relocating to manhattan: Co-broke or Go Broke!
- 12/19/08 10:56 AM
When I first started selling real estate in Manhattan an experienced broker said to me, "Sometimes you either co-broke or go-broke." New York City is a different animal as far as the exclusive broker being the gate keeper to every single one of their exclusive properties. As I have blogged before we don't have keyboxes on our properties. Any time an appointment is made to look at an apartment we have to show it ourselves. In years past when the market was red hot getting appointments to see a great apartment could become very difficult. The listing broker would have a … (20 comments)
relocating to manhattan: New York City First time home buyer and Investor MUST READ! The Financial Report of the Building pt. 3 of 5!
- 12/11/08 01:37 AM
Part 3 - KNOW THE FINANCIAL REPORT OF THE BUILDING: Whether you are a first time buyer or a seasoned investor buying a New York City Condo, Co-Op, Condop, or Townhouse it is important to understand the full financial picture of the building. When you are buying an apartment, besides buying the single apartment unit in the multi-dwelling complex you are also buying into a building. Having a financially sound building can help avoid any future unexpected costs. A number of common questions usually asked by prospective buyers are does this building have any upcoming assessment, what is the underlying mortgage, if … (5 comments)
relocating to manhattan: New York City First time home buyer and Investor MUST READ! Know Your Buying Power pt. 2 of 5
- 11/26/08 12:14 PM
Part 2 - KNOW YOUR BUYING POWER: The best thing for a buyer in today's market is understand your buying power. Knowing your buying power means more than just having an idea as to what you qualify for and what your monthly payments are going to be. We always ask during our initial consultation appointment with new buyers what amount of down payment they have. Down payment is so important because it will determine what type of product, condominium or co-op, which is suitable for you. Aside from the amount of the down payment, it is also important to know where … (2 comments)
relocating to manhattan: New York City First time home buyer and Investor MUST READ!
- 11/21/08 12:42 PM
This is Part 1 in a 5 part series focusing on what a first time buyer or investor should know before they purchase an apartment in New York City and the most common mistakes to avoid. We will cover- Know What You Are Buying, Know Your Buying Power, Financial Report of the Building, Who is Managing the Building, Buying with your Head and your Heart, and more! Understanding the Products: (Co-Ops, Condos, Condops, Townhouse) Buying an apartment in New York City will be an exciting and also daunting experience. Because New York City offers a unique buying experience with many of … (13 comments)
relocating to manhattan: The Me Too Clause
- 11/20/08 12:41 AM
For the last 5 years buying a new development condominium in New York City was a sure fire way of seeing a great return on your initial investment. If you bought in at the early stages of the initial offering, you waited and as the building went up, so did the prices of the available units. So by the time you actually closed on your apartment your exact same unit would probably sell for 10-20% than what you bought it for. This was one of the big reasons why there are so many new development condominiums in Manhattan. Now that the … (6 comments)
relocating to manhattan: Relocating to Manhattan
- 11/15/08 03:37 PM
Having the unique experience of starting my real estate career on the West Coast in Seattle, WA and now being an agent in Manhattan has given me the ability to help first time home buyer's relocating to Manhattan. I grew up on the West Coast in Seattle, WA and started selling real estate once I graduated from the University of Washington. Relocating to Manhattan from Seattle was definitely a culture shock, so I understand what its like to move the big move here. I understand the buying process in a more traditional real estate environment and then coming to an almost … (2 comments)
relocating to manhattan: Life without LockBoxes
- 11/08/08 01:07 PM
Can you imagine your life without a lock box on every one of your listings? Well here in New York City this is my reality. Manhattan apartments that are on the market for sale do not have a lockbox on the door. When I have told this to agents who work in different states they look at me and are shocked. So rather than plopping that lock box on the listing and walking away checking up with whoever shows the property this is what happens in Manhattan. It's very simple, but it can be very time consuming. We personally show every … (30 comments)
relocating to manhattan: The Tide is Turning for New York City Rentals
- 11/08/08 07:37 AM
"Why is it so hard to rent an apartment in New York City?" I had a young woman relocating from San Francisco ask me this question just a few weeks ago after we found her an apartment in the Upper West Side. The other statement I usually here is, "I'm so sick of looking for an apartment!" Despite the difficult nature of finding an apartment in Manhattan things might be getting a little bit easier. As the Manhattan real estate market turns into a buyer's market, many buyers are becoming renters to wait out and see what happens to the market. … (4 comments)
Licensed Real Estate Salesperson specialize in Manhattan Condominium market such as Resale Condominiums, New Construction condos and condops. We work with first time home buyers, foreign buyers, investors. We Specialize in neighborhoods: Upper West Side, Chelsea, Midtown West, Midtown East, Nolita, Lower East side, Greenwich Village, Soho, Union Square, Financial District in Manhattan.
When I first started selling real estate in Manhattan an experienced broker said to me, "Sometimes you either co-broke or go-broke." New York City is a different animal as far as the exclusive broker being the gate keeper to every single one of their exclusive properties. As I have blogged before we don't have keyboxes on our properties. Any time an appointment is made to look at an apartment we have to show it ourselves. In years past when the market was red hot getting appointments to see a great apartment could become very difficult. The listing broker would have a … (20 comments)
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