Transparent solar panels may be here sooner than you think.
Accordingly to Slash Gear, a team at Michigan State University has developed "a transparent luminescent solar concentrator which looks clear to the eye but can still harvest energy from wavelengths of light invisible to humans". Unfortunately, the team has not achieved panels that are efficient enough for use on your home just yet, but it seems that great strides are being achieved relatively quickly.
So, before you say yes to solar panels being placed on your roof, maybe you should just wait a few years to redo your sunroom with transparent solar panels and generate some power in the process.
Monday, August 25, 2014
Monday, August 18, 2014
FREE public seminar - HOMEOWNERS' INSURANCE
The Nassau County Bar Association and the Nassau Academy of Law Invite You to Attend
Protecting Home & Hearth
Home Insurance Everyone Needs
Monday, September 15, 6:30 p.m.
Nassau County Bar Association (Mineola)
Speakers:
Andrew Lerner, CIC, The Lerner Agency
Charles Licht, Public Adjuster
Michael A. Markowitz, Seminar Chair
To Register:
516-747-4070 or email ckatz@nassaubar.org
Friday, August 15, 2014
Andrew Lieb discusses Broker Commissions today on Real Life WPPB 88.3FM
Andrew Lieb Shares Real Estate Tips on 88.3FM today at 5:50pm
Tune into 88.3FM (WPPB Peconic Broadcasting) today (8/15) for Real Life with John Cristopher from Brown Harris Stevens.
Today's Line Up of Guests:
- 5:30pm: Aspasia Comnas, Executive Managing Director of Brown Harris Stevens discusses the community spirit that exists in the Hamptons and her participation in Escuela de Samba Boom.
- 5:40pm: Jesse Matsuoka, owner of Sen restaurant in Sag Harbor talks about the Hamptons but also his time in Japan and witnessing the greatest Sumo wrestling match of the century.
- 5:50pm: Andrew Lieb, Esq, owner of Lieb at Law and Lieb School discusses broker commissions and how sellers can be responsible for owing more than one commission.
You can listen live on the website too:
Wednesday, August 13, 2014
Lieb at Law was Nominated for Best Law Firm on Dan's Papers Best of the Best 2014
Please Help Us Win Best Law Firm!
Vote for us by clicking here
We appreciate your time in voting for Lieb!
Sincerely,
Thursday, August 07, 2014
New Pressure for Lenders to Negotiate in Good Faith
If you are a struggling homeowner and have sought relief via
a loan modification, there may be new pressure on lenders to negotiate a
modification. Last week, New York’s Appellate Division, Second Department,
ruled in US Bank N.A. v Sarmiento that Wells Fargo, a well-known lender, could
not collect interest or fees on a loan that had accrued while a borrower,
Sarmiento, pursued a loan modification. Sarmiento attended 18 settlement
conferences and remained persistent in obtaining a loan modification yet the
decision indicates that Wells “delayed and prevented any possible resolution of
the action.” Wells is cited for various delays and miscommunications which when
considered wholly, led to the determination by the court that Wells failed to
negotiate in good faith. This court decision yielded a long-awaited definition
of “good faith” with regards to negotiations in foreclosure conferences. The court concluded that Wells’ conduct
indicates a “disregard for the settlement negotiation process” which increased
the balance on Sarmiento’s loan.
This decision gives hope to borrowers frustrated with the
often drawn-out process of obtaining a loan modification. If a lender loses
documents, repeatedly requests the same information, fails to review the
application in a timely manner, denies an application without adequate grounds
or deliberately or recklessly delays the process in any way, a borrower now has
the option to demonstrate the lender’s failure to negotiate in good faith. This
could translate to thousands of dollars lost in interest and legal fees for
lenders.
Hopefully, this will put pressure on lenders to remain
timely and organized in their evaluation of a borrower’s loan modification
application for if they don’t comply with good faith guidelines, they could be
at risk to lose a great deal of money. But remember, “good faith” is a double
edged sword, as borrowers must also negotiate in good faith by putting forth a
purposeful and honest effort at a settlement conference to reach a resolution.
Tuesday, August 05, 2014
Developing Air Rights
Read this terrific article - Want to buy some air? Some cities have plenty to sell - to appease your interest in air rights and development.
2 Takeaways:
a) Developing a deck (the platform in the air where development happens) to build upon is quite expensive; &
b) Financing is limited as there are minimal real property rights associated with air rights, which can be foreclosed upon (collateral).
Based upon the expense and lack of collateral, perhaps development for air rights is ripe for crowdfunding to get the job done. In crowdfunding, accredited investors (net worth of more than $1 million or have earned $200,000 in each of the previous 2 years) can provide the requisite funding in consideration of equity stakes in the development company, to get the project funded, built, and ready for tenants.
2 Takeaways:
a) Developing a deck (the platform in the air where development happens) to build upon is quite expensive; &
b) Financing is limited as there are minimal real property rights associated with air rights, which can be foreclosed upon (collateral).
Based upon the expense and lack of collateral, perhaps development for air rights is ripe for crowdfunding to get the job done. In crowdfunding, accredited investors (net worth of more than $1 million or have earned $200,000 in each of the previous 2 years) can provide the requisite funding in consideration of equity stakes in the development company, to get the project funded, built, and ready for tenants.
Subscribe to:
Posts (Atom)