The Advantages of Prepaying on Mortgage Prepaying on a mortgage should be done by people in a sound financial position. A good financial situation means that you do not have other debts or aren’t servicing other contributions, such as your retirement deductions...
Everyone has a unique option on whether to leave or remodel their old homes. However, there are a few factors you should consider before making the decision. Below are some of the fundamentals in deciding whether to vacate or remodel your home. Relative Cost No matter...
There is a common misconception that if you are renting an apartment, your landlord’s insurance will cover your belongings in case of a disaster. This is not true; to protect your property, you need to buy renter’s insurance. What circumstances does it cover? Most...
New York City has always been known for its astronomical housing market. A no larger force than the pandemic could have heavily impacted housing sales. With COVID-19, New York City’s boroughs have seen massive shifts in house sales and buyer behavior. To...
New York City’s mansion tax is a real estate tax applied to the purchase of property that costs more than a specified dollar amount. When purchasing a home, condo, or co-op in New York, the mansion tax is the most expensive closing cost. Anyone planning to buy a...
