Rock the Closing

Going through a divorce and wondering what happens to your home, mortgage, or investment properties? In this episode of Rock the Closing, matrimonial attorney Meredith Singer explains how real estate is handled during divorce proceedings, from marital homes to rental and investment properties.Meredith breaks down equitable distribution, mortgage refinancing versus assumption, pendente lite carrying charges, and when courts can require a spouse to vacate the marital home. She also shares practical guidance on negotiating who keeps the house and avoiding common real estate and financial pitfalls during divorce.This episode is essential for divorcing homeowners, real estate investors, and professionals advising clients through divorce and property division.0:00 – Introduction & Guest Overview1:11 – Meredith Singer’s Background in Matrimonial & Family Law2:39 – Real Estate Law and Divorce: The Critical Overlap3:28 – Adult Children vs. Minors and Property Division6:03 – First Questions to Ask Your Divorce Attorney8:07 – Risks of Signing Documents Without Reading9:02 – Investment Properties and Rental Units in Divorce10:55 – Case Study: Tenant Issues During Property Settlement12:20 – Removing a Spouse From the Marital Home13:05 – Pendente Lite Motions Explained14:23 – When Judges Order a Spouse to Vacate15:07 – Non-Judicial Strategies to Encourage Moving Out16:09 – Parenting Plans and Negotiation Tactics17:02 – Pendente Lite Carrying Charges Explained17:49 – Final Thoughts and How to Contact Meredith👥 Featured Guests:Meredith Singer, Esq. – Matrimonial Attorney🌐 meredithsingerlaw.com📧 [email protected]🎙️ Your Hosts:Orsolya Bartha, Esq. – Real Estate AttorneyDalia Zaza, Esq. – Real Estate Attorney🎵 Music Credits:Percussion and Claps by InfractionFind more at @infractionimhere🔗 Connect With Rock the Closing:🌐 www.rocktheclosing.com📧 [email protected]📱 @RockTheClosing⚠️ Disclaimer:This podcast is for educational purposes only and does not constitute legal or tax advice. Always consult qualified professionals, including attorneys and CPAs, before making decisions regarding real estate or finances.Keywords : divorce real estate, family law, real estate attorney, real estate and divorce, matrimonial law, property division, equitable distribution, divorce advice, homeownership divorce, marital property, refinancing after divorce, investment property divorce, New York divorce lawyer, divorce property settlement

Episode 24: How to Avoid Probate In Case of Co-Op Apartment OwnershipSummary:In this episode of Rock the Closing, hosts Orsolya Bartha, Esq. and Dalia Zaza, Esq. are joined by guest speaker Bracha Etengoff, Esq., a trust and estate attorney, to discuss practical strategies for avoiding probate when you own a co-op apartment in New York City.In this episode, you'll learn:What probate means and why it's particularly challenging for co-op apartments, which are considered personal property rather than real estateThe timeline and limitations of probate, including why you cannot sell or rent a co-op apartment until an executor is appointed (which can take 6 months to a year in downstate New York)How joint ownership with rights of survivorship works as the most effective tool to bypass probate entirelyThe strategic approach to gifting shares, including why transferring only a small percentage (like 10%) to a beneficiary during your lifetime can help avoid both probate and minimize capital gains taxesUnderstanding step-up basis and how it affects the tax implications when inheriting versus receiving gifted sharesThe practical steps involved, including navigating transfer applications, board approvals, and mortgage modifications with existing lendersTimeline and costs for the transfer process (typically 6-8 weeks with modest fees that are significantly less than probate costs)Important considerations about when this strategy works best – ideal for families with one adult child, but more complex when multiple beneficiaries or special circumstances are involvedGuest Contact Information:Bracha Etengoff, Esq.Email: ⁠[email protected]⁠Phone: (347) 640-0993The attorneys emphasize that while avoiding probate can save significant time and money, these decisions require careful analysis with qualified professionals including estate attorneys, real estate attorneys, and CPAs.Music CreditsMusic by Percussion and Claps by Infraction. Find more at infractionimhereHELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠⁠Apple Podcasts!⁠⁠⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you. We really appreciate it!

Episode 23: How to Save Some Money If You Are Doing a Purchase in New York CitySummary:In this episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza unlock one of NYC's best-kept secrets for saving thousands at closing: the Purchaser CEMA (Consolidation, Extension, and Modification Agreement). This powerful but little-known strategy allows buyers to take over the seller's existing mortgage and consolidate it with their new loan, potentially saving $10,000 or more in mortgage recording taxes. Our expert hosts break down the complex qualification requirements, walk through the step-by-step process, and reveal the common pitfalls that can derail CEMA transactions. Whether you're a first-time buyer or seasoned investor, this episode provides invaluable insights into a strategy that could save you tens of thousands on your next NYC property purchase.In this episode, you'll learn:What a Purchaser CEMA is and how it can save you thousands in mortgage recording taxesThe specific qualification requirements: property types, loan amounts, and seller mortgage statusWhy bank cooperation is crucial and which lenders are most likely to participateStep-by-step breakdown of the CEMA process from concept to closing executionReal-world savings examples: $10,000+ on million-dollar purchases, tens of thousands on luxury propertiesThe biggest challenges and obstacles you'll face with CEMA transactionsWhen NOT to pursue a CEMA and why sometimes it's not worth the complexityExpert tips for working with attorneys and lenders to maximize your successHow to determine if CEMA makes financial sense for your specific situationThe difference between condos, townhouses, and co-ops when it comes to CEMA eligibilityMusic CreditsMusic by SoundHills, Beautiful Minds.Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠⁠Apple Podcasts!⁠⁠⁠It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 22: Real Estate in Divorce Mediation – What You Need to KnowSummaryIn this episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza sit down with Alla Roytberg, founder and principal attorney at Good Law Firm, to explore the crucial intersection of real estate and divorce mediation. Alla shares her extensive experience in family law, explaining the role of mediators, the importance of proper legal guidance, and the common real estate pitfalls that couples face during a divorce.Whether you're a homeowner navigating a separation, a real estate professional working with divorcing clients, or an attorney looking to understand mediation better, this episode provides valuable insights into how mediation can streamline real estate decisions in divorce cases.In this episode, you’ll learn:✅ The role of mediation in divorce and how it differs from litigation✅ Why a mediator is like a "family doctor" in the divorce process✅ How real estate attorneys play a crucial role in reviewing agreements✅ Common real estate mistakes in divorce, including co-op approvals and buyout terms✅ The impact of transfer taxes and closing costs in property division✅ How mediation can help couples reach fair property settlements✅ What happens after a mediation agreement is reached—does it need court approval?Guest Speaker:🎙️ Alla RoytbergFounder & Principal Attorney, Mediator📍 Good Law Firm📧 [email protected]📞 917-374-7475🌐 www.goodlawfirm.com👉 Tune in now for expert advice on navigating real estate in divorce mediation!Music CreditsMusic by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes. net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠⁠Apple Podcasts!⁠⁠⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 21: Real Estate Transaction Costs (Beyond Closing Costs)SummaryIn this episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza take a deep dive into real estate transaction costs beyond traditional closing costs. Many buyers and sellers are prepared for closing costs, but additional expenses throughout the transaction process can catch them off guard. From inspections and permits to judgments, liens, and occupancy certificates, our hosts break down the hidden costs that arise before closing. They also share real-life examples of transaction costs that can add thousands of dollars to a deal and explain how to prepare for them to avoid last-minute surprises.In This Episode, You'll Learn:✔️ What real estate transaction costs are and how they differ from closing costs✔️ The common costs for buyers, including inspections, title searches, and attorney fees✔️ The unexpected costs for sellers, such as open permits, liens, and occupancy certificates✔️ How open permits and unapproved renovations can delay transactions and increase costs✔️ Why judgments, violations, and liens must be addressed before closing✔️ The importance of planning ahead for these costs to avoid delays and financial stress✔️ Why certain transaction costs must be paid before closing, rather than at the closing table✔️ Additional fees, such as UCC-3 recording fees, deed transfer fees, and termination fees for mortgages✔️ How to budget for these transaction costs as a buyer or sellerWhether you're buying or selling a property, knowing these hidden transaction costs can save you time, money, and frustration. Tune in to get informed and avoid last-minute surprises in your next real estate deal!Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Get in touch with Orsolya Bartha: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Phone ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Get in touch with Dalia Zaza: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Phone⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Check out our website at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for more information and updates.Music CreditsMusic by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠⁠⁠⁠Apple Podcasts!⁠⁠⁠⁠⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 20: Who Is Sitting at the Closing Table?Summary:In this episode of The Closing, Orsolya Bartha and Dalia Zaza break down the essential participants at a real estate closing. Whether you're buying or selling a property, understanding who needs to be at the table is crucial for a smooth transaction. The hosts discuss the key differences between co-op, condo, and house closings, the role of attorneys, lenders, title agents, and transfer agents, and how to navigate potential challenges in scheduling. They also touch on power of attorney, remote closings, and tips for ensuring a successful and efficient closing process.In this episode, you'll learn:✔ Who must be present at the closing table for co-ops, condos, and houses✔ The role of attorneys, lenders, and title agents in a closing✔ How transfer agents impact co-op transactions✔ What happens if a buyer or seller can’t attend the closing✔ The importance of flexibility and cooperation in scheduling a closing✔ How remote closings work and when they might be usedTune in to gain expert insights into one of the most critical steps in real estate transactions!Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠⁠⁠⁠Get in touch with Orsolya Bartha: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠Phone ⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠Get in touch with Dalia Zaza: ⁠⁠⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠Phone⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠Check out our website at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for more information and updates.👉 Tune in now for expert advice on navigating real estate in divorce mediation!Music CreditsMusic by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠⁠⁠Apple Podcasts!⁠⁠⁠⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 19: What Happens After the Contract is Signed and Before Closing?Summary:In this episode of The Closing, we break down the crucial steps that take place after the contract is signed but before the actual closing. Many buyers and sellers assume that once they’ve signed on the dotted line, it’s smooth sailing—when in reality, this period involves several key processes that can impact the timeline of the transaction.From due diligence and board approvals to financing and final preparations, we explore the different moving parts that need to align before the closing date. Whether you're a first-time homebuyer, a seller, or a real estate professional, understanding this process can help you avoid delays, stay prepared, and ensure a seamless closing experience.In This Episode, You’ll Learn:✅ What happens after the contract is signed? A step-by-step breakdown of what comes next.✅ The role of due diligence—title searches, lien checks, and board approvals.✅ How long the approval process can take, especially for co-ops and condos.✅ Common delays buyers and sellers should watch out for.✅ Scheduling the closing—who needs to be there, what documents to bring, and how to prepare.✅ The importance of having all parties aligned (buyers, sellers, attorneys, lenders, title companies, and more).✅ Pro tips to make the closing process smoother and avoid last-minute surprises.By the end of this episode, you’ll have a clear roadmap of what to expect between signing the contract and the closing table—helping you navigate this critical stage with confidence.🎧 Tune in now for expert insights from real estate attorneys who live and breathe the closing process!Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠⁠⁠Get in touch with Orsolya Bartha: ⁠⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠Phone ⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠Get in touch with Dalia Zaza: ⁠⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠Phone⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠Check out our website at ⁠⁠⁠⁠⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠⁠⁠⁠⁠ for more information and updates.Music CreditsMusic by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠⁠Apple Podcasts!⁠⁠⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 18 - Chat with the Title Insurance CompanySummary:In this episode of The Closing, hosts Dalia Zaza and Orsolya Bartha sit down with Stephanie Lenti from Newmark Title Services to discuss the critical role of title insurance in real estate transactions. Stephanie provides valuable insights into how title insurance protects buyers, sellers, and lenders, the common issues that can arise during the closing process, and how to prevent costly delays. She shares real-world examples of title defects, misrecorded deeds, and foreclosure claims, emphasizing the importance of working with a reputable title company. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, this episode offers essential knowledge to help navigate the complexities of title insurance.In This Episode, You’ll Learn:✔️ What title insurance is and why it’s crucial in real estate transactions.✔️ The most common title defects and how they can impact a closing.✔️ How buyers can protect themselves from title-related issues.✔️ The role of title insurance in preventing fraud and ownership disputes.✔️ How a misrecorded deed can delay or even jeopardize a closing.✔️ The process of correcting title defects and ensuring a smooth transaction.✔️ Why working with a reputable title company is essential for a successful closing.Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠⁠Get in touch with Orsolya Bartha: ⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠Phone ⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠Get in touch with Dalia Zaza: ⁠⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠Phone⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠Check out our website at ⁠⁠⁠⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠⁠⁠⁠ for more information and updates.GUEST INFORMATION :Stephanie LentiNewmark Title Services📧 Email: [email protected]📞 Phone: 917-224-4840Music CreditsMusic by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠⁠Apple Podcasts!⁠⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 17: Chat with a Trust and Estate AttorneySummary:In this special episode of Rock The Closing, we sit down with Bracha Etengoff, a trusts and estates attorney based in New York City and Long Island. She shares her expertise on how real estate and estate planning intersect, offering crucial insights for homeowners, buyers, and investors. From understanding what happens to real estate after someone passes away to the benefits of setting up a trust, Bracha breaks down complex legal concepts into practical advice. Whether you're a first-time homebuyer or looking to safeguard your assets, this episode is packed with valuable information to help you make informed decisions.In this episode, you'll learn:What happens to real estate when someone passes away—whether they have a plan in place or not.The difference between wills and trusts, and how they impact real estate ownership.Key distinctions between revocable and irrevocable trusts.How estate planning can help avoid unintended inheritance issues.The impact of capital gains tax when transferring or inheriting property.Why early estate planning is essential and how real estate attorneys and trust attorneys work together.Tune in to learn how to protect your real estate investments and ensure your assets are handled according to your wishes!Disclaimer:Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission.NEW TO THE SHOW?Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠Youtube⁠⁠⁠⁠⁠⁠Get in touch with Orsolya Bartha: ⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠Phone ⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠Get in touch with Dalia Zaza: ⁠⁠⁠⁠⁠⁠Email ⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠Phone⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠Website ⁠⁠⁠⁠⁠⁠| ⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠Check out our website at ⁠⁠⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠⁠⁠ for more information and updates.GUEST INFORMATION :Name: Bracha EtengoffProfession: Trust and Estate AttorneyLocation: New York City & Long IslandSpecializations: Mediation, Estate Disputes, Real Estate & TrustsWebsite: ⁠brahalaw.com⁠Music CreditsMusic by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HELP US OUT!Help us reach new listeners by leaving us a rating and review on ⁠Apple Podcasts!⁠ It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 16: Talk with the Insurance Agency Summary: In this episode of Rock the Closing, we sit down with Paul Ranieri from DC Ranieri Insurance Agency, a family-owned business with four generations of experience in the insurance industry. Paul provides valuable insights into the importance of homeowner’s insurance, the different types of coverage available, and how his agency tailors policies to meet each client’s unique needs. Whether you’re buying a home, renting, or simply looking to better understand your coverage, this episode offers practical advice to help you make informed decisions. In this episode, you'll learn: Why homeowner’s insurance is often required and how it protects you. The different types of homeowner’s insurance and what they cover. How to assess your risk and choose the right policy for your needs. What to expect during an insurance consultation and the key questions to ask. Common credits and discounts available for insurance policies. How DC Ranieri Insurance Agency can provide fast, same-day insurance solutions for closings. Don’t miss this episode if you’re preparing for a real estate closing or want to ensure your home and belongings are properly protected! Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠Youtube⁠⁠⁠⁠ Get in touch with Orsolya Bartha: ⁠⁠⁠⁠Email ⁠⁠⁠⁠| ⁠⁠⁠⁠Phone ⁠⁠⁠⁠| ⁠⁠⁠⁠Website ⁠⁠⁠⁠| ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ Get in touch with Dalia Zaza: ⁠⁠⁠⁠Email ⁠⁠⁠⁠| ⁠⁠⁠⁠Phone⁠⁠⁠⁠ | ⁠⁠⁠⁠Website ⁠⁠⁠⁠| ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ Check out our website at ⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠ for more information and updates. GUEST INFORMATION : Paul Ranieri Title: Insurance Specialist Company: DC Ranieri Insurance Agency Email: [email protected] Phone: 914-376-2560 Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 15: Talk with a Family Law Attorney Summary In this episode of Rock the Closing, we’re joined by family law attorney Diana Arnone, who is licensed in New York, New Jersey, and Michigan. Diana discusses the fascinating and sometimes complicated intersection of family law and real estate law, diving into issues like the division of real estate assets during divorce, selling properties amidst disputes, and how rent-controlled apartments in New York can be treated as valuable assets. Whether you’re dealing with a divorce or curious about how real estate plays a role in family law, this episode is packed with insights. In This Episode, You’ll Learn: How real estate is treated during a divorce, including division of assets, buyouts, and selling properties. Why rent-controlled or rent-stabilized apartments in New York City can be considered assets in a divorce. What happens when parties cannot agree to sell a shared property. Why the title of a property doesn’t always determine ownership during a divorce. How closing proceeds and costs are typically split during a property sale post-divorce. The importance of reaching a settlement agreement before selling a property. Factors that influence the timeline of divorce settlements and property sales. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠Instagram⁠⁠⁠ | ⁠⁠⁠Youtube⁠⁠⁠ Get in touch with Orsolya Bartha: ⁠⁠⁠Email ⁠⁠⁠| ⁠⁠⁠Phone ⁠⁠⁠| ⁠⁠⁠Website ⁠⁠⁠| ⁠⁠⁠LinkedIn⁠⁠⁠ Get in touch with Dalia Zaza: ⁠⁠⁠Email ⁠⁠⁠| ⁠⁠⁠Phone⁠⁠⁠ | ⁠⁠⁠Website ⁠⁠⁠| ⁠⁠⁠LinkedIn⁠⁠⁠ Check out our website at ⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠ for more information and updates. GUEST INFORMATION : Diana Arnone, Esq. (Mohyi), Family Law Attorney Licensed in: New York, New Jersey, and Michigan Specializes in: Divorce, separation, prenuptial agreements, postnuptial agreements, and custody matters Phone: 1-855-647-2500 Website: https://dianamohyiattorneyatlaw.com/ Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 14: Talk with a Property Manager Summary: In this episode of Rock the Closing, Orsolya and Dalia interview Robert Arnone, president and CFO of RCA Management Properties LLC. Robert shares expert insights on managing properties across New Jersey, New York City, and the Hamptons. He discusses the essential role of transparency, streamlined operations, and board relationships in property management. Tune in for valuable tips on selecting a management company, navigating board transitions, and understanding a property’s financial health. In this episode, you’ll learn: Selecting the Right Property Management Company Discover why experienced managers with real estate expertise are critical for effective property management. Building Strong Board Relationships Learn how RCA Management maintains continuity with board members and fosters productive, goal-aligned collaborations. Understanding Financial Health Before Buying Robert explains key questions to ask about a building’s reserves and future expenses to avoid hidden costs. Keys to Success in Property Management From talent selection to open communication, Robert shares what drives RCA’s growth and high client satisfaction. Advice for New Board Members Get tips for incoming board members on collaborating with management and staying aligned with long-term goals. Importance of Reserve Studies Learn why reserve studies and capital planning are essential for financial stability and regulatory compliance. Join us for an enlightening conversation that offers practical guidance for board members, property owners, and buyers alike, with insights that make navigating property management smoother and more informed. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠Instagram⁠⁠⁠⁠ | ⁠⁠⁠⁠Youtube⁠⁠⁠⁠ Get in touch with Orsolya Bartha: ⁠⁠⁠⁠Email ⁠⁠⁠⁠| ⁠⁠⁠⁠Phone ⁠⁠⁠⁠| ⁠⁠⁠⁠Website ⁠⁠⁠⁠| ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ Get in touch with Dalia Zaza: ⁠⁠⁠⁠Email ⁠⁠⁠⁠| ⁠⁠⁠⁠Phone⁠⁠⁠⁠ | ⁠⁠⁠⁠Website ⁠⁠⁠⁠| ⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠ Check out our website at ⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠ for more information and updates. GUEST INFORMATION : Robert Arnone, MSRE, AMS, CPM® Title: Managing Director, RCA Management Properties, LLC Contact: Phone: 212-918-4698 Company: RCA Management Properties, LLC Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 13: The Role of the Coop and Condo Board Summary In this episode of Rock the Closing, we dive into the vital functions of co-op and condo boards, particularly their management roles in residential buildings. We explore the key responsibilities, membership qualifications, and differences between co-ops and condos, while also addressing common questions regarding board operations and their impact on homeowners. This discussion aims to inform potential buyers and current owners about the significance of understanding their building’s governance. In this episode, you'll learn: Understanding Co-op and Condo Boards: Gain insight into the fundamental roles of co-op and condo boards, including management of building affairs, financial responsibilities, and decision-making processes related to maintenance and operations. Becoming a Board Member: Learn how unit owners can become members of their building’s board, including eligibility criteria and the benefits of participation, such as influencing building policies and improvements. Board Composition and Meetings: Discover the typical structure of a board, including the number of members and their roles. Understand how often boards meet, what topics they cover, and how they communicate with residents. Participation in Board Meetings: Understand the rules regarding shareholder or unit owner participation in board meetings, the nature of annual meetings, and how residents can voice their concerns or run for board positions. Compensation for Board Members: Find out why co-op and condo board members serve on a voluntary basis without financial compensation, and what motivates them to take on these responsibilities. Differences Between Co-op and Condo Boards: Explore the key distinctions between co-op and condo boards, particularly regarding the approval processes for prospective buyers and tenants. Board vs. Management Company: Clarify the difference between the board’s decision-making authority and the operational role of the management company, setting the stage for a deeper discussion in future episodes. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: ⁠Instagram⁠ | ⁠Youtube⁠ Get in touch with Orsolya Bartha: ⁠Email ⁠| ⁠Phone ⁠| ⁠Website ⁠| ⁠LinkedIn⁠ Get in touch with Dalia Zaza: ⁠Email ⁠| ⁠Phone⁠ | ⁠Website ⁠| ⁠LinkedIn⁠ Check out our website at ⁠⁠www.rocktheclosing.com⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 12: Contract Negotiations Summary: In this episode of Rock the Closing, hosts Orsolya and Dalia dive into the complexities of contract negotiations in real estate transactions. They explore the journey from offer acceptance to a fully binding contract, detailing the steps that ensure both parties are in agreement before signing. Listeners will gain insights into the contract review process, the importance of the down payment, and the nuances involved when both buyer and seller attorneys finalize the agreement. This episode is essential for anyone seeking to understand the pivotal moments that lead to a secured real estate deal. In this episode, you'll learn: When a contract is ready for signing: How thorough reviews and adjustments by attorneys ensure that the contract aligns with both parties' terms. Who signs first and why it matters: The steps the buyer must take, including signing the contract and sending the down payment. The significance of the down payment: Various options for sending the down payment and why it’s critical in binding the contract. Potential hurdles in contract finalization: Situations where sellers may delay or reconsider signing, and how buyers can manage these uncertainties. When the contract becomes binding: Key moments that signify a finalized contract, including the clearing of funds and the seller’s countersignature. What happens next: Once in contract, the next steps and why the journey is far from over. Tune in to gain practical knowledge on navigating contract negotiations with confidence! Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram | Youtube Get in touch with Orsolya Bartha: Email | Phone | Website | LinkedIn Get in touch with Dalia Zaza: Email | Phone | Website | LinkedIn Check out our website at ⁠www.rocktheclosing.com⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 11: Contract Negotiations Process Summary: In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya guide you through the intricacies of the contract negotiation process. From the initial deal sheet to the final signing, they explain how negotiations unfold, who is responsible for preparing the contract, and the key differences between contracts and riders. You'll also learn about the typical timeline for negotiations, the modern convenience of electronic signatures, and the dynamics of negotiating with various parties. Tune in to discover real-life stories and get valuable insights into ensuring a smooth contract negotiation process. In this episode, you'll learn: 📝 Where It All Starts The process begins with the deal sheet, which includes basic details about the property, the involved parties, and their attorneys. This is followed by an initial courtesy email to introduce the negotiating teams. 📅 When to Start Negotiations Negotiations kick off as soon as the initial contract draft is prepared. This is the first critical step before any financial transactions occur, ensuring both parties agree on the deal's terms. 📑 Who Prepares the Contract The seller’s attorney drafts the initial contract based on the deal sheet. This draft is then reviewed and negotiated by both parties' attorneys before any formal agreement is reached. 🔄 Contracts vs. Riders The main contract includes the basic terms of the deal, while a rider adds additional terms specific to the transaction. Riders might address unique conditions like inspection waivers, post-occupancy agreements, or specific inclusions or exclusions. ⏳ How Long Does Negotiation Take? Typically, it takes about a week to negotiate and finalize the contract. This timeline can vary depending on factors like due diligence, inspection results, and how quickly attorneys respond. ✍️ Signing the Contract Nowadays, most contracts are signed electronically, simplifying the process compared to the past when physical signatures were required. This modern approach makes it easier for clients to finalize agreements regardless of their locations. 🤝 Negotiation Dynamics Negotiations are generally amicable, though challenges can arise, such as dealing with difficult attorneys or slow responses. Despite these hurdles, most negotiations are resolved professionally. 📚 Real-Life StoriesDalia’s Story: A client with limited experience with technology required a creative approach to signing, involving fax machines and scheduled phone calls. Orsolya’s Story: A client with very specific preferences led to multiple rounds of negotiations with different attorneys before reaching a mutually satisfactory agreement. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠⁠⁠⁠⁠Orsolya Bartha⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠Dalia Zaza⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠Youtube ⁠⁠⁠⁠⁠ Check out our website at ⁠⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 10: PCDS - Property Condition Disclosure Statement Summary: In this episode of Rock the Closing, hosts Orsolya and Dalia delve into the new Property Condition Disclosure Statement (PCDS) which took effect on March 20, 2024. This episode provides a comprehensive overview of the PCDS, detailing its requirements, purpose, and implications for both sellers and buyers. The discussion covers who needs to complete the form, what kind of information it should include, and the potential consequences of inaccurate disclosures. This essential guide aims to help real estate professionals, sellers, and buyers navigate the new disclosure requirements effectively. In this episode, you'll learn: 🏡 What the PCDS is: The Property Condition Disclosure Statement is a new requirement for sellers of residential properties to disclose the condition of their property. 📅 Effective Date: The PCDS requirement became effective on March 20, 2024, for contracts signed after this date. 📜 Comparison with Previous Requirements: Learn about the transition from the Property Condition Disclosure Act (PCDA), which used to offer a $500 credit to buyers instead of a disclosure statement. ✍️ Who Completes the Form: The seller is responsible for filling out the PCDS based on their knowledge of the property’s condition. 📝 Key Questions in the Form: The PCDS includes questions about the property’s condition such as water damage, structural issues, and environmental concerns. 🔍 Purpose of the Statement: The PCDS provides the buyer with information about the property but does not replace the need for independent inspections. ⚖️ Liability for Inaccurate Information: Sellers can be held liable for damages if they provide false or incomplete information on the PCDS. 📋 Requirements for Delivery: The PCDS must be provided to the buyer before the contract is signed and attached to the fully executed contract. 🏠 Role of Inspections: Buyers are advised to conduct their own inspections regardless of the information provided in the PCDS. 👩‍⚖️ Professional Advice: Real estate agents and attorneys should ensure the PCDS is completed and reviewed correctly to avoid conflicts with contract representations and legal issues. Tune in to get a clear understanding of how the new PCDS impacts your real estate transactions! Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠⁠⁠⁠Orsolya Bartha⁠⁠⁠⁠ | ⁠⁠⁠⁠Dalia Zaza⁠⁠⁠⁠ ⁠⁠⁠⁠Youtube ⁠⁠⁠⁠ Check out our website at ⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 9 - Maintenance, common charges, assessment explained. Summary In this episode of Rock the Closing, Orsolya and Dalia discuss essential real estate concepts including maintenance, common charges, assessments, and taxes. They explain the distinctions between maintenance and common charges, how taxes are paid for condominiums and houses, and the effects of tax exemptions and abatements. They also clarify assessments and their implications for property owners. In This Episode, You'll Learn: 🔧 Maintenance and Common Charges: What these costs cover, including hallway lighting, management fees, repairs, and operational expenses. Learn about the reserve fund for capital improvements. ⚖️ Differences Between Maintenance and Common Charges: Maintenance applies to co-ops and includes building taxes; common charges are for condominiums and cover only building costs without taxes. 💰 Tax Payments: How taxes for condominiums and houses are paid, including the frequency and effects of renovations on tax rates. 📜 Tax Exemptions and Abatements: Common tax exemptions like STAR, veteran, and religious exemptions, and city-offered abatements such as J51 and 421a that promote affordable housing. 📈 Assessments: What assessments are, why they might be imposed, and how they differ from regular maintenance and common charges. Includes costs from unforeseen events or regulatory violations. 🏠 Differences for Houses: Homeowners bear additional costs out-of-pocket, unlike shared assessments in co-ops or condos. This episode offers a detailed overview of these important property ownership aspects, providing insights to help manage financial responsibilities. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠⁠⁠⁠Orsolya Bartha⁠⁠⁠⁠ | ⁠⁠⁠⁠Dalia Zaza⁠⁠⁠⁠ ⁠⁠⁠⁠Youtube ⁠⁠⁠⁠ Check out our website at ⁠⁠⁠⁠www.rocktheclosing.com⁠⁠⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠⁠https://protunes.net/⁠⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 8: The Contract Deposit Summary: In this episode of Rock The Closing, hosts Orsolya and Dalia dive into the crucial topic of the contract deposit, a key component in real estate transactions. They explain what a contract deposit is, its standard amount, and its purpose. The episode covers when and how the deposit should be provided, including the differences between wire transfers and checks. The hosts also discuss the circumstances under which the deposit might be returned to the buyer or kept by the seller, emphasizing important considerations for both parties. The discussion highlights scenarios involving contingencies, breaches of contract, and the role of the seller’s attorney. In this episode, you'll learn: 🔍 What a contract deposit is and its significance in real estate transactions. 💵 The standard amount of the deposit and how it may vary. 🔒 The purpose of the contract deposit and its role in securing the buyer’s commitment. 📅 When and how the deposit should be provided to the seller. 🏦 The differences between providing a deposit via wire transfer and check. 🔄 Situations where the deposit might be returned to the buyer. ⚠️ Scenarios where the seller might retain the deposit, including breaches of contract and failure to meet contingencies. Tune in to gain a clear understanding of how contract deposits work and how to navigate this critical step in the home buying process. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠⁠⁠Orsolya Bartha⁠⁠⁠ | ⁠⁠⁠Dalia Zaza⁠⁠⁠ ⁠⁠⁠Youtube ⁠⁠⁠ Check out our website at ⁠⁠⁠www.rocktheclosing.com⁠⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠⁠https://protunes.net/⁠⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 7: Closing Costs! Be Aware! Summary:In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya dive deep into the world of closing costs and what buyers and sellers need to prepare for beyond the purchase price. Discover the various costs associated with closing a real estate transaction, how to estimate them, and the differences between costs for buyers and sellers. They also cover typical scenarios that might result in additional credits or adjustments, and the importance of being prepared for unexpected expenses. In this episode, you'll learn: 💸 The Types of Closing Costs: What buyers and sellers need to anticipate.📅 Estimating Costs: When and how to discuss and estimate these costs.🏢 Co-ops vs. Condos: Differences in closing costs for co-ops versus condos.🔄 Adjustments and Credits: Common adjustments and potential credits that can occur during closing.💰 Holding Back Money: Scenarios where money might be held back from the seller at closing. Join us to make sure you’re fully prepared for all aspects of closing costs in your real estate transactions! Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠⁠Orsolya Bartha⁠⁠ | ⁠⁠Dalia Zaza⁠⁠ ⁠⁠Youtube ⁠⁠ Check out our website at ⁠⁠www.rocktheclosing.com⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠https://protunes.net/⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 6: What is the Due Diligence Process for a House? Summary: In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya dive deep into the due diligence process for purchasing a house. Unlike condos or co-ops, buying a standalone house involves a unique set of inspections, reviews, and checks to ensure that you are making a sound investment. They guide you through each step, from the initial buyer’s impression to the final title insurance review. Whether you’re a first-time homebuyer or a seasoned property investor, this episode will equip you with the knowledge needed to confidently navigate the due diligence process. In this episode, you'll learn: 🏠 The Importance of Buyer’s Impression: How your initial walkthrough sets the foundation for your due diligence process.🔍 Inspection Process: Why hiring a professional inspector is crucial and what they look for in a house.🏗️ When to Involve Architects and Structural Engineers: Understanding the optional but beneficial role of these experts in evaluating the home’s structural integrity.📏 Understanding Property Surveys: How a property survey helps delineate your property’s boundaries and why it’s important.📜 Ownership History and Deed Verification: The significance of reviewing a property’s ownership history and ensuring the seller’s legitimacy.🔒 The Role of Title Insurance: How title insurance protects your investment by ensuring you receive a clean title. This episode is packed with essential tips and insights to help you make an informed decision when purchasing a house. Tune in to ensure your next home purchase is a smooth and secure process! Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW?Follow our official social media accounts: Instagram LinkedIn ⁠⁠Orsolya Bartha⁠⁠ | ⁠⁠Dalia Zaza⁠⁠ ⁠⁠Youtube ⁠⁠ Check out our website at ⁠⁠www.rocktheclosing.com⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠https://protunes.net/⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 5: What is the Due Diligence Process for Condos and Co-ops? Summary: In this episode of Rock the Closing, real estate attorneys Dalia and Orsolya break down the due diligence process when buying a condo or co-op. They cover essential steps such as property inspections, document reviews, and reading board minutes, helping buyers understand how to avoid potential pitfalls and make informed decisions. In this episode, you'll learn: First impressions matter: What to look for when visiting a condo or co-op for the first time. What does an inspector do? How inspectors evaluate everything from windows to major building equipment like boilers and elevators. Key documents your attorney reviews: Offering plans, house rules, and policies on alterations, leases, and smoking. Risks to watch out for: Lot line windows (which might be closed if new buildings are constructed nearby) or structural issues. Public records research: What attorneys search for on websites like the Department of Buildings or ACRIS, including open permits, violations, or unpaid taxes. Attorney questionnaires: Essential questions to ask about building finances, upcoming assessments, maintenance fees, and policies on pets or smoking. Board minutes insight: How reading board minutes can reveal key details about the building, from neighbor disputes to planned improvements. By the end, you'll have a clear understanding of what to expect in the due diligence process, ensuring you're fully prepared for your real estate transaction. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠Orsolya Bartha⁠ | ⁠Dalia Zaza⁠ ⁠Youtube ⁠ Check out our website at ⁠www.rocktheclosing.com⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠https://protunes.net/⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 4: How Long Does the Transaction Take, and What is the Process and Timeline? Summary: In this episode of Rock the Closing, hosts Orsolya and Dalia delve into the intricacies of real estate transaction timelines. They break down the process and discuss how long different types of transactions typically take, from cash deals to mortgage-financed purchases. The episode also covers key steps in the process and provides valuable tips on how to prepare for a smooth closing. Whether you're buying or selling, this episode will help you understand what to expect and how to navigate the timeline effectively. In this episode, you'll learn: Transaction Timelines: The duration of cash transactions and factors influencing the timeline. How long it typically takes when a mortgage is involved. Differences between cash and mortgage transactions regarding closing times. Process Overview: Key phases of a real estate transaction from start to finish. Important steps to take at each phase to ensure a smooth process. Preparing for Closing: How to prepare your board package and the importance of timely submission. What to expect during the final walkthrough and its significance. Handling Post-Closing Issues: Common issues that may arise after closing and how to address them. Examples of post-closing occupancy and escrow issues. Practical Tips: Essential items to bring to the closing table. How to manage potential delays and ensure everything is in order before the closing date. Tune in to gain a clear understanding of the real estate transaction process and timeline, and learn how to manage it effectively to ensure a successful closing. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠Orsolya Bartha⁠ | ⁠Dalia Zaza⁠ ⁠Youtube ⁠ Check out our website at ⁠www.rocktheclosing.com⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠https://protunes.net/⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Summary: In this episode of Rock the Closing, Dalia and Orsolya dive into the key differences between cooperatives (co-ops), condominiums (condos), and houses, breaking down the unique aspects of each ownership type. They cover everything from how ownership is held, to the differences in insurance, carrying costs, taxes, and the advantages of each type. Whether you’re a first-time buyer or just curious about the nuances of real estate, this episode will provide you with a clear understanding of these different property ownership models. In this episode, you'll learn: The differences between holding ownership in a co-op, condo, and house. How insurance works for these property types and what role title companies play. What carrying costs to expect, including common charges, maintenance fees, and real estate taxes. The impact of board approvals, interviews, and restrictions in co-ops versus the flexibility in condos. Why some buyers might prefer a condo or house over a co-op, especially when it comes to rental flexibility and property upgrades. Specific tax considerations, such as the mortgage recording tax for condos and the flip tax in some co-ops. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW? Follow our official social media accounts: Instagram LinkedIn ⁠Orsolya Bartha⁠ | ⁠Dalia Zaza⁠ ⁠Youtube ⁠ Check out our website at ⁠www.rocktheclosing.com⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠https://protunes.net/⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 2: What is Rock the Closing? Summary: In this episode of Rock the Closing, Orsolya and Dalia break down everything you need to know about the deal sheet, also known as the transaction sheet. This key document outlines the agreed-upon terms between a buyer and seller in a real estate transaction and sets the stage for the rest of the closing process. We cover who typically fills out the deal sheet, what essential information should be included, and how accurate details can make or break the deal. Whether you’re a broker, an attorney, or even a For Sale By Owner (FSBO) seller, this episode provides a detailed look at how to get the deal sheet right. In this episode, you'll learn: What a deal sheet is and why it’s so important in real estate transactions. Who is responsible for filling out and sharing the deal sheet. The essential information that should be included on a deal sheet, such as: Property address, unit number, and other identifying details. The names and contact information for both the buyer and seller, as well as their respective attorneys and brokers. Purchase price, down payment amount, and financing details. Management company information for condos and co-ops. Contingencies, inclusions/exclusions, and special terms (e.g., inspection waivers). How inaccuracies in the deal sheet can lead to delays and potential legal issues. Why a clear and accurate deal sheet sets the tone for a smooth closing process. Tune in to get the complete lowdown on how a well-prepared deal sheet can make all the difference in your real estate transaction! Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW?Follow our official social media accounts: Instagram LinkedIn ⁠Orsolya Bartha⁠ | ⁠Dalia Zaza⁠ ⁠Youtube Check out our website at ⁠⁠www.rocktheclosing.com⁠⁠ for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at ⁠⁠https://protunes.net/⁠⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Episode 1: What is Rock the Closing? Summary: In our debut episode of Rock the Closing, hosts Orsolya Bartha and Dalia Zaza introduce themselves and explain what this podcast is all about. They share their unique backgrounds and experiences in real estate, offering a glimpse into the wealth of knowledge they bring to the show. Discover why this podcast is a must-listen for anyone involved in real estate transactions in New York State. In this episode, you’ll learn: The professional journeys of Orsolya Bartha and Dalia Zaza and their passion for real estate. What makes Rock the Closing a valuable resource for buyers, sellers, and real estate professionals. An overview of the topics and questions the podcast will address, including the step-by-step real estate transaction process. A humorous story from Dalia highlighting common pitfalls in the closing process and the importance of preparation. Disclaimer: Thank you for tuning in to RTC! This podcast is hosted by real estate attorneys, who offer valuable insights. Please remember that the content is for educational purposes only and does not constitute legal advice. Always consult a qualified professional before making any decisions. This podcast is copyrighted by Rock the Closing, and any reproduction, syndication, or rebroadcasting of the content requires written permission. NEW TO THE SHOW?Follow our official social media accounts: Instagram LinkedIn Orsolya Bartha | Dalia Zaza Youtube Check out our website at www.rocktheclosing.com for more information and updates. Music Credits Music by SoundHills, Beautiful Minds. Find more at https://protunes.net/ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!