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Tip #21: Investment Property Criteria

By |2022-01-21T14:10:03-05:00April 25th, 2017|Tip of the Day|

Investment Property Criteria Are you an investor looking to purchase property in the Manhattan or Brooklyn neighborhoods? Are you unsure of how to properly evaluate a property that may interest you? Here are some investment criteria tips to review when analyzing a deal: Cap Rate - What is the capitalization rate for the specific property?

Tip #20: Advice for Gold Coast Buyers

By |2022-01-21T14:10:03-05:00April 25th, 2017|Tip of the Day|

The Connecticut Gold Coast It seems almost every state has a Gold Coast location. In this article, we are going to specifically refer to the Connecticut Gold Coast. This area encompasses Lower Fairfield County or Southwestern Connecticut, but not limited to the Connecticut Panhandle. It is roughly 50 miles from Manhattan. If  you are from

Tip #19: What is a Gold Coast Buyer?

By |2022-01-21T14:10:03-05:00April 25th, 2017|Tip of the Day|

What is a Gold Coast Buyer? A Gold Coast buyer is a purchaser from the "Gold Coast" regions of Connecticut. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut Panhandle, is a region of the state of Connecticut, United States, that includes the entire southern portion of Fairfield

Tip #18: What is a Pied a Terre?

By |2022-01-21T14:10:03-05:00April 25th, 2017|Tip of the Day|

What is a Pied a Terre? Individuals and couples from all over the world dream oh having a residence in New York City. Whether they know the exact terminology or not, they are essentially referring to a Pied a Terre Apartment. A Pied a Terre is typically a smaller, non-primary residence that an owner used

Tip #17: Staging an Apartment

By |2022-01-21T14:10:03-05:00April 25th, 2017|Tip of the Day|

Staging an Apartment When representing an exclusive sales listing, it may be wise to stage an Apartment. If staged properly and efficiently, the seller may be able to obtain a higher purchase price for the sale of their property. Every seller has a different goal in mind. Some want to maximize the purchase price and

Tip #16: Listing Agent Strategy

By |2022-01-21T14:10:03-05:00April 25th, 2017|Tip of the Day|

Listing Agent Strategy Choosing a listing Broker is critical to the sale of your property. If your looking to sell a property, an experienced Broker should use a variety of strategies to market your listing. There has always been the debate of how to market a property and whether a large or small Brokerage Company

Tip #15: Board Application Documents

By |2022-01-21T14:10:04-05:00April 24th, 2017|Tip of the Day|

Board Application documents If you are purchasing a Co-op in Manhattan or Brooklyn, a very comprehensive board package will need to be prepared when submitting your application to the board. Alternatively, if you are purchasing in a Condo, certain documentation will need to be presented, but the process will not be as thorough. When presenting

Tip #14: Going Direct

By |2022-01-21T14:10:04-05:00April 24th, 2017|Tip of the Day|

Going Direct in a Transaction Negotiating both sides of a Real Estate transaction can be quite challenging. Often times it is very difficult to represent both the buyer and the seller. A Broker or Agent must disclose to both parties if they are negotiating for both sides. Here are some reasons why going direct to

Tip #13: A Mortgage Appraisal

By |2022-01-21T14:10:04-05:00April 24th, 2017|Tip of the Day|

A Mortgage Appraisal If you are purchasing a home, you will either pay all cash or take out financing from a Bank. Whether the Bank you choose is Wells Fargo, Chase, Capital One, Quickent Loans, Bank of America or some other enterprise, every lender will require an appraisal for your property to verify the value

Tip #12: Buyers Representation

By |2022-01-21T14:10:04-05:00April 24th, 2017|Tip of the Day|

Buyers Representation When purchasing Real Estate, a buyer has two options. The buyer can either work exclusively with a buyers agent that fully protects them or they can work directly with the sellers agent, which has a fiduciary responsibility to the seller. Working with an exclusive buyers representative can be critical for a number of