When you are starting a New York retail store, you want to get the best deal on your lease agreement. A better lease agreement can put you in a better financial situation even if your business starts off slowly. Know your budget and necessary expenses Before you even...
Real Estate
When can a seller walk away?
The real estate transaction process can have bumps in the road for buyers and sellers. One possible hiccup is when the seller tries to back out of the deal. There are only limited circumstances in which they could do that without facing consequences. There are times...
What is the New York real estate transfer tax and who pays?
If you’re buying or selling property in the State of New York, you might have heard about its real estate transfer taxes. These are the taxes that the State of New York and certain cities charges for transferring the deed from one party to the next. In New York,...
What to do about unpermitted work
Unpermitted work or additions to a home without municipal certificates of occupancy or completion is any construction done on a home without the necessary legal permits and final municipal approvals. Sometimes former homeowners may finish the basement, add a deck, add...
How appraisals and home inspections work when buying a home
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....
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...