A recent article in the New York Law Journal discussed the possibility of public foreclosure defense services being in jeopardy due to government funding cuts. What does this mean for the homeowner whose home may be in danger of being foreclosed? Homeowners who are having problems paying their existing mortgages may…
New York Real Estate Lawyers Blog
Bucket List- Who’s in Charge after Your Death?
So long as one is alive and mentally capable, one is in control of her own financial and legal affairs. Once a person passes away, a fiduciary needs to be appointed by the Surrogate’s Court to determine and pay estate debts , collect and distribute assets, file relevant tax returns and…
Illegal Procedure? Legal Sports Betting and its Impact on New York Rentals
Scheduled for this Sunday is the Super Bowl between the New England Patriots and the Los Angeles Rams for the championship of the NFL. Recent news stories in the New York metropolitan area involve the possibility of making legal sports bets on the “big game” at casinos or racetracks located in…
Paying the Piper – Ending a New York Foreclosure
Our firm frequently handles defenses for clients whose property is in foreclosure. It is possible, for various reasons, that such an individual may eventually be in a position to pay off or reinstate the mortgage loan in question. There can be many reasons for this to occur. For example, let’s say…
Legal Effect of Delays in New York Foreclosure Actions
Prior blog posts have discussed the legal steps required to foreclose property in New York State. Often, our firm will encounter a foreclosure case that has been in litigation for many years. In fact, it is entirely possible for a foreclosure matter in New York to take between five and ten years from…
Up Against a Wall- Legal Negotiation Strategies
Our readers who follow the news are aware that the Federal government has been partially shut down for several weeks. President Trump has taken the position that he will not agree to re-open the government unless a wall is erected along our southern border. The Democratic leadership has responded that it…
Happy Holidays!
Weiss and Weiss would like to wish all a great holiday season and a happy new year!
Intersection of Religious Corporation Law and Real Estate Law in New York
Recently in the news is a decision in a lawsuit regarding the potential eviction of a defrocked nun in a Russian Orthodox convent located in Nanuet, New York. This case is an interesting intersection of two areas of the law that our firm practices; namely, how the decisions of a religious…
Sold! You’re the Successful Bidder- Auctions Part II
We have advised our readers of the process for bidding at a foreclosure auction sale in New York. Perhaps you have attended the auction, participated and made the highest, winning bid. This post will address what happens next. Upon making the highest bid, the participant will need to make an immediate…
Bidding at a Foreclosure Auction Sale in New York – Part I
Our firm receives many inquiries from parties who intend to bid at a foreclosure sale. Foreclosure sales most often occur when a party is unable to pay a mortgage encumbering a property, and a foreclosure judgment is obtained by the lender. What happens next? A foreclosure sale, or auction, is scheduled…