![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhntkpW9UqP-UOSfunKZGmVxLarwdNSPm2HKUVnTTkw939Cdov1JpVMVXn7bufXU2Vvn9h4FgNHusHnu8-aH_LhHlDstXpIsp16vMk3XWmupU_sy8RHbLadDt0YEU4kBVU3veOzZYbUmFo/s200/Floorplan.jpg)
Friday, June 22, 2007
The Jetson's Floorplan...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhntkpW9UqP-UOSfunKZGmVxLarwdNSPm2HKUVnTTkw939Cdov1JpVMVXn7bufXU2Vvn9h4FgNHusHnu8-aH_LhHlDstXpIsp16vMk3XWmupU_sy8RHbLadDt0YEU4kBVU3veOzZYbUmFo/s200/Floorplan.jpg)
Thursday, June 21, 2007
Are people really willing to pay $1,953 s/f?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVVRCo4AmIKGKM-mxclzbzD6nEOrGftKXBo0Dtj8eWS8DXTGFWrTLCBoicBjAd4wMwfFzkCNV55eMNSuwiuynv_MgySGLCUjtNXJnKtcuVhcFwZrz5eqiqno7Hs0ZR3xFfpG3LCllOR4M/s200/The+Lucida.jpg)
Thursday, June 14, 2007
“I’ll have Johnny Walker… Blue Label”
Authored by Matthew Knee (Guest Author)
Labels:
architecture,
interior designer,
new development
Tuesday, June 12, 2007
South Beach comes to South Manhattan...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkPC5KQeKKTmETng7ifBGq-BLN39xkAuMfQRNrL7PrXRmCdgTnCQh7elM1jQFeKDqCdJiiMmIfZ3txORx9ht-VzOJsRZPMuRPsMlUNwpyOUazWIhoKd5BywjrzX6_UunZYZblrmDoisBM/s200/Setai_NY.jpg)
For more information, visit http://www.setainy.com.
Monday, June 11, 2007
Left the A/C on? No problem! Deactivate it remotely...
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEghD5j-Lxd_Qa1D0-bGcRLpVwYai26bdLHL7l3SO71eQYnvfU0aykw2cSlTWDUpLGppdMhO0ttzExLB6hS2QKx_ToIMXWzVJX8Z8LQaTKRiFl9t85xHEWcvoK_CU2eXeh4byHUWoImT4h4/s200/Touch_Panel.jpg)
And you thought Bill Gates had all the fun in his hi-tech residence! Stay tuned for more "technomenities"...
Thursday, June 7, 2007
Mortgage Contingency Clause Got You Down?
First, a little bit about the mortgage contingency clause. A "mortgage contingency clause" is a provision in the home purchase contract that says that if the prospective buyer can’t get a mortgage within a fixed period of time, s/he can call the whole deal off. In other words, the agreement is conditional on the buyer being able to obtain a mortgage on the property.
Given the current seller's market, it is assumed that the buyer will waive the mortgage contingency clause, forfeiting their down payment if they can't get a mortgage. If this has you worried, take comfort in that you're not alone and there is a workaround!
If you have a great mortgage professional, they can "rush" the appraisal of the property and produce a commitment letter within 24 hours of receiving the appraisal report - this all happens before contracts go out to the buyer's attorney. At that point, the mortgage contingency is a moot point and can be waived with the confidence that you are guaranteed a mortgage for a proper amount. As always, consult your attorney and mortgage professional before heading down this road, and make note that this workaround isn't recommended when there are multiple bids on the table (a.k.a. "bidding war"), as the seller will likely entertain the offer that waives the mortgage contingency without any "headaches."
Friday, June 1, 2007
"I have a blue house with a blue window...I'm blue (da ba dee)"
There's no doubt about it, when friends and family visit for the first time, it'll elicit a, "Wow." The question is, will it be a good "wow!" ("Very cool!") or a bad "wow" ("You live in that thing?")? For more information, visit http://www.bluecondonyc.com.
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