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Eli Karpovski


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5 Fun Day trips from NYC

[fa icon="calendar'] Jul 30, 2020 1:00:00 PM / by Eli Karpovski posted in Travel

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New York City is the "City that Never Sleeps."There's an energy about our community that is part of what we all love, but sometimes you just need to get away. Day trips from NYC can be a great way to recharge your batteries and prepare yourself for another busy week of life in NYC. These destinations are all within a short drive of the city, giving you options for a bit of refreshment.

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Beach getaways from NYC

[fa icon="calendar'] Jun 26, 2020 2:00:00 PM / by Eli Karpovski posted in Travel, Relax, Beach

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Beach Getaways from NYC

A good getaway during summer is always refreshing. Beaches are a good option in NYC and the closer the beach, the better. A good number of them is accessible through public transportation and are close enough to make it a day trip. Let us have a look at some of the best local beach getaways to make your summer fun.

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Weekend getaways from NYC

[fa icon="calendar'] Jun 22, 2020 2:00:00 PM / by Eli Karpovski posted in Travel

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Getting Away From The Hustle


If you don't get out of NYC for a weekend (or a few weeks) here and there, you will definitely lose your mind. It's loud. It's congested. Even your apartment doesn't have the peace you'd like owing to neighbors and weather.

Now granted, you can cope. Anyone can cope. But you need a break. Scientific studies found that when employees have a fifteen-minute break every couple hours, they do better work. If that's true in the employment sphere, wouldn't such a thing make sense in the residential arena as well?

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How to buy a home

[fa icon="calendar'] May 24, 2020 1:30:00 PM / by Eli Karpovski posted in Buying

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Looking for a new home is an adventure. Knowing how to buy a home takes some research. While most buyers will start their home search by going online and browsing, the real first step is to find out what you can afford. Understanding your affordability can be straightforward for some and tricky for others. Knowing your budget will save you time and frustration. The home buying process should be easy and comfortable.

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What do you need to buy a home?

[fa icon="calendar'] May 19, 2020 2:29:05 PM / by Eli Karpovski posted in Buying

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Buying a home is one of the most complicated purchases for most people. It's not an everyday purchase and that's what makes it so complex. Laws that guide the sale of real estate are constantly evolving. Working with the right team of experts will make a difference in your experience. Buying a dream home should be a dream, not a nightmare. Here's a list of what you'll need:

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What is the due diligence period?

[fa icon="calendar'] May 18, 2020 1:00:00 PM / by Eli Karpovski posted in Selling, Buying

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The due diligence period is perhaps the most important part of any contract for a buyer. It allows the buyer time to do all inspections and investigate anything about the property. Beyond its physical condition, the buyer can also review documents associated with the property in order to decide if the buyer wants to proceed with the purchase. Once this period has passed only specific contingencies protect the buyer from having to move forward with the purchase. 

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What is a CCO or a CO?

[fa icon="calendar'] May 17, 2020 1:00:00 PM / by Eli Karpovski posted in Selling, Buying

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A certificate of occupancy, or a CO, is document issued by the local municipality. It states that a property can be legally used for the purpose in which it is zoned. For example, a single family home would be certified to be inhabited for living, or a commercial retail store would be certified that it is allowed to be used to sell products to the public (assuming any other licenses needed were in place). A CO is issued to new properties and a CCO is issued for properties when they change hands, as in sold or rented. Every local government has its way of handling CO's. In some areas, an inspector will have to visit to verify that the property is in appropriate condition. In other areas, homeowners can self certify.

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What are the types of mortgage loans

[fa icon="calendar'] May 14, 2020 11:30:00 AM / by Eli Karpovski posted in Investment, Buying

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There are 7 types of loans for buying property. Each one has its purpose and specific rules. Knowing which loan is right for you is a matter of examining your future plans to the best of your ability. This includes how long you plan to stay in the property you are planning to buy and if you would sell that property when it's time to move on or hold it as an investment. Making the correct choice will result in saving a large sum of money.  The 7 types of loans are:

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How to make an offer on a home

[fa icon="calendar'] May 13, 2020 12:00:00 PM / by Eli Karpovski posted in Buying

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Presenting an offer to purchase a home will vary from state to state. This article will go over the common practices for NYC and NJ. In all states it is recommended that you hire an attorney to advocate on your behalf with respect to the sales contract. There's a noticeable difference in the cost of hiring an attorney in NYC vs. NJ. Perhaps the biggest difference in the two areas is the offer and contract of sale. In both areas a real estate agent can prepare an offer on behalf of a buyer.

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Real estate terms: What is a contingency in real estate transactions?

[fa icon="calendar'] May 12, 2020 2:30:00 PM / by Eli Karpovski posted in Glossary, Selling, Buying

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A contingency is a condition that must be met in order for a contract to be legally binding. In most cases, buyers set contingencies to protect them from having to perform on a contract if something doesn't work out as planned.  The most common contingency is a mortgage contingency. Often contracts will allow the buyer to obtain a mortgage commitment by a set date in order to fulfill that condition. If the buyer is unable to obtain that commitment on time, then the contingency will protect the buyer from having an obligation to the seller. Other common contingencies include:

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