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Focused on Residential and Commercial Real Estate

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August 2019 Archives

Residential real estate sales hot in July

Home sales throughout the United States, including in New York, appear to be hot so far this summer. Specifically, sales of existing homes increased in July. This suggests that today's relatively low home loan interest rates are starting to drive residential real estate sales following a weak selling season this past spring.

Commercial real estate is a top area for investment

Investors in New York who are looking to grow their bottom lines may be wise to pursue nonresidential properties this fall. The reason for this is that experts say that now is the best time within the past 40 years to buy commercial real estate. Here are a few reasons why commercial real estate appears to be an excellent investment in the years ahead.

What is adverse possession and does it affect your property?

As a New York property owner, you want to know everything there is to know about your land or property. After all, if you aren't sure what's yours, how can you protect it? There are certain legal issues that could impact your property use, including something called adverse possession.

Wills, other documents should answer several questions

Many individuals in New York understandably prefer to discuss topics other than death. This is why many resist the idea of creating estate plans, which includes drafting wills and other documents. Unfortunately, failure to engage in estate planning means that an individual's assets may not be protected long term. In addition, people's wishes regarding what will happen to their family members in the event of their deaths may not be upheld. Here is a glimpse at some critical questions to ask when embarking on the estate-planning process.

Commercial real estate improvements may help sellers

When owners of nonresidential properties are ready to sell their properties, their first area of focus may be on what they can do to attract buyers to their properties. Potential commercial real estate improvements vary in cost and complexity. However, here are a couple of major ones worth considering before putting a property on the market in New York.