It’s been a few several weeks and your house still has no offers. Here are some possible details and recommended approaches: It’s overpriced. There is no single way of how to deal with this. If your house has been in the marketplace for 30 days and not obtained any offers, you will need to re-think if your the asking price is dissuading … [Read more...] about Fixing the Problem in your House
NYC
Real Estate 1031 Exchange in New York
If you own an investment property and you are looking to sell that property and use the proceeds to invest in another, then you maybe able to defer any capital gains on the sale of the original property. This process is called a 1031 Exchange. You don't have to pay capital gains taxes on the sale of property if you plan to identify a replacement … [Read more...] about Real Estate 1031 Exchange in New York
Buying A Home For Your Kids: A Good Idea?
The following is an article from Forbes.com: Your kids have just graduated from college. They’ve moved to a new city where they’ve been fortunate enough to land reasonably well-paying jobs. The problem is that they don’t earn enough to live anywhere better than what strikes you as an overpriced tenement. You would feel more comfortable if they … [Read more...] about Buying A Home For Your Kids: A Good Idea?
New condo prices vs. Existing Condo prices
A lot of buyers love new constructions and new condo conversions, because they are brand new, luxurious and have many amenities such as a swimming pool, sauna, health club, lounge, game room and beautifully landscaped rooftop deck and so on. In addition, some buildings even have rock climbing walls and golf range simulators. The Manhattan condo … [Read more...] about New condo prices vs. Existing Condo prices