Real Estate

With fresh memories of Hurricane Sandy, many local homeowners are thinking about purchasing a backup electric generator.

Our recent articles have addressed issues of "due diligence" when buying and selling real property, each intended to encourage the use of trained professionals. Our last article focused on borrowing to finance the purchase. This article specifically focuses on the most current development with respect to reverse mortgages.

Things are heating up for the Memorial Day weekend in the Hamptons. During the Montauk Music Festival last weekend, Jimmy Fallon took the microphone. Folks have to be pondering exactly how legally separated Coldplay frontman Chris Martin and Oscar winning actress Gwyneth Paltrow will go about their separate but equal living situation in Amagansett.

When life changes or measurements are a few inches off that can change the balance of a mortgage. Unfortunately that rarely works out well for the buyer.

Speculation over the location of the summer Kardashian-owned pop-up store DASH has been rampant since E! announced earlier this spring that Kourtney and Khloe would be filming their reality show, "Kourtney & Khloe Take The Hamptons" out east. As of Saturday morning that all came to rest as the famous jet-setting sisters signed a lease through their real...

Looks like Paris Hilton and her famous family will not be hanging out in the Hamptons this summer. Word is that her parents, Rich and Kathy Hilton, have put their Water Mill estate up for rent for a mere $450K.

As Memorial Day weekend approaches the other Hamptons begins to emerge. With the reports of record $100M homes changing rich hands this off-season there are reports of Alec Baldwin-friendly bike lanes in East Hampton and Kardashian Crossing lanes in Bridgehampton.

What's going to happen when your paycheck stops?

A Hamptons mansion located on Further Lane in East Hampton has been sold for $145 million, making it the highest priced residential sale in the nation.

New York is what is known as a "caveat emptor" State - "Buyer Beware!" In the Hamptons real estate market there are many often unknown or misunderstood issues with regard to the buyer's responsibility to exercise "due diligence" when purchasing real property.