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Here in the age of Facebook, Twitter and LinkedIn, most of us have what has come to be called a “digital estate.” This is the collection of user names and passwords we use to access the websites of our banks, brokerage accounts, insurance agencies, vendors, news media, social media and countless other place we log…

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As highlighted in Marcia Jacobowitz’ post on September 10, 2012, the short sale process will be expedited as of November 1, 2012. Unfortunately, the Mortgage Forgiveness Debt Relief Act of 2007, enacted on December 20, 2007, is about to expire. This IRS program effectively forgives persons who have debt forgiven in a short sale or…

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This is the seventh article in a series of articles about Buying and Selling a Home in New York State. Click here for the first installment in the series. Subscribe to this blog for future installments. Q: Can I lose my downpayment, if I do not get financing? A: Yes, it is possible to lose…

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This is the sixth article in a series of articles about Buying and Selling a Home in New York State. Click here for the first installment in the series. Subscribe to this blog for future installments. Q: Can I be responsible to pay a real estate broker a commission or pay multiple brokers a commission…

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This is the fourth article in a series of articles about Buying and Selling a Home in New York State. Click here for the first installment in the series. Subscribe to this blog for future installments. Q: How can I “count the cost” when buying a home? A: The first step with any purchase, large…

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Being a landlord can be stressful. Building maintenance, late rent payments, disruptive tenants – the list goes on. Your position as a landlord comes with certain legal obligations. But your obligations to your tenants are not without limits. When a tenant stops paying rent or fails to vacate the premises at the end of the…

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This is the third article in a series of articles about Buying and Selling a Home in New York State. Click here for the first installment in the series. Subscribe to this blog for future installments. Q. When Should I Get a Real Estate Attorney Involved in the Transaction? A. Whether buying or selling a…

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The New York State Attorney General’s Office recently created a new procedure for expedited review of transactions of nonprofits in distress. This option for speedier handling is a sign of our difficult economic times. As in most states, the New York Attorney General has jurisdiction over nonprofits located or active in the state. The law…

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This is the second in a series of articles about Buying and Selling a Home in New York State. Click here for the first installment in the series. Subscribe to this blog for future installments. Q. Now that I have decided to hire an attorney, what should I consider other than price? A. It is…

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This is the first in a series of articles about Buying and Selling a Home in New York State. Subscribe to this blog for future installments. Q. I have been told that buying a home in California is so much easier because attorneys are not usually involved. Do I need an attorney when I buy…

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