Why should New York care who buys property in the state?
Are you thinking about buying some undeveloped land as an investment? Maybe you have plans to resell it in the future, or you're going to try to develop it yourself.
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.
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.
You just bought your first home -- so, congratulations are in order! You're excited, and you're ready to settle in!
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.
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 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.
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?
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.