Part I of II
New York City’s Mayor de Blasio has proposed a two-pronged housing scheme (“Housing New York”), which affects all of New York City and which to date has been opposed by almost every local community board in the city and by four of five borough presidents
After a mortgage is approved, lenders will work with you to get any outstanding items satisfied so that the loan will be released for closing in a timely manner. In working towards your closing, there are many basic items to consider, like when does your mortgage commitment expire, and what documentation would be needed to get that
In the course of writing this column for the previous issue of Jewish Link, I dealt with the matter of hiring a contractor. But hiring a contractor (or anyone else, for that matter) can be a risky business especially if you have no expertise in the work that you want done and/or if there is no sure method of checking out the workers and
(BPT) – While the number of home fires occurring in the U.S. each year has fallen by more than 50 percent since 1977, the ratio of people who die in home fires has remained virtually unchanged, based on data from the National Fire Protection Association (NFPA). In 1977, deaths occurred in.8 percent of home fires, and in 2013,
For people who have no background in home building, renovation and repairs, hiring knowledgeable and competent workers can be an expedition into uncharted territory. Most of us know people who have lived through repairs, renovations and construction and who are more than willing to regale all and sundry with tales of their adventures. Here,
The housing market today represents what some might consider a once in a lifetime opportunity for potential home buyers. Home prices are recovering from the lows of the crash, mortgages are now safer than ever for borrowers, and interest rates are still at historical record lows. Despite how attractive this makes home buying seem, the
Last week, in my office, one of the people who read my Jewish Link columns about real estate asked me this question. My immediate answer was that she should make sure that she has enough money for the down payment and that her credit history is as good as it can be. As accurate as is that preliminary advice, there is more to the story than
(BPT) – The rituals of fall include sending kids back to school, raking leaves and cheering on the hometown football team. In addition, a new fall tradition has emerged – home improvement.
Like many trends, there isn’t one particular reason fall has emerged as a popular time for home improvement,
Mortgage disclosure changes are here.
If you have read any books or scoured any online articles about residential mortgage financing, as of October 3, 2015, you can pretty much scratch it! Not the theoretical aspects about financing, but the initial disclosures that were once
Environmental pollution is the introduction onto a property of an environmental impurity and is of major importance to both buyers and sellers engaged in residential real estate transactions. Not only does pollution present the possibility of health issues but it also raises the specter of liability issues for both the seller and the
Most people–real estate agents included–will automatically respond that in our area the Spring is the correct answer–and why not? The inclement weather of winter is gone, the flowers are blooming, the greenery is on the trees, the weather is mild, and there are longer hours of daylight–perfect for showing the house during
Modi’in is a beautiful, friendly city that has become a popular destination for olim. Founded in 1993, the city is well-planned, with large swaths of protected land for parks and nature reserves. Modi’in has been designed to become Israel’s fourth-largest city; the population is currently almost 100,000 people and