by gchowdhury | Jan 23, 2019 | Buyer Tips, Fred's Blog, Uncategorized
How much does it cost each year to live in New York? For apartment owners, that answer contains two elements: what you pay to buy the place and what you pay each month to carry it. These two factors, in theory, exist on a sliding scale to one another relative to other...
by gchowdhury | Sep 11, 2018 | Buyer Tips, Tips & Strategies
A co-op is a corporation which you by shares of. In this houseing arrangement you don’t technically buy or own property. Instead, you own shares of a corporatoin, which in turn owns all of the property. The number of shares you own equates to your physical...
by gchowdhury | Jun 25, 2018 | Buyer Tips, Fred's Blog, Seller Tips, Tips & Strategies
Warren Buffett famously said (and I am paraphrasing here) that he likes buying when people are nervous, but that he gets nervous when people are buying. Whether it’s stock or real estate, most consumers tend to freeze when the numbers descend instead of ascending. We...
by gchowdhury | Jun 11, 2018 | Buyer Tips, Seller Tips, Tips & Strategies
If you’re like most people, including most real estate agents, you’ve probably never heard of a CEMA. It’s one of those fun technical terms you would expect to read about in a text book and have very little real world effect. A CEMA is Consolidation,...