A real estate agent, as defined by Cambridge Dictionary, is a person whose business is to arrange the selling or renting of houses, land, offices, or buildings for their owners. While that is a technically accurate definition of a real estate agent, it doesn’t give an accurate description of what a real estate agent does…
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Squatters’ Rights and Adverse Possession in Real Estate
By Janet Howard Under New York Consolidated Laws, Real Property Actions and Proceedings Law - RPA § 501; and for the purposes of this article: Adverse possessor is a person or entity and is an “adverse possessor” of real property when the person or entity occupies real property of another person or entity with or…
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Determining Home Values
How much is a home worth? The simple answer is that a home is worth what someone is willing to pay for it. But most valuations begin with the basics to create a baseline price: the age of a home, its square footage, lot size, neighborhood and previously assessed value. Obtaining a quick, ballpark figure…
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Buying a Short Sale House
It seems like many people have heard the term “short sale,” but few know what it really is. If the idea of pursuing a short sale house intrigues you, you’re not alone. Short sales can result in bargains for buyers, but the process takes patience. The personal financial website, Bankrate, defines a short sale this…
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