If you have purchased real estate that is controlled by a homeowners association, it means that you are automatically part of the association after the purchase. This usually means that you have to pay a certain amount of money to contribute to the running of the homeowners association and to maintain the upkeep of shared facilities.
Do the following things before renting out your New York property
If you are a landlord and you are going through the process of renting out your property in New York, it is important that you take the appropriate steps to ensure that no disputes arise. Disputes between landlords and tenants can be stressful for everyone involved, and they can also lead to costly litigation. Furthermore, they can often be avoided through proper communication from the start.
Making an offer on a short sale property
If you are attempting to buy a short sale home, this can potentially be a lucrative deal because it can be possible to get a home under the market value. However, there can be complications in the procedure that you should be aware of before embarking on the journey.
How do I avoid commission disputes when buying a home?
If you are in the process of buying a home in the state of New York, you will want to make the best possible choice with respect to recruiting a real estate agent. Many buyers falsely assume that only the seller of the home needs to pay commission. It is important that you are not naive regarding this issue, since it is becoming increasingly common for home buyers to commit to paying a share of the commission.
