The Next Move Team - NCY Real Estate Experts for Baby Boomers / Seniors Real Estate Needs

WHEN IS A COMMITMENT LETTER NOT A BANK COMMITMENT: WHEN THE PURCHASER FORFEITS THE DEPOSIT BECAUSE OF IT   All real estate agents and purchasers beware!! In residential real estate transactions where financing is involved and the contract of sale is contingent on the purchaser's ability to obtain financing (of course there are transactions which allow the purchaser to obtain financing that do not provide for a contingency), it is imperative the purchaser and the buyer's agent understand the complexities of the mortgage clause in the contract of sale.   The purchaser has been pre-approved by a lender and the transaction is well on its way to a successful conclusion depending on the application review by the cooperative corporation or condominium board of managers, if applicable. True to her word, the lender issues a commitment within forty-five days of the contract execution. Unfortunately for the purchaser, seller and the real estate agents, the commitment is anyth...

Here are your New Year’s Eve street closures for Times Square Everything you need to know about the ball drop Where to watch New Year’s Eve fireworks in NYC Four alternatives to spending New Year’s Eve in Times Square or stuck at home. Downtown Brooklyn may sprout 942-foot tower The development as planned would be the densest in Brooklyn. Historic Clinton Hill carriage house with massive backyard wants $3.4M The three-level home, located at 314 Waverly Avenue, could use a modern makeover, but there’s plenty to work with. 4 open houses in Clinton Hill to check out this weekend If your’e looking to buy in the neighborhood, here’s a few places worth considering Here are your New Year’s Eve street closures for Times Square Everything you need to know about the ball drop Everything you need to know about getting around NYC this New Year’s weekend Major changes coming to New York’s streets, subways, buses, and more THINKING ABOUT SELLING AND/OR BUYING IN...

The most beautiful NYC homes of 2018 When it came to beautiful listings this year, New York City did not disappoint. From celebrity homes to historic townhouses to opulent penthouses, these are the 10 homes that made us say "wow!" in 2018. NYC’s best new architecture of 2018 Take a trip through the year in architecture 432 Park’s 95th-floor penthouse now split into two $41M listings The 95th-floor penthouse first appeared in 2016, asking $82 million; now, it's returned as two apartments. Billionaire producer Sidney Kimmel lists expansive Central Park South spread Billionaire philanthropist and film producer Sidney Kimmel, who cultivated his fortune as the founder of Jones Apparel Group, has  listed  his full-floor apartment at the Ritz Carlton Residences on  Central Park  South for $39.5 million NYC’s 20 most expensive homes sold in 2018 Unsurprisingly, every single home on this list is in Manhattan.

Manhattan Buyers, Rejoice   Last quarter, prices in Manhattan dropped substantially, while inventory levels soared. Translation: The market looks favorable to buyers. See our picks under $750K here.      Manhattan Home Prices Drop      Manhattan Home Prices See Largest Drop Since the Financial Crisis By  Emily McDonald Oct. 25, 2018 The Q3 2018 StreetEasy Market Reports show a historic drop in Manhattan home prices. As summer came to a close, dynamics in the NYC real estate market continued to pivot in favor of buyers, particularly in Manhattan. The StreetEasy Manhattan Price Index  [i]  dropped to $1,142,742 in the third quarter of 2018, a decrease of 1.8 percent, or $20,597, since last year — marking the largest annual dip in prices since the financial crisis  [ii] , according to the Q3 2018 StreetEasy Market Reports  [iii] . In addition to the decline in prices, for-s...

It's 'time change' time. Get set to move your clocks back an hour this weekend By  Doug Criss , CNN It's 'time change' time. Get set to move your clocks back an hour this weekend Play Video Why fall back?   01:25 Everything you need to know about the 2018 NYC Marathon The TCS NYC Marathon is coming—here’s all the details on route, street closures, subway changes, and more A guide to NYC's midterm elections When to register to vote, how to find your polling place, and more. Here’s how to watch the NYC Marathon from your own couch If you’re not up to venturing out, here’s how you can catch up on all the action. Q3 2018 Highlights The NYC real estate market continued to pivot in favor of buyers in Q3.    READ FULL REPORT