When you’re buying or selling a home in Queens, you might come across the term “seller concession.” What does it mean, and how can it impact your mortgage payment? If you’re selling, how can impact your sale and/or net profit? In this blog post, we’ll explore what sellers concessions are, how they work, and the […]
Courtesy of: Rafael Reyes, Originating Branch Manager at Cross Country Mortgage. Troubles in the banking sector in the US and Europe completely overwhelmed the economic reports in driving financial markets this week. Investors shifted to safer assets, and mortgage rates moved lower. The impacts of the largest bank failure in the US since the financial […]
As a Queens home seller, it’s understandable to want to get the most money possible for your property. However, some sellers fall into the trap of pricing their home higher than its market value to leave room for negotiations. While this strategy may seem like a good idea at first, pricing your home right from […]
As a Queens homeowner, it’s natural to want to know the estimated value of your property. Whether you’re looking to sell your home or just curious about its current value, there are several websites that can give you an instant home value estimate. While this is obviously not an accurate home valuation since it doesn’t […]
Choosing the right list price for your Manhattan property is a strategic choice that is equal parts art and science, and it involves a lot more than you might think.
We as real estate agents play a crucial role in determining the value of a property. While you can get an independent appraisal, check your Zestimate, or go off of your tax assessed value, it’s clear to us that the person who can provide the most accurate valuation of a property is a local/experienced Queens […]
Preparing your home for sale in Queens can be a daunting task, but with the right preparation, you can increase your chances of a quick and successful sale. Some homeowners wonder if they should stage, make major repairs, do renovations, vacate tenants, etc. There are a lot of variables so it’s good to get an […]
Selling your Manhattan property is generally a good thing, allowing you to move on and making you more profit!
It’s that time of year again – the time when the Federal Housing Finance Agency (FHFA) announces the new loan limits for conforming mortgages. This year, the FHFA has announced that the maximum loan limits for conforming mortgages will increase in 2023, due to rising home prices across the country. For those who may not […]
The 2022 real estate market saw some declining activity and prices in Manhattan. Will it continue in 2023?
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