Supcoffconstructionlaw's Weblog


DeBlasio Announces New Revised Sandy Relief Plan
March 31, 2014, 11:40 am
Filed under: Uncategorized

DeBlasio Announces New Revised Sandy Relief Plan

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Churches see development boom as godsend
March 28, 2014, 1:10 pm
Filed under: Uncategorized

Churches see development boom as goodsend



http://therealdeal.com/issues_articles/this-month-in-real-estate-history-85/
March 18, 2014, 3:19 pm
Filed under: Uncategorized | Tags:

http://therealdeal.com/issues_articles/this-month-in-real-estate-history-85/

Fun NY Real Estate History



March 11, 2014, 6:39 pm
Filed under: Uncategorized

New-Home Building Is Shifting to Apartments 3/9

According to the Wall Street Journal: “The share of new homes being built as rental apartments is at the highest level in at least four decades, as an improving jobs picture spurs younger Americans to form their own households but tighter lending standards make it more difficult to buy.”



“Catch A Contractor” Debuts ON Spike TV Sundays at 10 PM
March 10, 2014, 5:11 pm
Filed under: Uncategorized

I watched the premiere of this new reality-tv show last night.  The hosts are a carpenter, a home improvement contractor and a private investigator.  The 3 assist homeowners who have had a bad experience with a contractor.  In the episode I saw, a contractor gets paid a large sum to renovate a bathroom but leaves the project midway rendering the space unusable.  The contractor is located (with help from the private investigator), lured back to the homeowners and caught on camera being confronted with the defective and/or incomplete work.  The show offers basic tips to homeowners including the need to have a written contract with a contractor, check licenses and references.  The show hosts eventually tell the contractor that he needs to go back and fix/complete his work or the they will help the homeowners put the case into suit.  It looks like a fun show.  Unfortunately, most homeowners don’t have the “Catch A Contractor” TV crew on their side.  Instead, homeowners may choose to hire an experienced construction attorney to prepare or review a construction contract before it is signed.  This way, if the contractor defaults, the homeowner legal rights will be protected.



NJ Short Sale Residential Closing Completed
January 20, 2014, 5:01 pm
Filed under: Residential Real Estate, Uncategorized

On December 31, 2013, my Firm successfully closed a short sale residential house purchase in New Jersey on behalf of the Buyer.  The transaction was complicated because the Seller had a first mortgage with one bank and a second mortgage with another bank.  In order to complete the sale, the first mortgage lender had to negotiate with the second mortgage lender to accept a reduced amount compared with the amount owed by the Seller on the second mortgage.



How To Donate To Red Cross To Support Haiti
January 14, 2010, 4:49 pm
Filed under: Uncategorized

According to the RedCross.org website, Donors can text “Haiti” to 90999 on their cell phone to send a $10 donation to support Red Cross relief efforts in Haiti.