Tune in today and tomorrow 8/2 and 8/3 at 5:30pm WPPB Peconic Public Broadcasting 88.3- Check out Real Life hosted by John Christopher from Brown Harris Stevens. John will be interviewing Andrew Lieb concerning a multitude of issues facing Hamptonites in the real estate market from commercial valuation to simply the new regulations requiring a bank to verify ability to repay a loan.
Friday, August 02, 2013
Thursday, August 01, 2013
In our recent push for real estate professionals to know what is out there in smart technology for the house, we direct your attention to a door lock that uses bluetooth "to let you unlock your door by touching it".
Check out a great article on NFC-powered door locks and open a door into the future.
Check out a great article on NFC-powered door locks and open a door into the future.
2nd Mortgage Modifications - Supplemental Directive 13-05
Treasury just issued Supplemental Directive 13-05, which addresses the scenario of "when a borrower’s first lien is modified under HAMP and the servicer of the corresponding second lien is a 2MP participant, the 2MP servicer must offer to modify or extinguish the borrower’s second lien according to a defined protocol".
Specifically, this Directive addresses the following topics:
Treasury just issued Supplemental Directive 13-05, which addresses the scenario of "when a borrower’s first lien is modified under HAMP and the servicer of the corresponding second lien is a 2MP participant, the 2MP servicer must offer to modify or extinguish the borrower’s second lien according to a defined protocol".
Specifically, this Directive addresses the following topics:
- Matching Second Liens to First Lien GSE Standard Modifications
- Dodd-Frank Certification Requirement for 2MP
- Incorporating HFA Payments into the NPV Result for HAMP Tier 2
- Handbook Mapping Clean-Up
Tuesday, July 30, 2013
ConsumerReports.org has an article called "Dryers get better at letting you know lint is blocking the vent", which discusses a technology that can prevent fires.
According to the article, lint is a "cause of an average of 4,400 reported dryer fires a year".
Technology that saves lives is here - check it out.
According to the article, lint is a "cause of an average of 4,400 reported dryer fires a year".
Technology that saves lives is here - check it out.
Monday, July 29, 2013
Wednesday July 31st at 4:30pm in Rockville Centre
Divorce Deals: Selling the Marital Residence
Instructor(s): Andrew Lieb, Esq., MPH
Sponsor(s): Citibank
Credits: 3.0 CE Hours
Watch out! Here comes a headache, exposure to liability and impossible commissions. Ever work with divorcing spouses before? Then you know. Good luck getting them to agree on anything from sales price to showing dates while selling their homes or commercial properties? What happens when they start asking you to write letters about how their spouse is not cooperating on the deal? Ever get a call from their lawyers? How about when you get subpoenaed to appear and testify in their Contempt Hearing? What do you do? Where do your duties lie? What can you say and which documents can you provide?
A divorce can pull everyone and everything into its grasp. This course is designed to teach real estate agents how to navigate through all of the complexities of divorce deals from properly listing the property to procuring a purchaser and receiving commission in compliance with License Law.
Learn about the Domestic Relations Law’s concept of marital property. Prepare yourself to stay above the fray, make the deal, get paid and keep the divorcing clients responsive and cooperative along the way. Good luck.
ADVANCED ONLINE ENROLLMENT REQUIRED.
VISIT WWW.LIEBSCHOOL.COM FOR MORE INFO
Thursday, July 25, 2013
At last evening's continuing education course, Conflicts of Interest, I promised that I would post the Agency Disclosure Forms for Buyer and Seller in addition to Landlord and Tenant.
Remember - you can NEVER over disclose!
Remember - you can NEVER over disclose!
Sunday, July 21, 2013
Brought to you by DuPont, the future of housing is coming in countertops that charge.
As housing becomes more integrated into the internet of things, traditional materials will give way to those with higher functionality. In fact, companies such as Cisco see the internet of everything as the future of their business and worth billions in revenues.
So, before you replace that next countertop, think about its potential functionality beyond serving as a table top.
As housing becomes more integrated into the internet of things, traditional materials will give way to those with higher functionality. In fact, companies such as Cisco see the internet of everything as the future of their business and worth billions in revenues.
So, before you replace that next countertop, think about its potential functionality beyond serving as a table top.
Friday, July 19, 2013
At our continuing education course last evening I mentioned a terrific new product, not even yet on the market, by Sonte, called Sonte Film, which appeared on Kickstarter recently. This product makes smart film technology easy to install and operate, with the first ever wi-fi enabled digital shades, as demonstrated below. If you can control natural light, you can save on electricity. Enjoy...
Thursday, July 18, 2013
Tonight we teach our continuing education course, "To be Green or not to be Green: That is the question". In honor of the green real estate energy that I am feeling, let me share with you a terrific article about a really awesome robot. This robot will change the face of demolition by mitigating dust from traditional demolition techniques while recycling all of the rebar and concrete on-site.
Thursday, July 11, 2013
Business Insider has an article called 11 Clauses to Beware The Next Time You Sign a Lease that I thought was better serving to the first time landlord rather than the first time tenant. You see, so often landlords call their attorneys and say how much do you charge for a lease and my firm's standard answer is; what do you want in it as leases range from $300 to thousands and thousands?
While we could spend 3 hours educating the client, than a lease will not be affordable to most weekend warriors. Instead, its best for a landlord to think about, in English, what they want the functional relationship with their tenant to be and then to see an attorney to make it enforceable and to provide additional suggestions.
I found this article to be a great start for first time landlords to think about their tenants' rights and responsibilities before they see their attorney.
While we could spend 3 hours educating the client, than a lease will not be affordable to most weekend warriors. Instead, its best for a landlord to think about, in English, what they want the functional relationship with their tenant to be and then to see an attorney to make it enforceable and to provide additional suggestions.
I found this article to be a great start for first time landlords to think about their tenants' rights and responsibilities before they see their attorney.
