Knowledge is Power: Understanding Amortization and Mortgage Interest Rates
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Category: broker fee
Knowledge is Power: Understanding Amortization and Mortgage Interest Rates
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Knowledge is Power: Understanding Amortization and Mortgage Interest Rates
Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
Purchasing an Apartment in New York City, Part 8: The Board Interview
Welcome to Part 8 of my ongoing blog series, “Purchasing an Apartment in New York City”. In Part 7 of the series, “The Package Has Been Delivered, The Baby’s in the Crib…” – I prepared you physically and mentally for the several weeks of loss of control and communication while you waited for the waiver of […]
GOOD FAITH DEPOSITS: A PART OF THE PROCESS OR A DESPICABLE SCAM?
I am often asked by clients about “good faith deposits” and whether they should be skeptical about providing a deposit when submitting an application for an apartment. The answer is, it depends. If the deposit is going to the landlord, that is likely above board. However, if the deposit is being paid to the broker, your skepticism is well founded and you should be prepared to ask MANY questions. I will prepare you for both scenarios…
Purchasing an Apartment in New York City, Part 7: The Package has been Delivered, The Baby’s in the Crib, The Eagle has Landed, The Fox is in the Henhouse – Management & Board Review
Welcome to Part 7 of my ongoing blog series, “Purchasing an Apartment in New York City”. In Part 6 of the series – “The Bank” – I focused on the role your lending institution plays in the purchase process, assuming you are financing a portion of purchase. In Part 7, I will attempt to mentally prepare […]
Chag Sameach From Unreal Estate
Chag Sameach from Eirik Gislason and Unreal Estate.
Good Faith Deposits: A Part of the Process or a Despicable SCAM?
Originally posted on Unreal Estate:
I am often asked by clients about “good faith deposits” and whether they should be skeptical about providing a deposit when submitting an application for an apartment. The answer is, it depends. If the deposit is going to the landlord, that is likely above board. However, if the deposit is…
Letters of Recommendation: A Little Board Package Levity
Whether you’ve had the “pleasure” of purchasing an apartment in NYC or not, it seems everyone knows the horrors of putting together a co-op (or even condo) board package. What is asked for in terms of down payment, post closing reserves, debt-to-income ratio and pedigree is the stuff of legend in New York City real […]
Unreal Estate 