Queens Real Estate Market Report: Q2 2022

Last Updated on July 25, 2022 Queens Real Estate Market Report 2022, courtesy of the Queens Home Team at Keller Williams Realty Landmark II. Have a question? Contact Us Data Source: https://www.queenshometeam.com/wp-content/uploads/2022/07/Queens-Real-Estate-Market-Report_Q2-2022.pdf Market Snapshot Happy Summer from QHT! Hopefully you’ve been enjoying the warm weather and sun filled activities. Here at QHT we’ve been enjoying […]

6 Common Transaction Issues from Contract-to-Close

There are six major issues in getting from contract to close in Queens NY. These are the “moments of truth that put transactions at the greatest risk. Knowing these is critical, but also knowing the certain ways in which they can go wrong is equally critical. Above all others, your agent and your real estate […]

Documents needed when Selling a Coop in Queens NY

If you’re thinking of selling a coop, you may be wondering what documents are needed and what you will have to have ready for your agent in preparation for the sale. You won’t need too many documents, but there are some things that you’ll want to start gathering in order to avoid any potential issues. […]

A Guide to FHA Home Repairs in Queens NY

FHA is a popular loan option for many Queens home buyers, however, it is important that the home meets their guidelines. HUD is looking to cover three main points in their inspections: 1. Safety Protect the health and safety of the occupants. 2. Livability Adequate floor plan, bath, kitchen facilities, etc. 3. Soundness Correct physical […]

Queens Real Estate Market Report: Q1 2022

Last Updated on April 23, 2022 Queens Real Estate Market Report 2022, courtesy of the Queens Home Team at Keller Williams Realty Landmark II. Have a question? Contact Us Data Source: https://www.queenshometeam.com/wp-content/uploads/2022/04/Queens-Real-Estate-Market-Report_Q1-2022.pdf Market Snapshot Happy Spring from QHT! Hopefully you’ve been enjoying the weather as it begins to warm up 🙂 Here at QHT headquarters […]

Can a Coop Board reject the sale of a Unit because the Price is too Low? 

Answer provided by Neil B. Garfinkel, REBNY Broker Counsel, Partner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP Answer: In many circumstances, a co-op board may reject a prospective purchaser because the price of the co-op apartment is too low. The By-Laws of most co-ops give the co-op board the right to withhold […]

Can an Executor of an Estate Sign a Listing Agreement Upon the Death of the Owner?

Answer provided by Neil B. Garfinkel, REBNY Broker Counsel, Partner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP. Answer: Yes, if the condominium owner passed away and has a Last Will and Testament (a “Will”), the executor should be able to sign the listing agreement (this also assumes that the condominium was […]