JOHN N. POULOS, Shareholder and chair of the real estate group at Poulos LoPiccolo PC has been selected to the 2019 New Jersey Super Lawyers list. No more than five percent of the lawyers in the state are selected by Super Lawyers. Prior to John Poulos’ selection to the 2019 Super Lawyers, John Poulos was previously named as a Super Lawyers’ Rising Star in 2009 and 2010.

John is a licensed New Jersey and New York licensed attorney who has practiced

Some may think that climate change only affects future generations. However, climate change is already hitting the housing market. A recent podcast by NPR discusses the notion of scientists using Zillow data to predict the current impact of rising sea levels on the real estate market. A study conducted by the Union of Concerned Scientists found that residential and commercial properties across the country valued at nearly $140 billion in total are at risk from the effects of rising sea levels. Essentially, these properties may begin experiencing regular flooding due

Earth Day may only come once a year, however, it is important to care for the Earth everyday. This is the only planet we call home after all. Increasing our environmental awareness and reducing our carbon footprint is becoming even more prevalent these days, with many striving to bring eco-consciousness to our homes. There are many benefits to making your home more environmentally friendly. Poulos LoPiccolo’s real estate practice group would like to offer some simple, yet effective measures you can take in reducing your carbon footprint and making your

The weather is getting warmer, the days are getting longer, the sun is shining, the birds are chirping, and the flowers are in full bloom again. Spring is in the air. Now is the perfect opportunity to spring into action on some much needed home maintenance.

Your home most likely took a beating from the long, harsh winter, whether from frigid and icy temperatures, or winter storms and bomb cyclones. Certain areas of your home could be neglected or often go unused in the winter season.

Spring cleaning is not

Winter weather and storms can bring extreme cold, frigid temperatures, freezing rain, ice, snow, hail, and high winds and gusts. Knowing what to do in the event of a storm can make an immense difference in safety and resiliency.

It is equally important to prep and protect your home. From frozen pipes to ripped roofs, winter weather can wreak havoc on your home. According to Allstate, insured losses from winter storms reached a whopping $3.5 billion in the United States in 2015 alone, which is an increase from the $2.6 billion

Despite the currently thriving U.S. real estate market, it is still rather difficult for prospective homebuyers to build a home these days. The low housing supply yet high demand for homes has made homeownership unaffordable for many. Mortgage mogul Fannie Mae is seeking to change this.

Fannie Mae is taking an array of initiatives to address the lack of affordable homes, beginning with a pilot program that makes it easier to obtain a construction loan. Under the program, lenders would be able to sell their loans to Fannie Mae as soon

One would think that due to inflation, stagnant wages, the high cost of living in metropolitan areas, and the exorbitant price of obtaining a college degree these days, owning a home is simply out of the question for most Millennials.  However, according to Spencer Rascoff, CEO of Zillow, this is simply not the case.  In a recent podcast from Bloomberg titled Millennials Driving Housing Market, Spencer Rascoff noted that Millennials bought $500 billion in real estate within the past 12 months.  In fact, due to the limited supply of homes

On December 21, 2016, the law firms of Poulos LoPiccolo, P.C. [1305 South Roller Road, Ocean, New Jersey 07712; www.pllawfirm.com] and Nagel Rice, L.L.P. [103 Eisenhower Parkway, Roseland, New Jersey 07068; www.nagelrice.com] filed a class action lawsuit against Desa Industries, Inc., a New York based corporation, doing business as World Patent Marketing, headquartered in Miami Beach Florida (“WPM”), and W.P.M.’s Chief Executive Officer, Scott J. Cooper. You can review a copy of the Class Action Complaint and Jury Demand here.

WPM markets itself on the internet and through other marketing materials

How a CEMA Can Save You Thousands in Mortgage Taxes

What is a CEMA?

In New York State, refinancing a mortgage or purchasing a home triggers a mortgage tax. New York homeowners can reduce their tax liability with a Consolidation, Extension and Modification Agreement (“CEMA”). A CEMA consolidates the old, outstanding, mortgage debt and the new debt so you only pay taxes on the difference between the two loan amounts or what is called the “new money”.

When you enter into a CEMA with a lender, you agree to combine or consolidate the

• Appointed Co-Lead counsel in In Re: Electrolux Home Produces Ice Maker Cases, Master Docket 12:cv-003341-NLH-AMD.
• Co-Lead Counsel in Caruso v. Work Out World, MID-L-3112-13.
• Co-Lead Counsel in Ardino v. Retrofitness, et al., 14-cv-01567.
• Lead Counsel in Smerling v. Medispa of Shrewsbury, et al, Docket No. MID-L-6340-13.
• Co-Lead Counsel in Miller v. Chrysler Group, LLC, Civil Action No. 12-760-PGS-DEA.