Watch the Video to Get Tips From Brownstoner Webinar 'Advanced Home Buying Techniques'

“The pandemic discount is over,” said Nicole Fishman, founder and CEO at NestApple, a licensed real estate brokerage firm, during the webinar “Advanced Home Buying Techniques in Brooklyn.”

“And it’s a seller’s market. Rents have gone up so much that tenants, frustrated and caught off guard by that, are now jumping into the market and becoming buyers.”

You can watch the webinar here:

Fishman spoke about the buyer rebates offered by her firm. “From whatever commission I receive as your broker, I give you back two-thirds of it,” she said. “Anyone can benefit from it, any buyer. We don’t limit it, and there’s no prerequisite. The minute you buy with us, you get two-thirds of our commission back.”

Also on hand was Michael Shampan, attorney at Belkin, Burden, Goldman LLP, who spoke about the benefits of buying as an LLC. “One benefit is privacy. When you buy a property, a deed gets recorded, and transfer tax documents, a mortgage, and your individual information will show up on the New York City records. So one way to shield that is by buying under an LLC.”

Also present was Eli Sklar, mortgage lender at loanDepot, who described the “four legs of a table” — what buyers need to qualify for a mortgage loan. “Credit, income, assets and collateral,” he said, adding that minimum credit-score requirements can range from 580 to 740. “And W-2 income wage earners are always the best treated preferentially by lenders, because it’s easier to qualify.”

The webinar was sponsored by NestApple; Belkin, Burden, Goldman LLP; and loanDepot.

To learn about sponsorship opportunities for Brownstoner Webinars, please get in touch here.