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Over 60 Years In Queens County

Thank you so much for all your help. You are a true God send and I feel blessed for having your assistance. Wishing you and your family well wishes and a Happy New Year too!

Thank you for “services rendered” to my complete satisfaction. On that note, a special thank you to Judy Ramirez and Veronica Fuentes for their many contributions. With your knowledge and experience...

Thank you for doing such a great job representing my son on the purchase of his condo. As I am sure you could tell, he was very nervous about the whole thing, been waiting for the other shoe to...

On behalf of the family of the Estate of Marlene U., I would like to express my sincere gratitude to the law firm of Futterman, Sirotkin & Seinfeld, LLP for its unwavering commitment...

I feel blessed that somehow your firm in and my life crossed because the result is the quality of my mother’s life in respect to current and future needs is secure …

Dear Martin and Ira, thank you so much for working so hard on my case for so many years. My life changed 10 years ago when this occurred. I'm glad this chapter of my life has closed.

Just wanted to express how happy I am with your firm. I have known you for over 15 years starting with the purchase of my first home and when I continued utilizing your services when...

Words can not fully express how grateful and impressed I am with your outstanding services. Working with you and your staff not only made me feel comfortable and reassured but ...

I wanted to express my sincere gratitude for your efforts over the last two years regarding my case. Your attention to the details surrounding-my case was second to none...

Me sentir bien comoda con mi dos abogados, el Sr. Martin y el Sr. Futterman, que me trataron mi caso con mucha delicadeza y puecieron mucho tiempo en mi case

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Real Estate Archives

Information on 1031 tax deferred exchanges

Internal Revenue Code Section 1031 allows owners of real estate investment property to sell their property and purchase new property with the proceeds of the sale while deferring the taxes which would ordinarily be due as a result of the capital gain realized on the sale. This is commonly known as a "1031 Tax Deferred Exchange", or a "Like-Kind Exchange". There are very specific rules which must be strictly adhered to for this vehicle to be successfully employed. However, if properly handled, the 1031 exchange can allow investors to legally defer the payment of capital gains taxes which would ordinarily be due on the profits realized from the sale.

Missed Mortgage Payments, Short Sales, Foreclosures and Modifications of Loans and Their Impact on Your Credit Report

The downturn of the economy has drastically affected the real estate market and the ability of homeowners to stay current with their mortgage payments. Many individuals have lost their jobs, resulting in many homeowners not being able to make their mortgage payments. Homeowners have attempted to modify their loans or sell their homes in a short sale (A short sale is when a homeowner is selling his home for less than what is owed on the mortgage). Others have lost their homes in foreclosure.


PAFSS handles real estate litigation throughout the boroughs of New York City, Nassau and Suffolk. When the real estate bubble was heating up, sellers tried to get out of deals because they thought the property was more valuable than the price that they agreed to sell it for. At this point the buyers would try to force the seller to complete the real estate contract. Many PAFSS clients have been successful in obtaining the bargained for real estate in these lawsuits.

Do you qualify for a Short Sale?

If you bought your home several years ago when the Real Estate market was booming and financed it with a mortgage, and then possible took out a 2nd mortgage or a home equity loan, you may be one of thousands of homeowners who are "under-water". This means that the amount that you owe the bank on your loan(s) exceeds the current value of your home. If you are unable to afford to make your monthly mortgage payments and wish to sell your home, you may be a candidate for a "short sale"


New York City recently launched an excellent program which allows homeowners or their designees to receive notification if a deed, mortgage, deed related document or mortgage related document is recorded against their real property without their knowledge. This program will allow homeowners to learn of possible mortgage scams or property scams very quickly, while there is still time to do something about them and limit the damage caused by these crimes. Click here to be directed to the New York City Department of Finance Notice of Recorded Document form where your can register. You will insert either your address or Block and Lot. You then type in your address, phone number and email address and request how you wish to be alerted, including by email, regular mail or text message. If you prefer, you can also register for this program by telephone by calling 311.

Welcome to our Queens New York Legal Blog

Personal injury and medical malpractice law change fast. Each day, state legislatures and judges make numerous decisions that impact the way cases are prepared and presented for court. At Pearlman, Apat, Futterman, Sirotkin & Seinfeld, LLP, we know that it's important to stay current with legal issues. That's why we follow the legal stories that will have an impact on the strategies we use while protecting your rights.

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