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Neil Garfinkel’s Real Estate Blog

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The Real Deal - A House Divided

December 13th, 2011

In this month's issue of The Real Deal, Neil Garfinkel is referenced in an article that outlines the complicated relationships between brokers, sellers, and buyers.  Since the 2009 ruling in lawsuit Douglas Elliman LLC vs. Tretter, the usage of new disclosure forms - drafted by REBNY with the involvement of Neil serving as residential counsel - have gained significance for real estate agents.  Click here to read the entire article.

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NYTimes - Loans for Multifamily Homes

December 12th, 2011

Neil is referenced in a New York Times Real Estate article highlighting possible unforeseen difficulties in qualifying for mortgages on rental units, as opposed to single family residencies.  Click here to read the full NYTimes article.

Category: Real Estate - Residential · Mortgages · Co-ops and Condos · Real Estate Brokers · REBNY · Articles | 0 Comments | *****(0 ratings)

Real Deal - Proposed NYS real estate ad rules stir debate

December 2nd, 2011

Neil Garfinkel is quoted in this week's issue of The Real Deal in an article describing some of the disagreements stalling the overhaul of the NYS real estate advertising rules.  Though REBNY and NYSAR agree on most of the proposed regulations, click here to read the full Real Deal article outlining their split on the issue.

Category: Real Estate - Residential · Mortgages · Real Estate Brokers · REBNY · Articles | 0 Comments | *****(0 ratings)

Newsday - Refinance Demand Delays Closings

October 28th, 2011

Neil is recently quoted in this Newsday real estate blog post detailing how low interest rates in Long Island have affected the refinancing of homes.  Click here to read the article.

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WSJ - Storm Puts a Drag on Property Sales

September 13th, 2011

Neil Garfinkel is referenced by the Wall Street Journal's real estate section in a top story published September 13.  The article focuses on Hurricane Irene's effects on mortgage business and how the aftermath of the storm has delayed scheduled closings in affected areas, resulting in possible losses for brokers as well as consumers.  Read the full article here.

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Consumers Digest: Banks’ turnabout on reversing your mortgage

September 2nd, 2011

Neil Garfinkel is referred to in a September 2011 article for Consumers Digest, updating consumers about reverse mortgages and their consequences.  Neil's advice in the online post can be read in full by clicking here.

Category: Uncategorized · Real Estate - Residential · Mortgages · Real Estate Brokers · REBNY · Articles · ESMBA | 0 Comments | *****(0 ratings)

New York, Texas Have Highest Closing Costs

July 18th, 2011

Neil is quoted by Bankrate.com in a July 18th article highlighting their 2011 closing costs survey, which is performed annually.  To read the full article, please click here.

Category: Real Estate - Residential · Mortgages · Real Estate Brokers · REBNY · Articles | 0 Comments | *****(0 ratings)

NYTimes - When the Seller Is the Lender

June 6th, 2011

Neil is referenced in the New York Times' Real Estate section in an article published June 2, 2011.  The article highlights the recent drop in equity values and it's impact on mortgage financing options - through the banks or sellers themselves.  Read the full article here. (Note: The same article was also published on the web on Lender Newscast: Online Mortgage News.)

Category: Real Estate - Residential · Mortgages · Co-ops and Condos · Articles | 0 Comments | *****(0 ratings)

NYTimes - A Guide for the Co-op Neophyte

May 27th, 2011

Neil is referenced in the New York Times' May 26th Real Estate section in an article that provides information about co-ops and the procedures involved with their financing,  specifically in New York City.  Click here to read the full article.

Category: Real Estate - Residential · Co-ops and Condos · Real Estate Brokers · Fair Housing · REBNY | 0 Comments | *****(0 ratings)

The Real Deal - The Disclosure Dilemma

May 10th, 2011

Neil was interviewed for an article in The Real Deal's May issue which examines the new agency disclosure law.  As resident counsel to REBNY, Neil helped draft the law and has been in discussion with the New York Department of State concerning necessary amendments to the law.  This article outlines some of the confusion brokers and buyers have experienced in complying with the new law.  Click here to read the article.

Category: Real Estate - Residential · Co-ops and Condos · Real Estate Brokers · REBNY · Articles · Forms | 0 Comments | *****(0 ratings)