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LAVENDERLAWBLOG POST: CO-OP BOARD INTERVIEW CONSIDERATIONS
I am posting the following article found in The Cooperator on line magazine. The article written by a real estate broker may give readers...
LAVENDERLAWBLOG POST: REAL ESTATE AGENT RATING SITE
I came across a real estate agent referral site called topagent guide.com located at http://www.topagentguide.com/ It is a site that...
LAVENDERLAWBLOG POST: FIRST TIME HOME BUYERS TAX CREDIT APPROVED BY CONGRESS
I know it seems as if I am milking the first time home buyers tax credit (this is my third post about it). Although not a cure-all, I...
LAVENDERLAWBLOG POST: HOUSING CONFERENCE BY CNYC
The Council of New York Cooperatives & Condominiums is hosting a conference that I think is very informative for all potential or current...
FHA 203K MORTGAGE LOANS
One of the more popular loan products out there is the FHA 203K Mortgage Loan. This loan is a combination acquisition (or refinance) and...
LAVENDERLAWBLOG POST: APPROVAL OF COOP BUILDINGS
The article linked below was emailed to me by a client of mine (Thanks Amanda). I thought it was interesting. It highlights one of the...
LAVENDERLAWBLOG POST: THE MDIA COULD DELAY YOUR CLOSING
As of July 30, 2009 certain provisions of the Mortgage Disclosure Improvement Act (“MDIA”) went into effect. Although enacted to protect...
LAVENDERLAWBLOG POST: FIRST TIME HOMEBUYER TAX CREDIT TO BE EXTENDED . . . . GETTING CLOSER!!
As you may recall, there was a movement to extend the American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to...
LAVENDERLAWBLOG POST: BAD NEWS . . . GOOD NEWS
The below article in Crain’s New York references an auction of 16 condominium units located in Greenpoint, Brooklyn at a 75% reduction...
LAVENDERLAWBLOG POST: HOMEOWNERS WALKING AWAY
The below New York Times article indicates that a number of people would walk away from their homes if equity was lost and the market...
LAVENDERLAWBLOG POST: BEWARE, DOWNPAYMENTS OF SPONSOR SOLD CONDOMINIUM UNITS ARE AT RISK
As an attorney who represents a fair number of purchasers of Sponsor sold condominium units, I have noticed a pattern that raises a red...
SOLARIA CONDO DEVELOPMENT PUTTING 54 UNITS ON THE AUCTION BLOCK … AND MORE | THE REAL DEAL | NEW YOR
Solaria condo development putting 54 units on the auction block … and more | The Real Deal | New York Real Estate News
LAVENDERLAWBLOG POST: SAVING YOUR HOME FROM DECLINING MARKET VALUE
I came across this interesting article at the NY Times website. A worried homeowner would pay this company between 1-2 percent of the...
LAVENDERLAWBLOG POST: 1031 LIKE-KIND EXCHANGES AND YOUR TAX RETURN
Pursuant to section 1031 of the Internal Revenue Code, taxpayers are able to defer the gain from the sale of investment property...
LAVENDERLAWBLOG POST: FIRST TIME HOMEBUYER TAX CREDIT TO BE EXTENDED . . . . MAYBE
The American Recovery and Reinvestment Act of 2009 authorizes a tax credit of up to $8000.00 for qualified first-time home buyers...
NYC ENVIRONMENTAL CONTROL BOARD VIOLATIONS
The NYC Penalty Relief Program for Homeowners and Business Owners is a three month program that allows owners and business who have...
FINANCING YOUR PURCHASE
Unless you have the cash to buy a home, determining the amount and type of loan and who to obtain it from is one of the most important...
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