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How likely you are to rent may depend on a whole host of factors, such as your age, the cost of living in your area and your financial stability. But, if you want to look at the big picture, let's take a look at how many people choose to rent.The reality is that the...
In general, New York has one of the most expensive real estate markets on the East Coast, as well as one of the most competitive in the country. Potential buyers and homeowners often struggle to find a property that fits their needs that they can successfully make an...
Security deposits exist to protect a landlord's interest in a property. Irresponsible tenants could cause substantial damage to a unit well beyond the standard wear and tear likely during a rental period. If a tenant leaves without finishing their lease or if they...
Having a good relationship with those who live close to you can add quality to your life and give you a sense of community. Even if you are not on particularly good terms with your neighbors, you likely do what you can to keep things civil. However, if you are finding...
You want to buy a home or apartment in New York, and so you reach out to a mortgage lender. They ask you for some information, you provide it, and then they tell you that you are pre-qualified for a certain amount of money. What does this really mean?The biggest...
Whether you are a landlord drafting a lease for a new property or a tenant considering the lease before signing -- it's very important to read through it carefully -- you need to know what should be in that document. It's a legal contract that helps define your rights...
When a person is renting an apartment or home from a landlord, they have the entitlement to security. This means that they cannot simply be evicted with no notice and with no reason. However, since the landlord legally owns the property, the landlord can evict the...
If you have been struggling to keep up with your mortgage due to unemployment, medical bills or perhaps overwhelming debts, you may live in fear of foreclosure. Foreclosure occurs when lenders decide to essentially cut their losses by taking possession of your home...
In an ideal situation, you will have a great relationship with the person that you are buying your home from or selling your home to. It is a relationship that requires honesty, transparency and good communication.However, because of the complex nature of real estate...
Being a landlord can be difficult because you will often have to balance questions of personal interest with the desire to avoid disputes. It is important that you set boundaries with your tenant early on in the process of renting, and that you put everything in...