreds and sometimes thousands of dollars in closing fees are thrown around like confetti when buying a home in NYC. Of course, there are the big-ticket items such as a broker’s commission and mortgage transfer taxes...
What Is The Difference Between A Property Title And A Property Deed?
Most people think a deed and title mean the same thing. However, it’s important you know the difference if you are about to enter into a real estate transaction. A Property Deed The easy way to know the distinction is...
Title Insurance: What is it exactly and how does it work?
What is title search and title insurance? Both a title search and title insurance are important steps when buying a property. A title search looks at the current owner as well as all owners back to when the property was...