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Month: March 2022

How to Make a Budget that fits your Money Personality + NYSAR 1st Time Homebuyer Grant + Mortgage Rates now over 4 Percent

Hi Friends, hope all is well! This month we wanted to share a few cool things specifically relevant to NYC homebuyers. First, an article on how to make a budget that fits your money personality. You can find out your money personality using the quiz in the article. Not everyone is good at budgeting, but […]

Difference between a Basement and a Cellar + Our Favorite Locksmith + Profit & Loss Statement for Investment Properties

Hi Friends, hope all is well! This month we have some cool things to share with you 🙂 First, we have a good article on the difference between a basement and a cellar. If you own a home in NYC you may be calling your ground level a basement when indeed it is a cellar. […]

What are the Proper Procedures for returning a Security Deposit to Tenant(s) at Time of Lease Termination?

Answer provided by Neil B. Garfinkel, REBNY Broker Counsel, Partner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP Answer: The Housing Stability and Tenant Protection Act of 2019 (“HSTPA”) created a specific time frame and procedure for landlords to follow when returning a tenant’s security deposit at the end of a lease […]

Notice of Property Value 2022 + Is now the Right Time to Sell? + 1031 Tax Deferral Worksheet

NYC Homeowner Connect Hi Friends ?, hope you’re doing well! This month we wanted to share a few important things with you. First is information about the Notice of Property Value for your property which you should have received in the mail this month. Second, some information related to the age old question, is now […]

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