The client came to Adam Leitman Bailey, P.C. in an impossible situation. The client’s wife was 7th months pregnant during the height of COVID. She was not moving and the client’s dream home was not only not for sale but in probate without any indication as to who had the authority to sell. To make Full Article…
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Adam Leitman Bailey, P.C. Successfully Navigates HUD Approval Process In Achieving Interest Rate Reduction Of A Senior Citizen Not-for-profit Housing Corporation’s Underlying Commercial Mortgage
Adam Leitman Bailey, P.C. acts as general counsel to a not-for-profit housing company for senior citizens located in Brooklyn. The building in question was in dire need of various capital improvements and repairs, but with limited cash on hand to do so. The housing company sought to take advantage of pandemic-level interest rates to reduce Full Article…
Adam Leitman Bailey, P.C. Successfully Navigates HUD Approval Process In Achieving Interest Rate Reduction Of A Senior Citizen Not-for-profit Housing Corporation’s Underlying Commercial Mortgage
Adam Leitman Bailey, P.C. acts as general counsel to a not-for-profit housing company for senior citizens located in Brooklyn. The building in question was in dire need of various capital improvements and repairs, but with limited cash on hand to do so. The housing company sought to take advantage of pandemic-level interest rates to reduce Full Article…
Adam Leitman Bailey, P.C. Successfully Navigates HUD Approval Process In Achieving Interest Rate Reduction Of A Senior Citizen Not-for-profit Housing Corporation’s Underlying Commercial Mortgage.
Adam Leitman Bailey, P.C. acts as general counsel to a not-for-profit housing company for senior citizens located in Brooklyn. The building in question was in dire need of various capital improvements and repairs, but with limited cash on hand to do so. The housing company sought to take advantage of pandemic-level interest rates to reduce Full Article…
The Upstate Vs. The Downstate Closing
Along with the pandemic came a dramatic increase in the purchases and sales of upstate New York properties. Our banking department rapidly began to receive upstate closing files and quickly began to learn the defining differences between upstate and downstate (NYC and surrounding counties) real estate closings. Let’s explore some of these differences. Downstate closings Full Article…
Adam Leitman Bailey, P.C. Hired to Litigate in Sale of Property Conflict and Resolves Dispute Against Neighbor Without Litigation and Much Higher Sales Price
Two siblings hired Adam Leitman Bailey, P.C. for a contract negotiation regarding the sale of their inherited apartment. After successfully and strategically maneuvering the clients through a series of intricate hurdles, the attorneys at Adam Leitman Bailey, P.C. reached a settlement with the client’s adversary at a much higher price than they had been previously Full Article…
The Market Value Rider Mystery – Solved!
By Rosemary Liuzzo Mohamed and Carly Clinton When purchasing real property, an attorney will almost always advise a purchaser to buy title insurance. Although it is not legally required, title insurance serves to protect the purchaser from a defect in title post closing. A defect in title arises when someone that was given prior ownership Full Article…
The Costs Associated With Buying and Selling a Home in New York
By Rosemary Liuzzo Mohamed and Carly Clinton In America, owning a home is one of the most significant achievements and investments one will make in adulthood. Most home buyers focus their attention on the purchase price and the interest rate on their mortgage, but what many do not consider are the various other costs associated Full Article…
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