Common Bank Required Repairs when Selling a Home to an FHA Buyer in Queens

When selling a home in Queens to a buyer who is obtaining an FHA mortgage, there are certain repairs that the bank may require to ensure the property meets the minimum property standards set by the FHA (Federal Housing Administration). These repairs are designed to protect the buyer’s investment and minimize potential risks. In this […]

Queens Real Estate Market Report: Q1 2023

Queens Real Estate Market Report: Q1 2023, courtesy of the Queens Home Team at Keller Williams Realty Landmark II. Need Help? Contact Us Data Source: https://www.queenshometeam.com/wp-content/uploads/2023/05/Queens-Real-Estate-Market-Report_Q1-2023.pdf Market Snapshot Happy Spring from QHT! The first quarter of the year is in the books and we have some interesting data to dive into. If you live in […]

How should you Respond to Low Ball Offers when Selling a Home in Queens?

Selling a home in Queens can be an emotional and stressful experience, especially when it comes to negotiating offers from potential buyers. One situation that Queens homeowners may face is receiving a low ball offer on their property. A low ball offer is an offer that is significantly lower than the asking price, and can […]

NYC Homeowner Insights: APR 2023

Hi all, QHT here with your monthly roundup of articles and information related specifically to NYC Homeowners. Take a look and let us know if you have any questions 🙂 Con Ed Bills may be going up Soon  Under a preliminary agreement between the state Department of Public Service, Con Ed and other stakeholders, the […]

How Long is a Typical Listing Agreement in Queens NY?

When selling a property in Queens, many homeowners choose to work with a local real estate agent to help them navigate the process. One of the key documents involved in this relationship is the listing agreement, which outlines the terms of the agent’s services and the agreement between the homeowner and the agent/brokerage. One question […]

Selling a Home in NYC

Selling a house in NYC can be a daunting task, especially in a competitive market like New York City. However, with the right approach and a little bit of knowledge, you can definitely maximize the value of your home and get it sold in a reasonable amount of time. First and foremost, it’s important to […]

NYC Homeowner Insights: MAR 2023

The New Interborough Express + NYC Borough Presidents are ready to Build + NYC’s Prohibited Buildings List Banning Short Term Rentals goes Live + 6 NYC Market Factors to consider for Out of Town Owners The New Interborough Express Have you heard of the Interborough Express yet? In short, it’s a large transit project that […]

NYC Homebuyer Insights: MAR 2023

Is Now a Good Time to Buy or Sell a Home? + Mortgage Insurance Premiums on FHA Loans reduced by 30 Basis Points + Guide for First Time Homebuyers in NY Is Now a Good Time to Buy or Sell a Home?  If you’ve been thinking about whether or not you should buy a property […]

Coop Selling Advice from an Experienced Queens Real Estate Attorney

Article courtesy of Rosemarie Ashbahian, Esq., DeRose & Surico, 213-44 38th Ave, Bayside, NY 11361, P: (718) 279-2000, E: rha@deroseandsurico.com Selling a cooperative apartment can be a lengthy and complicated process. With the real estate market constantly changing, it is important to have all your documents to ensure a smooth and successful transaction. When preparing […]