Have you ever calculated how an increase in mortgage interest rates actually affects your purchase in real dollars?
I have lived in ground floor apartments in NYC for the last fourteen years. In fact, we recently purchased another apartment on the – wait for it – yes, the first floor. We move in later this month, which means we are committed to first floor living for the foreseeable future – and we love […]
The following article was written by the fine folks at Weidenbaum & Harari, LLP – an excellent real estate law firm in New York City. I have been enthusiastically recommending my buyers and sellers to Barry Weidenbaum for a decade and plan to continue doing so for the next decade to come. This – along with every article on their site – is a great read and worthwhile information for any co-op purchaser, so I thought it would be beneficial to my readers. Thank you Barry and enjoy the article!
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 […]
If you are – or know – a homeowner who is considering selling a home this year – even if you/they are leaning toward selling as a FSBO (for sale by owner) – preparation and overall strategy are key, and due diligence regarding important details such as when to list, for how much and, how should not be overlooked […]
Happy New Year! As I sat down to write this year’s New Year post, I was compelled to look back at what I wrote last year to sum up 2016 and kick off 2017. I decided to follow a similar format to launch into 2018 and reflect on a year which can – at least […]
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.
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.