There are many ways to speed up the sale of a home in New York. One of the means you can adopt is to take it upon yourself to finance the purchase of your home by a new buyer. This is a transaction that will naturally carry a certain amount of risk. It will be up to...
Real Estate
Important steps in the real estate closing process
Buying a new home in New York is an exciting time in your life. But before you move into your new place, you must complete the closing process. Whether you’re a new buyer or are reentering the housing market, it’s good to know the ins and outs of closing on a home....
Considerations when selling your home
Are you thinking of selling your home in New York? If so, there are a few things you’ll want to keep in mind. The real estate market in New York is competitive, and if you want to get the best price for your home, you’ll need to put in some effort and consider doing...
Real estate contracts: 6 conditions you must have
Once you find your dream home and have an agreement as to its price, there is much more to smooth out. The contract that you sign for your new home should contain a minimum of six important conditions. Because there are so many details to real estate transactions,...
What you need to know about real estate investing
Real estate in New York can be an extremely lucrative investment. It also comes with its share of potential risks. If you choose to invest in this area, you will need to know the rules that apply. You will also need to be clear on what your goals are. You can choose...
Closing a real estate deal
When buying or selling a property in New York, the final step in a real estate purchase is the closing. This process includes going through all the paperwork regarding financing and ownership. The transaction can be completed only after the parties and their attorneys...
Getting out of a real estate transaction without penalty
Sometimes, your plans don’t always pan out as you’d hoped. This may hold true for selling real estate in New York. Fortunately, it’s possible to exit a transaction without facing penalties. Sudden, unexpected issues Unforeseen situations can arise that may prevent you...
Make sure your rental agreements are legal
Lease agreements with your tenants are subject to many rules and regulations. Tenants have rights under NY law, and you must ensure your rental contracts and practices meet current legal criteria. Drafting rental agreements Create a written contract that you and your...
Conducting a smooth real estate transaction is essential
Purchasing property in New York can be exciting and emotional. Knowing the steps to make the transaction as smooth as possible can be highly beneficial. Submitting your offer Starting the process correctly when you want to purchase a home or other property smoothly is...
Understanding adverse possession in New York
Adverse possession is an often misunderstood way of gaining legal ownership of land in New York. Under adverse possession, people can gain title to land that previously belonged to another owner. It can apply to all different types of property in the state, from rural...