Tag

view-break

Getting the CMA** ” and the Lender’s Appraisal ” Right: Big Adjustments = Dubious Adjustments

He Who Adjusts Least Adjusts Best” When it comes to pricing a home off of Comp’s (“Comparable Sold Properties”), the trick is to minimize both the number and absolute magnitude of the adjustments. The ideal would be a condo identical to its peers in every respect ” floor plan, size, condition, location, market conditions, etc....
Read More

(Manhattan) Real Estate Term of the Day: “View-Break”

How Big a Premium for Higher Floors? If Eskimos supposedly have 38 words for snow, leave it to New Yorkers to coin the most and best words for anything relating to skyscrapers, views, and the like. Words like “view-break,” defined as: “The price-point at which views in a building clear the treetops or crest above...
Read More

Getting the CMA** ” and the Lender’s Appraisal ” Right: Big Adjustments = Dubious Adjustments

He Who Adjusts Least Adjusts Best” When it comes to pricing a home off of Comp’s (“Comparable Sold Properties”), the trick is to minimize both the number and absolute magnitude of the adjustments. The ideal would be a condo identical to its peers in every respect ” floor plan, size, condition, location, market conditions, etc....
Read More

Getting the CMA** — and the Lender’s Appraisal — Right: Big Adjustments = Dubious Adjustments

“He Who Adjusts Least Adjusts Best” When it comes to pricing a home off of Comp’s (“Comparable Sold Properties”), the trick is to minimize both the number and absolute magnitude of the adjustments. The ideal would be a condo identical to its peers in every respect — floor plan, size, condition, location, market conditions, etc....
Read More

(Manhattan) Real Estate Term of the Day: “View-Break”

How Big a Premium for Higher Floors? If Eskimos supposedly have 38 words for snow, leave it to New Yorkers to coin the most and best words for anything relating to skyscrapers, views, and the like. Words like “view-break,” defined as: “The price-point at which views in a building clear the treetops or crest above...
Read More

Archives