What can you do with home equity? How can you avoid foreclosure? How can you become debt free? What is the difference between Chapter 7 and Chapter 13 Bankruptcy? What is a loan modification?
Ask the Lawyer with Brian Figeroux, Esq., member of the American Immigration Lawyers Association, brings you the latest updates on legal issues. In this episode, Attorney Brian Figeroux talks about the importance of investing in home ownership:
Block associations are groups of residents who decide to collaborate to strengthen a block or area.
By Alanna Schubach (brickunderground) We New Yorkers are not necessarily known for our neighborliness—according to New York magazine, we’d rather “endure an electric shock” than run into the strangers who share our apartment buildings and blocks. But our supposed aloofness doesn’t hold up when you consider the prevalence of block associations throughout the city—this list, […]
Some facts to keep in mind when you sell your home.
By Equity Smart Realty In most cases, gains from sales are taxable. But did you know that if you sell your home, you may not have to pay taxes? Here are ten facts to keep in mind if you sell your home this year: Exclusion of Gain. You may be able to exclude part or […]
If you are a tenant of a multiple dwelling unit, you should know your rights when offered a buyout, when you are facing a rent increase and when your lease is facing termination.
Throughout New York City, tenants of multiple dwellings have found themselves making the critical decision of whether they should accept a buyout for their rent-stabilized apartment. Rent stabilization usually applies to buildings with 6 or more units, although there are exceptions. What Landlords have realized is that tenants with rent-stabilized leases typically have lower than […]
Although segregation is illegal, realtors and landlords are still abiding by the past policies that allowed discrimination against minorities, especially African Americans, from buying homes and apartments.
“Wealth is where past injustices breed present suffering,” says author Mehrsa Baradaran, in the Netflix Explained series. The racial wealth gap is “a measure of the white family and the African American family that is right smack-dab in the middle, the median. The median white household’s wealth – their savings plus assets minus their debts […]
Not only does rental income provide additional revenue to a homeowner, it has tax benefits. The rental income that a homeowner receives is not federal taxable income and is thus deducted. Homeowners can also deduct the interest paid on their mortgage.
By Chereen James With the influx of new residents, the increasing demand for livable space and the prevalence of real estate development, New York City may seem a daunting place for first-time homebuyers. But, there is no need to fear. With the help of a landlord-tenant attorney, a one and two-family homeowner can navigate landlord-tenant […]
Jumaane Williams, a council member representing the 45th Council District in Brooklyn. Candidate for New York Lt. Gov.
When it comes to the cities of this world with the largest homeless population, our very own New York City comes second, with over 70,000 homeless. This startling figure went up since March of 2017 when it was around 60,000, and shows no indication of going down. Despite this, New York City continues to fight […]
So, while the simple answer to whether color influences buying decisions is a qualified yes, there is more
to the story.
Color psychology is not an exact science, but there are basic principles that marketing pros use to sell everything from greeting cards to automobiles. Much of it has to do with color. Yes, the colors you put on your walls, or on your front door, can help clinch a home sale! Humans have emotional reactions […]
National Low Income Housing Coalition released a new study titled “Out of Reach 2018.” It covers research on the affordability of housing among minimum-wage workers.
By Douglas A. McIntyre Add housing to the list of things low-paid workers cannot afford. While there has been a great deal of research about the problem, a new one crystallizes it. Minimum wages workers don’t have enough income to pay for one bedroom housing in many cases. Financially, two bedrooms are out of the […]
"The surge in construction prices is coming at the worst possible time for booming cities like New York, Seattle and San Francisco, already dealing with an affordable-housing crunch that has increased the homeless populations and stoked acrimonious debates about growth and gentrification. City and state legislators have tried to tackle their housing problems with proposals to increase subsidized affordable housing, reduce building regulations and make it legal to build taller." - The New York Times
By Conor Dougherty The New York Times VALLEJO, Calif. — California is in the middle of an affordable-housing crisis that cities across the state are struggling to solve. Rick Holliday, a longtime Bay Area real estate developer, thinks one answer lies in an old shipyard in Vallejo, about 40 minutes northeast of San Francisco. Here, […]