What happens when a Queens Condo Board won’t Let you Close?

By Daniel Akerman, Listing Specialist with the Queens Home Team at Keller Williams Realty Landmark II.  Many people are familiar with the fact that in New York City many properties that are purchased are in co-ops, and they are aware of the unique powers that a co-op board has in approving or denying a purchase […]

Queens Real Estate Market Report: Q3 2023

Queens Real Estate Market Report: Q3 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/2023/10/Queens-Real-Estate-Market-Report_Q3-2023.pdf   Market Snapshot The third quarter of 2023 brought both challenges and opportunities to the Queens real estate market. Pricing in Queens remained competitive during Q3, with a quarter […]

Common Contingencies in a Queens NY Real Estate Contract

Contingency clauses that outline additional conditions that must be met before a sales contract is enforceable are often part of a sales contract. Both buyers and sellers can add contingencies to a contract. A contingency clause must include three pieces of information, including: The actions necessary to satisfy the contingency The time frame for addressing it […]

What is a Deed, Title, and Title Insurance?

What is a Deed? The deed is a legal document used to establish proof of ownership. It provides some assurance to the buyer that the seller has the right to sell the property. Usually a third party is hired to conduct a title search in an effort to uncover evidence that the title can be […]

Client, Customer, or Prospect, which one are you?

In the world of New York City real estate, there are specific terms used to categorize individuals involved in the buying or selling process: client, customer, and prospect. These terms may seem interchangeable at first glance, but they hold distinct meanings and implications within the industry. In this blog post, we will delve into the […]

What is an Escalation Clause (AKA Escalator Offer) and How does it Work?

In case you don’t know what this is, here’s the skinny: A buyer, hoping to beat out all other offers, will include an escalation clause in the offer that reads something like, “Buyer to beat all competing offers by $1,000 up to a price of $700,000. Seller to provide copies of competing offer to buyer […]

Queens Real Estate Market Report: Q2 2023

Queens Real Estate Market Report: Q2 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/2023/07/Queens-Real-Estate-Market-Report_Q2_2023.pdf Market Snapshot Welcome to the third quarter of the year. Now that Q2 is in the books, we are reflecting back to see what the current market trends are, […]

Unveiling the 5 Most Affordable Neighborhoods in Queens for Buying a 2 Family Home

Queens offers a plethora of opportunities for homeownership, even when it comes to purchasing a 2 family home. While the city is renowned for its vibrant and diverse neighborhoods, some areas stand out as particularly affordable for those seeking a two family property. In this blog post, we’ll explore the five cheapest neighborhoods in Queens, […]

Exploring the 5 Most Affordable Neighborhoods in Queens for Single-Family Homes

Finding an affordable single-family home in a bustling borough like Queens NY may seem like a daunting task. However, there are still hidden gems scattered throughout the borough that offer great value for potential homebuyers. In this blog post, we will take a closer look at the five cheapest neighborhoods in Queens for buying a […]