The PropertyClub Blog
Squatters Rights in Michigan
Squatters rights are legal rights given to individuals who occupy a property without legal permission for an extended period of time. In Michigan, squatters can file an adverse possession claim to take legal ownership of the property after occupying it for 15 continuous years. If you discover an unwanted guest on your land, here’s what you need to know.
Squatters Rights in Georgia
Squatters rights are legal rights given to individuals who occupy a property without legal permission for an extended period of time. In Georgia, after having occupied the property for 20 continuous years, squatters can file an adverse possession claim to take ownership of the property. If you discover an unwanted guest on your land, here’s what you should know.
Moving With Section 8 Guide
If you are receiving assistance from Section 8, moving from one rental to another can seem daunting. It’s even possible to transfer your section 8 voucher to another state, but there are a few considerations to take in before you do so. The moving process is specific, and there are many rules to know about before moving forward with your transfer.
Mortgage Late Payments: Guide to Getting Approved
If you have a history of late payments, lenders can decline your mortgage application. Late payments within the last 12 months can significantly impact your credit score and make it difficult for you to obtain a loan. They may decide to overlook it if you otherwise have good credit and a solid explanation of why the payment was late. But, it’s up to their discretion to determine whether or not it impacts your creditworthiness as a borrower.
Billionaire's Row: NYC's Most Expensive Real Estate
Billionaire’s Row is a small section of Midtown Manhattan that has been developed to cater exclusively to the uber-wealthy. It refers to the section of 57th Street between Park Avenue and the Hudson River, where some of the world's wealthiest individuals own or have purchased multi-million and even billion-dollar apartments. Here is a look at Billionaire's Row, the most expensive street in NYC.
NYC Housing Lottery Guide
The NYC Housing Lottery is a system through which individuals and families can apply for affordable housing opportunities in New York City. These units are typically priced below market rate and are intended to provide housing options for low- to moderate-income residents of the city. However, your chances of snagging a below-market-rate apartment are much better – not great, mind you – but at about 600 to 1, at least in the realm of possibility.
Warranty of Habitability NYC
New York Real Property Law § 235-b outlines the obligations landlords must fulfill in order to ensure that the leased premises are suitable for human occupancy. It requires landlords to ensure that that appliances and other building functionalities operate as expected without posing any threat to the tenants. To make things easier for you, we’re going to go over the implied NYC warranty of habitability that comes with every lease.
Condemned House Guide
In real estate, condemnation happens when the government seizes a property. A house may be condemned due to unsafe conditions like structural issues, health hazards (mold or lead paint), code violations or the property being deemed a public nuisance. Read on to discover why a house can be condemned and how the process works.
Mitchell-Lama Apartments Guide
Mitchell-Lama apartments refer to a type of affordable housing program in New York State. The Mitchell-Lama program allows residents to live in well-maintained buildings with below-market rents or purchase cooperative apartments at prices below the market rate. Currently, about 45,000 apartments in New York City are subject to Mitchell-Lama regulation.
How Much Is a Monthly Payment on a $600,000 Mortgage?
The monthly payment on a $600,000 mortgage will depend on several factors, including the interest rate and the amount of your down payment. For example, if you have a 30-year fixed-rate mortgage at an interest rate of 7%, your monthly payment would be significantly influenced by how much you initially put down on the home.
Zoom Towns Guide
The Great Resignation led to many changes in the business world and at home. Many people have chosen to leave companies or change how they worked and often decided to leave big cities and relocate to smaller towns, many of which have become fast-growing zoom towns.
10 Warmest Beaches in California
California has miles and miles of gorgeous, golden coastline. Whether it’s the palmy beaches of Los Angeles or the cliffside beaches of Northern California, the Pacific coastline is a sight to behold. However, getting your feet wet in the Pacific can sometimes be a challenge due to the overall cold water temperature.