Residential Real Estate

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...

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...

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,...

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...

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...

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...

For landlords of residential property in New York, there are a few points to keep in mind as we enter the tax season. Rent payments from residential property are of course considered taxable income. But rental income also includes advance rent, which must be reported...

Owning real estate in New York can be both exciting and lucrative; however, this experience can have its fair share of obstacles. Whether people own individual property, a small business, a co-op, condominium buildings or large commercial properties, real estate...

For New York residential real estate developers, obtaining financing on favorable terms is essential. Once financing is obtained, staying current on the loan payments is also critical -- a default can put the project in jeopardy of foreclosure. Recently the developer...