The mortgage is often the highest payment that homeowners in New York make every month. The types of mortgage rates ensure that borrowers find a payment plan that works for their monthly budget. The following are the main types of rates they have to choose from....
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New York Real Estate
New York Law Blog
What is a quiet title action and how does it work in real estate?
If you want to buy or sell property in New York, you may want to file a quiet title action depending on the situation with the property’s title. It’s important to know what a quiet title action is and how it works. You’ll also want to know when it’s commonly used in...
What are the pros and cons of a triple net lease?
New York is a state with some of the most in-demand properties in the country. Considering that, it's understandable to get excited after finding an available property for lease in this state. One way that building owners lend out their properties is by utilizing...
How do you know when to lock in a mortgage rate?
A mortgage is usually the largest expense in someone's personal budget. Fortunately, there are ways to keep your mortgage rate low, and locking in a good rate is one such example. It's a tough decision about when to lock in such a rate in New York. Fortunately, some...
Tips for a quicker home sale
If you are selling your house, you probably want the whole process to be over with sooner rather than later. There are steps you can take that may make your New York home more attractive to buyers. Prepare for success First, you should set yourself up for success....
Earnest money and buying a home
Buying a home is a goal for many residents in New York. The process of completing the purchase can be tricky, though. Residential real estate is so expensive and takes so long to close that a large deposit is involved in the process. Understanding how an earnest money...
Four common contract contingencies that protect home buyers
Buying a home in New York is an important decision. With that in mind, it's a good idea for any home buyer to know about the property they're purchasing. If you've signed a contract on a home you no longer want, it's wise to learn about contract contingencies. Contact...
What home inspection reports can do for you
One of the steps that people purchasing a home in New York will need to take is having a home inspection. If you have never bought a home before, it can be difficult to know what to expect from this and what to look for in a report. What a home inspector does First,...
Can a home seller back out of the sale?
Under New York law, you can back out of a house sale even if you have an interested buyer. However, you'll have to back out at a certain time to avoid legal action. Otherwise, the buyer might sue you for a breach of contract. How do you back out of a sale? During real...
What exactly is a mechanic’s lien?
While home renovations can be a great market for any contractor, they do come with a risk. A homeowner may not pay you for the job that you performed. Fortunately, New York contractors and building material suppliers are granted the legal ability to file for a...
