Buying a home is often a dream of the young or newly married couples. Owning a home is a way to increase your worth and encourages you to invest your money into something solid. A home is a real asset that could become valuable as the economy improves and houses become a commodity in your local market.
Knowing your rights as a homeowner gives you leverage
As someone who is aging, you may worry about being able to make your payments on time for your home. If something goes wrong, will you be kicked out of your house? Are any of your rights as a homeowner protected?
Asking questions helps you make a good home purchase
When you're ready to purchase a home, there are many questions you need to ask. Failing to ask certain questions could result in problems down the line, so it's important to take the time to get a full understanding of the property you're purchasing as well as when the contract to purchase can be cancelled or voided.
What are some zones available in New York City?
New York City and the State of New York have various zoning laws you need to know about if you plan to build or buy a property. Zoning helps keep certain structures as residences while others are created for the purposes of commercial or business activities.
New York real estate does well thanks to celebrities
Thanks to celebrities being interested in apartment shopping in the Big Apple, New York real estate had a great year. According to a Jan. 2 news report, the real estate market had its good and bad times in 2017, but with celebrities making their homes in the city, they helped boost the overall value of homes in the area.
Mold: A danger that needs to be disclosed before a purchase
When you buy a home, you expect the homeowner and realtor to disclose any issues the home has, especially if those issues are costly or could cause health problems. One such problem in a home could be the presence of toxic mold.
What are 3 things to consider before buying a home?
Before you buy a home, there are a number of things you should know. Buying a home is a long-term goal for many people, and when you make that purchase, you want to know that it's the right one for your situation.
New development struggles in changing West Chelsea market
A new development in West Chelsea may be of interest to you if you love swimming. This 31-unit mid-rise is meant to have 4-foot-deep pools in over half its apartments. The pools will be indoor-outdoor units, giving people the option to swim in any weather conditions. They are heated as well, making them ideal for the winter months.
You should ask questions before hiring an attorney or realtor
Any time you decide you want to sell a home, it's important that you work with someone who has the skills and experience to assist you. Before you decide who you want to work with, you need to ask a few questions.
Can you sell a home without a clear title?
If you're ready to sell a home but aren't sure you have a clear title, that's something you're going to need to work out. Without a clear title, it's going to be incredibly difficult to find someone who will be able to finance a purchase. Mortgage lenders won't want to finance a purchase that doesn't have a clear title, because problems that arise from black marks on the title could affect the value of the property.
