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 […]
Below is our latest roundup of news, articles, and content related to NYC homeowners. First is an article from Yahoo Finance which talks about the housing market and what may be next for it. Second is a write-up about the Plus One ADU Program which provides grants to homeowners across New York State who add […]
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 […]
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 […]
By Daniel Akerman, Listing Specialist with the Queens & Manhattan Home Team at Keller Williams Realty. Need Help? Contact Dan at (646) 844-5770 Selling a home anywhere is a stressful process under the best of circumstances. A quick search on Google for “most stressful life events” will return page after page after page of results […]
By Daniel Akerman, Listing Specialist with the Manhattan Home Team at Keller Williams Realty Landmark II. One of the many closing costs that sellers and buyers may come across in the sale or purchase of a New York City co-op apartment is something called the “flip tax.” In this article we’ll take a quick look […]
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, […]
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. […]
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