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, 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 […]
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 […]
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 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 […]
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 […]
When you’re buying or selling a home in Queens, you might come across the term “seller concession.” What does it mean, and how can it impact your mortgage payment? If you’re selling, how can impact your sale and/or net profit? In this blog post, we’ll explore what sellers concessions are, how they work, and the […]
Courtesy of: Rafael Reyes, Originating Branch Manager at Cross Country Mortgage. Troubles in the banking sector in the US and Europe completely overwhelmed the economic reports in driving financial markets this week. Investors shifted to safer assets, and mortgage rates moved lower. The impacts of the largest bank failure in the US since the financial […]
As a Queens home seller, it’s understandable to want to get the most money possible for your property. However, some sellers fall into the trap of pricing their home higher than its market value to leave room for negotiations. While this strategy may seem like a good idea at first, pricing your home right from […]
As a Queens homeowner, it’s natural to want to know the estimated value of your property. Whether you’re looking to sell your home or just curious about its current value, there are several websites that can give you an instant home value estimate. While this is obviously not an accurate home valuation since it doesn’t […]
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