During the purchase process, Acre agents help buyers conduct early risk assessments and review key public records, including: Any disclosed lawsuits involving the building NYC DOB violations and recent repair or construction activity Background of the property management company Building transaction history and market performance Buyers should carefully review financial statements, board meeting minutes, and related documents  provided by the building to understand its overal

Depending on family structure, tax planning, asset protection, and long-term goals, parents typically use the following methods: 1. Joint Purchase (Parent & Child) How it works: Parent and child sign the contract together as co-buyers Ownership can be structured as Joint Tenants or Tenants in Common Either party’s income can be used to qualify for the mortgage, or they may apply jointly Advantages: Stronger income and asset profile may improve loan approval Ownership shares c

1. Astoria｜ Stable Growth + Strong Value for Both End-Users and Investors Heading into 2026, Astoria remains one of the most stable and value-driven neighborhoods in Queens. In 2025, key metrics—including sales volume, prices, and price per square foot—showed steady growth, while days on market declined slightly, indicating a healthy market. Compared to Long Island City (LIC), price fluctuations are more moderate. With demand driven largely by end-users (especially 1BR and 2B

In addition to the mortgage, buyers should budget for ongoing monthly expenses, primarily common charges, property taxes, and homeowners insurance. These costs vary depending on the property type and location. Common Charges For condos, common charges typically cover maintenance of common areas, building insurance, staff salaries (e.g., doorman), and building reserves. In New York, they usually range from $1.50–$3.50 per square foot, though luxury or high-amenity buildings ma

Overall, for buyers purchasing primarily for personal use with a limited budget and who are comfortable with a stricter approval process, a co-op can be a more cost-effective option.For those seeking greater rental flexibility, a faster transaction process, and more modern amenities, a condo is generally the better fit. In terms of transaction risk, condos offer greater certainty once a contract is signed. With co-ops, even after signing a contract and paying a deposit, the d

Personal Identification Passport / Driver’s License / Green Card Complete recent travel history Marriage and family information (if applicable)  Proof of Income For Employed (W-2) Employees Last 2 years of W-2 forms Most recent 2 months of pay stubs Last 2 years of tax returns (1040) For Self-Employed / Business Owners Last 2 years of personal tax returns Last 2 years of business tax returns (1120 / K-1 / Schedule C) Proof of Assets Last 2–3 months of bank statements (subject