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Home Buying in East Village : Real Estate Advice

  • All36
  • Local Info5
  • Home Buying9
  • Home Selling0
  • Market Conditions2

Activity 8
Thu Aug 6, 2015
dploves2sellhomes answered:
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
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Mon Feb 24, 2014
Nardeen Billan answered:
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 nardeen@rapartnersny.com.

Cheers!
... more
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Thu Nov 7, 2013
Jennifer Fivelsdal answered:
A home value can be determined by comparing recent home sales,homes presently on the market and the ones that failed to sell, it is a best guess.

The true value of a home is what the a buyer will pay, and the seller will accept. ... more
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Mon Jun 3, 2013
Elena Ravich, Esq. answered:
Mon Jun 3, 2013
Elena Ravich, Esq. answered:
Mon Jun 3, 2013
Elena Ravich, Esq. answered:
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.

Elena Ravich
Rakita Realty
646 593 7297
elena@rakitarealty.com
... more
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Mon Jun 3, 2013
Elena Ravich, Esq. answered:
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.

Elena Ravich
Rakita Realty
646 593 7207
elena@rakitarealty.com
... more
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Mon Jun 3, 2013
Elena Ravich, Esq. answered:
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
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