The real estate market turmoil in the last few years has affected the mortgage industry in unprecedented ways. For the first half of the last decade, the industry was
Read more %1$sTOPPING THE CHARTS AT NO.19 DURING CHRISTMAS ON AMAZON AS SANTA BROUGHT IT TO MANY HOMES
Amazon Best Sellers, Best Sellers in Buying & Selling Homes. The most popular products based on sales.
Read more %1$sFHA sets new rules for reverse mortgages
Fixed-rate program eliminated — making reverse mortgages less risky for government, less lucrative for homeowners You’ve probably seen the reverse mortgage pitchmen at work on your TV screen — former
Read more %1$sNo. 1 Sales Agent for Flood Insurance: Sandy
By ANNAMARIA ANDRIOTIS First came superstorm Sandy. Next came a different kind of deluge. Insurance agents and brokers say calls from homeowners inquiring or applying for flood insurance—which isn’t included
Read more %1$sReligious Conversions
As congregations shrink, more churches are selling properties to residential developers. High ceilings and stained glass create ambience, but aging buildings make going from God’s house to townhouse a challenge.
Read more %1$sHeading Off Gift Taxes
Joint property owners, 401(k) matches and deductions for medical expenses.
Read more %1$sNEW Corporate Offices May Not Include…Offices!
Office space is changing. That is for sure. In the last two years I have worked with three Fortune 500companies that have cut their existing offices spaces by more than 50% (without cutting employees). Hard walls are out. Cubes are in. There are reasons for this:
Read more %1$sNew Use for an Old Tool: Collecting Rent With an Account Stated, New York Law Journal
Commercial leasing litigation has become an art form and in states like New York, attorneys have, as a result of technicalities, suffered non-paying tenants remaining in possession for years.2 Against that background, two New York seated courts have refurbished an old weapon for property owners to use in their battles against commercial tenants unjustifiably failing to pay rent.
Read more %1$sPitfalls for Buyers: Careful Drafting, Detailed Inquiries Minimize Risk, New York Law Journal
Recent case law demonstrates that buyers of residential property with rent-regulated units have been blind-sided by financial risks arising from their attorneys’ ignorance of rent regulatory laws. Although many of these cases go unreported, the recent decision of Newport Partners v. DHCR,1 is typical of the hazards uninformed transactional attorneys can create for their clients.
Read more %1$sPower Is On, but Some Still Shiver
As electricity returned on Wednesday for every New York City public-housing resident, another dangerous impact from superstorm Sandy lingered: More than 15,000 of those residents have no heat with a cold snap descending on the region.
Read more %1$s
