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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Astoria, NY
36
Votes |
45
Posts

Should I buy a copy of Holtzschue on Real Estate?

Account Closed
  • Astoria, NY
Posted

I can't find any reviews online, but I've come across a references to it in books, seminars, etc etc. 

My primary goal is to learn how to execute faster closings in NYC.

Most Popular Reply

Account Closed
  • Astoria, NY
36
Votes |
45
Posts
Account Closed
  • Astoria, NY
Replied

I ended up buying this and I think it was completely worth it.

I was pending on a contract for 4 months when I got this book. The seller (a bank) balked and delayed on executing the contract and I didn't know what to do. My lawyer is a nice guy, but he's cheap, pretty young and he didn't suggest a solution to complete the sale. 

In a few paragraphs, Holtzschue explained exactly what I should do (sent a letter of default and prepare to sue for specific performance), and listed numerous legal cases that outlined NY statutory law. The book explained that sellers who have been given a notice of default will usually execute sales before the case actually goes to trial, and that's exactly what happened to me.

In other words, as long as you can read dense texts and understand legal opinions, this is a great resource if you don't have a $200/hr lawyer.

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