Maybe you need to sell a house – your own or one you inherited. However, you don’t want to go through what can be a long, drawn-out process of getting it “market-ready,” then deal with strangers walking through it and sifting through multiple offers (if you’re lucky)...
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Co-op & Condo
Landlord & Tenant
Residential Real Estate
5 things to know about rent-to-own homes
One way that modern homebuyers sometimes get the homes that they want is by agreeing to a rent-to-own contract. This is different than simply buying a home or renting it, combining elements of both and making for a more complex system. If you're thinking about using...
What are the benefits of buying a pre-construction condo?
Many people looking to purchase a home in New York City opt for a condo instead of a single-family residence. The reasons for this preference are many. For example, most New Yorkers are social and prefer to live somewhere close to others. Condos are also popular...
Do home buyers have to be told of a sex offender in the area?
You just moved into the home of your dreams. Then you learn when talking with one of your new neighbors that there’s a registered sex offender living down the block – or maybe in your building. You’d never thought to ask about something like that. Shouldn’t the...
Can you move in as soon as you close on a house?
Closing is the official process of signing the documents to buy a new home. You do initially make an offer to the seller, who can accept it, but then you have to get the loan finalized, have inspections carried out and do much more to make sure the deal will go...
How New York property owners can address neighbor disputes
If you are a property owner in New York, you may experience multiple challenges, including property disputes. Property disputes can be complex, and complications in the legal process may result in significant financial consequences. A dispute with neighbors may...
Seller contingency clauses in real estate
You're buying your first home, and you’ve done all the research and taken all the right steps. When you made the seller an offer, you made sure that you had a few contingencies in place in the contract. If the house doesn’t appraise well or your funding falls through,...
What makes co-ops different from condos?
Before you buy a co-op unit (technically, shares in the corporation) or start a dispute with your board, it could help to know how your ownership would differ from more common forms of home ownership, such as condominium. This knowledge could inform your decision. It...
What should a New York homebuyer ask before making an offer?
Buying a home is the biggest financial transaction most people will make in their lives. This is especially true in New York, where residential property values are among the highest in the country. Whether the home in question is an apartment, a condo or a suburban...
A short sale can be a good deal, but frustrating for a buyer
Anyone who has ventured into New York's residential property market recently knows that apartment and condo prices in the city are at an all-time high. People who are in the market for a new home may wonder whether they can get a good deal on a short sale. They may be...