There are homes in the Bronx neighborhood that are rich in history, dating back to the 19th and early 20th centuries. These homes showcase the borough’s architectural heritage, with styles such as Colonial Revival, Art Deco and Victorian. The allure of these homes can...
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Residential Real Estate
Do sellers need to disclose if a home is “haunted?”
When in the market for a home in New York, buyers may want to know the history of a residence. This could include major renovations, damage and even significant events that occurred in a home. But what if someone claims a house is haunted? Properties that have...
What if there’s new damage to a home during a final walkthrough?
Many buyers think of real estate transactions as done deals once a seller accepts an offer. They believe that all they need to do is wait until their closing date and then their possession date. However, there are countless things that can go wrong between when the...
The benefits of a quiet title action when selling your home
When selling your home, you want to ensure that the property title is clear and there are no unresolved disputes or claims. Otherwise, you might encounter issues during the sale or face difficulties transferring ownership to the buyer. A quiet title action can help in...
Dream home or money pit? Why skipping an inspection is a gamble
Scoring your dream home in the Bronx real estate market feels like winning the lottery. Bidding wars erupt over charming bungalows, and open houses resemble feeding frenzies. In the heat of competition, some buyers resort to waiving their home inspection – a seemingly...
Tips for selling your house after a decision to divorce
Selling a home during or after a divorce can be a complex and emotional process. It’s often one of the most significant financial decisions a divorcing couple will make, as the sale’s outcome can impact each party's financial future. As such, effective communication...
How new mandatory disclosures affect New York real estate sellers
For years, real estate sellers in New York have had the option of giving a buyer a $500 closing credit instead of filling out the state’s Property Condition Disclosure Statement, wherein they have to list everything they know that might be wrong with the property. As...
Why New York property owners can’t ignore boundary issues
New York real property owners, especially residential property owners, may not think much about the physical “ground” plot or parcel that they purchase. After all, most residential parcels are only a fraction of an acre. The focus when buying a home is often on the...
How will the NAR settlement affect home sellers and buyers?
It looks like the cost of selling (and buying) a home is going to be dropping this year, no matter where you live in the U.S. That’s thanks to the settlement reached this month by the National Association of Realtors (NAR) and home sellers participating in a class...
Key considerations when buying a multi-family dwelling
Purchasing a multi-family dwelling is a significant investment that can result in lucrative returns but can also be risky in ways that could compromise its potential to deliver on the “promise” of such returns. As such, whether you’re an experienced investor or new...