THE APPLE, PEELED
MOST RECENT ARTICLES
ESPINAL ADLER Marketing Director Builds Team’s Brand Across Multiple Platforms
Cortnie Schultz is the proprietary Marketing Director for the ESPINAL ADLER Team. She started with the team in January of 2018 after moving to NYC from Florida. She has been in the real estate industry for 10 years, with a background in multi-family, low-income and...
Is New York City Real Estate Immune to the Coronavirus?
Thousands of Douglas Elliman agents gathered at the Ellie awards at Mohegan Sun on March 3rd and 4th, but because of the Coronavirus, people there weren’t always sure how to greet one another. We saw elbow bumps and air kisses and even a few old-fashioned hand shakers...
Who is to Blame When a Mortgage Application is Declined?
The vast majority of mortgage applications get approved, especially when they’re taken by an experienced loan officer who conducts a thorough review of the loan package before it’s submitted. In this month’s Mortgage Minute we uncovered some of the reasons...
AT THE CORE
Inside Info on Investing in NYC Real Estate from Past Investors
What’s it like to purchase an investment property in New York? In this month’s At The Core, we interview our very own past clients, taking a deeper dive into their personal experiences of buying and owning a NYC investment property. A few years...
Calling in Sick: An Evil Dilemma
Calling in sick is so much harder than it should be. It’s because we’re conditioned to feel guilty about not showing up to work. In fact, studies show that 78% of the time, your co-workers are at least “somewhat suspicious” of you when you’re out sick. 83% of...
At the Core of the ESPINAL ADLER Team: Our People
In our 'At the Core' section, we typically consider how our morals and values and our thoughts and ideas intertwine with the way we conduct ourselves within the context of the real estate industry. It's a peek inside our collective mindsets. But as we wrap up 2019,...
Analysis Paralysis
There’s a wicked strain of Analysis Paralysis going around. We’re coming up on an election year. We’re in the middle of an Impeachment inquiry. The economy is all over the place. And absolutely EVERYTHING is subject to change depending on how the dust settles. When...
Good Karma
Our team spends a lot of time talking about how our values align with one another. We believe those values can be intertwined with the way we conduct our business. Do the next right thing and Karma will look favorably upon us. Most people think karma is a faith-based...
Property Taxes, Common Charges, and Maintenance Fees: What Impact Do They Have on Value?
At some point in this edition of At the Core, there will be a small plot twist, but you’ll have to read at least half the story to find out exactly where. And at that point, even if you’re not fully invested, you’ll already be that far down the page, so you might as...
ASK THE EXPERTS
Investment Property FAQs: What You Need to Know
Wise investment options exist in every real estate market, but what are they exactly? ESPINAL ADLER Team partners Marie Espinal and Jeff Adler identify and answer all the questions that matter when purchasing an investment property, but more specifically in New York...
Deep Undercover, Spying on the Mortgage Process
The Apple Peeled Question: What on earth is happening behind the scenes after you’ve completed your mortgage application and you’ve sent in all of your supporting documentation? Why does it so often take 45-60 days to get through the mortgage process? Jablonski: It’s...
How Purchase CEMAs Help to Read the Market
In this month's Ask the Experts article, Attorney Michael Xylas talks with us about purchase CEMAs and “splitters” and what it means in the context of New York City’s real estate market. A couple of months back, clients of ours agreed to purchase a condo unit in a...
Tax Season is Almost Upon Us. It’s Time to “Brush up”
Shawn Henderson, a Certified Public Accountant and Senior Manager at Withum Smith and Brown in Princeton, NJ provides detailed responses to our team’s and clients' most commonly asked tax questions. Apple Peeled Question: There was so much uncertainty after the Tax...
Analyzing NYC Real Estate, Qualitatively with Jeff Adler
Apple Peeled Question: When describing the Espinal Adler Team, we always say that Marie is quantitative, and Jeff is qualitative. I think for most people, it's easier to identify the things that fall under the umbrella of quantitative. But, it's almost as if anything...
The Art of NYC Real Estate Negotiation with Marie Espinal
In our “Ask the Experts” section this month, The Apple Peeled asked The ESPINAL ADLER Team’s very own Marie Espinal to share her insights into modern-day, New York City real estate negotiating. The Apple Peeled Question: Of all the qualities that go into being a...
MORTGAGE MINUTE
WITH MATT JABLONSKI
Mortgaging an Investment Property
Financing an investment property isn’t exactly the same as getting a mortgage for your own home - the rules are different and so are the rates and fees. In this month’s Mortgage Minute, we take a look at what the differences are and how you can get the most out of...
What About Bob? with Matt Jablonski
Do you know how I know that the mortgage process is a complete mystery to so many people? It’s not just because I was a loan officer for 15 years and I could hear that in the voices of so many clients. It’s mostly because I still have horrible visions from the day I...
In Sales Authenticity Eviscerates Anxiety
A mortgage loan officer has two full-time jobs. At their desk job, they manage a pipeline of active mortgage applications. It’s a job with a lot of paperwork, a little bit of math, some analysis and problem solving, along with the ability to understand and adhere to...
The Priceline.com Effect with Matt Jablonski
I left the mortgage industry this February, after 15 long years as a loan officer. There were many reasons why I left, but I wanted to write about the one I call the “Priceline.com Effect.” I have nothing against Priceline.com. In fact, I use the app quite a bit. If I...
Tax Returns & Your Income vs. Obtaining a Mortgage
Obstacle: You’re self-employed and your most recent year of tax returns show significantly more or significantly less income compared to the previous year. Why it’s an obstacle: When you borrow an amount that is considered a jumbo mortgage (north of $726,525 in NYC),...
Getting Pre-Qualified for a Mortgage = Basic Algebra
Written by ESPINAL ADLER Team's Real Estate Finance Specialist, Matthew Jablonski. About ten years ago, a very angry real estate agent with a slightly bruised ego screamed at me on the phone. I was a loan officer at the time and I had given our mutual client a...