THE NY STATE BUDGET HAS BEEN ADOPTED, BUT WILL IT FIND A HOME?
The 2020 Fiscal Year Budget has been adopted and includes significant changes to state Transfer Taxes and the Mansion Tax. So, what is the impact on buyer and sellers in NYC?
The 2020 Fiscal Year Budget has been adopted and includes significant changes to state Transfer Taxes and the Mansion Tax. So, what is the impact on buyer and sellers in NYC?
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 […]
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 […]
As a real estate salesperson I find the psychology of decision-making fascinating. On a somewhat unrelated note, I am also a sucker for old game shows from the ’70s and ’80s. As a young child I dreamed of engaging in witty banter with Peter Tomarken and avoiding “Whammies” on Press Your Luck, longed for the opportunity […]
Chag Sameach from Eirik Gislason and Unreal Estate.
Unfortunately, StreetEasy recently announced a change which is likely to jeopardize their relationship with their users (buyers and brokers alike).
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.
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.
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 […]
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 […]