You’ve always dreamed of buying that ski cabin or lake house, and you plan to afford it by renting it out when you’re not using it. Good plan, but lender rules don’t allow it. Here’s what you need to know. Loan types and their rules The first step in financing your dream getaway home is to understand
By Gemma Alexander Home may be where the heart is, but good luck convincing the authorities of that if your home is illegal. Your heart – or finances – may lead you to hang your hat in any number of atypical dwellings, but the truth is, it takes more than love to make a house a
Few people spend time thinking about air rights – unless they’re in the New York City real estate scene, where developers can pay up to $300 per square foot for space over a low-rise building. Still, every homeowner should have a basic understanding of his or her rights to this space. Do you own the
By Gemma Alexander From the Boston brownstone to the California bungalow, historic homes have incredible appeal in a world filled with cookie-cutter developments. But whether you’re buying, renovating, or selling, historic homes come with an extra set of challenges that can take significant time and money to resolve. Owning a piece of history might be
By Stephanie Reid, Avvo attorney and NakedLaw contributor When you factor in the formulaic legal documents, generic 20-minute interview, and perfunctory tour of the apartment and its amenities, it’s not unusual for renters to feel like they must either take it or leave it. It may not seem like there is room to negotiate the residential