Before you move forward with purchasing a home in New York, you may want to take certain steps to make sure it is suitable for living and has no major defects. You also need to determine the home’s true value so that you know whether you are paying a fair price....
Real Estate
Is a quiet title action necessary for your property purchase?
Perhaps you are an architect looking at a stylish Victorian that would be perfect for your new offices. However, the house has been vacant a long time. Before you purchase the property, a quiet title action may be in order. Understanding quiet title The purpose of a...
What factors influence the sale price of your home?
Preparing your home for sale in New York can be both an exciting and stressful time. Regardless of market conditions, pricing your home the right way can facilitate a successful sale. Determining a fair and competitive price for your home is a lot more than slapping a...
Will my real estate closing experience delays?
You are probably eager to complete your real estate closing so that you can start living in your new house. You may even have a date set for your purchase to be over with. However, delays can pop up that slow down your closing, perhaps causing a substantial delay. It...
How do realtors breach the contract?
If you realize that your real estate agent is in breach of contract, you need to know what you can do. Real estate agents may breach the contract in several different ways. Securing a low price for your home According to Homelight.com, realtors may be in breach of...
Guide to downsizing from a family home to a condo
There are many reasons why people downsize from a family home to a condominium. Sometimes the house is too big after the children have moved out. Maybe the owners can no longer afford the home. Upkeep and maintenance can become an unmanageable chore, especially if the...
Can an HOA sue a tenant over a view ordinance?
View ordinances exist so that tenants cannot obstruct their neighbor's view with trees or additional buildings. Protecting the view of the property also protects the value of the condos. If you are part of a Homeowner’s Association Board, you may have run into an...
Considerations when buying a co-op unit
When you buy a unit in a housing cooperative, you purchase stock in a corporation that owns the building. You must have approval from the board of directors to do so. While you get a mortgage to buy the unit, you also pay a fee for building upkeep and other associated...
Protecting your interests when buying a house
Buying a home in New York requires a significant investment. So, you want to make sure you are doing your due diligence and getting all the necessary information before making things official. Complications often arise throughout the home-buying process, and you may...
What should you do if a tenant refuses to pay rent?
You hoped for favorable outcomes when you became a landlord in New York, but a recent issue forced you to question your decision. You have a tenant going through a rough financial patch, leaving the person unable to pay rent. What should you do? Learn how to navigate...