New York real estate attorney Jerry Feeney addresses the questions clients should ask a real estate attorney before employing them to assist with their real estate transaction.
In the next video, Jerry discusses the potential benefits of a short sale over other options such as a bankruptcy or foreclosure.
Jerry talks about what happens to the homeowner and the buyer if a bank does not approve the short sale.
In this video, he addresses whether or not money must be paid back to the bank after a successful short sale. He also discusses what a deficiency judgement is.
Jerry talks about the fees involved during a short sale transaction and how a homeowner can benefit from one.
The effects of a short sale on credit ratings are discussed, and how they compare with the effects of bankruptcies or foreclosures. Jerry also addresses the credit rating recovery time following the transaction.
This video provides an overview of what a 1031 exchange is and explains how it can defer tax gains.
Jerry advises on the timely filing of a 1031 exchange, as well as the steps involved.
This video addresses one of the major requirements for conducting a successful 1031 exchange, as well as how long to hold a property converted from a principal residence into one held for business.
Here Jerry discusses the services a qualified intermediary provides, and why one may be necessary in a real estate transaction.