When your last surviving parent died, you probably assumed that his or her home would be sold and the equity divided among you and your siblings.
Is a second mortgage a bad idea?
You've seen the letters in the mail. They're offering you money based on the equity that you've built up in your home.
Suing for nondisclosure of a defect in a home
You just bought your first home -- so, congratulations are in order! You're excited, and you're ready to settle in!
New York City property owners bracing for changes
Six New York City bills passed as part of the Climate Mobilization Act could affect real estate sales. That's because property owners must make fixes to increase energy efficiency and cut carbon emissions or be fined.
What is a mortgage contingency clause?
Real estate is a big investment. In fact, for many people, purchasing a house is the biggest financial transaction they're ever going to make. Therefore, it pays to be cautious. That's where a mortgage contingency clause can come in handy.
Investing in residential property? Run if you see these problems
Investing in residential property is popular for a number of reasons. It's often a great way for novice investors to get started when building a real estate portfolio and lease negotiations with renters aren't nearly as complicated as the kind that comes with commercial property.
Can you back out of a house deal?
What happens when the "house of your dreams" suddenly seems like a nightmare proposition, and you just want to back out of the deal you made to buy it?
Know your rights if you find material defects
When you are purchasing a property, it's important to know what you are getting. Even with a property inspection, it is possible to find that there are problems with the house after you purchase it.
Property taxes a growing problem for low-income New Yorkers
If you own property in New York, you may have noticed that your property taxes continue to increase. Property taxes have actually grown at three times the rate of incomes in New York. A Sept. 7 report discusses how homeownership is something that many people aspire to, but it can be a black hole of fees and taxes.
What can you do if a seller doesn't disclose problems in a home?
If you buy a home and later find that it has significant issues, you may be in a position to file a claim against the previous owner. Not all situations can result in a claim, though, just because you're unhappy with a property.
