As the use of cryptocurrencies and blockchain technology grows, so will the use and implementation of smart contracts. Smart contracts are computer programs that directly control the transfer of digital currencies or assets between parties under certain conditions.
New York City real estate has a lot of intricacies and quirks, but one of the more important ones that purchasers need to be aware of are lot line windows. Lot line windows are windows located directly on edge of the building’s property line.
Most people looking to purchase a new house or apartment will need financing. This is the reality for most that make a foray into the real estate world. However, sellers hate financing because it could be a major stumbling block for the deal.
The financials of your co-op are extremely important. Your board of directors mails them to you once a year, usually in the spring, and there is a very good reason they mail them to you-- because you are suppose to review them!
The difference between Co-ops and Condos is a huge issue in New York City real estate. Depending upon which type of property you decide to purchase, your obligations and potential for liability will vary.