Consider Real Estate Investment Options with Eric Gonchar

Buying real estate is more than finding a place to call home. Investing in real estate has gained popularity from the last 50 years and people have started it considering a gainful investment vehicle. Though the real estate market has plenty of opportunities that can help you gain profits and make your investments profitable, but buying real estate is complicated than investing in stocks itself. Eric Gonchar– a reputed and experienced real estate law attorney having more than 26 years of experience in the field shares his expert advice to consider your investment options.

“There are a number of options to choose from when you plan of investing in real estate”, says Eric Gonchar. You may buy a property and rent it out to a tenant. As a landlord of the property, you will charge an amount of money called “rent” from the tenant and will be responsible for paying the taxes, mortgages, and maintaining the property. You may also charge more in order to generate monthly profits.

Eric Gonchar also recommends purchasing real estate property and selling when the rates are comparatively high. This is an also one of the gainful real estate investment but you need to spend maintenance costs on the property until it is sold. Last but not the least, another type of real estate investment is the commercial real estate. It is profitable type of investment which will help you gain long term benefits and profits. However, in that case also, you will need to spend maintenance costs on the property.



Law is a rich source of knowledge, which studies in depth legal history, philosophy, economic analysis and sociology.The Law also deals with the larger issue of equality, fairness and justice. Land law forms the foundation for most kinds of property law and is tremendously intricate. It concerns mortgages, rental agreements, licenses, covenants, statutory systems for land registration, to mention a few.

Therefore, most people and corporate tread with utmost caution when deciding on the law firm that will represent their interest in court. Mr. Eric Gonchar with over two decades of work experience in handling cases related to real estate law, combined with his impeccable reputation is quite an obvious choice. He has had the experience and privilege of representing big corporations, co- operatives, condominiums, banks, individuals, saving and loan associations, institutional lenders and borrowers in all formats of commercial and residential lending.

His effective advisory services are sought by co- operatives and condominiums, counseling them on the vast array of federal, state and city laws dealing with housing, on litigation laws covering the entire spectrum from conversion to construction issues. Assist in defending claims made by employees and prospective buyers, alteration disputes to the interpretation of governing documents. Legal position is also essential in cases of co-operatives and condominiums taking one or more mortgage loans and lines of credit both secured and unsecured. Finding appropriate solutions to their legal positions requires an agile mind with a fundamentally strong understanding of the complexities of law. This can be extremely challenging, involving several legalities and mammoth paperwork.

Mr. Gonchar is known to give his clients his undivided attention and the best of legal advice. The court room outcome speaks volumes of his knowledge and experience in solving the most complex of cases to the satisfaction of his clients. He takes immense pride in his work and that is quite evident from the fact that he explores all dimensions and aspects of the case before taking a legal stand.

The culmination of all the years of hard work and dedication to his work is in the acknowledgement he has received from the legal fraternity by being voted as one of New York’s “Super Lawyers”, and one of the city’s most accomplished transactional attorneys. His legal opinion is often quoted in the New York Times Real Estate Section, The New York Post and New York Magazines, as well as other trade papers.