Residential Real Estate

You have been thinking about buying a home in the Bronx, but you often hear people talk about being at the “right stage in life” or finally getting to an age where buying a home makes sense. You’re simply not sure if you’re there, and you don’t want to make a...

There's a trend that's been growing in popularity here in New York City in recent months. It involves Manhattan residents relocating to the Bronx. The reasons why an increasing number of Manhattanites are relocating here to the Bronx are varied. Many of the reasons...

Buying residential real estate in New York means taking calculated risks. You will likely need a mortgage, and being able to repay that debt means you need to remain continually employed for decades, in most cases. Your property could also lose value. It can be hard...

There are two ways to learn the things you should and should not do when closing a real estate: The easy way and the hard way. Unfortunately, most home buyers learn the hard way.  Whether it has been occasioned by a lapse in judgment or the stress of buying a home,...

When you buy a home, you may be thinking of your family first and foremost. You need a place to live, and a home gives you the type of stability that you just can’t get with renting. It also gives you a place that really feels like your own.  It’s also a very big...

Carrying out adequate checks before committing is crucial to the success of any residential real estate purchase. Yet, New York is not the wild west, and the laws do not place all the onus on you as a buyer. New York state law requires sellers to disclose certain...

Whether an attorney needs to be present at a real estate closing varies by state. New York Judiciary Law § 484 specifies that the Empire State requires a licensed attorney to preside over all real estate closings. If you are skeptical about the need to have a real...

You’re planning to put your house on the market and buy a larger one to accommodate your growing family. Then a sibling, cousin or former in-law mentions that it’s just what they’re looking for as they downsize or relocate. That will simplify things considerably,...

After diligently saving for years while renting a cramped apartment, you finally have enough money set aside to make a reasonable downpayment on a property. Getting pre-approved for a mortgage and starting to tour properties can lead to home buying fever. If left...

Shopping for real estate can be an exciting adventure. Letting the imagination run wild envisioning living in a place can be exhilarating.  When viewing a property, however, it is important to look out for some major “red flags” that could be warnings of trouble to...