Allomong & Associates, P.C.

06/21/2023

05/02/2023

Two ways buyers can protect themselves if the appraisal comes in lower than the offer price.

Is renegotiating an option?

03/31/2023

Understand complicated real estate matters.

Consider the rules in New York.

03/06/2023

For some homebuyers, the prospect of an easement can be surprising. So, how is it handled?

It's common to have questions.

01/30/2023

They're a common option in New York City - but they come with some special considerations.

What is the CC&R?

12/29/2022

First-time homebuyers may question if they need this clause in their offer.

It's critical to know what it does first.

11/22/2022

Why are there two title policies on the bill?

A look at add-on costs.

11/10/2022

When investing in a property, buyers want to ensure all their costs stack up.

A competitive market can come with risks.

10/31/2022

Happy 10/31 exchange day! 1031 exchanges of real estate are one of my FAVORITE transactions.

05/13/2022

Housing Market: Where it's at. Where it's going. (05/09/2022)

May 2022 Update

11/23/2021

1031 EXCHANGES + INFRASTRUCTURE BILL UPDATE:
As we all know, the House passed a $1.7 trillion spending bill last Friday, November 19th. ***At this point Section 1031 remains intact and unchanged. The Administration’s proposal to cap Section 1031 at $500K per taxpayer was not included as a “Pay For” in the Build Back Better bill as passed by the House.***

Action now turns to the Senate, where this bill will undoubtedly undergo some changes. At that point it will go back to the House for another vote.

10/21/2021

We are thrilled to announce the launch of our new firm website! Check this out ⚖️🗽🏡

Allomong & Associates, P.C., in Manhattan provides premier legal advocacy for real estate closings, 1031 exchanges and first-time home buyers. 929-577-5650.