Purchase

New York City legal requirements for the purchase or lease of residential and commercial real estate are complex and can be complicated for those who are not well-versed in real estate matters. Purchasing property is typically a large investment that requires thoughtful planning.

Olga Berdé Mahl & Associates offers legal services for a variety of real estate matters, including assistance with purchase agreements and transactions. Ensuring that your new home purchase, commercial lease agreement or move to the co-op of your dreams is smooth and issue-free is paramount. Our lawyers will guide you through the process, answer your questions and affirm that the transaction follows all legal protocols. We know that a real estate purchase is a personal investment, and therefore we take the time to listen to your needs and goals. We work as advocates and build relationships with buyers so that we can work to help them achieve favorable outcomes.

Guiding You Through Residential Purchases

When purchasing a home, it is important to obtain an inspection and engineer report since you will be obtaining the property as is unless an agreement is arranged upfront. You must obtain a mortgage within 45 days, and we can assist you with applying for financing. We have a network of trusted mortgage professionals who will help you with application processes.

Assisting With Cooperative Purchase Transactions

Purchasing a co-op is unique in that you are buying an interest in the corporation that owns the property. As a result, you will receive a stock certificate and become a shareholder of the corporation while having a lease over the apartment. When purchasing a co-op, it is imperative to review financial statements, rules, restrictions and policies to make sure that this type of investment is right for you and your family.

Our real estate attorneys will help you go over purchase documents, examine the financial stability of the building and answer your questions regarding the co-op's policies. We will take the stress out of dealing with the board and corresponding applications.

Advising You On Your Condominium Purchase

Condominium purchases share similarities and differences with the purchase process of both residential property and cooperative properties. When you purchase a condo, you are actually purchasing the property, like you would a residential house. However, you must deal with an association, board of directors, rules, regulations and policies. We will review the policy, financial statements and bylaws to help ease any anxiety and answer any questions you have before making this investment. Our lawyers understand how to translate policies and will guide you with your best interests in mind. We know how to navigate a purchase that needs board approval.

Facilitating Your Commercial Real Estate Transaction

Your commercial real estate endeavors are vital to your career. We understand the need for these transactions to go as smoothly as possible. As your legal counsel, we will conduct thorough due diligence to ensure that your investment meets your needs. We will review lease arrangements, inspection reports, title searches and any prior American Land Title Association (ALTA) policies.

Schedule An Appointment With Us Today

Please contact Olga Berdé Mahl & Associates for your real estate purchasing needs. We are professional, communicative and thorough. We take the time to build personal relationships with our clients to assure that we understand what your real estate needs are. You can call our firm at 914-336-2080 or contact us online through email. We assist individuals wishing to purchase real estate throughout Westchester County and surrounding areas in New York.