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January 2020 Archives

Should you consider buying a short-sale home?

A short sale means that the lender is not going to get all of their money back. The homeowner still owes more than the value of the house. If you buy the house for the fair market value, the lender accepts that payment even though it does not entirely pay off the outstanding balance on the previous loan.

What to expect in 2020 for New York City real estate

The real estate market in 2019 in New York City had (more than) its fair share of ups and downs. Some of the more tumultuous events included deals with a tech industry giant that exploded with fanfare and then quickly died, changes to the way that rents are controlled that have landlords crying foul and sliding investment sales.

Is it time to buy out your partner's interest in the business?

Starting a business with someone is sort of like getting married and having a baby in one fell swoop. Not only do you inextricably link your finances with theirs, but you also try to produce something valuable and lasting together. Unfortunately, as with parenting a child, you may eventually have very different ideas about what the future should look like for your joint creation.

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