Archive for August, 2008

August 24, 2008 Brooklyn’s new construction condominiums may cause real problems

By: Daniel Gershburg, Esq.
First the good news from this Brooklyn Real Estate attorney:  Many new condominiums in downtown Brooklyn are realizing that the Real Estate market is not what it once was and are offering a myriad of concessions including paying transfer taxes, saving potential purchasers thousands of dollars in closing costs.
Now the bad news:  [...]

August 13, 2008 When you shouldn’t buy your dreamhouse

By: Daniel Gershburg, Esq.
Looking to purchase your first home in new york city? Are you looking for a mortgage in Brooklyn?  Lets face it.  Everyone gets caught up in the moment when they are looking to purchase their first home in New York.  The idea of ownership, culminating from several years of saving up funds [...]

August 5, 2008 How a TV warranty can cost you $50,000 in home ownership costs.

By: Daniel Gershburg, Esq.
The title of this article is meant to be attention grabbing, but it is in fact true.  How is that possible you ask?  In order to answer that question, we need to have a small discussion about credit scores and their relation to mortgage rates.
As you undoubtedly constantly read and hear, your [...]