Many thinking of taking out their first mortgage have heard the phrase “loan-to-value” or “LTV.” With significant assets on the line, it is important for home buyers to understand this risk assessment tool. The Loan-to-Value ratio is often used to set the down payment for a home, as well as the interest rate offered by lenders
Numerous workers across the country experience wage theft – whether it is through minimum wage violations, failure to pay overtime, or tipping issues. However, while the Fair Labor Standards Act gives employees an avenue to hold their employers liable for unpaid wages, sometimes achieving an actual payout is difficult.
New York’s real estate market is notorious for being fast-paced and high-stakes. With thousands - sometimes hundreds of thousands - of dollars on the line, a mistake can have dire consequences. Whether you are buying or selling a house, apartment, brownstone, or condo, it is important to understand the unique aspects of New York real estate law.
An investigation by the Department of Labor found an Anaheim, California-based welding company violated overtime provisions of the Fair Labor Standards Act – to the tune of over $500,000.
Most employers in New York pay their employees what they're owed. And most employees can expect to be paid on a regular basis.
Purchasing a home is often a complicated, stressful process. To help things along, many first-time home buyers try to get “pre-approved” for a mortgage before finding a property. The problem is, there are still problems that can arise even if someone has been pre-approved.