A few years ago, the FHA had all but disappeared from the mortgage lending market as lenders aggressively courted low- and moderate-income households and those with impaired credit. But in the aftermath of the economic collapse of September 2008, the FHA has risen to an unprecedented level of importance. How well do you know the … More How Well Do You Know The FHA?
Article 2 of the Code of Ethics requires REALTORS® to avoid “exaggeration, misrepresentation, or concealment of pertinent facts relating to the property or the transaction. REALTORS® shall not, however, be obligated to discover latent defects in the property.” The Code of Ethics and Arbitration Manual discusses “pertinent” facts: “Absent a legal prohibition, any material fact … More Should a real estate agent disclose a property line problem?
If your tree falls onto a neighbor’s property, it might not make a sound, but you may be liable. Trees can fall for any number of different reasons: construction, heavy storms, and even just the natural end of a tree’s life. But in each of these situations where your tree topples onto your neighbor’s property, … More If Your Tree Falls Onto Your Neighbor’s Property, Are You Liable?
Many of my clients who are contemplating purchasing a Co-op are not sure what to expect during the application process. This Curbed NY article provides sound insight into this process. The co-op board package is a rite of passage for anyone wanting to buy into a cooperative building. Slightly more intrusive than a visit to the dentist, … More Co-op Boards 101: Board Packages, Interviews and Denials.