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Manhattan Weekly Market Update - September 17, 2021 - Where are we now? A 10-year look at Manhattan Real Estate

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DO YOU HAVE QUESTIONS? LET US HELP YOU!  Fernando & Team Fernando Branco , GRI, ABR, CNE PRINCIPAL BROKER Residential Real Estate Commercial Sales & Leasing  Graduate Realtor Institute (GRI)  Accredited Buyer Representative (ABR)  Certified Negotiator Expert (CNE) Fernando Branco Realty 162 Huntington St, Ste 1R, Brooklyn, NY 11231 c: (212) 321-0115 e: Team@fernandobrancorealty.com Working by referral. Let us help you find a home too!! Fair Housing - Agency - Covid19 Disclosures

Brooklyn Weekly Market Update - September 13, 2021 - Supply remains flat as new listings kick higher - Pending sales ticks higher from holiday dip

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Common Client Question: Hey Fernando, now that we have an accepted offer what is the next step? My Banker wants the signed accepted offer!

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Good morning, Eric.  In Manhattan, there’s no signed offer.  The deal-related docs (with the terms of the offer and Condo docs) were sent to both seller’s and your attorneys.  The seller’s attorney will prepare the first draft of the contract and send it to your attorney (Steve Ebbin & Diana Umansky).  Meanwhile, Steve & Diana will start the due diligence work, looking through the Condo’s offering plan, financials, etc., to make sure there are no major issues, pending litigation, and/or anything else that could be a potential risk for you as a new owner.  Steve & Diana will also negotiate clauses in the contract to protect your (buyer's) interests.  Once Steve & Diana finish their due diligence work and the contract negotiations, they will present you their findings and give you the negotiated contract for you to sign (likely Electronically) since you’re not in NYC.  At that point, you will make your deposit (likely via a wire) of 10% of the purchase price.  The sig

Manhattan Weekly Market Update - September 10, 2021

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Mortgages for Teachers and First Responders

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Mortgages for teachers and first responders   Written by   Zach Wichter Aug. 2, 2021 / 2 min read   Edited By   Bill McGuire Share this page At Bankrate we strive to help you make smarter financial decisions. While we adhere to strict  editorial integrity , this post may contain references to products from our partners. Here’s an explanation for  how we make money. A new bipartisan bill in the House of Representatives, called the HELPER Act (or Homes for Every Local Protector, Educator, and Responder) aims to help teachers and other first responders who kept things going during the height of the COVID-19 pandemic by providing them with a one-time, down payment-free  mortgage . The bill still has a way to go before possibly being enacted, but if it is passed, here’s what it could mean for those covered by the legislation. We also have information on existing programs for people in these professions. What is the HELPER Act? The bill would create a one-time home loan program under the Fed

It's not only the outside temperature that is HOT in Manhattan!! - Manhattan Weekly Market Update - August 13, 2021

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Aug 9th, 2021 - Weekly Brooklyn Market Update In Brooklyn, negotiability at the time of the deal is hitting new lows, as supply continues to fade at a faster pace than demand, and pending sales lower a bit from the recent record-high levels.

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