and sellers involved in a residential or commercial real estate
transaction have different issues and goals. The
real estate contract or purchase agreement is the single most important
document in the
transaction. A well drafted contract that accurately reflects your
interests and addresses potential problems is critical to a successful
real estate transaction. At the Law Office of Jeanne M. Reardon, we
have more than 20 years of experience negotiating, drafting and
Whether you are buying or selling a home, your team of expert advisers
should include a real estate closing attorney. Real estate closings are complicated matters and require a thorough knowledge of the law.
With a decision as serious as buying and selling real estate, it is
important that you are guided throughout every step of the
closing process by an experienced and knowledgeable real estate lawyer.
The purchase of a home
is often the single largest financial transaction you will
ever make in your life.
If you are unable to attend a real estate closing and sign the necessary documents you can have your attorney prepare a power of attorney for you thereby allowing your agent to act for you at the closing. A power of attorney is a document in which a person appoints someone to
act as their agent and perform certain acts on their behalf. The powers which may be given to your agent can be very broad, or limited depending on the purpose for giving the power of attorney. For example, your can give your agent very broad powers to manage all your financial affairs, or limited powers to sign documents on your behalf at a real estate closing for a specific property only.
The application deadline for the Making Home Affordable Program which includes HAMP Loan Modifications has been extended through December 31, 2015.
Read U.S. Department of the Treasury Press Release below:
Obama Administration Extends Application Deadline for the Making Home Affordable Program
Extension through December 2015 Will Provide
Struggling Homeowners Additional Time to
Access Sustainable Mortgage Relief and
Align End Dates for Key Assistance Programs
WASHINGTON –The U.
News About the Cooperative/Condominium Abatement
the NY State Legislature passed bill S2320/A3354, which amended the
Co-op/Condo Abatement. For more information and a description of
changes, click here
Owners of cooperative units and condominiums who qualify for
the Co-op/Condo Property Tax Abatement can have their property taxes
reduced. The amount of the abatement is based on the average assessed
value of the residential units in the building.