What is a Binder?

Hi everyoneđź‘‹, today we are covering another common real-estate term that you’ll come across here in Queens. Whether you are a home buyer or seller, you will likely come across this term. The term we are referencing is a “Binder“ or Sales Agreement. If you’re looking to buy a property, once you start looking at […]

What the CARES Act means for you and your Loved Ones

Hi everyoneđź‘‹, as you all know the government recently approved a $2.2 trillion relief bill to help aid with the effects of COVID-19 on our economy. The relief bill is called the CARES (Coronavirus Aid, Relief and Economic Security) Act and will help millions of people in this critical time.  This sweeping legislation is unprecedented […]

When does the Home Inspection take place in Queens NYC?

Today we’re answering a question that we get on occasion from Queens home buyers and sellers, especially when this is their first time buying or selling a property in NY. The question we’re talking about is, “When does the home inspection happen here in Queens?”. So when does the inspection happen here in Queens? First […]

What does an Accepted Offer mean in Queens NY?

Today we wanted to touch on something that we hear a lot of, and sometimes buyers and sellers are not one hundred percent clear on what this term actually means. So, here we will break it down and give you an idea so that you understand exactly what this term means here in in Queens. […]

How to Value Commercial Properties in Queens NY

Appraisal Income Approach In the appraisal world, the income approach, sometimes called the capitalization approach, is one of the most widely used approaches to determine value for income producing or investment properties. The income approach is relevant for appraisal assignments in which the subject property is leased, or could be reasonable leased, producing an income stream for […]