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Foreclosure Alternative: Fannie Mae's Deed for Lease Program

True Gotham -- Chris Thorman at SoftwareAdvice.com sent me his latest post this AM: Own to Rent: Breaking Down Fannie Mae’s Deed for Lease Program. That's correct, the title reads "Own to Rent," not at all the rent to own scenario of which so many are already familiar. The Federal National Mortgage Association, more commonly known as Fannie Mae, recently announced a new program designed to keep m...     11-20
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Buying or Selling a Manhattan Co-op: From Contract to Closing

True Gotham -- The impetus for this post is a question that was recently asked of me from one of my sellers. They are in the early stages of selling their Manhattan co-op and have simultaneously bid on a house outside of the city. The seller wanted to know precisely when we will have confirmation that her current apartment is sold to give her confidence in proceeding with their purchase. The answer: You will kno...     11-08
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More on Confusing Housing Numbers from FoxBusinessLive

True Gotham -- I had the pleasure of joining Tracy and Chris on the Noon edition of FoxBusiness.com Live today to discuss recent housing numbers that continue to confuse. August home sales up 1% and September sales down 3.6% when an anticipated uptick of 2.6% was expected. It is all very confusing and I still maintain that these macro numbers are incredibly inaccurate when discussing a specific region and even m...     10-29
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Managing Agents, Co-ops and Condos Going Green

True Gotham -- Not soon enough for me, but it seems that the Manhattan real estate market is becoming less of a paper wasteland.Finally managing agents and co-op/condo boards are taking into consideration the ridiculous amount of paper that is being wasted in the application and home sales process.In the past 2 weeks, we have had multiple attorneys thank us for sending them offering plans, financial statements, ...     10-29
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Real Estate Video is About the Real Estate, Not the Ego

True Gotham -- Video still isn't killing the virtual tour star but it is gaining considerable steam. The once averse Manhattan real estate market is now more frequently embracing real estate video as a powerful marketing tool to transparently represent and efficiently sell homes. But unlike many housing markets across the country where MLS rules disallow agents actually appearing in these videos, Manhattan, choc...     10-15
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