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 […]

Your Move. I Suggest You Develop Your Queen(s).

If you ask me, Queens as always been cool. That said, for a long time after the real estate market rebounded, Queensites hung out in their forgotten borough and watched patiently while properties in the far reaches of Brooklyn were snatched up at above ask prices by buyers with truckloads of cash.  Well, to all of you who finally […]

Mind Games: Let’s Play!

Any prior explanation of this exercise could ruin its effectiveness, so grab the nearest calculator and enjoy the ride! Think of a number between 1 and 10. Multiply that number by 2 (don’t hesitate to begin using your calculator now…no judging!) Add 8 to your new number. Divide that number by 2 . (don’t you wish […]

Leaping Forward And Looking Back: An Important Announcement From Eirik At Unreal Estate

For the last two years I have used my blog as a way to educate my readers on various facets of New York City Real Estate. However, today I use it for a much more personal purpose. At the end of this month, I will be leaving Cooper & Cooper Real Estate to pursue the next big step in my life and career. Before I address where I am going and what I plan to do, I think it is appropriate to address where I’ve come from and what I have done.