On May 16th, thousands of New York City homeowners whose budgets are already stretched thin could face an additional financial burden. Homeowners who are behind on their property taxes or water/sewer payments, or those who’ve had emergency repairs made by the City, may see those debts sold to a third-party collection agency. Once a tax […]
After her mother died, Jennifer Merin was left with the Laurelton, Queens, home that her family had lived in since it was built in 1930. Though it was not her primary residence, Merin described the home as a “sanctuary to my family.” It wasn’t until 2014, when she saw a large increase in her water […]
If you’ve bought a multi-unit home, you may be intending to rent out the units you aren’t living in to tenants. While renting units can generate extra income, being a landlord also comes with its own set of costs and responsibilities. Finding a Tenant Make sure you’re selecting the right person to rent a unit […]
There are a slew of decisions that go into buying a home. But don’t worry! That’s what we are here for — we’ll help guide you through the entire process. From type of house to pages of paperwork, the following topics can serve as a resource as you plan not only for your future home, […]
Understanding and planning for the costs of owning a home can be a challenge. We’re here to help. We’ll walk you through steps you can take and the information you need to be a cost-conscious homebuyer. We can also connect you to a housing counselor who can guide you through the process. Making sense of […]
The most straightforward way to determine whether a loan is an FHA-insured loan is to look at the mortgage, which is available online in ACRIS or the County Clerk’s office. FHA loans have an FHA case number in the top-right corner of the mortgage. Another way is to look at the mortgage statement and see […]
The Federal government is seeking to crack down on money laundering by unmasking individuals behind large all-cash purchases of Manhattan real estate by shell companies. For the next six months, through a new pilot program, the U.S. Treasury Department will require companies to disclose the names of individuals behind all-cash purchases of more than $3 million […]
DSNews: Forces Join to Protect Borrowers from Foreclosure Relief Scams Press Release: AG Schneiderman Announces Innovative Partnership with Leading Statewide Media Associations to Protect New Yorkers from Foreclosure Rescue Scams Crain’s New York: Advocates’ $4 Billion Plan Urges Cuomo to Fund More Supportive and Senior Housing Rooflines: Some Forms of Displacement Are Beyond Criminal The Brooklyn Reader: Don’t […]
Source: Government Technology Last month, the Center posted a blog about options that homeowners have to avoid the May 15th tax lien sale. Since then, the NYC Department of Finance released an updated 30-day list of properties on the tax lien sale list. While the number of 1-4 family homes on the list has fallen […]
On May 12th, the City will sell property tax and water/sewer liens on thousands of properties across the city. If you are a homeowner and owe property tax or water/sewer payments, or have had emergency repairs made by the City, you may be at risk of having your lien sold. If your lien is sold, you […]
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