by Debra Guzov | Guzov's Good Advice, Real Estate Legality
Thinking of buying a new co-op or condo in New York and unsure what type of loan to get? Traditionally, co-op and condo buyers ask for a fixed-rate mortgage—a loan in which the interest rate does not fluctuate throughout the term of repayment. The benefit of this is...
by Debra Guzov | Guzov's Good Advice, Real Estate Legality
The question of who “owns” a co-op is more complex than deliberating about who owns a condo. Where condo buyers actually buy the unit they reside in, individuals purchasing co-ops are actually only buying a set amount of shares equal to the value of the unit – it is...
by Debra Guzov | Guzov's Good Advice, Real Estate Legality
The combination of freelancers, entrepreneurs, and flexible working hours in the city mean that more and more people are working at home. It is more appealing for someone that is self-employed to work from the comfort of their home, instead of paying high rents...