Chag Sameach From Unreal Estate
Chag Sameach from Eirik Gislason and Unreal Estate.
Category: new york real 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…
StreetEasy’s Hot Button Issue: Will the New Model Really Benefit Buyers?
Unfortunately, StreetEasy recently announced a change which is likely to jeopardize their relationship with their users (buyers and brokers alike).
NYC RESIDENTIAL HOMEBUYER Q & A – Thursday, May 4th @ 6PM
On Saturday, April 1st at 2PM Eirik Gislason of Halstead Property and Unreal Estate will host the NYC Residential Homebuyer Q & A in his Union Square office at 831 Broadway. This complimentary round table event is invaluable and suitable for buyers of all stripes and experience levels. Whether you are a first time homebuyer in need of a strategy to successfully close on a primary residence, or a seasoned purchaser looking for a pied-a-terre or your next investment property, Eirik will address your questions and offer sound, expert advice.
Purchasing an Apartment in New York City, Part 6: The Bank
Assuming you are financing a portion of your purchase, the bank will play an important role in the success and timing of the overall process. Therefore, it is important to have some insight into the role your mortgage professional and the bank play, and the behind the scenes process of obtaining a loan.
Closing the Loop on the Leap Year
2016 has been an incredible year of change, discovery, focus, creativity, balance, community, family and success. I am so incredibly thankful to my wife, family, friends, clients and colleagues for cheering me on before, during and after my decision to leap, and for continuing to support me throughout the past year as I rebuilt my […]
What’s Up With Down Payment?
I am often asked by buyers, “Why does the seller care about my down payment amount? As long as I am satisfying the building’s down payment requirement, and the bank has approved the loan, aren’t they getting their money at the closing table whether I ‘put down’ 20%, 50% or 100%?” It is a very reasonable […]
Purchasing an Apartment in New York City, Part 5: The Board Package
Welcome back to Part 5 of my home buying series, Purchasing an Apartment in New York City. It’s time to address everyone’s favorite part of the purchase process – The Board Package!!! OK I admit, an entire article devoted to the board package is not sexy and usually ends with an unhappy buyer, a lawsuit or a nap. Well, not this […]
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 […]
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…
Unreal Estate 