Residential Realities August 2012
August 12, 2012--Bad to the Bone: Coping with Difficult Buyers and Sellers...
Manhattan as Open Air Therapy Park
Perhaps it's the the solar flares taking place on the sun, combined with tight inventory and historically low interests rates available from banks that reluctantly provide financing, but parties to residential transactions are getting more difficult and uncooperative than I have experienced in many years. Folks seem to be taking the expression "It's all about me" to new levels, resulting in exhausted faces around the closing table. With the above in mind, Jill Urban of NY1, together with my friend and colleague Malcolm Carter, discuss the best ways to avoid troublesome transactions and the parties that inhabit them:
Residential Reality: It Never Gets Any Better
Remember, how a party acts during the contract negotiations, is exactly the way the party will behave during the transaction and at closing. Keep that in mind when making or accepting an offer.