Chag Sameach from Eirik Gislason and Unreal Estate.
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 […]
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 […]
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 […]
Welcome back to Part 4 of Purchasing an Apartment in New York City. The goal of this series is to help home buyers formulate a sound game plan to successfully purchase an apartment in NYC. In this installment, I will focus on the first of three major milestones in the purchase process – an Accepted […]
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.
On a daily basis, I come into contact with clients who simply accept the notion that it is okay for a real estate professional to dodge the question, “What is your broker’s fee?” If you have ever used a broker in NYC, you have likely gotten this two word response; “It depends.” So, how do you outsmart the broker who dodges the question regarding fee?
Every once in a while we need to poke a little fun at ourselves and our industry. This is especially true in stressful world of New York City real estate. Agents often act as Copywriter, Editor, and Designer for their own advertisements, resulting in extremely creative descriptions and interesting new “buzz words” or “catch phrases” […]
If April 1st is the day to tell a tall tale or play a crafty joke on someone you love, than April 2nd should be a day of truth and transparency don’t you think! So here we go… On a daily basis, I come into contact with clients who simply accept the notion that it […]