- 7416/742 Bay Parkway, Brooklyn, NY 11204
- 13 BD , 7.0 BA
- 7923 12 Ave, Brooklyn, NY 11228
- 3 BD , 2.5 BA
- 229 81 Street, Brooklyn, NY 11209
- 6 BD , 3.5 BA
- 8034 Narrows Ave, Brooklyn, NY 11209
- 4 BD , 4.5 BA
- 171 85 St, Brooklyn, NY 11209
- 6 BD , 4.0 BA
- 2015 CROPSEY AVE, Brooklyn, NY 11214
- 7 BD , 3.5 BA
- 256 95 ST, Brooklyn, NY 11209
- 5 BD , 3.5 BA
- 73 Bay 47 St, Brooklyn, NY 11214
- 5 BD , 2.0 BA
- 254 85 St, Brooklyn, NY 11209
- 4 BD , 3.5 BA
- 205 82 St, Brooklyn, NY 11209
- 4 BD , 4.0 BA
Pet Rent 101Typically, pet owners pay an additional deposit during the lease signing that covers any wear and tear the pet does to the rental. Pet rent, which is becoming increasingly more common, especially in corporate-owned apartment complexes, works differently. With pet rent you’ll pay a monthly fee as long as you and your pet live in the rental. The fee is relatively small — usually $35 or less — and is considered a discretionary charge, meaning the landlord can legally include this extra charge in your lease in most cases.On the surface pet rent may seem like just another way for a landlord to make money off a tenant, but some landlords argue that pets cause extra wear and tear on the apartment building and require additional maintenance. For example, pet rent covers damage to landscaping or wear and tear on carpets in the lobby.AdvantagesWhile it may not seem like there is any advantage to paying another rental fee, you might get a better deal by paying pet rent. Say, for example, you’re comparing two apartment complexes with similar apartments. One complex charges $985 a month with a $300 non-refundable pet deposit and no pet rent. The other charges $900 a month with a $150 refundable deposit and $15 a month pet rent. For a 12-month lease at the first complex you’d pay $12,120. But you’d only pay $11,130 at the second complex and may get back your $150 refundable pet deposit.Being willing to pay a pet deposit could give you more rental options, especially if you have a special circumstance. While many landlords are only willing to allow pets with specific rules, such as one pet per household or a small weight limit, other landlords may be willing to accept your three cats or large dog if you agree to pay a monthly fee.DisadvantagesPet rent also has a few big disadvantages. Namely, paying another fee that will add up over the course of the lease. Say, for example, you sign a 12-month lease with a $25 pet rent fee. Over the course of the lease you’ll end up paying an extra $300.If you’re a long-term renter, a small monthly fee becomes an even bigger deal. If you renew your lease for another year you’ll pay $600 in total, and if you decide to stay put for five years you’ll end up paying $1,500 in pet rent alone. AlternativesWhile you could simply walk away from any rental with pet rent, you might have luck negotiating with the landlord. For example, if you’re planning on staying in a rental for a year or more and know your pet won’t cause problems, you could use that information as leverage and offer to sign a longer lease in lieu of paying pet rent. You could also offer to pay a higher upfront pet deposit to cover any wear or tear your pet causes to the building. It may not work, but many landlords are willing to negotiate with tenants.Article Source: http://www.realtor.com/advice/should-you-pay-pet-rent/
You’ve sold your house: Escrow has closed, and you’ve handed your keys to the new owners. But while the deal is done, you have a few more things to do. In “House Selling for Dummies,” authors Eric Tyson and Ray Brown lay out things you can do to save money and increase your peace of mind, post-sale. Here are 10 of their tips: Keep copies of all paperwork related to the closing and settlement. Although it might be tempting to shred the paperwork or put it in storage, you’ll want to have it handy for April 15. When you file your taxes, you’ll need documentation for the expenses and proceeds of the sale. And after you file your return, you’ll want to keep the paperwork in case you’re audited. Keep proof of improvements and prior purchases. This is for tax purposes, too. The IRS allows you to add the cost of improvements to your home’s cost basis during the time you own the home, which is nice if you have a sizable capital gain. But to use this tax provision, you need to keep receipts for everything you spent on home improvement. Stay on top of tax laws. Because tax laws constantly change, you’ll want to keep current to avoid losing money. For example, a recent law allows you to exclude from tax a significant portion of the profits from the sale of your primary residence. Put your proceeds in a money market fund. If you sell and then don’t immediately buy, you’ll need a safe place to put your money. A money market mutual fund offers safety, a reasonable rate of return, daily access to your money and check-writing privileges. Choose your next home carefully. Scope out a variety of areas and housing options that meet your family’s needs. Don’t feel pressured to buy. Take your time purchasing your next home; rent for awhile if you’d like extra time or want to try an area out first before buying. “Keep in mind that you have two years to defer tax on your house-sale profits,” Tyson and Brown point out. Reevaluate your personal finances. If your situation changes before you buy another house—you get a promotion, have a baby, go through a divorce—you’ll need to rethink your finances and how much you can afford to pay for your new house. Think about what you need from an agent to help you buy. Carefully consider whether the agent who helped sell your house can meet your needs when you’re buying. Buying and selling require different skills. And, if you’re moving to a new area, you may want someone familiar with the area. Think through your next down payment. Brown and Tyson recommend putting at least 20 percent down on your next house in order to qualify for the best mortgage programs. If you can afford more than 20 percent, consider whether it’s better to put that money in the down payment or to invest the money elsewhere. “Younger home buyers willing to take on more investment risk should lean toward a 20-percent down payment, whereas older home buyers, who tend to invest less aggressively, should opt for larger down payments,” the pair recommends. Remember to send change-of-address notices. The U.S. Postal Service recommends you complete your change of address 30 days before you move. Realtor.com
Spring and summer are the high season for home sales, but winter can be a buyer’s market. If you don’t mind a smaller pool of homes for sale or moving around the holidays, winter might be a good time for you to house shop. Less Competition, More Leverage Since spring and summer are the most active real estate seasons, many home sellers wait until then to list their homes. That means there are fewer homes for sale in the winter, but the sellers often have strong reasons to sell their homes soon, such as job relocation. These motivated sellers can be a boon to the home buyer. While there are fewer homes to choose among, the smaller selection can save you a lot of time. Do you really want to traipse through 50 houses? It may be simpler to view the handful of homes for sale in the winter and choose the one that best suits your needs. Just as there are fewer homes for sale during the winter, there are fewer buyers, too. That means less competition and sellers who are more willing to accommodate potential buyers. Use this knowledge to your advantage. Offer a relatively low (but not insultingly low) bid for the home you’ve selected, or ask for perks such as the living room furniture or the chandelier that you admire. The low number of potential buyers also means you have more time to make your decision. In the spring, you often need to choose a home and act quickly, but in winter you may be able to take your time. Assessing a Home’s Winter Fitness Viewing homes in the winter lets you see how it holds up to the weather. Did you feel cold while looking through the house? Is there a functioning heating system and hot water? Are the windows letting in drafts? Availability of Agents and Others Another advantage of buying a home in the off-season is the greater availability of industry professionals. Real estate agents will have fewer clients and more time to focus on your home search. Lenders will be more accessible for questions and assistance. Some lenders even waive fees during the off-season to encourage borrowers to use their services. Likewise, movers tend to lower their costs during the winter months. Gray Gardens or Winter Wonderland? Home buyers can be turned off by the bleak look of prospective homes in winter. Bare trees and lawns covered in gray snow aren’t the most picturesque. However, you’ll be able to see how well neighbors tend driveways and sidewalks, whether the town plows or salts icy streets, and whether kids come out to play in the snow. Around the holidays, you might even see the neighborhood decorated in its winter finest. Dini Harris wrote this article.
Sentimentality can be a powerful disincentive to declutter. How could a loving daughter sell her family silver, even though she dislikes the pattern? How could parents ever discard a painting by their young budding Picasso, even though he’s now 30 and hasn’t picked up a paint brush in 20 years? Most home owners avoid those tough decisions and schlep possessions from house-to-house. But it’s far smarter to shed before moving. Not only does it clear out space to make a listing look its best, it also saves on moving costs to transport less stuff. Are your sellers clinging to keepsakes? Share with clients these 13 steps to help make the task of decluttering less daunting. Tip: Taking photos may help your clients look objectively at their house, suggests Amy Trager, certified professional organizer and president of the Chicago chapter of the National Association of Professional Organizers. 1. Study the entire house. Sellers shouldn’t tackle every room in one fell swoop. Advise them to go room-by-room, starting at the front door. Sellers should pretend they’re seeing each room for the first time, says Kammie Lisenby, CEO of The Organizing Experts in Seattle. The goal is to make rooms resemble those in a hotel, says professional organizer Katrina Teeple, owner of Operation Organization in Los Angeles. 2. Make piles. Sellers should organize piles as they clear each room — for example, stack items to keep, give to family or friends, donate to a charity, sell online, get hauled away, and consign. They should bear in mind the size of the home they’re moving to, their degree of sentimental attachment, and the financial value of each item. It’s best to put highly personal items aside in the keep pile, such as family photos they don’t want buyers to see during showings, says Lisenby. Tip: Sellers could offer a buyers’ allowance to do their own decorating, says Barry Izsak, owner of Arranging It All in Austin, Texas, and former NAPO president. 3. Create a spreadsheet. A master list of what rooms will require organizing tasks can be helpful. This will also aid in prioritizing expenses, such as home improvements, paint, and staging elements. To play it safe with finicky buyers, sellers should go neutral in paint and decor, says Teeple. 4. Empty closets. Often becoming a graveyard for all the belongings home owners don’t know what to do with, clean, spacious closets are a coveted feature among buyers. Izsak suggests eliminating anything not worn or used in the last two years. Aim to dispose of 50 percent of wardrobes since most people only wear 20 percent of their clothes 80 percent of the time, he says. The remaining items should be stored on uniform rods, or in labeled, see-through bins, says Teeple. 5. Clear off counters and bookcases. Get rid of books that won’t be reread, particularly now that so many people read online. Add a few home decor items for sparkle. When in doubt, follow the “rule of three,” a mantra among home stagers, by clustering items into threes to create visual appeal. The final effect should reflect a neutral style. 6. Inspect the home’s exterior. Depending on the time of year, sellers may need to hire a professional to clear leaves, snow, or ice, so that they don’t hide a home’s features. Messiness and wear and tear on the outside indicates to buyers that the inside hasn’t been cared for well. 7. Check curb appeal all around. While the front yard is key to making a good first impression, more home owners spend time out back, so sellers should be sure lawns, shrubs, trees, and amenities like a fence and air conditioning condensers are maintained. 8. Spruce up the kitchen. This is the home’s most popular gathering spot and another place where everything gets dumped—backpacks, car keys, cell phones, etc. The rule of three applies here, too. Tell sellers not to stuff anything into a pantry or cabinets; get rid of it if it hasn’t been used in a few years. Also, clean out the refrigerator and freezer. 9. Make bathrooms spotless. Not every seller has a spa bathroom to unwind in, but clean grout, tiles, shower door, and vanity can make a big difference in an average bathroom. Clear out the prime real estate of a medicine cabinet, add crisp white or other neutral towels, fresh soaps, and a plant, Teeple suggests. 10. Purge basements, attics, and garages. These are a home’s purgatories—where stuff goes to never see the bright light of day, says Izsak. Anything that’s been moved at least twice and not opened needs to be reassessed, says Chris Seman, president of Caring Transitions in Cincinnati, a relocation service. Separate the items to be stored in see-through bins to reveal their contents; do so by categories, such as holiday decorations; and be sure bins are labeled clearly and have lids to keep out pests. 11. Professionalize an office. With more home owners working from home, a separate room or corner for an office can boost sales appeal. Have sellers clear up paper piles and file documents—but remember, most home owners only reference 5 percent of their files, says Seman. The work area should include good illumination, a comfortable chair, and clean equipment, says Izsak. 12. Get rid of belongings. Now it’s time for your sellers to rethink what to do with everything in piles. Here are some upsides and downsides to these decisions: Sell or auction through an online vendor like Craigslist or eBay or at a flea market. Downside: It may take time to get the desired price. Leave at a consignment shop to get stuff out of a house now. Downside: Proceeds get shared, and it may take a while to sell. Give away to family, friends, or a nonprofit such as freecycle.org. Some communities let residents leave stuff outside their house with a sign, “Take it!” Upside: It gets rid of things fast. Have a group haul it away such as 1-800-Got-Junk? Upside: This avoids driving it to a dumpster. Donate to a charity. Upside: It gets out of a house, helps someone in need, and provides a deduction. Fill out IRS Form 8283 if total exceeds $500. Organize a yard sale. If time is of the essence, the seller could hire a professional who sets up tables, takes money, and gets rid of what doesn’t sell. Downside: Proceeds get shared. 13. Don’t repeat collector mania. Once sellers move into their new home with fewer possessions, advise them to purchase carefully. Sending organization ideas and decluttering tips is a great way to keep in touch with past clients. Check out HouseLogic’s REALTOR® Content Resource Realtor.com
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