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June 2008

06/16/08

Caveat Emptor

I saved myself $325 at the A&P this weekend.

No, it wasn’t from coupon-clipping. I ran into a fellow tenant in the cereal aisle. It turns out he was among the first batch of residents to close on their condos—and he had a warning for me. Somewhere buried amidst the lines of all the itemizations of closing costs at his settlement was a miscellaneous “administrative fee” from some outfit neither of us had ever heard of, but which curiously shared the same address as the sellers/owners. The minute his lawyer questioned it, he said, the fee was removed. After our conversation. I didn’t mind so much that the A&P ended up overcharging me for my case of Snapple (Note to A&P: the sale wasn’t over).

Sure, I’d read about...

Posted at 09:47 AM | Permalink | Comments: 0

About This Blog

Robert Schork
Elmsford, NY

Robert Schork’s first experience with real estate was playing banker during family Monopoly sessions (and stuffing a few $500s under the board "in case of emergency"). While his education in economics allows him to understand mortgage rates he still relies on a cheat sheet to calculate the tip when dining out. A Philadelphia native, he considers himself a bona fide New Yorker after surviving 9/11, the blackout of 2003, and a decade of paying Westchester taxes.

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