Yoreevo blog, our thoughts
and insight

In New York City, a Real Property Transfer Tax (RPTT) is paid on all transfers of real property and co-op shares over $25,000. Learn more inside.

The mortgage recording tax is one of the largest closing costs NYC home buyers pay. Inside find out how you can offset the tax and more.

Click for the updated mansion tax rates following New York's 2020 budget as well as everything else you should know when buying a home over $1 million

Learn what NAR's settlement does and does NOT do to the NYC real estate market

Mortgage rates are very important for homebuyers and the overall housing market but the interest rates everyone on TV talks about? Not so much.

Tips and information to help you negotiate down the "normal" 6% broker commission when you're getting ready to sell your NYC apartment

Best and final offer rounds in NYC can be tricky and stressful but there are some simple tips you can use to make the process as smooth as possible!

Yoreevo shows you the ropes for buying NYC new development. Worried about nuances and additional costs? Don't be, we explain it all!

Doing an inspection when you're buying an apartment in NYC will certainly reduce the transaction's risk but make sure you approach it the right way.

Learn what title insurance is, why you need it and how much it costs in NYC

Closing costs are a material part of any NYC real estate transaction. Learn what to expect and how to minimize your closing costs.

Selling your NYC apartment with a FSBO can certainly make sense but you need to understand the total picture before you do.

Learn why co-op square footage is extremely unreliable and what you can do to protect yourself when buying and apartment in NYC.

The Flip Tax in NYC is a transfer fee imposed by a building. Despite the name, it is not actually a tax as it goes to the building. Learn more inside.

A CEMA can save you thousands on your mortgage recording tax but they're a little complicated. We answer buyers' most common questions.

What you need to know before buying a townhouse in NYC

What is Floor Area Ratio (FAR) in NYC?

How does higher inflation affect real estate values? Let's find out!

Learn both the art and science of valuing outdoor space when you're buying an NYC apartment

Learn about some of the many impacts coronavirus is having on the NYC residential real estate market

A step by step guide to each component in your NYC co-op or condo purchase application

Every NYC buyer should know where to find a property tax bill and how to read one.

Did you find a listing in NYC that is too good to be true, but the maintenance fees are high? You are likely dealing with a land lease. Learn more inside.

Find out what life is like for real estate agents that aren't on TV and why it affects what you pay to buy or sell your NYC apartment.

A lot has changed in the NYC real estate market over the last 10 years but if there has been one constant, it has been brokers' extremely large commissions.

Avoid these common mistakes and oversights when buying a condo in NYC

While an accepted offer is a big step, it's not until the contract is finalized and signed until you're officially buying an NYC apartment

Stop worrying about your NYC co-op interview and read our guide so you know what to expect!

The board approval process in NYC can seem black box but we do have some general guidelines that can help shape your buying timeline.

Most NYC buyers only hear about an offering plan when it's being delivered to their attorney but they have a lot of good information you may want to read before submitting an offer on new development.

Making an offer on an apartment in NYC can be nerve-wracking but it doesn't need to be! Here are the items and terms that should be included with your offer.

Co-op maintenance is an important part of your affordability math. Find out what is, how much it increases and how to find out a building's maintenance history.

It can be easy to confuse a pre-approval and pre-qualification. Learn about the difference and which you should get.

Real estate comps are critical to estimating the value of every property. Learn what they are and how to use them.

Whether you're thinking about selling your apartment with a broker or as a FSBO, Yoreevo runs you through the necessary steps

Aztech Recognition Agreements (or Aztec Forms) are one of the quirkier parts of a co-op application. Find out what it is and why you need one.

Learn how to find a buyer's agent, what they do and if you need one when you're looking to buy an apartment in New York City

Find out what proof of funds is and why you should be including it (in some form) with every offer you make on an apartment in NYC

Ever see "sponsor unit" when you're searching for apartments? Find out what this NYC specific term means and the advantages and disadvantages of buying one!

While you hope you'll never need a financing contingency, you should always ask for one. Find out what it is and why all buyers should ask for one.

Find out the benefits of buying real estate with all cash and why sellers universally prefer it over buying with a mortgage

Pied-a-terres are an important component of the NYC real estate market. Find out why they matter to your NYC apartment search, even if you're a local!

If you're a homeowner in NYC, the STAR program can save you a few hundred bucks a year! But first you need to register. Find out how and more!

One of the trickiest parts of listing your NYC apartment for sale is setting the asking price. Learn the different approaches and which is right for you.

Find out why a 30 year fixed mortgage almost never makes sense for NYC apartment buyers and what kind of mortgage you should get instead

Is there a best time of the year to buy NYC real estate? There is but the benefit is not as pronounced as it is nationwide.

What is a walkthrough? What should you check? When should you do it? Find the answers to these questions and learn what to do if there's a problem.

What should you watch out for when you're buying an investment property in NYC? Yoreevo walks you through all the basics!

Learn what steps need there are after your offer to buy a New York City apartment is accepted and how long the process should take

Learn what a certificate of occupancy is, why it is required and what to do if you're looking to purchase an apartment without one.

Yoreevo's NYC buyer's guide walks you through each step of the home buying process. Learn what to consider before and during your search.

Learn about the REBNY financial statement, how to fill it out and why it's usually required when bidding on an apartment in NYC

Quick tips for anyone considering their first home purchase in NYC. Make sure you know how the purchasing process works before you start.

A simple guide for determining if buying or renting is right for you. Make sure to tick off these big items before starting the buying process.

You're paying your broker hundred of dollars per hour to help you buy an apartment. Check out the math and what you can do about it.

Yoreevo provides a step by step tutorial to verify NYC tax abatements and figure out exactly how much you'll be saving on property taxes.

Co-op or a condo? The first question every NYC buyer asks. Find answers to all your questions and make sure you know which one is right for you.

Understanding the difference between a real estate agent and broker is important for anyone buying or selling. Learn more in this guide.

Local Law 11 was designed to keep both NYC pedestrians and buildings safe. Learn how the law affects you as a New York City home buyer or seller inside.

By using a buyer’s broker, you'll receive dedicated representation for free and if your broker offers commission rebates, it’s even better than free!

NYC real estate will be negatively affected by the tax reform of late 2017 but numbers being thrown around in the media overstate the impact.

Streeteasy started charging for rentals in the summer of 2017 which caused an uproar from brokers. A year later, Streeteasy has clearly won.

The seller ultimately pays a buyer's broker. Sound weird? It should. Learn how your broker is getting paid, why and what you can do about it.