The Law Office of George K. Fuiaxis
Real Estate &
Loan Modifications
Guidance for your property transactions and mortgage challenges.
Serving all five boroughs (Manhattan, Queens, Bronx, Brooklyn & Staten Island),
Downstate New York, the Lower Hudson Valley, Nassau and Suffolk counties.Serving all five boroughs (Manhattan, Queens, Bronx,Brooklyn & Staten Island), Downstate New York, theLower Hudson Valley, Nassau and Suffolk counties.
Real Estate Sales & Purchase Representation
Whether you are selling a home, purchasing an investment property or negotiating a commercial transaction, the legal details matter before you sign. The Law Office of George K. Fuiaxis represents buyers and sellers of residential and commercial real estate throughout all five boroughs (Manhattan, Queens, Bronx, Brooklyn & Staten Island), Downstate New York, the Lower Hudson Valley, Nassau and Suffolk counties.
Residential sales & purchases
Representation for buyers and sellers of condominiums, one-family and multi-family homes, vacation homes and investment properties. We help with contract preparation or review, negotiated terms, financing conditions, title matters and closing documents.
Discuss a residential sale or purchaseCommercial sales & purchases
Guidance for transactions involving stores, office buildings, warehouses, mixed-use buildings and other commercial property. We address the purchase and sale agreement, due diligence, existing leases, title issues, financing requirements and closing coordination.
Discuss a commercial sale or purchaseFrom the proposed terms to the closing table
- Before signing: Prepare or review the contract and riders, explain the parties’ obligations, and negotiate provisions addressing deposits, financing, due diligence, deadlines and possession.
- Before closing: Work through title exceptions and required documents, coordinate with the other attorney, lender and title company, and address issues affecting the transfer.
- At closing: Review the transfer and financing documents applicable to your role, explain closing adjustments and amounts due, and guide you through signing.
Questions buyers and sellers often ask
When should I contact an attorney about a sale or purchase?
Contact an attorney before signing a contract or other binding transaction documents. Buyers should discuss proposed terms, financing and property concerns. Sellers should discuss contract preparation, existing mortgages, title issues and the timing of possession. If you have already signed, tell us about all upcoming deadlines.
What should a buyer or seller prepare for the first conversation?
Bring the property address and type, whether you are buying or selling, the proposed terms or contract, broker contact details and any target closing date. Buyers should have financing information available. Sellers should gather their deed, existing mortgage information and relevant property documents. For commercial property, include available leases, entity information and due diligence materials.
How do commercial transactions differ from home sales and purchases?
Commercial transactions often require closer review of how a property is used and operated, including existing leases, tenant obligations, business ownership and due diligence requirements. The contract should reflect the particular property and transaction. Tell us whether a business or an ownership entity is also being bought or sold so we can discuss the related legal work.
How much does representation for a sale or purchase cost?
Ask for a fee quote based on the property, your role and the scope of the transaction. The attorney’s fee is separate from lender charges, title costs, taxes and other closing expenses. Discuss what is included and any circumstances that could change the legal fee before retaining counsel.
Residential background: New York State Bar Association’s guide to buying and selling real estate.
Buying or selling through a company, or transferring a business with the property? Explore our corporate law and business transaction services. Considering how a property purchase or sale affects your family’s plans? Discuss your will, trust and estate plan.
Schedule A ConsultationCall 718.777.0223When contacting us, tell us whether you are buying or selling, whether the property is residential or commercial, its county, and any contract or closing deadline.
Real Estate & Loan Modifications
Real Estate
The Law Office of George K. Fuiaxis represents buyers, sellers, property owners and lenders in residential and commercial real estate transactions throughout all five boroughs (Manhattan, Queens, Bronx, Brooklyn & Staten Island), Downstate New York, the Lower Hudson Valley, Nassau and Suffolk counties. From contract review and due diligence to financing and closing, we help clients understand the documents, address title issues and move their transaction forward.
The Law Office of George K. Fuiaxis represents individuals, corporations, banks and lending institutions with purchases, sales, and refinances of:
Condominiums
One-Families
Multi-Families
Investment Properties
Vacation Homes
Vacant Land
Commercial Properties
Warehouses
Office Space
Mixed Use
New Constructions
Short Sales
1031 Tax Deferred Like Kind Exchanges
The Law Office of George K. Fuiaxis represents individuals and corporations with the leasing, subleasing and assignment of:
Residential spaces
Commercial spaces
Office spaces
Retail spaces
Warehouse spaces
Loan Modifications
A loan modification is an agreement between a mortgage lender and a borrower to change the terms of the original loan. If you have failed to make mortgage payments or are having difficulty managing your mortgage payments, the Law Office of George K. Fuiaxis can help you modify your existing loan and obtain a more affordable monthly payment. Loans may be modified through a manner of different methods to lower and make your mortgage payment more affordable:
Interest rates may be reduced
Amount outstanding capitalized
Penalties, interest and late fees removed
Switch a loan from adjustable rate into a fixed rate interest
Given our understanding of various loan servicers, current and pending laws, and the requests of federal programs, we are able to bring packages together to raise a client's chance at obtaining a modification successfully. Given the difficulty of the loan modification application process, it would be in your best interest to have an attorney assist you in pursuing this course of action. The Law Office of George K. Fuiaxis, will assist you through the entire modification process.
The Law Office of George K. Fuiaxis offers a free consultation, in which we examine each prospective client’s situation, and provide an opinion on their ability of getting a loan modification. If you are having difficulty making your mortgage payments, have fallen behind, or foreclosure proceedings have been brought against you contact the Law Office of George K. Fuiaxis and schedule a consultation to determine if you qualify for a loan modification.