Residential Real Estate
Residential Real Estate
Few purchases in life are as exciting, expensive, and stressful as real estate. Whether you are buying your first home on a tree-lined street in Queens, or a penthouse apartment for lavish weekends in the city, you want to protect your investment—and your sanity—from the start.
At The Law Office of Alexander Paykin, P.C., our legal team knows NYC real estate. We have extensive experience in all areas of real estate law, from the initial purchase or sale, to landlord/tenant disputes, and how to prevent foreclosure.
Types of Residential Real Estate Issues We Handle
Our firm represents clients in the sale and purchase of small, starter homes and multi-million dollar properties alike. We work tirelessly to ensure that costs are kept to a minimum, the process goes as smoothly as possible, and our clients’ rights and interests are protected every step of the way. Although we handle all issues related to residential real estate law, some of the most common include:
At The Law Office of Alexander Paykin, P.C., we represent both buyers and sellers of real estate in NYC and the surrounding areas. Our legal team stays current on the constantly-evolving laws and trends surrounding real estate in NYC, and we help clients with all aspects of the buying and selling process, including:
• Drafting and negotiation of purchase and sale agreements, mortgages, and promissory notes
• Title searches
• Contract review
• Supervision of closing services
• Short sales
Landlord-Tenant law governs the rental of commercial and residential property in NYC and the surrounding areas. In order to have a good landlord-tenant relationship that meets the needs of both parties, it is essential to have an effective legal contract in place and an experienced property law attorney by your side.
Whether you are a landlord drafting a lease agreement for your first and only tenant, a disgruntled tenant whose landlord won’t fix the broken heat, or an infuriated property owner whose tenant hasn’t paid rent in months, The Law Office of Alexander Paykin, P.C. can help. Our litigation attorneys are well versed in all court and agency proceedings and have extensive experience in representing both landlords and tenants.
Loan Modification/Short Sale/Foreclosure
Last decade’s economic and financial crisis hit American homeowners particularly hard. In response, several government programs were designed to help those affected keep their homes. Fortunately, these programs are still available for homeowners in NYC who are struggling to make monthly mortgage payments.
Our experienced property law attorneys can help you obtain a loan modification that will reduce your monthly mortgage payment and interest rate, and may even reduce your principal balance.
If, however, financial problems are forcing you to sell your home and it’s worth less than what you owe the lender, a short sale may be your best solution. Rest assured, the legal team at The Law Office of Alexander Paykin, P.C. can help. In a short sale, the lender effectively agrees to take less than it’s owed, in favor of a quick sale that benefits both parties.
In some cases, foreclosure becomes the only remaining option for a homeowner. Although we will do everything in our power to prevent this from happening, if foreclosure becomes imminent, our legal team is highly skilled in foreclosure defense and all aspects of real estate litigation.
Attempting to purchase commercial property without the help of an experienced NYC real estate attorney could have disastrous consequences, including unknowingly purchasing property with structural problems, boundary issues, or a lien against it.
Contact The Law Office of Alexander Paykin, P.C. Today
If you need legal counsel for any commercial real estate issue, the experienced legal team at The Law Office of Alexander Paykin, P.C. can help. Our highly-skilled attorneys have protected the rights of countless NYC real estate investors, and we have an impressive track record of obtaining favorable outcomes for our clients. Contact us today at 212-858-9112 for a free and confidential consultation about your case.