If you are getting ready to buy a home in the Queens County area, you should do more than look for houses that meet your criteria. As much as you enjoy the thought of owning your place and not having to pay rent anymore, there are some factors that can trip you up...
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How short sales work in New York
When homeowners begin having trouble making mortgage payments, many try to deal with this issue by placing their house on the market. However, what happens if your home went down in value since you bought it, and now you owe more than you could possibly get for...
3 reasons for mortgage modification denials
Financial challenges affect many Americans, whether from a sudden change in circumstances or a gradual descent into debt. In fact, they are so common that, according to Forbes, one in four people in the U.S. deal with symptoms resembling PTSD as a result. If you are...
Other costs associated with buying a house
Buying a home is one of the single-most effective methods of building wealth over time, but it does not always come cheap. The price you ultimately pay for your home often far exceeds the asking price, and while some reasons why are obvious - such as the fact that you...
Some things to keep in mind when buying a home
Purchasing a home is a huge step in anyone's life, and while it is extremely exciting, it can also be very stressful due to the various legal implications associated with owning property. There are several things one must keep in mind during the process of looking for...
Some things to keep in mind when buying a home
Purchasing a home is a huge step in anyone's life, and while it is extremely exciting, it can also be very stressful due to the various legal implications associated with owning property. There are several things one must keep in mind during the process of looking for...
6 tips for purchasing your first property
Leaving behind the rental market in favor of home ownership is a major decision, especially in New York City. When competition is high, buying a house or condo can not only be expensive, but it can also take time.If you have never purchased property before, entering...
NYS STAR Tax Credit
After you close on your new home you should apply for the NYS STAR tax credit with the New York State Tax Department. To be eligible to receive this Basic STAR credit, the home must be your primary residence and the total annual income of you and your spouse combined...
Three types of New York flip taxes and how they impact buyers
Finding that right apartment, condominium or co-op unit in New York can be akin to searching for the Holy Grail. Once you find the property that meets your requirements for location, layout and price you may need a moment of silence to celebrate.Once your celebration...
Avoiding Litigation with Neighbors
While the vast majority of my Real Estate Litigation practice involves actual lawsuits, I pride myself in attempting to stave off litigation between neighbors when possible. In this regard, bringing neighbors together to inspect the premises and trying to understand...
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