I. FinCEN’s Geographic Targeting Order: filing of registration form to NYS Dept of Law: (purpose is to guard against money … Read More
NAVIGATING TODAY’S REAL ESTATE MARKET
AS INTEREST RATES RISE, BUYER HAVE MORE LEVERAGE TO NEGOTIATE AND ARE LOOKING FOR A DEALCOOPS Buyers are focused on … Read More
NEW CONSTRUCTION CONDOS
NEW CONSTRUCTION CONDOS/ SPONSOR SALES: PRICE: DO NOT negotiate price per square foot, Offering Plan reflects GROSS square footage not … Read More
THE NEW YORK REAL ESTATE TRANSACTION: FROM A-Z
BUYER OBTAINS PRE APPROVAL LETTER TO SUBMIT OFFER ↓ OFFER ACCEPTED ↓ Broker Delivers Deal Sheet, Offering Plan & Financials … Read More
CONDO RESALES VS NEW DEVELOPMENT
CONDO RESALES: Pre- Contract Inspections?– optional for buyers, unit owner is responsible for all appliances and internal contents, Condo Assoc/Mgmt … Read More
HOW TO SEAL THE DEAL FOR AN EXCLUSIVE LISTING AND REPRESENT SELLER PROPERLY
RESEARCH prior sales and pull proper comps in the building and in the area of like kind properties (similar finishes, … Read More
Red flags with coop, condo & the due diligence
A. COOPS: 1) Offering Plans : Bylaws , House Rules, Proprietary Lease, Schedule A (note: NO FLOOR PLANS or PRICE … Read More
The foreign investor: What you need to know
I. The Foreign Person Test: Is your client an alien resident of the US? A. “Green Card Test”- has the … Read More
The New York real estate transaction: From A to Z
BUYER OBTAINS PRE APPROVAL LETTER TO SUBMIT OFFER ¯ OFFER ACCEPTED ¯ Broker Delivers Deal Sheet, Offering Plan & Financials … Read More
Becoming a negotiation expert for your client
A. Strategies for Protecting your Buyer Against Low Appraisals: 1) Every Offer should include a mortgage contingency clause for at … Read More
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