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Gemini- I know a contractor who has told me most of his work these days is in new construction- doing repairs. Leaks, deterioration, crumbling facades. Dave i right- look at their record.
Why not G10? What do you have to lose? The worst they’ll do is refuse your offer and not counter. Happened to me this summer on a greatly overpriced co-op. I made a strong and serious offer, but well below ask (about 20%); the seller, who has never occupied the apartment, wouldn’t counter, and it’s been sitting on the market for 13 months and counting with no price reduction. I’m patient. I can wait. Or I’ll find something else. As I said, you have nothing to lose.
it can’t hurt gemini. If you like it. That said, read the thread today on the woes of the new development in Williamsburg. I reiterate my rant…Do Not buy into a new development unless the developer has a long record of sound buildings. I think that generally speaking, condo conversions of old buildings face far fewer potential structural issues. A lot of these issues are things that will not be evident to an inspector like the seals on windows deteriorating, roof leaks that occur after a year or the curtain wall of the building (facade) starting to fall offf or settling issues
ok now I get kibitzing.. Holding any investment long term is crazy.Unless you do your homework and think the investment is still a smart one.. 401K’s are a good tool for tax purposes and for a good retirement..But mutual funds are not allowed to hedge.. I think in this market it is a must… ASK DIBS WHO RUNS A HEDGE FUND…
ok so hubby and I went to check out a condo open house in Park Slope and were told by the brokers that the developers were entertaining ALL offers. The broker is like – “put in any offer and the developer will consider it” -Ps the bldg is more than 50% full
so that being said – should I offer a price that’s $150K off what they are asking – it’s a 2br in the mid 600K range
Gemini- I know a contractor who has told me most of his work these days is in new construction- doing repairs. Leaks, deterioration, crumbling facades. Dave i right- look at their record.
HR;
Okeee-dokeee!
Why not G10? What do you have to lose? The worst they’ll do is refuse your offer and not counter. Happened to me this summer on a greatly overpriced co-op. I made a strong and serious offer, but well below ask (about 20%); the seller, who has never occupied the apartment, wouldn’t counter, and it’s been sitting on the market for 13 months and counting with no price reduction. I’m patient. I can wait. Or I’ll find something else. As I said, you have nothing to lose.
it can’t hurt gemini. If you like it. That said, read the thread today on the woes of the new development in Williamsburg. I reiterate my rant…Do Not buy into a new development unless the developer has a long record of sound buildings. I think that generally speaking, condo conversions of old buildings face far fewer potential structural issues. A lot of these issues are things that will not be evident to an inspector like the seals on windows deteriorating, roof leaks that occur after a year or the curtain wall of the building (facade) starting to fall offf or settling issues
ok now I get kibitzing.. Holding any investment long term is crazy.Unless you do your homework and think the investment is still a smart one.. 401K’s are a good tool for tax purposes and for a good retirement..But mutual funds are not allowed to hedge.. I think in this market it is a must… ASK DIBS WHO RUNS A HEDGE FUND…
ok so hubby and I went to check out a condo open house in Park Slope and were told by the brokers that the developers were entertaining ALL offers. The broker is like – “put in any offer and the developer will consider it” -Ps the bldg is more than 50% full
so that being said – should I offer a price that’s $150K off what they are asking – it’s a 2br in the mid 600K range
“suspect it’s just a rest stop on the highway to Gay Town”
Ha!
“WHAT IS KIBITZING”
I always thought it was understood more as “joking around”.
“Long term investing has killed many investors.. ”
HR;
Would you please explain how so?