Real Estate

A real estate deal can fall apart after you sign a contract and pay an earnest money deposit. You typically place this deposit in escrow as a show of good faith and to demonstrate your intent to complete the purchase. If the transaction ends early, the contract, the...

When a loved one dies, who was also a joint account holder, access to the funds in that account can quickly become a concern. For joint bank accounts, the answer often depends on the account agreement, how the owners titled the account and the law that applies to the...

Facing a foreclosure can be overwhelming. Fortunately, there are steps you can take to prevent the loss of your dream home. Since New York is a judicial foreclosure state, you have significant legal protections and multiple opportunities to save your property. It is...

What happens when a parent helps with the down payment and an adult child covers the mortgage? When more than one generation puts money toward a property, how you title the deed matters. How you list names on the deed affects ownership rights, what happens if someone...

A home purchased with a mortgage is the collateral property for the loan. Until the homeowner pays the entirety of the loan back to the lender, they are at risk of foreclosure. People who miss four or more mortgage payments could face foreclosure proceedings in civil...

When someone purchases a piece of real estate, one of the last steps in the process is going to be closing. At closing, they’ll have to sign numerous documents, facilitating the change in ownership. This is when the transaction is being finalized, the title is...

When you purchase your home, your lender requires that you take out a title insurance policy. This protects the lender down the road should there be any problems with the title to the property. It’s a nightmare no homeowner ever wants to face — not having a clear...

Buying a home is a costly purchase that often takes decades to pay off. Because of the significant investment that comes with this purchase, it’s critical that you take steps to protect your own interests.  One way that you can do this is by ensuring that your...

A real estate sale in New Jersey requires disclosures by the seller. They have to be upfront about certain details of the property so the buyers have a general idea of what they’re getting. This way, the buyer can make an informed decision about whether or not it’s a...

A quiet title action is a legal process used to resolve disputes over real property ownership and establish a clear title. When buying or selling real estate, ensuring that a property has a marketable title is important. Any claims, liens or competing ownership...