Buying a home is one of the most exciting adventures most people will ever have – but not all home sales have a happy ending. Issues with property titles can cause a real estate sale to grind to a screeching halt until the problems are resolved. Some of the most...
Residential Real Estate
Why those with a pre-approval may have to cancel a closing
Purchasing residential real property in New York is typically an expensive and involved process. The search for appropriate options can take weeks, if not longer, to complete. Additionally, a lack of adequate inventory on the market has led to intense competition for...
Will an owner lose all property rights after a New York tax sale?
When someone falls behind on mortgage repayment obligations, their homeownership may be at risk. Failing to repay a mortgage per the terms of a lending contract can lead to foreclosure, a process by which a lender reclaims a home that serves as collateral for a home...
2 important contract inclusions for New York homebuyers
Making an offer to purchase real estate generates a very large financial obligation on the part of the aspiring buyer. Real property in New York will typically feature a six or seven-figure price tag, and people often need a full 30 years to pay off their mortgages....
How can owners resolve a boundary line dispute in New York?
Square footage matters to many Albany-area property owners. Many people sometimes try creative, quirky things in their hopes of maximizing what their property is worth. In some cases, these behaviors end up infringing on the rights of their neighbors and cause...
2 important rules about eminent domain claims in New York
When someone inherits or purchases real property, they expect to own it for life unless they choose to sell it. Many people who invest in real estate want to hold onto it for years to maximize their returns. Others may simply purchase land with a home they wish to...
Here’s what happens at a real estate closing
When you are buying or selling a residential home in New York, closing is the final step in the process. This is when the property changes hands and the money is exchanged. However, prior to closing, several steps are completed, such as the following: Deposit in...
Insights to know before listing your home on the market
At some point, the time may come to sell your home. That could be the right step for people whose New York properties have exceptional market value. However, obtaining the preferred price for a home may involve taking several steps to get it ready. Potential sellers...
What is a quiet title action?
Buying or selling a real estate property in New York comes with a lot of paperwork. In some instances, the transition is smooth and the sale concludes with minimum hurdles. The parties may experience disputes in other situations. One involves what's known as a quiet...
What do zoning variances cover?
When buying a home in New York, you may have plans for the future of the property. Whether you want to build an addition, subdivide the land or expand your waterfront access, you should be aware of zoning regulations that may restrict what you can do with the...