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New York Legislators Define ‘Squatter’ in State Law, Strengthening Property Rights and Homeowner Protections

In a groundbreaking move for property rights, State Senator John Liu, Assembly Member Ron Kim, and other Queens legislators have successfully ushered in crucial language into the FY2025 state budget that sharply defines the term ‘squatter’ in New York State housing law. This pivotal update comes in response to growing concerns over squatters who illegally … Continued

Q2 2024 Housing Outlook: Anticipating a Season of Growth and Opportunity

As the second quarter of 2024 unfolds, the real estate landscape presents a mixed bag of expectations. Traditionally a bustling period for property transactions, this spring might see a tempering in momentum, a deviation from previous years’ frenzied pace. Yet, amidst this cautious optimism, home prices are on the rise, buoyed by persistent demand and … Continued

Navigating the Appraisal Gap in Real Estate Transactions

In the ever-fluctuating real estate market, buyers and sellers occasionally face a challenging hurdle known as the appraisal gap. This gap arises when a property’s appraised value falls short of the agreed-upon sale price. Understanding why this happens, the possible solutions, and prevention strategies is crucial for anyone navigating a real estate transaction. What Is … Continued

2024 Outlook: Trends and Predictions for the Long Island Real Estate Market

The New York Long Island real estate scene has consistently been a focal point for its harmonious blend of serene suburban living and convenient city access. As potential buyers and real estate aficionados keep a close watch on the market dynamics, understanding the prevailing trends and future projections becomes crucial in navigating this lively property … Continued

How to Prepare Your House for Sale in 2024: A Comprehensive Guide

Selling your house in 2024 requires more than just a fresh coat of paint and a tidy garden. With evolving market trends and buyer preferences, preparing your home for sale demands strategic planning and thoughtful updates to stand out in the competitive real estate market. This guide provides actionable steps to ensure your property not … Continued

How Much Does Probate Cost In New York?

In New York, like in many other states, the cost of probate can vary depending on several factors. Understanding these costs is crucial for both estate planning and those who may find themselves managing an estate. In this article, we will delve into the details of probate costs in New York, helping you gain clarity … Continued

How Probate Works In New York?

Probate is the legal process that takes place after someone passes away, ensuring that their assets are distributed according to their wishes or, in the absence of a will, in accordance with state laws. In New York, as in many other states, probate can be a complex and lengthy procedure. This comprehensive guide will walk … Continued

Can Probate Be Done Without A Lawyer?

Probate is the legal process of administering a deceased person’s estate, which involves validating their will (if one exists), identifying and distributing assets, settling debts, and handling any legal matters related to the estate. While many people assume that hiring an attorney is a requirement for probate, it’s essential to understand that it may not … Continued

Can Probate Be Avoided?

The process of probate, which involves the legal validation and execution of a will after someone’s death, can be time-consuming and costly. As a result, many seek ways to circumvent this process. This article delves into whether probate can be avoided, and if so, how one can successfully bypass this legal procedure. Understanding Probate Before … Continued