Monthly Archives: June 2008

Access Is Key to Selling Your Property Quickly!

Posted on June 24, 2008 by Elaine

There are over 3,500 properties for sale in Brooklyn on the local MLS alone, and that number doesn’t include FSBOs and properties for sale that never make it to the MLS.  Competition right now is fierce, so if you want … Continue reading →

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Brooklyn Short Sales – What is a Short Sale?

Posted on June 12, 2008 by Elaine

“What exactly is a short sale?” you ask.  A short sale is when a lender willingly forgives part of a debt owed on a house.  Or in other words, the bank is shorted some of the money they are owed. … Continue reading →

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I’m Buying a Co-op. What Exactly is a Recognition Agreement?

Posted on June 1, 2008 by Elaine

One thing that’s important to understand when you’re buying a Co-op apartment is that you are not purchasing Real Estate, you are purchasing shares in the Co-op Corporation.   The allotted shares represent the unit you are going to move into. In … Continue reading →

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