We are living through an unprecedented time where nonessential businesses have closed, schools have moved to virtual learning, and everyone is encouraged to stay home except when absolutely necessary. Among the many changes and adjustments we have all had to make due to the Covid-19 pandemic, there are certain legal questions and issues that have […]
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Weinstein, Chase, Messinger, & Peters attorneys are proud to announce their big real estate success at appealing an unfavorable building sale contract at a price below current market value, leading to a 14 million dollar sale benefiting their client, Madeline C, one of the partners of Regent Associates. THE BACKGROUND In 2013, Regent Associates started […]
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Estate Planning: It Is Never Too Early (June 10th 2018) When you hear the word “estate,” a fancy home on sprawling acres of land may come to mind. However, an estate actually refers to a person’s assets. Almost everyone has an estate of some kind. If you own a house, a car, stock in a […]
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Buying a home is a massive financial investment into your future. Before you sign the check, you may want to think about what you are really paying for. Can any costs be negotiated? Are you paying a fair price? These are all important questions that need to be answered. Hopefully, you have retained the services […]
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When you are in the process of buying or selling a home, the most important day of the entire process is closing day. This is also perhaps the most exciting day of the real estate transaction and is when the process is finally over. On closing day, the seller of the home hands over the […]
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Unfortunately, people often find themselves in unstable financial situations and they can no longer pay the mortgage on their house. You might get a notice of intent to foreclose, meaning that you have missed enough payments that you can no longer own your house and have to give up the title. The first step when […]
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When a person is considering selling their home, there are a lot of factors that need to be considered. It is best to wait until the real estate market is a “seller’s market” to sell if possible. This occurs when the number of homes for sale is lower than the number of people wanting to […]
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In New York both sellers and buyers are represented by attorneys in home sales. If you are selling a home in New York, you will hire a real estate agent to market and negotiate offers on the property, and also an attorney to prepare the sale contract and to represent you at closing. A real […]
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Foreclosure can happen due to unforeseen financial circumstances. If you stop making mortgage payments, you can lose your home to foreclosure. Foreclosure allows the owner of your home loan to sell your home to satisfy your debt. Financing a home loan involves a promissory note and a mortgage. A promissory note is your agreement to […]
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Obtaining lower monthly mortgage payments can be an attractive proposition, however, there are costs associated with it so it is important to do a cost-benefit analysis. Refinancing costs and changes involve a change in interest rate, a change in loan repayment length, and a possible change in the type of rate, whether fixed or adjustable, […]
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