What is NYC Senior Citizens Rent Increase Exemption Program (SCRIE) ? Through the Senior Citizens Rent Increase Exemption PRogram (SCRIE) people 62 years or older with yearly incomes below $29,000 may be eligible for exemptions from all or some increases in rents, carrying charges, capital asse
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04/12/2011
What is the difference between Rent Control and Rent Stabilization? Rent Control:The rent control program applies to residential buildings constructed before February 1947 in municipalities that have not declared and end to the post war rental housing emergency. There are 51 municipalities that
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04/12/2011
What is Cohousing? Cohousing is a communal type arrangement that is intergenerational. The group may buy property together , help design the community and manage it. Residents live in fully equipped separate, or clustered units but share outdoor spaces and a common house where communal me
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04/12/2011
What is NYC 80/20 Housing program?The 80/20 sponsored by the New York State Housing Finance Agency, the New York City Housing Development Corporation (HDC) and the New York city Department of Housing Preservation and Development (HPD) uses tax exempt bonds to creadt affordable housing for low in
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04/12/2011
Things to Consider When buying a Brooklyn home - How long do you plan on living in the home? -What are the neighborhood amenities ie parks, shopping, medical centers etc? - What are the schools rankings? - Are there cultural instutions nearby? - What is the monthly cost of renting vs owning
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04/12/2011
Small Business or Startup in NYC Looking For Business Solutions NYC Business Express is the ideal place for startups, new business owners and even for those established business owners looking to expand. NYC Business Express offers information needed to open a business, where to apply for perm
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04/10/2011
A Home Equity Conversion Mortgage (HECM) is a FHA Reverse Mortgage. A Reverse Mortgage is a loan that lets the owner convert some of the equity of their home into cash. This equity will be paid to the home owner. Requirements- The home owner must be 62 years or older, own the home, or if the
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04/10/2011
Why do short sales take long to process? Short Sales take long because sometime the bank that services the mortgage may not actually own the loan. The owner of the loan maybe an investor or a mortgage insurer who will need to participate in the process. Some lenders also have restrictions re
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04/10/2011
If you are brave enough to have your home turned into a billboard with bright, bold ad print and colors while your monthly mortgage is paid go to www.adzookie.com. Ad Zookie is looking for houses to paint, turn into billboards and they will pay your monthly mortgage for as long as your home r
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04/10/2011
Brooklyn's Woodhull Medical and Mental Health Center's Artist Access program allows artist/independent contractors to exchange their talents through patient services for health care credits. Through proformances or interactive programs for patients, you can exchange your art for health care cr
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04/09/2011
