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<channel>
	<title>From The Stoop</title>
	<link>http://www.fromthestoop.com</link>
	<description>Often about Real Estate, Always about Brooklyn</description>
	<pubDate>Thu, 23 Oct 2008 19:16:29 +0000</pubDate>
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	<language>en</language>
			<item>
		<title>Be Careful</title>
		<link>http://www.fromthestoop.com/be-careful-87.htm</link>
		<comments>http://www.fromthestoop.com/be-careful-87.htm#comments</comments>
		<pubDate>Thu, 23 Oct 2008 15:41:50 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Everything Else]]></category>

		<category><![CDATA[Bike]]></category>

		<category><![CDATA[Brooklyn]]></category>

		<category><![CDATA[Park Slope]]></category>

		<guid isPermaLink="false">http://www.fromthestoop.com/be-careful-87.htm</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/8th-avenue-and-president-st.jpg" title="8th Ave and President St"><img align="top" src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/8th-avenue-and-president-st.jpg" alt="8th Ave and President St" /></a></p>
<p><br clear="left" /><br />
I&#8217;ve spoken many an angry word about this topic, but after reading this article (link below) all I could think was, we all need to be careful.</p>
<p><a href="http://www.brooklynpaper.com/stories/31/40/31_40_mm_bike_stencil.html">The Brooklyn Paper: A jarring reminder of a dead biker</a></p>
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		<item>
		<title>Who You Know Votes Where</title>
		<link>http://www.fromthestoop.com/who-you-know-votes-where-79.htm</link>
		<comments>http://www.fromthestoop.com/who-you-know-votes-where-79.htm#comments</comments>
		<pubDate>Sun, 19 Oct 2008 03:07:43 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Enjoy It]]></category>

		<category><![CDATA[Art]]></category>

		<category><![CDATA[Brooklyn]]></category>

		<category><![CDATA[Gowanus]]></category>

		<guid isPermaLink="false">http://www.fromthestoop.com/who-you-know-votes-where-79.htm</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.JPG" title="Mical Moser’s Who You Know Votes Where"></a><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/moffroids.jpg" title="My cousins in Vermont"></a></p>
<h5><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.JPG" title="Map of Who You Know Votes Where"></a><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/skeleton-web.jpg" title="skeleton-web.jpg"><img src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/skeleton-web.jpg" alt="skeleton-web.jpg" /></a><br />
Skeleton of nonpareils by artist, Heather Cox</h5>
<p><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.JPG" title="Map of Who You Know Votes Where"></a></p>
<p><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.JPG" title="Who You Know Votes Where"></a></p>
<p>Today I took a break from work to pop into one of the artist studios participating in <a href="http://www.agastbrooklyn.com/" title="A.G.A.S.T.">A.G.A.S.T.</a>, Annual Gowanus Artists Studio Tour. It&#8217;s great, it&#8217;s one of a kind, and I highly recommend it over a Fox NFL Sunday. Hurry up though, it&#8217;s only a two day festival and tomorrow&#8217;s the last day. The tour encompasses 28 different studios in the Gowanus Canal area. My friends Mical Moser and Heather Cox can be found at <a href="http://maps.google.com/maps?source=ig&amp;hl=en&amp;rlz=&amp;q=295+Douglass+St,+Brooklyn,+NY&amp;um=1&amp;ie=UTF-8&amp;sa=X&amp;oi=geocode_result&amp;resnum=1&amp;ct=title" title="295 Douglass St">295 Douglas St</a>, between 3rd and 4th Avenues. I may be biased, but I think you should visit them  first.<br />
<a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.JPG" title="Mical Moser’s Who You Know Votes Where"></a> <a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/moffroids.jpg" title="My cousins in Vermont"><img src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/moffroids.jpg" alt="My cousins in Vermont" /> </a></p>
<h5><br clear="left" />Mical Moser&#8217;s Map of Who You Know Votes Where</h5>
<p><br align="top" /><br />
<a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.JPG" title="Map"><img src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/10/map.thumbnail.JPG" align="top" alt="Map" /></a></p>
<p><a href="http://www.agastbrooklyn.com/" title="A.G.A.S.T.">A.G.A.S.T.</a></p>
<p><em>Annual Gowanus Artists Studio Tour</em></p>
<p><strong>Oct 18 &amp; 19, 1PM-6PM</strong></p>
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		<item>
		<title>Nothing Happened</title>
		<link>http://www.fromthestoop.com/nothing-happened-75.htm</link>
		<comments>http://www.fromthestoop.com/nothing-happened-75.htm#comments</comments>
		<pubDate>Tue, 09 Sep 2008 21:31:48 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Park It]]></category>

		<guid isPermaLink="false">http://www.fromthestoop.com/nothing-happened-75.htm</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/09/corner-of-carroll-and-7th-ave.jpg" title="Park Slope, Corner of Carroll St and 7th Ave."><img src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/09/corner-of-carroll-and-7th-ave.jpg" alt="Park Slope, Corner of Carroll St and 7th Ave." /></a><br />
<br clear="left" /></p>
<h5>Police get ready to leave after it was determined that the corner of Carroll and 7th Avenue was safe for pedestrians.</h5>
<p>Strange happenings on Carroll Street between 7th and 8th Avenues today.  First, residents woke up to their block lined with orange traffic cones.  People were told by two thugs, with NBC employee badges, that the NBC Muppet Christmas special, <a href="http://www.hollywoodreporter.com/hr/content_display/television/news/e3ie53ddac733c873cc176f63cc18b4a8aa">Letters to Santa</a>, had reserved the area and that anyone parking their car on Carroll Street between 7<sup>th</sup> and 8<sup>th</sup> Avenues would be towed. When a resident pointed out to them that signs posted on the block, by the <a href="http://www.nyc.gov/html/film/html/index/index.shtml">Mayor&#8217;s Office for Film, Theater, and Broadcasting</a>, clearly stated that parking was to be restricted only on Wednesday, September 10<sup>th</sup>, he was told that, &#8220;the time for talking was over.&#8221;</p>
<p>Later, at around 4PM, the police received a call of a suspicious package on the corner of Carroll and 7<sup>th</sup> Ave.  Several patrol cars arrived and blocked traffic for approximately 40 minutes until it was determined that the black bag left on the corner posed no threat.</p>
<p>Neither NBC nor any of the Muppets could be reached for comment.</p>
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		<item>
		<title>Fighting for the Right to Drink Beer on His Stoop</title>
		<link>http://www.fromthestoop.com/fighting-for-the-right-to-drink-beer-on-his-stoop-74.htm</link>
		<comments>http://www.fromthestoop.com/fighting-for-the-right-to-drink-beer-on-his-stoop-74.htm#comments</comments>
		<pubDate>Tue, 09 Sep 2008 17:44:25 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Enjoy It]]></category>

		<category><![CDATA[Brooklyn]]></category>

		<category><![CDATA[Park Slope Real Estate]]></category>

		<category><![CDATA[Stoop]]></category>

		<guid isPermaLink="false">http://www.fromthestoop.com/fighting-for-the-right-to-drink-beer-on-his-stoop-74.htm</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p>Next time you are sitting on your stoop enjoying a cold one, think of this story:</p>
<p><strong>Fighting for the Right to Drink Beer on His Stoop<br />
By Manny Fernandez, The New York Times (September 8, 2008)<br />
</strong>URL: <a target="_blank" href="http://www.nytimes.com/2008/09/08/nyregion/08stoop.html">http://www.nytimes.com/2008/09/08/nyregion/08stoop.html</a></p>
<p>Kimber VanRy was sitting on his stoop in the Prospect Heights section<br />
of Brooklyn, drinking a beer and sending e-mail messages on his<br />
BlackBerry, when a police car slowed to a stop on the street in front of<br />
him.</p>
<p>It had been a pleasant evening for Mr. VanRy, 39, who lives in a<br />
four-story, 20-unit co-op building with his wife and two children.  He<br />
had watched Senator Joseph R. Biden Jr.&#8217;s speech at the Democratic<br />
convention on television, helped put his sons to bed and washed the<br />
dishes.</p>
<p>The time was 11:52 p.m., the date was Aug. 27, and the beer, for the<br />
record, was a 12-ounce bottle of Sierra Nevada.</p>
<p>The police officer in the driver&#8217;s seat said something to Mr. VanRy.<br />
He left the stoop, walked to the car and, several minutes later, was<br />
handed a small pink slip&#8211;a $25 summons for drinking in public.</p>
<p>Mr. VanRy, who is the president of his building&#8217;s co-op board and whose<br />
last brush with the law was about 12 years ago, when he got a speeding<br />
ticket in Pennsylvania, was shocked to learn that drinking a beer on his<br />
stoop was unlawful.  He said that he and his neighbors in the building<br />
have for years gathered on the short stoop, talking and drinking,<br />
without officers from the 77th Precinct ever showing up.</p>
<p>&#8220;I think this is a real gray area,&#8221; said Mr. VanRy, an international<br />
sales manager for a supplier of stock film footage, video and music.  &#8221;I<br />
don&#8217;t think I was doing anything wrong.&#8221;</p>
<p>In Brooklyn, the borough of the brownstone, few spaces are more sacred<br />
than the stoop, the place where the city goes to watch the city go by.<br />
Mr. VanRy&#8217;s summons, news of which has spread on Brooklyn blogs, message<br />
boards and in a community newspaper, The Brooklyn Paper, has stirred<br />
debate about the legal status of stoops and stoop drinkers.</p>
<p>New Yorkers who enjoy drinking wine or beer on their stoops are indeed<br />
violating the law, according to the police.</p>
<p>The city&#8217;s open-container law prohibits anyone from drinking an<br />
alcoholic beverage, or possessing and intending to drink from an open<br />
container containing an alcoholic beverage, &#8220;in any public place.&#8221;  The<br />
law defines a public place as one &#8220;to which the public or a substantial<br />
group of persons has access, including, but not limited to,&#8221; a sidewalk,<br />
street or park.</p>
<p>Exceptions include drinking at a block party or &#8220;similar function for<br />
which a permit has been obtained&#8221; as well as premises licensed for the<br />
sale and consumption of alcohol.  The punishment for violations is a<br />
fine of no more than $25 or imprisonment of up to five days, or both.</p>
<p>Paul J. Browne, the Police Department&#8217;s chief spokesman, said in<br />
statement about Mr. VanRy&#8217;s summons: &#8220;The officer observed a violation.<br />
The subject has a right to dispute it.&#8221;</p>
<p>Mr. VanRy will contest the summons at a court appearance in November by<br />
pleading not guilty.  He questioned the notion that his stoop is<br />
considered a &#8220;public place&#8221; as defined by the law.  Besides, he pointed<br />
out, Mayor Michael R. Bloomberg was photographed by The New York Post in<br />
May sipping a glass of wine at Brooklyn Bridge Park.</p>
<p>&#8220;It&#8217;s one of those laws that a lot of people know it&#8217;s there, but how<br />
heavily it should be enforced is a question,&#8221; Mr. VanRy said.</p>
<p>Steve Wasserman, a lawyer with the criminal practice of the Legal Aid<br />
Society, questioned the wording of the law, adding that legal arguments<br />
could be made that a stoop is not a place that a &#8220;substantial group of<br />
persons&#8221; can gain access to.</p>
<p>&#8220;This is an open question,&#8221; he said of the law.  &#8221;There&#8217;s also a larger<br />
constitutional question, if a piece of your private property were being<br />
treated as if it were a public place.  You couldn&#8217;t get arrested for<br />
drinking that beer in your kitchen.  Now you&#8217;re sitting on your stoop.<br />
The stoop may be more like your kitchen than your sidewalk.&#8221;</p>
<p>Richard Briffault, a professor at Columbia University Law School and an<br />
expert in property and local government law, said Mr. VanRy&#8217;s summons<br />
illustrated the thin line between private and public property.  &#8221;It&#8217;s<br />
quite possible to be on private property and in public at the same<br />
time,&#8221; he said.</p>
<p>Indeed, last year, a State Supreme Court justice in the Bronx ruled<br />
that an apartment building lobby qualified as a &#8220;public place&#8221; in<br />
relation to the open-container law.  A police officer had confronted a<br />
man who was drinking a beer in the lobby of a building on the Grand<br />
Concourse, and Justice Joseph J. Dawson ruled that the officer had<br />
probable cause to arrest him.</p>
<p>The details of Mr. VanRy&#8217;s tale have fascinated his friends, neighbors,<br />
the four lawyers who sent e-mail messages offering advice and<br />
Brooklynites who read about the incident on local blogs.  The officer<br />
who gave Mr. VanRy the summons asked him, for example, what brand of<br />
beer he was drinking.  &#8221;I thought it was strange why it mattered,&#8221; Mr.<br />
VanRy said.</p>
<p>Mr. VanRy&#8217;s stoop does not have a gate and is set back from the<br />
sidewalk by a few feet, and the officer told him that if he were behind<br />
a gate on his stoop, he would not have received a ticket.  In Mr.<br />
VanRy&#8217;s posting that night to a message board at <a target="_blank" href="http://www.brooklynian.com/">http://www.brooklynian.com/</a>, he<br />
made a point of mentioning the other officer in the police car, who, Mr.<br />
VanRy wrote, &#8220;was playing Tetris on his iPod the whole time.&#8221;</p>
<p>Mr. VanRy&#8217;s building on Sterling Place is in a gritty but gentrifying<br />
part of Prospect Heights, and Mr. VanRy knows neighborhood residents who<br />
have been mugged.  &#8221;The question that sort of lingers in my mind is,<br />
given all the other kinds of things that are constantly going on and how<br />
little I see of police in the neighborhood, that this was the best use<br />
of their 20 minutes of time?&#8221; he said of the two officers.</p>
<p>He has already made up his mind about whether to risk drinking on his<br />
stoop again.  &#8221;Absolutely,&#8221; he said.</p>
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		<item>
		<title>The Secret</title>
		<link>http://www.fromthestoop.com/the-secret-68.htm</link>
		<comments>http://www.fromthestoop.com/the-secret-68.htm#comments</comments>
		<pubDate>Tue, 26 Aug 2008 19:54:28 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Buy It]]></category>

		<category><![CDATA[Brooklyn]]></category>

		<category><![CDATA[Brooklyn Real Estate]]></category>

		<category><![CDATA[Park Slope]]></category>

		<category><![CDATA[Park Slope Real Estate]]></category>

		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.fromthestoop.com/the-secret-68.htm</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.fromthestoop.com/the-secret-68.htm" title="An Open House in Park Slope Brooklyn"><img src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/08/fig-1-5-no-caption-with-blue-added.JPG" alt="An Open House in Park Slope Brooklyn" /></a><br clear="left" /></p>
<h5>Fig 1-5, An unidentified broker documents his time at a recent open house.</h5>
<p>Pssssst. Hey you. Yeah you: Mr. Buyer. Want to know a secret? Come over here. A little closer. Closer. <em>Clooooser</em>. Now listen carefully. We are not very busy. No- scratch that, we are not busy at all&#8230;OK, it&#8217;s dead out here. August is always dead. Really dead. Our open houses are poorly attended. Our blackberries aren&#8217;t buzzing. Our sales figures are down. Our sellers are not happy, so we are not happy. Our sellers are worried. We are worried. Our sellers want to make a deal. We want to make a deal.</p>
<p>Are you still listening? This is an opportunity for you. Here&#8217;s a suggestion: this year, why don&#8217;t you and your brethren close up the beach house early and, instead go shopping for a real estate bargain?</p>
<p>Here&#8217;s another secret: about two weeks after Labor Day, everything changes. Things pick-up, office phones ring, websites get hits. More of you go to our open houses. More of you make offers. And more of you actually purchase a home. How do I know? Just like August is always slow, September is always better.</p>
<p>So make a deal while you can - the Brooklyn Real Estate Sale ends September 14th!</p>
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		<title>E. 17th Street</title>
		<link>http://www.fromthestoop.com/e-17th-street-60.htm</link>
		<comments>http://www.fromthestoop.com/e-17th-street-60.htm#comments</comments>
		<pubDate>Fri, 22 Aug 2008 03:52:15 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Enjoy It]]></category>

		<category><![CDATA[Brooklyn]]></category>

		<category><![CDATA[Ditmas Park]]></category>

		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://www.fromthestoop.com/e-17th-street-60.htm</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/08/a-nice-house-ii.jpg" title="A nice house in Ditmas Park Brooklyn"><img border="0" align="left" src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/08/a-nice-house-ii.jpg" alt="A nice house in Ditmas Park Brooklyn" /></a></p>
<p><a target="_blank" href="http://maps.google.com/maps/ms?f=q&amp;hl=en&amp;geocode=&amp;ie=UTF8&amp;msa=0&amp;msid=104177307841010803669.000455041b85a31f627d4&amp;ll=40.640416,-73.96172&amp;spn=0.00762,0.019054&amp;z=16" title="Google Map of E. 17th Street in Ditmas Park Brooklyn"><img border="0" align="left" src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/08/google-map.JPG" alt="Click for Google Map of E. 17th Street in Ditmas Park Brooklyn" /></a>Yesterday, I arrived early for an appointment and so decided to take a stroll down E. 17<sup>th</sup> Street. This neighborhood was once known as Flatbush and is now called Ditmas Park. It was such a nice walk that I had to share it with all of you. This block is full of detached Victorian style homes, all in pristine condition and most with front porches.  The sidewalks are pleasantly lined with oak, maple, and various fruit trees. I understand that many of you are familiar with this area, but believe me, even by Ditmas standards, this block is something special.</p>
<p>When you have a moment and before the summer is over, please take in E. 17<sup>th</sup> Street, between Newkirk and Dorchester&#8230;and if you have another moment, let me know how it went. Thanks for reading.</p>
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		<title>What Happens Now?</title>
		<link>http://www.fromthestoop.com/what-happens-now-15.htm</link>
		<comments>http://www.fromthestoop.com/what-happens-now-15.htm#comments</comments>
		<pubDate>Thu, 17 Jul 2008 21:37:39 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Buy It]]></category>

		<guid isPermaLink="false">http://stoop2.fromthestoop.com/?p=15</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p>Often after someone has either made or accepted an offer, I&#8217;m asked, &#8220;what happens now?&#8221; Below is a chronological list of how things should proceed after an Accepted Offer.  </p>
<ol type="1">
<li><strong>Pick an attorney.  </strong>It&#8217;s pretty tough, in New York, to complete a real estate transaction without an attorney. It is also pretty tough to get on their calendar. So, I highly recommend that you do this before you put your home on the market or before you start shopping for a new one. A good lawyer is your advocate throughout the transaction and if you are a buyer, often the only person who has your best interests in mind.  I personally would not buy or sell real estate without one and you shouldn&#8217;t either. Rules for picking a lawyer are the same as they are for picking any professional: get a recommendation if you can and pick someone you trust and feel comfortable with. </li>
<li><strong>Start the attorneys communicating.</strong>  The person on the other side of this transaction will have an attorney as well (if they don&#8217;t, good luck getting into contract). You&#8217;ll want to insure that both attorney&#8217;s have each others contact information. What good agents and brokers usually do is give each attorney a one page Deal Sheet. The Deal Sheet contains the contact information for the buyer, the seller, their attorneys, the sales price and the escrow down payment (this is usually 10% of the purchase price and is different from your down payment for financing). If you are not working with a broker, then just put you&#8217;re your own deal sheet together.  You should send the deal sheet to each lawyer within a day of the accepted offer. A well organized Deal Sheet will save a busy lawyer time and get you to contract sooner rather than later.</li>
<li><strong>Seller&#8217;s attorney will send out a contract to the buyer&#8217;s attorney.</strong> The attorneys will probably negotiate a bit on some of the details, but they <em>usually</em> come up with a document that they will let their clients sign. You really want to make this happen within two weeks  -before the person on the other side of this transaction changes their mind.</li>
<li><strong>Sign the contract.</strong> You will meet with your attorney who will advise you about the specifics of the contract.  You should ask any questions you have here and if all goes well you&#8217;ll sign the contract. If you are the buyer you will also write out a check -usually 10% of the purchase price- which will be deposited in an escrow account. </li>
<li><strong>Choose a mortgage broker or bank (buyers only). </strong> Like picking an attorney, this is something I recommend you do before you even start shopping for a place. Most lending institutions will issue you a pre-qualify letter which will state that you are capable of borrowing up to <em>X</em> amount of dollars. This is a good way to prove to a seller or broker that you and your offer should be taken seriously.</li>
<li><strong>Appraise the Property.</strong>  When you boil it all down, banks only judge a transaction by two criteria.  Will the buyer pay back the loan? And is the property worth enough to justify the loan? To determine the latter, the bank or mortgage broker will hire a licensed appraiser to estimate the value of the property.  </li>
<li><strong>Bank issues a commitment letter.</strong>  After the bank has done its due diligence on the buyer and the property, it will issue a commitment letter. This is the letter that says the buyer is approved for the mortgage. It states the interest rate, amount, and term of the loan (among other things).  Once this letter is received you can schedule the closing.</li>
<li><strong>Schedule the date of the closing</strong>. The seller, the buyer, their attorneys, the bank&#8217;s attorney, and a title insurer, will all break out their date books and figure out the best day to finalize the transaction (be patient, this can be harder than seating your relatives at a wedding).</li>
<li><strong>Close</strong>.  This is where the rest of the money exchanges hands and the buyer gets the keys.  Essentially this is how the money will be distributed:</li>
</ol>
<ul>
<li>a) The seller&#8217;s attorney will write a check to the seller from her escrow account. This will be equal to the check the buyer wrote when he signed the contract.</li>
<li>b) The buyer&#8217;s bank will write a check to the seller for the amount that the buyer is borrowing from the bank. (That&#8217;s right; the buyer never gets his hands on the money.)</li>
<li>c) If after steps <strong><em>a)</em></strong> and <strong><em>b)</em></strong>, there is money still due to the seller, the buyer will write a check for this amount.In addition to all of this, with your attorney&#8217;s help, you will sign half a ton of documents(buyers, you will actually sign a ton and a half). Once you are done you can &#8230;</li>
</ul>
<ol start="10" type="1">
<li><strong>&#8230;Move!</strong>  In or out, depending on who you are. And you can almost always do this immediately after you close.</li>
</ol>
<p>Feel free to forward any questions my way.  Thanks for reading, Jim.</p>
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		<title>Take Five</title>
		<link>http://www.fromthestoop.com/take-five-30.htm</link>
		<comments>http://www.fromthestoop.com/take-five-30.htm#comments</comments>
		<pubDate>Sun, 06 Apr 2008 16:40:08 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Buy It]]></category>

		<category><![CDATA[Featured Enjoy It]]></category>

		<category><![CDATA[Brooklyn]]></category>

		<category><![CDATA[Park Slope]]></category>

		<category><![CDATA[Real Estate]]></category>

		<guid isPermaLink="false">http://stoop2.fromthestoop.com/?p=30</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<h5><a href="http://www.fromthestoop.com/take-five-30.htm" title="Thinking about real estate in Park Slope Brooklyn"><img src="http://www.fromthestoop.com/stoop2/wp-content/uploads/2008/08/take-five.JPG" alt="Thinking about real estate in Park Slope Brooklyn" /></a><br clear="left" /><br />
The author demonstrates the Take Five method</h5>
<p>People often solicit my opinion about a given neighborhood. &#8220;<em>Is it safe?&#8221;,</em>they ask<em>. &#8220;How is the area?</em> <em>What are the locals like?&#8221;,</em> etcetera, etcetera<em>,&#8230;</em> I flat out try to evade these questions and I have my reasons. For one, I&#8217;m very fond of the neighborhoods I work in and don&#8217;t feel capable of answering objectively (It would be like bad-mouthing a family member to an outsider). For two, other than the number of times I&#8217;ve been fleeced by the Department of Finance (see <a href="http://www.fromthestoop.com/category/how-to-park-it/">How to Park It</a>), I don&#8217;t worry all that much about crime in my neck of the woods. And three, the locals question? I don&#8217;t even want to know what people are getting at there. So I don&#8217;t answer any of these questions. But this is what I do say. I say, &#8220;<em>because everyone has a different comfort level when it comes to these things, you need to explore the neighborhood yourself. That means more than just a cursory look. You need to take five extra minutes with some of the residents and get to know them. Doesn&#8217;t matter how you do it, but you need to engage a few locals. Ask for directions or the best place to get coffee. Say good morning or good afternoon. Whatever it is, just talk to people. If you do this, I guarantee, that if you really do this, you will see the neighborhood and you will see the entire city of NY in a very different light.&#8221;</em></p>
<p>I can hear the collective moan coming over the big T1 line in the blogosphere. <em>You are out of your mind Jim. This is New York City! You can&#8217;t just talk to people on the street. You&#8217;ll scare them, or they&#8217;ll be suspicious, or they&#8217;ll get mad.</em> My experience has taught me otherwise. When I first started exploring Crown Heights, I would stop random people on the street and ask them what they were paying for rent. If anyone asked why, I would simply say that I was thinking of buying a three family building in the neighborhood and wanted to know what I could lease the apartments for. And you know what? People talked to me. They were friendly. They were nice. They were very helpful. I even got invited into someone&#8217;s apartment to have a look. I couldn&#8217;t believe it either, but I learned a valuable lesson about my city. Nowadays, I almost always say hello, good morning, and good afternoon and my neighbors usually say it back.</p>
<p>So you want to know about a neighborhood? Take five extra minutes and get to know its residents. Thanks for reading, Jim.</p>
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		<title>Lawyer Up</title>
		<link>http://www.fromthestoop.com/you-have-the-right-to-an-attorney-32.htm</link>
		<comments>http://www.fromthestoop.com/you-have-the-right-to-an-attorney-32.htm#comments</comments>
		<pubDate>Wed, 12 Mar 2008 19:39:44 +0000</pubDate>
		<dc:creator>Jim Winters</dc:creator>
		
		<category><![CDATA[Buy It]]></category>

		<guid isPermaLink="false">http://stoop2.fromthestoop.com/?p=32</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p><em>(Let it be known that I type this post, whilst an 11 lb baby boy sleeps in a sling around my neck).</em></p>
<p>In my line of work, there is plenty of ambiguity. I&#8217;m often not sure how to get the best return for my limited time; or if I should spend money on hiring an Admin, or an SEO consultant; or if someone is telling me the truth; or, my least favorite, if a particular agent says he is working for the buyer or the seller is he really? This last one frequently bites people-especially inexperienced buyers-in the derriere. Why is that? Real estate transactions and residential real estate in particular, are often negotiated through third parties. In these instances, you want to unambiguously trust the person you&#8217;ve hired.</p>
<p><img src="http://www.fromthestoop.com/images/Allegiance%202.jpg" title="Fiduciary Responsibility" alt="Fiduciary Responsibility" align="middle" height="270" hspace="1" vspace="1" width="430" /></p>
<p>I&#8217;m sure you&#8217;ve all walked into an open house and had the agent, i.e. the seller&#8217;s agent; tell you that the owner was <em>flexible</em> or would take much less than the asking price. Say what? That agent, in theory, is working on behalf of the seller, their client. So why are they lowering the asking price behind the seller&#8217;s back? Furthermore, I&#8217;ve had &#8220;buyer&#8217;s brokers&#8221;<span><sup><sup>[1]</sup></sup></span> come to my open houses and tell me things like, <em>my client will offer X, but I think that she can go as high as Y.</em> Well thank you for that information, Sir or Madam.  Now I&#8217;m going to go right back to my client and tell him to counter your client with Y+Z.</p>
<p>Granted, these examples don&#8217;t typify all agent/brokers, but they do represent some. One problem is the business is very loosely regulated and the requirements are slim (in New York State, it&#8217;s just as difficult to be licensed as a cosmetologists, not that I&#8217;m knocking cosmetologists).</p>
<p>My point, after all of this, is that you need to hire a real estate attorney before you enter into a transaction. They are highly educated, they work only for you, and they eat, sleep, and breathe the attorney-client privilege thing. Whatever you say to them is between you and them. Everything they do is for the benefit of you, the client. Nice huh?</p>
<p>Here are just some of the services they&#8217;ll provide:</p>
<ul class="unIndentedList">
<li> Draw up and negotiate a contract of sale;</li>
<li> Order and Review Title Insurance;</li>
<li> Review all bank documents;</li>
<li> Review a co-op&#8217;s or condo&#8217;s offer plan, financial statements, and meeting minutes;</li>
<li> Attend the closing;</li>
</ul>
<p>And if that&#8217;s not enough, they&#8217;ll answer all of your questions honestly, and have nothing at all to sell you. Their only focus is completing the transaction for you. They also provide a fresh, impartial set of eyes on your deal - which is particularly helpful to first-time buyers and buyers who are, themselves, lawyers (yes, you lawyers should hire lawyers too).</p>
<p>That&#8217;s all for now. Thanks for reading, Jim.</p>
<p><br clear="all" /></p>
<hr align="left" size="1" width="33%" /><span><sup><sup>[1]</sup></sup></span> For more on so-called &#8220;buyers brokers&#8221; read <em><a href="http://www.fromthestoop.com/i-work-for-you-but-i-don%e2%80%99t-work-for-you-23.htm" title="I work for you (but I don't work for you)">I work for you (but I don&#8217;t work for you)</a></em></p>
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		<title>Staging Your Property; your best investment when selling</title>
		<link>http://www.fromthestoop.com/staging-your-property-your-best-investment-when-selling-23.htm</link>
		<comments>http://www.fromthestoop.com/staging-your-property-your-best-investment-when-selling-23.htm#comments</comments>
		<pubDate>Fri, 29 Feb 2008 18:48:58 +0000</pubDate>
		<dc:creator>Jane Rosenbaum</dc:creator>
		
		<category><![CDATA[Guest Writer]]></category>

		<category><![CDATA[Sell It]]></category>

		<guid isPermaLink="false">http://stoop2.fromthestoop.com/?p=23</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[<p>Staging a property is a lot like getting dressed for a first date. In dressing for a first date, we make sure we are well-groomed and select clothing that highlights our best assets. We avoid calling attention to the negative, because it may be turn someone off, before they have gotten to know us. Each time your property is seen by a prospective buyer, it is a &#8220;first date&#8221; for your property. Therefore, your objective is to make a great first impression by showing your property &#8220;all dressed up&#8221; and &#8220;well-groomed&#8221;. The process of &#8220;dressing up the place&#8221; and &#8220;grooming&#8221; is called Staging.</p>
<p><strong>1)</strong> <strong>CLEANLINESS IS YOUR FRIEND. </strong>Your property must be really, really clean.  Not surface clean, &#8220;spring cleaning&#8221; clean. It needs to smell good and it needs to shine. There&#8217;s no amount of pine cleaner smell that can simulate clean. In fact, it shouldn&#8217;t smell like pine cleaner, at all. It should just be clean. Shine is good on floors, windows, blinds, tabletops, appliance fronts and all surfaces in the bathroom</p>
<p><strong>2)</strong> <strong>CLUTTER IS YOUR ENEMY.</strong> Buyers want to feel that they will have places to put things when they move in. The seller&#8217;s junk all over the place communicates that there aren&#8217;t enough closets, cupboards and drawers. Sellers often don&#8217;t &#8220;see&#8221; the 7 cereal boxes lined up on top of the refrigerator, because they are used to seeing them there. Buyers will notice the cereal boxes and will be left with the impression that there&#8217;s not enough cupboard space in the kitchen. Less truly is more. Remove some items from drawers, bookcases, closets and medicine cabinets. A prospective buyer will think there is ample storage because there are lots of things stored inside.  It works in the reverse for some reason. Room for more, allows the buyer to think there&#8217;s a lot of storage space.</p>
<p><strong>3)</strong> <strong>REPAIRS ARE A MUST</strong>. Many little repairs left undone, do not come across as, individual small things, which need to be fixed. They accumulate and convey the impression that the property needs a lot of work. They also communicate that the property isn&#8217;t special enough for someone to care about. Additionally, moving is a lot of work, so not making extra work is important. Fix everything that needs to be fixed. Paint the hall that has needed to be painted for 5 years. Replace the light fixture that&#8217;s slightly goofy. Throw out the worn out mat by the door and replace it with a new one.</p>
<p><strong>4) DON&#8217;T TAKE IT PERSONALLY. </strong>Once you put your property on the market, it is open to public commentary. Your goal is not to have people agree with your taste. Your goal is to attract as many buyers as possible, in order to sell the property for the asking price. If you need to tone it down, throw it out or rearrange it, do it. Try not to take it personally and remember that &#8220;Beauty is in the eye of the beholder&#8221;.</p>
<p><strong>5) HIRING A PROFESSIONAL CAN MEAN MORE MONEY IN YOUR POCKET.</strong> A pair of new, fresh and creative eyes may be critical. A client of mine purchased an apartment that had been languishing on the market for many months. A few months later, he was transferred and put the apartment back on the market. We made only the most minor cosmetic changes to the apartment and yet he rapidly received many offers. The offers were for more than he had paid for the apartment originally, for more than the asking price and for much, much more than my fee. We had simply cleaned and polished the place until it was deep, down clean. We painted every room a bright white since the apartment had little natural light. (All the rooms had been painted gray when he bought it.) We turned lights on before each open house, brought in fresh flowers that looked and smelled great. We packed away items that would keep prospective buyers from imagining themselves living in the space. It was the same dark apartment whose windows opened on an air shaft, but it didn&#8217;t matter anymore. We had created an environment in which people wanted to live and this was reflected in his selling price.</p>
<p><em>Jane Rosenbaum is an Interior Designer and contributor to various websites and publications .  To contact Jane, please visit her website at: <a href="http://www.janeinteriorsnyc.com" target="_blank">www.JaneInteriorsNYC.com</a></em></p>
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