The average buyer might look at a property and think they know enough about it to want to buy it. However, many times they would be wrong. There may be a big difference between what they think they are buying and what they are actually buying. For example, the...
Selling a home in Brooklyn is an exciting but complex process. As one of the most dynamic real estate markets in the country, Brooklyn offers unique opportunities and challenges for sellers. Whether you’re selling a brownstone in Park Slope or a condo in Williamsburg,...
An easement is an agreement governing land use. Essentially, the property owner is allowing someone else to use that land, often with specific guidelines. The person is not allowed to alter the property or restrict the owner’s ability to use it, but they do have the...
Property boundary disputes commonly cause conflict between landowners, neighbors and even businesses. The disputes occur for several reasons. A truly significant or contentious dispute could wind up in court, which may ruin or strain prior relationships. Understanding...
You may have heard that there was recently a multimillion-dollar settlement in a class action lawsuit against the National Association of Realtors (NAR) that would have ramifications for the housing market across the U.S. However, it’s understandable that unless...
Housing is a pressing concern for New York residents, especially in the city. The need for housing in a limited real estate market has led to several models. Cooperative housing, commonly referred to as a co-op, is a communal living arrangement found in many New York...
Missing two mortgage payments in New York will often trigger a foreclosure, which is a legal process where the lender takes possession of a borrower's property to repay their debt. Foreclosures can be devastating for homeowners and have long-lasting impacts on their...
Many New York residents purchase condominiums because they provide an affordable path to home ownership. People who buy condominiums own the units they live in and pay a monthly homeowners association fee to cover the costs of maintaining and improving common areas...
It's no secret that New York has some of the most expensive apartments, condos and properties in the United States. So, many money-savvy adults want to split costly monthly rent expenses by taking on a roommate or two. Unfortunately, while roommates can split renters'...
The residential real estate market in New York City is showing signs of recovery. Home contract signings in Manhattan and Brooklyn rose sharply in February, but they remain far below 2022 levels. Residential sales in the city plummeted in 2022 due to soaring...