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Brooklyn mortgage notes
Plain-English guides to buying, refinancing and saving money on a mortgage in Brooklyn and NYC.
Purchase CEMA in Brooklyn: how buyers cut the mortgage recording tax
How a Purchase CEMA works in Brooklyn, what it saves on NYC mortgage recording tax, what it costs, and how buyers and sellers split the benefit.
Co-op vs. condo financing in Brooklyn: what lenders and boards look at
The practical differences between financing a Brooklyn co-op and a condo: boards, post-closing liquidity, financing caps, warrantability and closing costs.
2-1 buydown vs. price cut: which helps a Brooklyn seller more?
Why a seller-paid 2-1 buydown often moves a listing faster than an equal price reduction, with a worked example and concession limits.