Category Archives: Home Ownership

George Russo Associates – Home Ownership Help

Mortgage Fraud: Don’t Become a Victim – Part 2

*** Previous *** Experiencing Financial Difficulties? Perhaps you’re a homeowner who’s struggling to make ends meet, and that includes meeting your mortgage repayments: be very wary of web-based advertisements or emails claiming they can eliminate your mortgage debt: they’ll offer to … Continue reading

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Mortgage Fraud: Don’t Become a Victim – Part 1

Government Bailouts! Foreclosures! Sub-Prime Loans! You can’t watch the evening news or read the daily newspaper without seeing stories about today’s mortgage crisis and the shocking fraud that seems to go hand-in-hand with it. Of course the FBI plays a … Continue reading

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Apartment Hunting in New York City – Part 2

*** Previous *** Enquire About Access Viewing apartments in Manhattan on Sundays can be difficult, or impossible, unless your budget allows for a luxury apartment building with a doorman. Landlords of smaller complexes will generally schedule viewings through a superintendent, … Continue reading

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Apartment Hunting in New York City – Part 1

Following on from our previous article, here are some further helpful tips on finding the perfect apartment in New York City. Determine Your Move-in Date Even though this is the easiest step it’s probably one of the most important steps … Continue reading

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Hunting for an Apartment in New York City – Part 2

*** Previous *** It’s All About Geography! First, ask yourself which borough you think you want to live in. Many times this will come down to economics more so than desire. Of course many people would love to live in … Continue reading

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Hunting for an Apartment in New York City – Part 1

Many people will tell you that looking for the perfect apartment in New York City can be one of the most frightening, stressful and unpredictable processes you’ll ever experience – and they might be right! The New York City real … Continue reading

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Purchasing a Second Home in Queens, Brooklyn or New York City – Part 4/4

*** Previous *** Make an Offer Once you’ve chosen a house that you like, make an offer. You should expect to make several offers that will ultimately be outbid, before you finally land a home. Have a real estate law … Continue reading

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Purchasing a Second Home in Queens, Brooklyn or New York City – Part 3/4

*** Previous *** Comparable Home Prices Check comparable home prices in the area: this will give you a pretty accurate idea as to how expensive an average home might be in your area. Speak with real estate agents for this … Continue reading

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Purchasing a Second Home in Queens, Brooklyn or New York City – Part 2/4

*** Previous *** Don’t Count on Identical Tax Credits as With Your First Home Talk to the IRS to determine what the tax implications of a second home are. For a lot of people the tax costs involved with owning … Continue reading

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Purchasing a Second Home in Queens, Brooklyn or New York City – Part 1/4

There are so many reasons why someone might decide to purchase a second home: perhaps you’re looking to achieve rental income or you’re searching for a vacation getaway. Maybe you’d like to purchase a fixer-upper for your retirement years, or … Continue reading

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