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The Process of Purchasing New Construction: Steps One and Two

The Process of Purchasing New Construction: Steps One and Two

Nov 08, 2022 ,,,,,,,,

Buying new construction in Brooklyn is complex but completely doable. We help people succeed in this task every day. One of the best resources you can have is an agent who can help you learn the ins and outs (and special considerations) of new construction — especially when it comes to financing. In the meantime, […]

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Buying New Construction: Punch List Creation

Sep 29, 2022 ,,,,,,,,

There are many benefits to purchasing a unit in new construction. You are moving into a never before lived-in apartment with all the latest and most fabulous finishes and appliances. However, you still need to scrutinize the condo. You are bound to find issues that you will want to take care of before moving in, […]

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New Development Closing Costs in NYC

Sep 29, 2022 ,,,,,,,,

If you are buying in a new development or a conversion, watch out – the new development closing costs NYC buyers pay can be significantly higher than buying other existing apartments in the city. Most buyers don’t know that there are additional points to be negotiated. It’s like Vegas, if you fail to ask for […]

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What is a sponsor unit? 

Jan 24, 2020 ,,,,,,,

What is a sponsor unit?  A special category of apartments in New York City are called “sponsor units.” Basically, a sponsor unit in a condo building is a residence that has been owned by the developer and it’s going up for sale for the first time. Or in the case of a co-op, it is […]

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NYC Co-ops, Your Buying Power and Your Values Aligned

Jan 24, 2020 ,,,,,,,,,,,,

We have all heard of food co-ops and thing they are good but do we know why? and what actually is  a food co-op? Wikipedia says: “A food cooperative or food co-op is a food distribution outlet organized as a cooperative, rather than a private or public company. Food cooperatives are usually consumer cooperatives, where the decisions regarding the production and distribution […]

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Open House Tips for Buyers

Jun 13, 2018 ,,,,,,,,,,

We have shared our thoughts and ideas in the past for sellers staging their homes for an open house (see our blog post 5 Tips on Staging Your Home) but now we’d like to talk about the other side of this process, attending an open house. For first-time home buyers especially this may be a bit […]

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Pre-Qualification vs. Pre-Approval by Jane Herro

Feb 20, 2018 ,,,,,,,,,,

When it comes to the home-buying process, a key part of the equation is being ready. A common misstep that people make at the beginning of their search is not being ready with a pre-approval letter, but instead a pre-qualification. A pre-qualification is based on non-verified information provided to the mortgage broker by the applicant […]

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Open House Safe Word by Jane Herro

Jan 25, 2018 ,,,,,,,,,

Sunday to you may mean brunch. Sunday to me means hitting up open houses around Brooklyn. I can already feel the 2018 sales market heating up and when you’re slated to view 8 apartments in a 3 hour span in 5 different neighborhoods, you have to be strategic in your approach. Enter the open house safe word, […]

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