Finding Business, Real Estate, and Litigation
Solutions That Meet Your Needs

Real Estate Transactions Archives

Should you buy a New York City apartment from a divorcing couple?

With all the complexities involved with buying an apartment here in New York City, if you learn that the sellers are divorcing, should you give the property a hard pass? Not necessarily, as they may be doubly motivated to unload the property.

Should you finance your home's buyer?

Should you offer to front the money a buyer needs to purchase your home? It may sound a little crazy, but seller-assisted financing is a viable option for a lot of owners who need to unload their property and can't find a buyer quickly on the regular market.

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.

How do you protect yourself during a short sale?

You were so excited to buy your home and everything seemed perfect -- until your financial troubles set in. Maybe you got a divorce, lost a job or had a medical crisis in the family. Whatever the issue, your mortgage suddenly became more than you could handle, and you started looking for a way out of your situation. The home goes back up for sale.

Office Location

Turek Roth Grossman LLP
377 Fifth Avenue
Sixth Floor
New York, NY 10016

Phone: 212-223-3562
Fax: 212-223-3614
Map & Directions