New York has some of the country’s most unique real estate laws when it comes to both buying and selling property, particularly if you are planning on buying a co-op or condo. Accordingly, being familiar with New York’s real estate laws and how to buy real estate in NYC is the best plan for you…

If you’re like most people, some form of debts, whether it’s credit card, auto loan, student loan, or a credit line, are required to navigate through life. However, sometimes when your debt becomes more excessive than your income, you will run into financial worry. In this article we discuss how to manage your debt and…

Buying or selling a home is the largest financial transaction most people will be part of during their lives. Hundreds of thousands of dollars will be exchanged for a property. This property—the center of the transaction—and the legal documents surrounding it should be well-understand by both buyer and seller. Legal documents that are agreed upon…

If you’re fortunate enough to be a resident of the great state of New York, then refinancing your home doesn’t have to be as expensive and difficult as it normally is. Whereas most purchasers in the U.S. have to pay the full value of closing costs consisting of loan origination fees, appraisal charges, and credit…

Purchasing a house can be a very difficult time. Not only do you have to worry about getting the home for the right price, but then you have to worry about home inspection, securing financing, and then finally, the closing. However, when it comes to purchase agreements, what happens when the seller changes their mind…

Paying off your mortgage every month can be a very daunting task, especially if you miss a payment and are unable to pay your mortgage. Most homeowners or borrowers believe that if you miss a payment you may as well throw in the towel and agree to give up your home. Fortunately, however, in reality,…

This article shall address the questions and concerns when there is a breach of a real estate contract by a buyer. Selling a home can be troubling enough, but it can be even more worrisome when there is a real estate breach of contract. Understanding and being familiar with real estate contract law can be…

Whether you’re purchasing your first home or if you’re a veteran when it comes to real estate and you’ve purchased multiple homes in the past, at some point, in each real estate transaction, you will encounter the term “Due Diligence. ”You’ll hear experts say to make sure to “do your due diligence” when buying property….

Purchasing a home can be a long and stressful process, especially when purchasing an older home from a prior owner. This is both due to the complexity of the home sale process and the possibility of discovering home defects after purchase. Most houses will have minor items that need to be either fixed or replaced…

The real estate market is a fickle ally and is subject to peaks and falls. Unfortunately, deciding when the best time to buy a house might be more difficult than it may seem. As real estate attorneys serving clients in the very competitive New York City real estate market we are often asked by clients,…

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