When it comes to buying and selling property, you can expect to encounter many real estate terms you may not be familiar with — “as-is” is one of those terms. It is critical to look out for these terms in your contract and understand what they could mean for you and...
Encroachment of Property in New York: Everything You Need to Know
Land encroachment refers to the illegal occupation of land that belongs to someone else. This type of activity can happen in many ways. If you are the victim of encroachment of property, reach out to a real estate attorney at Merlino & Gonzalez.
Encroachment of property can result in...
Estate Planning for Blended Families: A Complete Guide
Estate planning is critical to ensure that your assets and property are distributed according to your wishes after you pass away or become incapacitated. But those with blended families often experience unique estate planning challenges.
This is especially true when a blended family includes children, stepchildren, or grandchildren....
How to Prepare for Real Estate Mediation
Real estate mediation is an ideal method for resolving disputes without taking on the expense and stress of court proceedings. Ideally, successful mediation will put an end to a dispute in a way that leaves both sides satisfied.
The key to making the most of real estate mediation is...
What Is a Quiet Title Action and When Is It Necessary?
In the complex world of real estate law, quiet title actions are essential legal mechanisms that help parties resolve disputes and clear clouds on property ownership.
If you're considering buying or selling property in New York, learn how quiet title actions may affect the process and how these lawsuits...
Can the Sales Price of a House Increase After Listing?
Ordinarily, when a house is listed, the sales price is set in stone when the listing becomes public. However, there are some situations where a sales price will change after listing. It will typically go down due to a lack of demand, but there are circumstances where it may go up as...
How to Protect Your Assets After Entering a Nursing Home
While a nursing home can provide necessary assistance in your waning years, it can also be a source of consternation. Eldercare facilities are notorious for sapping their residents’ assets. If you have money you want to share with loved ones after your death, that’s something you want to avoid at all costs.
Is a Long-Term Care Insurance Policy Right for You?
Facing the possibility of spending your twilight years in a nursing home can be scary, especially if you aren’t certain whether you’ll be able to afford a good facility or leave your most valuable assets to your heirs when you pass.
A long-term care insurance policy can offer a...
Avoid These 4 Common Real Estate Disputes
Real estate disputes are a common occurrence for property owners across New York. Whenever different parties cannot agree on contracts, boundaries, property division, or sales, the situation can become heated and turn into a complex legal battle.
If you own real estate, the best way to avoid a...
Common Mistakes Real Estate Investors Make
Congratulations, you’ve decided to start investing in real estate! Investment properties, whether residential or commercial, can provide a steady stream of mostly passive income — provided you don’t make one of the common real estate investing mistakes.
If you’re new to the real estate game, professional guidance can...