Category Archives: real estate

Can U.S. Interest Rates Ever Be Allowed To Rise, I Ask Again Three Years Later?

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 […]

For New Yorkers, Being #1 Is Not Always The Best!

New York State, according to research at WealthManagement.com, is #1 among the 50 states in the tax burden on its residents! As the owner of a title insurance company I am obviously concerned with the health of the New York State real estate market. The levy of property taxes are always in focus, as are […]

Buying a Home in New York? What You Don’t Know Can Hurt (Cost) You!

Shopping for a home entails many factors that need to be considered, including financial, personal preferences, practicality, objectivity and realism! While we all have visions in our minds about the ‘perfect’ home, limitations can sometimes get in the way forcing compromise. Regardless, the process of home buying as described by various websites, for the most part covers […]

For Real Estate Transactions in New York City, There’s a New Process for Acquiring Water Bill Information

For the buyers and sellers of real estate in New York City, the responsibility for acquiring the information concerning a property’s water bill, normally that of the buyers title insurance provider, will now be arranged and paid for by the property owner! These are the details provided by the New York State Land Title Association… NYC DEP Water […]

The NYC and Long Island Real Estate Industry Needs Coronavirus Phase 2 In Order To Function! But…

real estate and coronavirus Phase Two

Long Island is going Phase 1 tomorrow, but what about New York City? In order to return to any semblance of normalcy, the real estate industry in the New York City/Long Island/Westchester region is anxiously waiting for Phase 2 of the coronavirus economy reopening to be implemented! So c’mon Phase 1 because, as the players and […]

Mortgage Loan Forbearance – ‘The Mortgage Market Improves, But the War Rages On’ – Warren Goldberg

Coronavirus finances in a vice

  The Potential Unintended Consequences of a Blanket 12-Month Moratorium (Forbearance) on Mortgage Payments, Due to Economic Hardship Caused by Coronavirus! There is no question that a great many Americans are being economically damaged, in a big way, by the government mandated shutdown of the U.S. economy due to pandemic. And yet, we can observe […]

Homeowners, Renters and Commercial Tenants Are Not Necessarily Created (Treated) Equal In The Coronavirus Crisis!

Visit and Follow us at Instagram, LinkedIn and/or Facebook For individuals with a mortgage on a house or for those who are renting their current home, some level of immediate temporary relief is being offered by the powers that be! And, the same type of relief is available to most consumers for credit card debt […]

Real Estate Considerations for Effect of COVID-19 on Purchase and Sale Agreements

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 […]

In New York Virtual Notarizations Lead To Virtual Closings in the Age of Coronavirus!

Critical Update March 24, 2020: While virtual closings including virtual notarizations are imminent in New York State, several critical issues still need to be resolved before the bottomline interests of all parties to a transaction are 100% confirmed! These issues include, but are not necessarily limited to, the following: The acceptable and timely acquiring of […]

The Coronavirus Pandemic and the Crisis in Real Estate, Guest Author

Coronavirus pandemic impact on real estate

The Potential Impact of the Coronavirus Pandemic on Landlords, Agents, Lenders, Tenants, Owners, Borrowers and Prospective Buyers in Both the Residential and Commercial Real Estate Markets is Discussed Below! Appearing in the Connecticut Law Tribune, this article written by attorney Dwight Merriam, insightfully explores potential impacts that the coronavirus pandemic will have on various individuals and […]