Which wellness design features do today’s home buyers want?
It’s a seller’s market at the moment in New York and New Jersey. Real estate attorneys have seen clients engage in frantic bidding wars in the quest for a new home as low mortgage interest rates and low inventory of houses have driven house prices...
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Category: Real Estate
Who Pays Closing Costs?
There are some big numbers flying around in real estate deals and this means potentially large financial consequences for both buyers and sellers alike. Closing costs, for instance, can get very pricey and may be more than you bargained for if you aren’t paying attention to the details, and there can be a...
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What to Expect in the 2022 Home Buying Market
As the decade-long housing shortage collided with record-low mortgage rates, changing labor demographics, and increased chances for younger homeowners to purchase their first homes, the COVID-19 pandemic sparked a home-buying frenzy in 2021.
With record-low loan rates, the fastest yearly rise in single-family home values and rents, record-low foreclosure rates, and the largest amount of...
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Timeshare Trusts and Estate Planning: 5 Things to Consider
Making preparations for what you want to happen to your timeshare when you pass away can be a difficult task. Many timeshare owners wish to pass on their pleasant timeshare experiences to their friends or family.
If this sounds like something you’re considering, it’s essential to talk with prospective beneficiaries ahead of time. Because timeshares...
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How Does a Realtor Set Your Home’s Listing Price?
When hiring a real estate agent, you may be wondering how they'll accurately price your home for sale. It isn't magic, but there is a great deal of skill and expertise required in the process.
It's a good idea to keep in mind that there is no such thing as a single list price. Different...
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Tips for Negotiating Repairs After a Home Inspection
As a real estate buyer, you may be anxious to wrap things up and close on a property. The process can be long and arduous. Finalizing the deal is likely something you are looking forward to with great anticipation. Don’t let the rush to the finish line prevent you from taking important steps to...
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Buying a Home? Reasons Why You Should Hire a Real Estate Attorney
Buying a home is an exciting, and often stressful, time! For many, purchasing a home may very well be the single biggest purchase they make in a lifetime. In addition to the financial investment, there is also a significant emotional investment in buying a home, a place where many hope to build memories for...
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Common Home Buying Mistakes
Buying a home can be an exciting, albeit an overwhelming and expensive, endeavor. In fact, for many, if not most, people, buying a home will be the single largest purchase they will ever make. Because of the sizeable financial investment people make in a home, not to mention the fact that you are...
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What Is a Binder in Real Estate?
The complexities of real estate transactions can hardly be understated. Even those who have bought or sold a home in the past may feel overwhelmed when confronted with another real estate deal. Despite the complexities, however, it can be important to understand some of the basics. This can be especially true considering that...
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What Do Home Inspectors Look for in New York?
Selling, and buying, a home can be an emotional rollercoaster. The highs and lows and worries can really take you for a ride. When you finally get that offer on your house, you may be excited and relieved, but then worry may start to set in. The looming home inspection contingency clause that...
What Do Home Inspectors Look for in New York? Continue reading…