Real Estate Glossary

Essential terms for buying and selling homes in Queens, Brooklyn, and Long Island. Each term is explained in plain language by the team at Gadura Real Estate.

• FHA Loan
• SONYMA (State of New York Mortgage Agency)
• Co-op Board Package
• Closing Costs in NYC
• Two-Family Home (Multi-Family)
• NYC HomeFirst Down Payment Assistance
• 1031 Exchange
• STAR Exemption (School Tax Relief)

Have a question about a real estate term?
Call Nitin Gadura at (917) 705-0132