Summary: There are two sides to the eviction moratorium story and, while the tenant side gets told, the landlord/owner side often does not. _______________________________________________________ Cornavirus and an economic reality The coronavirus pandemic has taken a severe toll on a great many sectors of the U.S. economy, and of course on the American people themselves! This is […]
Spoiler Alert: The simple answer is that of course they can in the event of runaway inflation and/or an overheated economy, but in light of $26 trillion in federal debt that will soon rise by at least $1 trillion through additional stimulus (not to mention budget deficits for the foreseeable future), the question is whether […]
In the new normal of coronavirus or COVID-19, uncertainties have suddenly arisen concerning personal conduct, personal freedom of movement and financial stability, leading to changes in the conduct and implied responsibilities of the various constituencies that are party to a real estate transaction. And while contractual customs and mechanics may vary from locale to locale, the […]
Today, and rightfully so, parties to a New York real estate transaction are loath to sit in close proximity to each other regardless of the degree of social distancing being used! In certain instances they may also be unavailable for a sit-down as they are quarantining themselves voluntarily or, because they feel ill, have been […]
Today, and rightfully so, parties to a real estate transaction are loath to sit in close proximity to each other regardless of the degree of social distancing being used! In certain instances they may also be unavailable for a sit-down as they are quarantining themselves voluntarily or, because they feel ill, have been exposed to […]
With the 10-year treasury hitting an all-time record low yield today (February 25, 2020) of 1.31%, and mortgage rates at or near historic lows, does it seem to anyone else as if the banks are basically ‘giving’ their money away? For current homeowners with a mortgage already outstanding, or a property owner with far less […]
