It is important to have insurance for the REPLACEMENT cost of your home and belongings. There are no "cookie cutter" polices since every individual policy is unique. You should consult with a couple of insurance companies and work with the one you feel most comfortable with.... more
Hello Gloria, are you looking to buy as an investment or live-in? That is huge because it can narrow the search down significantly. I have some questions to better answer yours. Email me at firstname.lastname@example.org.
It may be by mistake or it may be a marketing trick by a listing agent, since condos are more popular and their price is in general 35-40% higher.
To make sure the apartment is a condo, you should see 2 separate monthly charges there in the listing, common charges and real estate tax. Coops only have maintenance charge.
You can also ask your agent to verify all the info. This is what we are for. Would be glad to help you in your search.
646 593 7297
According to the 1Q2013 report by Real Estate Board of New York, average condominium price in East Village was $1,713/ PSF in 1Q13 and $1,730/ PSF in 4Q12.
Average Coop prices in East Village were $763/PSF in 1Q13 and $869/PSF in 4Q12.
Contact me if you would like a full report or need any help finding the right property in the East Village or any other area of Manhattan.
646 593 7207
The IRS lets you write off the property taxes on your second home. However, the way that you use your second home will determine how you write it off. If if is truly a personal residence, which means that you rent it out fewer than 14 days a year, you can write it off with the property taxes on your first house. If it is rented out more than 14 days a year, you must allocate the deduction by the percentage of personal use and rental use.... more