Summer is finally here which means the housing market is really heating up. For those of you selling your residential property without the assistance of a real estate agent, there are a few things to keep in mind. One of the most important documents that you will prepare is the For Sale By Owner (FSBO) contract, which you will enter with your buyer. The contract sets out the terms of the agreement such as your purchase price and the obligations imposed on each party.
Everyone knows that buying a home can be expensive, but many don’t even think about the cost of selling. Home sellers often have a plan for the proceeds from their house long before the house goes on the market—a new home, a new car, maybe a vacation—and knowledge of the major costs of selling a house can help sellers properly budget the proceeds in preparation for paying more fees than they probably would have imagined.
Thinking of buying your first home? Keep reading for helpful information.
LegalEasy Episode #8: Tips for First-Time Home Buyers
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As of January 4, 2017, New York State regulations regarding brokers' treatment of consumer funds, real estate course subjects and hours, as well as business card requirements, were amended. The changes are generally helpful for real estate brokers and salespersons and modernize outdated regulations.
If you are like many individuals who are in the process of selling their home in the summer months, you may be wondering how to get the best value for your home. By following these five areas of improvement, which may cost as little as a few hundred dollars, you could be getting a higher return on your investment once your property is on the market.
Would you move forward with buying your dream home if you were informed a murder had taken place there? What about if the property is haunted? Understandably, many people would not.
Governor Cuomo’s 2016-17 Budget has passed, as well as the enactment of several pieces of legislation to implement the budget’s fiscal plan, resulting in the STAR exemption program undergoing some significant changes.