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Residential Real Estate Archives

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.

Protect yourself against material defects when buying a home

The home-buying process is not always an easy one, and there is always a pinch of risk that comes with a purchase. For the most part, sellers are honest and disclose when there are serious issues with a home. However, there are times when sellers don't disclose issues that they know about. For instance, a seller may try to cover up the fact that the basement leaks or that there are other serious defects in the home.

Can neighbors hurt a real estate transaction?

There are many things that can stop a real-estate transaction in its tracks, but nothing hurts a sale more than finding out a property has awful neighbors. There are various ways neighbors can hurt a sale, like by having unkempt lawns or being nosy or noisy.

Millennials choosing to buy homes in booming market

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.

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.

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