Tag Archives: mortgage contingency

What a Buyer of Residential Real Estate in New York City Needs to Know About the Process! (Andrew Luftig, CPL LLP)

With little to no Spring real estate selling season in New York City due to coronavirus, many experts believe that the Phase 2 economy, coming soon, will open the floodgates to an insatiable demand from homebuyers and investors! But at the same time the potential for a repricing of NYC real estate, due to a […]

Real Estate Transaction Time is of the Essence Clause – The Bankruptcy Extension Conundrum

“Time Is On My Side” – When a “Time of the Essence” Closing Date Keeps Rolling Like a Stone for 60 Days Over the weekend Hallmark Abstract Service was the sponsor of a 16-credit CLE class that was headed-up by real estate attorney Vince Gallo of Staten Island. Much time was spent during which he […]