About Long Island New York

Long Island is an island in southeastern New York, USA, jutting out into the Atlantic Ocean. It comprises four counties, two of which (Queens and Brooklyn) are boroughs of New York City, and two of which (Nassau and Suffolk) are suburbs of…

6 Home Renovations With Major Payoffs

Unless Ty Pennington and the crew from “ Extreme Makeover: Home Edition ” take on your renovation project, you're likely to get weak-kneed looking at the estimate for the work or learning the terms of your home improvement loan. If high…

Paying a Broker to Sell Your Home Faster

by Prashant Gopal As houses are becoming harder to sell, some agents are charging more than the standard 6% commission to guarantee better results Jim McCarty decided a year ago to give real estate agents an added incentive to guide buyers…

Mortgage Loan

A mortgage loan is a loan secured by real property through the use of a mortgage (a legal instrument). However, the word mortgage alone, in everyday usage, is most often used to mean mortgage loan. A home buyer or builder can obtain…

Mortgage Information

This article is about the legal mechanism used to secure the performance of obligations, including the payment of debts, with property. For loans secured by mortgages, such as residential housing loans, and lending practices or…

Real estate transaction

A Real estate transaction is the process whereby a property (or designated real estate ) is transferred between two or more parties, one being the seller(s) and the other being the buyer(s). It can often be quite complicated due to the size…

What is Real Estate

Real estate is a legal term (in some jurisdictions, notably in the USA, United Kingdom, Canada, and Australia) that encompasses land along with anything permanently affixed to the land, such as buildings, specifically property that is…

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