On September 22, 2023, Governor Hochul signed into law an amendment to the Property Condition Disclosure Act (PCDA), affecting sellers’ property disclosure obligations regarding the sale of 1-4 family residential real estate properties in New York. As of March 20, 2024, home sellers must now provide purchasers with a completed property disclosure in accordance with […]
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 […]
In the realm of Queens real estate, the process of listing a property is a pivotal step for homeowners looking to sell their homes. One of the common questions that arises is whether all owners of a property must sign the listing agreement. The answer to this question lies in various factors that are crucial […]
Selling a house in Queens, New York involves various costs that homeowners need to consider. Understanding these expenses is crucial for accurate financial planning and to ensure a smooth and successful property sale. Here’s a breakdown of the costs associated with selling a house in Queens. NYC Transfer Tax The New York City Transfer Tax […]
Selling a home in Queens can be a stressful and emotional process, especially when potential buyers make low ball offers. A low ball offer is an offer significantly lower than the asking price, which can be frustrating for homeowners who are looking to sell their property at a fair price. However, it is important for […]
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 […]
Selling a house in Queens can be both an exciting and nerve-wracking experience. Among the many decisions you’ll need to make is whether to enlist the help of a local Queens real estate agent or go the DIY route and sell your home without professional representation. While saving money is a tempting proposition, it’s essential […]
Pricing a home correctly is a critical factor in the success of a real estate transaction. In the Queens market, there are common misconceptions among home sellers regarding pricing strategies. This blog post aims to shed light on these misconceptions and emphasize the significance of pricing a property at or around its market value. 1. […]
Selling a home in Queens can be an exciting yet challenging process. One of the crucial aspects of successfully attracting potential Queens Home buyers is ensuring that your home is presented in its best light during showings. The impression your home makes on prospective buyers can significantly impact their decision-making. To help you prepare, we’ve […]
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 […]
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