If you are in the process of searching for commercial real estate to lease, it's important that you remember one thing: There is more than one type of lease. By keeping this in mind, you'll know exactly what you are negotiating when it comes time to do so.
Unless you have enough cash on hand, most people opt for a mortgage to purchase a home. While there is nothing wrong with this, you must make sure all your ducks are in a row before your closing rolls around.
It sounds like a story straight out of the 80s: A New York City landlord does everything he can to strong-arm tenants in rent-controlled apartments out of his buildings so that he can void their leases and collect the much bigger income when he charges the new tenants the current market rate. Meanwhile, he defrauds the banks by lying and claiming that he's already receiving those sweet market-rate rental fees -- which convinces them to lend him millions.
When it comes to comparing baby boomers and millenials, plenty can be said about their differences in how they view the world. However, when it comes finding affordable housing in New York City, it turns out that these vastly different groups have many things in common.
As a property owner, you never know if a problem could present itself in the future. One of the most common real estate disputes is that between co-owners of a piece of real estate, such as unmarried couples or siblings who recently inherited a home from a parent.
The cost of living in the Big Apple has gotten higher than ever as real estate in Manhattan continues to soar. As real estate thought leaders predicted, the market experienced a sales slowdown during the last quarter of 2016. However, in the second quarter of 2017, it climbed 15 percentage points. That's a massive uptick compared to last year's 8 percent rise at this time.
There are a variety of issues that can come about when purchasing any type of real estate. A title problem can turn any deal sour, so it's important to become familiar with the many issues that could stand in your way.
Closing on a home is supposed to be one of the most exciting days of your life. Unfortunately, this is not always the case. There are many things that can get in the way, thus causing you more stress than you ever imagined possible.
Buying any piece of real estate, from a home to a commercial property, is one of the biggest decisions you will ever make.
When buying or selling real estate in New York City, it goes without saying that you will have quite a few questions on your mind.