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A few steps necessary for buying residential real estate

Purchasing a house is a big step, particularly for those who are unfamiliar with the process. The residential real estate market in New York can be especially complicated to navigate for first-time buyers and even for more experienced home purchasers. A few tips may help would-be buyers to take the right steps during this multifaceted process.

Protecting your interests as a first-time homebuyer

Buying a home is exciting, but it is a major financial and legal step for a first-time homebuyer. Purchasing a residence can be quite a complex process, and a buyer will find great benefit in working hard to avoid common pitfalls and legal complications that can arise before and after a sale is final.

Did the seller accept your offer on a house? What happens next?

Congratulations on your impending purchase! Buying a home of your own -- especially for the first time -- comes with a great deal of excitement. However, you might find yourself scratching your head, trying to figure out all of the steps that must take place before the seller's hands over the keys to your new home. Understanding the process helps alleviate any anxiety or hesitation you might feel.

Resolving boundary disputes with neighbors

Everyone hopes for agreeable terms with their neighbors. Boundary disputes do happen though; they might be an intentional breach of territory, but often times, they are a misunderstanding or an honest mistake. Either way, it is important for you to protect your interests and avoid losing value on your property. It is usually in everyone's best interest to avoid a legal battle, so here are some other methods of resolving this issue.

In the market for a new home? Perform due diligence with the home's deed.

Given the realities of limited supply and high demand that characterize the Bronx real estate market, it can be tempting to sign a real estate contract for that dream walkup or condo that may be snapped up in a matter of days. You may be drawn to the residence's original wood floors, vaulted ceilings and refinished kitchen; however, rushing into a purchase may be a decision you could grow to regret years down the line. Beneath the property's remodeled surface, nearly imperceptible flaws can be present in various forms.

Long-tenured law firm serves real estate clients across NYC metro

Some New York City law firms are so-called "boutique" entities that take on work and represent clients pursuant to a specialized and narrow focus, such as divorce attorneys or defense lawyers who defend drunk drivers against criminal charges.