Your Neighborhood Real Estate Law Firm
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...
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...
Many people would like to know if anyone passed away peacefully or violently in the house they are looking to buy. The discovery that someone did die in a house may cause a buyer to look elsewhere to avoid being associated with the death. Do sellers need to tell...
In New York, real estate sales are governed by specific laws that require sellers to provide potential buyers with detailed disclosures about any particular property. These requirements are designed to ensure transparency, allowing buyers to understand a property's...
Whether you’re in the market for residential or commercial property, you likely want to purchase one that will increase in value over the years. That’s why you’ll want to beware of any property-related concerns associated with functional obsolescence. Most people...
Transparency is vital to a smooth transaction and legal compliance when selling a home. Sellers are typically required to disclose specific information about the property to potential buyers. Disclosures ensure that buyers are fully aware of the property's condition...
Since the homebuying market is so competitive, finding a great deal may require a little extra effort. However, don’t fret, because there is almost always something out there for every potential homebuyer. If you’re looking for a new home that’s below market value,...
If you’re looking to buy a home, the first step may be to contact a mortgage lender. You will provide them with documentation, such as proof of your earnings, and they will then give you a preapproval letter. This will tell you roughly how much money the mortgage...
A home purchase is one of the riskiest financial transactions you may make during your lifetime. Since a lot could go wrong in a residential real estate transaction, you may wonder if you should consider legal guidance, but how do you know it will help? Each state has...
This year has brought unprecedented flooding to New York City and other parts of the state. This helped spur efforts by state lawmakers to craft legislation that would increase home sellers’ responsibilities to disclose known flood risks to potential buyers. In...
