STARNEST operates on all levels of the real estate business, working with buyers, sellers, and property managers alike to facilitate the best deals for all involved. This is an unpredictable market; you will best be served by a realtor who knows it backwards and forwards.
Sales of New York City apartments and condominiums have risen steadily in recent years. Even in these uncertain economic times, buying real estate could be a sound financial decision, whether you are investing or making a home for yourself. But, as with entering into any kind of property transaction, it is important to know the facts.
There are different types of land-ownership in New York. Co-operatives make up the majority of the ownership market. In it, you do not own your apartment outright; rather, you buy into a corporation that jointly owns the building. New prospective tenants must be screened and approved by the building’s co-op board, a process that can be daunting.
Owning a condominium, however, means that the property belongs to you outright, with all the rights and responsibilities implied therein. Being approved for a condominium is generally easier, but it can also be more expensive.
Homes in New York City have appreciated greatly in value over the years – as much as 100% in the last five years! But maximizing the value of your property upon selling requires the proper knowhow. Starnest agents understand the market, will asses your home against others in your neighborhood, and recommend other professionals who will aid in your sale: mortgage brokers, appraisers, attorneys, and more.
Property managers can be an invaluable liaison for owners of real estate. For a fee, property managers perform services for the owner ranging from dealing with tenants in a rental property, to arranging for repairs and security in residences, to even operating the business in a commercial property. Starnest works closely with property and land managers to further bolster our position as one of the instrumental players in New York real estate. Our experience and connections will give you the upper hand, whether you are buying or selling.