Toren seeks FHA financing, closings expected | The Real Deal | New …

FHA financing , if approved, would help individual buyers close their apartment contracts, with low down payments and less-than-perfect credit scores, said Roberta Benzilio, executive director of sales in Brooklyn for Halstead Property, …

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Toren seeks FHA financing, closings expected | The Real Deal | New …

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    Related results on Toren seeks FHA financing, closings expected | The Real Deal | New …

    1. In the next 2-3 years the actual closing prices are going to continue to drop, just look at all the new inventory hitting the area... first time homebuyer tax incentives are gone this April... interest rates are going up. ... I'm just telling buyers that over the next two years you should be able to get a good deal. My guess is that construction costs for Torren are around $550-$650 PSF and I wouldn't make an offer for less. I think real estate in forte green can be a ...

    1. Curbed NY : The New York City neighborhoods and real estate blog. ... Less than two years after we got our renderings reveal, the Downtown Brooklyn luxury condo tower (Toren is actually Dutch for "tower") is closing units. So far it's just a handful of the cheaper stuff, with the priciest sales being a 1033-square-foot 2BR, 2BA going for $725000, and mysterious #606 selling for $850000. The SOM-designed, 38-story Myrtle Avenue condominium was one of the flashiest projects ...

    1. The first bunch of buyers needs to start signing and closing to make financing easier for the rest....or at least reject the contracts and free up some of the better priced units. Would love to see this bldg ..... The Real Deal also described OBBP as ?among the most promising new developments in Brooklyn.? The building hasn't changed only the economy has. And unlike other buildings, OBBP hasn't ignored the economically realities and has aggressively re-priced many units. ...