Real-life buyers on the mistakes they made and what they learned from buying in NYC for the first time

April 6, 2017 By Lucy Cohen Blatter As the adage goes: Live and learn. But in New York City, you could easily tweak it to “buy and learn.” Purchasing property here is an expensive and challenging proposition, and the only people who can give true, concrete advice are those who’ve gone through it. Below, first-time NYC buyers share ...

What they’re reading now

By: Adam Warner November 1st, 2015 Insights from the desks of Richard Grossman, Steven Hidary and Bertrand de Soultrait Richard Grossman Executive vice president and senior managing director, Halstead Property What book did you recently finish? I recently finished “The Three Laws of Performance” by Steve Zaffron and Dave Logan. What spurred you ...

Love It and Lease It: Rent-to-Own Luxury Homes

By: Anya Martin September 9, 2015 Signing a lease option helps jumbo-mortgage borrowers save for a higher down payment, get their credit history in order and lock in on their dream-home purchase Illustration: Chris Gash A rent-to-own luxury home may help potential homeowners buy some time before it’s buying time. For potential jumbo-mortgage borrowers, ...

Ask these 3 questions to score a discount at the checkout

By Dana Dratch Think that sticker price is a fixed number? Not necessarily. Bargaining isn’t just for flea markets, garage sales and car lots anymore. Even in your favorite retail store, knowing how to ask can sometimes score you an extra discount.                                   Here ...

Real-Estate Matters: Seller should have disclosed failing septic system

Q: Would the title company find out if a septic system was put into my home illegally before closing? The owner lied at closing about the original system. He never got a permit or engineering done for it. Neither the real-estate agent nor my attorney told me the house failed the water inspection, and during the final walk-through I didn’t know to ...

Finding The Uncommon Deal Trailer

How Much Home Can You Buy With Your Income?

Miller Samuel President and CEO Jonathan Miller discusses the U.S. housing market. Bloomberg Intelligence’s Carl Riccadonna also speaks on “Bloomberg Surveillance.” (Source: Bloomberg)    

Love at First Sight

Love at First Sight Frederick Peters  |  President, Warburg Realty Real estate is a love-at-first-sight business. More often than not buyers respond viscerally one way or another within 30 to 60 seconds after they walk into a property. The subsequent 20 to 30 minutes of the showing either bolster or contradict that initial impression, but it ...

First-time Home Buyer’s Guide

Buying a home is a big deal. Too often, I think people rush into home ownership because it’s seen as a sign of adulthood and financial responsibility. But owning a home is a big commitment, it’s not a guaranteed good investment, and it’s a truckload of work. (I’ve been a homeowner for only two years and I already have a growing list of things ...

U.S. pending home sales fall by most in more than three years in September

(Reuters) – Contracts to purchase previously owned U.S. homes fell by the most in more than three years in September, a sign that a softer economy and a rise in mortgage rates are hurting the country’s housing market. The National Association of Realtors said on Monday its Pending Homes Sales Index, based on contracts signed last month, ...