Team members never know the questions in advance, and they’re never told that they’re being interviewed until the moment of the interview. Once asked, they are given up to 60 seconds to think about and answer each question. These are their candid answers, surely the...
Apple Peeled Question: Do New York City real estate negotiations ever get contentious? Are they always professional? Espinal: They 100% can get contentious. What is most unrealized both on the sell side and the buy-side, what’s just as important as your negotiation...
Question #1: From a qualitative standpoint, what is something that home buyers don’t think about enough during their search for a home? Adler response: The age and quality of the finishes and appliances. They don’t think about that enough. Which is why it’s good to...
Since the start of the pandemic, mortgage lenders in New York City have tightened their guidelines making it more difficult to qualify for mortgage financing on a property located in any of the 5 boroughs. The Apple Peeled reported on this extensively in the closing...
Hypothesis: A buyer’s access to mortgage financing in a specific building, (condo or co-op), has a direct impact on the value of every single unit in that building. We’re confident in that assessment, even though we can’t necessarily quantify the impact. Maybe nobody...
Things We Heard When We Put Our Ears to the Ground: Mortgage Guidelines are tightening up Chase this week planned to reduce the maximum Loan to Value (LTV) down to 70% on all its jumbo mortgage products for properties in New York City. That means, if you plan to...
