Key Real Estate Services, LLC is in The Hunt!

Did you see us in The New York Times Real Estate section?

 

Professional Advisors and Referring Real Estate Agents

Key Real Estate Services helps legal, financial, and eldercare professionals address your clients' real estate needs — adding value to your core professional services. As a referring professional you can be confident that Key Real Estate Services will match your high standard of service, employ technology to bridge any distance, and keep you informed throughout the process of handling your clients" real estate transactions.

Referral business is welcome from suburban and out-of-state real estate agents with a local client who intends to buy or sell property in or around New York City.

Referrals are welcome from:

  • Estate Attorneys
  • Eldercare Attorneys
  • Bankruptcy/Foreclosure Attorneys
  • Matrimonial Attorneys
  • Financial Planners
  • Accountants
  • Credit Advisors
  • Geriatric Care Managers
  • Medical Doctors
  • Out Of Area Real Estate Brokers/Agents

Please contact me through the link or at 718-874-2877 or 914-661-0340; I look forward to hearing from you.

What one KRES client had to say:

"You are very thorough, more than many paralegals I have employed."
D. Panero, Esq.
January 2010

You Can't Make This Stuff Up!

Unit Number Riddle

When is a three-family house a one-family home? When it's a one-family house with three residential units. Get it?

This real estate riddle is frequently played out in the New York metro area where one or more illegal apartments are created in a house to help the property owners generate income from their home. The problem comes when that homeowner/landlord attempts to sell their illegally divided house with or without tenants. Banks don't make loans to buyers of houses when an appraiser's report description does not conform to the property's legal status.

What defines an illegal unit? Another kitchen with a working stove is the "tell" even though there are certain situations where an appraiser will accept two kitchens in a one-family house. But three kitchens in a legal single-family home are pushing it; I've had one of those. Four kitchens in a legal two-family house are pushing it exponentially; I've seen one of those.

The solution involves removing the offending kitchen(s). This needn't mean major renovation. Usually the removal of a stove and capping of the gas line will do the trick. Think of it not as loosing a kitchen, but gaining a wet bar—and there are no restrictions on that.

You can't make this stuff up.