By law, real estate professionals cannot fill out any sellers’ home disclosures unless the agent is the seller or a party to the transaction. If your agent can’t tell you, ask a lawyer if you need to sign every disclosure handed you. Every state has its own laws regarding disclosures, so the forms will be […]Read More What Should Sellers Disclose to Home Buyers?
Home Ownership vs. Renting Those looking for a place to rent may consider these increases in rental costs a disadvantage but if you’re in the market for a home, this may be a better time than ever. The influx in rental costs may transform renters into home buyers based on the costs and benefits owning. […]Read More Home Ownership vs. Renting
Renting a WNY Home For Sale Many prospective renters do not consider renting a home that is up for sale, and these houses remain empty, even when the owners are facing financial difficulties. So if you want to rent, look at a home for sale that is also being offered for rent. It is highly likely […]Read More Renting a WNY Home For Sale
It is easy to end up on the losing side of an eviction if you don’t meticulously adhere to the rules. Western New York has a variety of duplex, triplex and Quad homes available to investors. With that brings the need for tenants and the potential for the need to evict a bad tenant. Eviction reasons, processes, periods, and participants vary from state to state.Read More Bad Tenant?
Your tenant comes to you with a request that they need to break the lease. Not something that any landlord wants to hear, but what should you do? Residential leases are usually one year in term. Rarely there is a sound financial reason for not letting a tenant out of a lease.Read More Should You Let the Tenant Out of a Lease?
Western New York Tenant Screening Unfortunately, not all tenants will be good tenants in WNY. Finding good tenants is always an issue for Western New York Landlords. All too often WNY landlords can be too eager to fill their homes. It is important that you do a little investigation on your potential tenants. Whether you […]Read More Tenant Screening
The current housing market, while picking up in most areas, has one basic problem: low supply. With many buyers choosing to keep their old home when they purchase a new home, fewer homes are on the market, driving up demand. Becoming a landlord Buyers that do not need the equity in their current property in […]Read More Becoming a Landlord
Hello Albany — we have a problem! This is something that is not new, but it is getting a little ridiculous. I am talking about Property Managers in New York State. In the past few weeks I have come across a Property Manager that tried to tell my home seller that they have a prospective […]Read More Is Your Property Manager Licensed?
Where do you turn when you think you have been discriminated against in housing? Questions regarding Fair Housing are common and often people are looking for ways to resolve situations that they are in. There is an interesting program in Western New York called HOME – Housing Opportunities Made Equal that may be able to […]Read More Housing Opportunities Made Equal