If you’re buying a home in Queens, getting your offer accepted is a huge milestone. In a competitive New York City market, it often takes time, patience, and strategy to get there. But here’s something many buyers don’t realize: an accepted offer is just the beginning of the process. Here in Queens there are a […]
If you’re thinking about buying or selling a home in Queens (or anywhere in NYC) it helps to understand the difference between a seller’s market and a buyer’s market. These terms get thrown around a lot in real estate conversations, but knowing exactly what they mean can give you a real edge. Before we jump […]
Author: George Herrera, Realtor and Co-Owner of the NY Home Teams at Keller Williams Realty Landmark II. If you’re thinking about buying a home in Queens, one of the first questions you probably have is: “How long is this actually going to take?” Short answer? Most residential (1-3 family) buyers in Queens take about 60 […]
If you’re buying or selling residential real estate in NY State or NYC and the sale price is $1 million or more, there’s an important tax rule to know: in addition to the standard real estate transfer tax, the state imposes a special 1 % “additional tax” often referred to as the mansion tax. This guide breaks down what […]
If you’re thinking about buying a home in Queens or anywhere in New York City, you’ve probably asked yourself: “Should I wait for mortgage rates to drop before I make a move?” It’s a common question — especially in a market as fast-moving and competitive as NYC. The truth is, there isn’t a one-size-fits-all answer. The decision […]
In the world of Queens real estate transactions, negotiations are paramount. Buyers and sellers often engage in a delicate dance to reach an agreement that satisfies both parties. One of the key terms you may encounter during these negotiations is a “concession.” But what exactly does it mean in the realm of real estate? A […]
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? 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 […]
If you’re in the market to buy or sell in Queens, then you may be wondering what documents you will need to fill out throughout the process, and what each document is actually used for. Below is a quick summary of common real estate documents in Queens and although it doesn’t cover every single document […]
Answer provided by Rafael Reyes, Originating Branch Manager at Cross Country Mortgage LLC. Do you want lower monthly payments now or do you want to pay off your home faster? That’s one of the primary questions to answer when deciding between a 30-year fixed mortgage or a 15-year fixed mortgage. 15-Year Mortgage You have 15 […]
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