News & Media

Who Pays the Shortfall and Debt Forgiveness in a Short Sale?

A short sale is a real estate transaction in which the homeowner sells their property for less than the outstanding mortgage balance. In a short sale, the lender agrees to accept less than the full amount owed on the mortgage. However, the question arises: who pays...

Navigating Short Sales: How a Short Sale Works with a Mortgage Lender

A short sale is a real estate transaction in which the homeowner sells their property for less than the outstanding mortgage balance. This can be a complex process, and it's important to understand how it works with a mortgage lender. In this article, we'll discuss...

Dealing with Assessment Appeals and Real Estate: What You Need to Know

Property assessment appeals can be a complex and intimidating process for homeowners. However, understanding the process and working with the right professionals can help ensure a successful outcome. In this article, we'll discuss some new and important information...
A Great Step-By-Step Guide to the Real Estate Short Sale Process

A Great Step-By-Step Guide to the Real Estate Short Sale Process

A short sale is where a lender agrees to sell a property at fair market value even if it has an outstanding mortgage. The lender will typically forgive any outstanding loan balance. This is not always possible. Short sales are often rejected. Short sales can...

4 Crucial Mistakes to Try To Avoid During A Property Appraisal

4 Crucial Mistakes to Try To Avoid During A Property Appraisal

In the real estate industry, an appraisal is essential. It is essential to establish the property's worth so that the buyer can buy it at a reasonable price. This blog will discuss specific errors that could impact the property valuation process. Information...

Essential Home Appraisal Questions Answered for Home Buyers

Essential Home Appraisal Questions Answered for Home Buyers

Although buying a house can be an exciting moment in your life, there are some steps that can create fear and uncertainty. This can also cause anxiety for sellers and real estate agents. This is the house valuation. This is because it is possible that...

4 Outstanding Ways To Find Out “How Much is Your House Worth?”

4 Outstanding Ways To Find Out “How Much is Your House Worth?”

It is vital that homeowners have an accurate understanding of the property's value, even if they don't plan to move anytime soon. It is vital to ask this question and then follow up with regular inspections for any changes in the property's value. There are many...

Excellent Tips On Choosing A Real Estate Appraiser

Excellent Tips On Choosing A Real Estate Appraiser

Real estate appraisers are available for homeowners, real estate companies, and mortgage companies. These appraisals are used to determine the mortgage loan amounts and the listing prices. According to the United States Department of Labor, real estate appraisers...

Amazing Home Appraisal Questions Answered for Home Buyers

Amazing Home Appraisal Questions Answered for Home Buyers

While purchasing a home should be an exciting time in your lives, fear or uncertainty can arise from one step of the home-buying process. Real estate agents and sellers can be scared by it. This is called the house appraisal. This is because the...

How to Go About Looking For a Good Brooklyn Real Estate Appraiser

How to Go About Looking For a Good Brooklyn Real Estate Appraiser

An appraiser of real property is an expert in real estate appraisals. Brooklyn appraisers may be needed for various reasons, such as home purchases, estate planning appraisals, and refinances. It doesn't matter what reason you have, it's important to hire the...

Great Characteristics of a Successful Brooklyn Real Estate Appraiser

Great Characteristics of a Successful Brooklyn Real Estate Appraiser

You're interested in being a Brooklyn real estate appraiser. How do you determine if you are a good fit to the appraisal profession? How do you succeed in this industry? These eight traits are what make a good real estate appraiser . You are likely to be a great...

How to Go About Getting the Right New York Real Estate Appraiser

How to Go About Getting the Right New York Real Estate Appraiser

It can be difficult to know what you should look for when looking for a real estate appraiser. Even if your experience is limited in property appraisals or working with properties, it's possible to make sure that you are choosing the right person by learning the...

Learn How to Select the Correct Real Estate Agent

Learn How to Select the Correct Real Estate Agent

Each home buying or selling experience is unique. Your needs, budget, preferences, and length of search will all change as the market changes. You want to find a real estate agent who is a match for your personality, who works well with you, and has dealt with sellers...

Ideal Ways To Picking The Right Real Estate Brokerage

Ideal Ways To Picking The Right Real Estate Brokerage

A good business decision is key to success in real estate. A broker must sponsor you in order to become a licensed real-estate salesperson. Although you may technically be working for yourself as a realtor, they cannot work independently. They must act on behalf of a...

Appraiser vs Real Estate Agent: Understanding the Difference

Appraiser vs Real Estate Agent: Understanding the Difference

A professional New York Real Estate Appraiser may be able to help you determine the true value of your home if you are trying to sell it or buy it. You can also have your property evaluated by a real estate agent. Both New York Real Estate Appraisers and real...

Critical Mistakes to Try To Avoid During A Property Appraisal

Critical Mistakes to Try To Avoid During A Property Appraisal

A property appraisal is crucial in the real estate market. It is used to assess the property's market value in order to allow the buyer to purchase it at a fair price. This blog will highlight specific mistakes that can affect the valuation process and...

Exactly How Accurate Are Real Estate Appraisals?

Exactly How Accurate Are Real Estate Appraisals?

Lenders require appraisals to be part of the loan application process. A lender can determine if a property's appraised value is equal to the amount of the mortgage that a borrower wants. Inexperienced New York Real Estate Appraisers can underestimate a home's...

Better Understanding Residential Real Estate Appraisals

Better Understanding Residential Real Estate Appraisals

You may have entered into an agreement recently to purchase a residential home or may have submitted a loan application to refinance. Lenders will need to get an appraisal from an impartial and objective appraiser. This appraisal can be used as the primary tool to...

Pivotal Ideas On How To Go About A Real Estate Home Appraisal

Pivotal Ideas On How To Go About A Real Estate Home Appraisal

You'll likely face a home appraisal contingency, regardless of whether you are buying or selling a house. You may feel anxious about the process. Knowing what to expect during a home assessment can help ease your fears. We're here to help you make your home...

Great Tips On Choosing The Right Brooklyn Real Estate Appraiser

Great Tips On Choosing The Right Brooklyn Real Estate Appraiser

Are you still able to recall when you invited friends and had your house cleaned? The 6-year old made a witch costume using the broom but it was lost in the town on Halloween night. Instead, you used a shovel. Or when you were digging a hole in the ground...

Outstanding Questions To Ask A New York Real Estate Appraiser

Outstanding Questions To Ask A New York Real Estate Appraiser

Many of today's "appraisal" problems are due to the quality of the appraiser hired. Are you experiencing an "appraisal failure?"Let us provide some insight, and twelve questions that will help to avoid your next mistake. Our point of view is that the largest banks do...

Vital Tips On How to Purchase a Short Sale Home

Vital Tips On How to Purchase a Short Sale Home

A short sale home can be a great way increase your home-buying budget. This can make the home-buying process even more difficult. This guide will help determine if it's worth your time to try a short-sale. What is a Short Sale? A short sale occurs when the...

Learn How To Deal With Appraisals In A Seller’s Market

Learn How To Deal With Appraisals In A Seller’s Market

Hot markets are characterized by buyers competing for homes. This increases the selling price. Although this is good news for sellers it does not mean that an appraisal will be completed. In an inflationary market, sometimes the comparable sales values of a...

Understanding What Is a Brooklyn Home Appraisal?

Understanding What Is a Brooklyn Home Appraisal?

A home appraisal is an important part of any transaction, whether you are applying for a mortgage to purchase a house, refinance your existing mortgage or sell your home to someone else than an all-cash buyer. You'll need to know how the appraiser works and what home...

Helpful and Useful Ideas for Hiring a Brooklyn Home Appraiser

Helpful and Useful Ideas for Hiring a Brooklyn Home Appraiser

If you're looking to sell your house, a home assessment is essential. You, the seller, will likely need a professional Brooklyn Real Estate Appraiser to provide impartial opinions based on the condition of your home and the price of comparable properties. So how do I...

Simple Ways to Help Prepare for a Home Appraisal

Simple Ways to Help Prepare for a Home Appraisal

Finding a buyer for your home is not the only step in selling it. Two important milestones must be met before you can close a deal: the home evaluation and the home appraisal. A home appraisal provides a market valuation of your home. Their primary job is to...

4 Ways To Find Out How Much Your House Is Worth

4 Ways To Find Out How Much Your House Is Worth

Homeowners should have an accurate idea of the value of their property, even if they don't plan to move anytime soon. It is important to ask the fundamental question "How much is my house worth?" as well as regularly checking on the value's changes (or lack...

Clearly Understanding What A Brooklyn Real Estate Appraiser Does

Clearly Understanding What A Brooklyn Real Estate Appraiser Does

Someone selling a house may have told you that an appraisal was required. You may need to pay for the appraisal, which can be very expensive. Maybe you don't need an appraisal. Is it really necessary to get an appraisal before you buy a house. The lender usually...

4 Pivotal Mistakes to Try To Avoid During Property Appraisal

4 Pivotal Mistakes to Try To Avoid During Property Appraisal

In the real estate industry, an appraisal is essential. This helps determine the property's worth so that the buyer can buy it at a reasonable price. This blog will discuss specific errors that could impact the property valuation process. Information...

Superb Tips On Properly Hiring A Brooklyn Real Estate Appraiser

Superb Tips On Properly Hiring A Brooklyn Real Estate Appraiser

What does a Brooklyn Real Estate Appraiser do? Brooklyn Real Estate Appraiser: This is a professional in the real-estate industry whose main job is to assess the property's value. A property appraiser's main task is to give an appraisal of a particular piece of...

Learn How and When to Hire a Brooklyn Real Estate Appraiser

Learn How and When to Hire a Brooklyn Real Estate Appraiser

What does a Brooklyn real-estate appraiser do? A real estate appraiser might be needed for many reasons if you own a home. Brooklyn Real Estate Appraisers can be used to buy and sell homes, when refinancing is required or when the property's value needs to be...

Vital Ideas to Help Maximize Your Home’s Value

Vital Ideas to Help Maximize Your Home’s Value

Your last chance to make sure your home is valued at its highest possible value is the home appraisal. This is particularly important because most offers you receive will depend on financing approval. The home appraisal will determine how smooth your home...

Excellent Home Appraisal Tips and How Are They Based

Excellent Home Appraisal Tips and How Are They Based

Are you ready for a home sale? Refinance your mortgage. You are ready to move. You have seen it firsthand. It's amazing. But does everyone else? It is crucial to have your house appraised before you sell it. An appraiser licensed by the...

Vital Reasons Why You Need A Brooklyn Real Estate Appraiser

Vital Reasons Why You Need A Brooklyn Real Estate Appraiser

Real estate investment can be exciting and terrifying. Although it can seem risky, experts who are appraisers/valuations experts can help investors make strategic choices and guide them through each step. Valuations and appraisals of property are two important...

4 Vital Tips to Make Your Offer the Winner On A Short Sale

4 Vital Tips to Make Your Offer the Winner On A Short Sale

A short sale is a great option to get a great deal on your house. Because the sellers are trying to avoid foreclosure, buyers may be able to buy a house with a lower market value. This might sound straightforward. You have the funds to purchase the house the...

Learn How to Be Fully Aware of Short Sale Real Estate

Learn How to Be Fully Aware of Short Sale Real Estate

A short sale sounds exciting, like buying designer jeans on the clearance rack. These pre-foreclosure listings could offer excellent investment opportunities. There are many things bargain-hunters and buyers who love these short sales. What's the...

Learn How to Properly Choose a Real Estate Broker

Learn How to Properly Choose a Real Estate Broker

You will need to select a real-estate broker as your first step in becoming a licensed real estate agent. It is possible to start the process of choosing a broker as soon as you can. In some states, you will need to be sponsored by a brokerage when you take your...

Great Tips On How to Discover the Ideal Real Estate Agent for You

Great Tips On How to Discover the Ideal Real Estate Agent for You

You can make smart decisions when purchasing or selling a home and avoid costly errors by hiring a professional realtor. However, not every agent is the right fit. Here are some tips to help you find the right realty agent for you. Real estate agent basics Before you...

Vital Tips On How to Choose a Real Estate Appraiser for Your Home

Vital Tips On How to Choose a Real Estate Appraiser for Your Home

An appraisal is necessary when you sell, buy, refinance, and/or remodel a property. An appraisal by a professional will help to value the property. While an appraiser does not have to be an inspector, they should be familiar with the property's general condition...

5 Pivotal Ideas For Properly Purchasing A Short Sale

5 Pivotal Ideas For Properly Purchasing A Short Sale

It is almost a universal association that the phrase "short sales" refers to great deals. This was true for 2008 as well. In 2008, this was the case. Buyers could make a great investment by purchasing short-term sales. Sometimes they could even get a house...

Understand How To Go About A Home Appraisal

Understand How To Go About A Home Appraisal

There will likely be a home appraisal contingency, regardless of whether you are buying or selling a house. You may feel anxious about the process. Knowing what to expect during a home assessment can help ease your fears. We're here to help you make your home...

Great Home Appraisal Tips and How Are They Based

Great Home Appraisal Tips and How Are They Based

Are you ready to sell your home? Refinance your mortgage. You're ready to move, save money, and get the best possible price for your home. It is a home you have experienced firsthand. It's amazing. But does everyone else? Before you sell your...

Critical Home Appraisal Questions Answered for Home Buyers

Critical Home Appraisal Questions Answered for Home Buyers

While purchasing a home should be an exciting time in your lives, fear or uncertainty can arise from one step of the home-buying process. Real estate agents and sellers can be scared by it. This is called the house appraisal. This is because the...

9 PivotalTips to Help Maximize Your Home’s Value

9 PivotalTips to Help Maximize Your Home’s Value

The home appraisal is your last chance to ensure your home is valued as highly as possible. This is especially important as most offers that you will get are dependent on the buyer being approved for financing. How smooth your home sale transition will be is...

Buyers Need To Be Aware of Short Sale Real Estate

Buyers Need To Be Aware of Short Sale Real Estate

A short sale is exciting-like getting the perfect pair of designer jeans on clearance. These listings may be great investments. These short sales offer bargain hunters and first-time buyers many benefits. What's a short sale? A short sale is possible if a homeowner...

Vital Reasons to Get A Home Appraisal, Other Than When Purchasing

Vital Reasons to Get A Home Appraisal, Other Than When Purchasing

An important part of selling or purchasing a home is the home appraisal. They give an objective and impartial appraisal of the property's market value. An appraiser is typically a licensed professional. An appraisal typically considers comparable sales...

Learn What A Real Estate Appraisal Actually Means

Learn What A Real Estate Appraisal Actually Means

After conducting research and having conversations, the realtor and seller will determine the price for a house. An appraiser will be required to verify that the property is actually worth the asking price once it has been signed. An appraisal is an essential step in...

Learning About Some Of The Primary Uses Of Real Estate Appraisals

Learning About Some Of The Primary Uses Of Real Estate Appraisals

It's a simple process when you buy real estate. You have found the house that you love, made an offer and it was accepted. A comprehensive appraisal of your property is required if you apply for a mortgage. An unfavorable appraisal could cause a real estate deal...

Learning How To Deal With Appraisals In A Seller’s Market

Learning How To Deal With Appraisals In A Seller’s Market

There is a lot of competition for homes in this hot market right now. This results in a higher sale price. This is great news for sellers but does not necessarily mean that the appraisal will be done. Sometimes, an inflationary market means that the...

Great Tips On How To Go About A Home Appraisal

Great Tips On How To Go About A Home Appraisal

A home valuation contingency is something you will most likely face, regardless of whether you are buying or selling a house. You may feel anxious about the process. Knowing what to expect during a home assessment can help ease your fears. We're here to help you...

Learn How to Hire the Best Brooklyn Real Estate Appraisers

Learn How to Hire the Best Brooklyn Real Estate Appraisers

You already have an approved panel of Brooklyn Real Estate Appraisers with active state certification licensing. It's probably not. You need to have the best appraisers performing the correct property appraisals in the right place. These three ideas will help you...

Tips On How To Not Pick The Wrong Brooklyn Real Estate Appraiser

Tips On How To Not Pick The Wrong Brooklyn Real Estate Appraiser

Do you still remember when you had guests over and you had to clean up the front porch? The 6-year-old made a witch costume with the broom, but it was forgotten about in town on Halloween night. Instead, you used a shovel. Or the time when you needed a spade...

7 Pivotal Tips for Short Sale Success

7 Pivotal Tips for Short Sale Success

If you owe more on your house than you own, and you have to sell it, you need every dollar. These are seven tips that will help you navigate short-sale markets. Recognize your responsibilities Any company holding a mortgage or lien must approve a short-sale. Your...

Tips On Learning What The Home Appraisal Is Based On

Tips On Learning What The Home Appraisal Is Based On

You will likely encounter a home valuation contingency whether you are selling or buying a house. Although the process is nerve-wracking, it's possible to relax by knowing what to expect from your home appraisal. We will help you make your home more valuable by...

Great Tips on Challenging a Low Real Estate Appraisal on Your Home

Great Tips on Challenging a Low Real Estate Appraisal on Your Home

The appraisal is one factor that will determine the price you can sell your home. Most banks won't lend enough money to buyers to buy homes priced at or near the appraised value. There isn't much room for you to raise your price. If the Brooklyn Real Estate...

A Few Things You Need To Know About Real Estate Home Appraisals

A Few Things You Need To Know About Real Estate Home Appraisals

Potential homes might be viewed as if they were yours. If the staging is excellent, this can be especially true. Some are more picky and won't accept certain characteristics. Home appraisals are an essential part of the sale process for any house. It...

Primary Benefits for Buyers and Sellers With Short Sales

Primary Benefits for Buyers and Sellers With Short Sales

Let's imagine you are looking to sell your house. The offer you receive is so low that it doesn't even cover what you owe to your lender for the balance of the mortgage. It is time for you to let go. This is called a short sale. This means that your...

Pivotal Tips To Properly Purchasing A Short Sale Home

Pivotal Tips To Properly Purchasing A Short Sale Home

Short sales homes may appear like bargains. You can compare prices as low as 40% with an appraisal. But you'll soon be overwhelmed by the paperwork and delays. If you're a good negotiator, you can get good deals. A short sale is a great way to get rid...

A Much Better Understanding Of A Short Sale

A Much Better Understanding Of A Short Sale

As a result, short sales will rise due to an increase in foreclosures rates. What is a short sale? A short sale means that your house is sold for less money than the balance of your mortgage. The proceeds are paid to the lender and the lender will forgive...

Learn How To Seek Out a Great Brooklyn Real Estate Appraiser

Learn How To Seek Out a Great Brooklyn Real Estate Appraiser

An appraiser of real property is an expert in real estate appraisals. Brooklyn appraisers may be needed for many reasons. These include home purchases, estate planning appraisals, and refinances. It doesn't matter what reason you have, it is crucial to hire the...

Knowing the Difference Between Appraised Value & Market Value

Knowing the Difference Between Appraised Value & Market Value

Are you curious about your home's market value and its appraised value? How might this affect a sale or purchase of your home? This is not a common problem as the market value of the same piece can differ from its appraised value. We have compiled a guide that...

Appraising Property: Learning How it Works and What to Know

Appraising Property: Learning How it Works and What to Know

An appraisal is an essential part of any mortgage application, refinance or sale. Appraisers are able to help you determine the value of your home and negotiate the best deal. A Brooklyn Real Estate Appraiser considers many factors when determining the value of a...

5 Real Estate Appraisal Topics Every Agent Should Know

5 Real Estate Appraisal Topics Every Agent Should Know

Appraisers are an essential part of the real-estate sales process. Agents must not only be familiar with the basics of the appraisal system, but also know how to communicate effectively with appraisers in today's market. Panelists shared their best practices for...

Understand How To Properly Increase Your Home Appraisal Value

Understand How To Properly Increase Your Home Appraisal Value

1. Create curb appeal. Your home should look beautiful. Paint your front door and trim. In the garden, install flower boxes and mulch. 2. You can stage both inside and out. Your space should be eye-catching. Polish the floors and paint the...

Critical Tips To Picking A Short Sale Agent in Brooklyn, NY

Critical Tips To Picking A Short Sale Agent in Brooklyn, NY

If you are looking to sell your house quickly, it is crucial that you choose the right agent. Agents will help you market your house and represent you before lenders. They may also be able to help you obtain approval for your short-term sale. These are some...

7 Pivotal Tips for Short Sale Success

7 Pivotal Tips for Short Sale Success

If you owe more on your house than you own, you need to sell it. These seven tips can help you navigate short-sale markets. Recognize your responsibilities A company with a mortgage lien or mortgage on your home must approve a quick sale. Your first, second and...

The Basics of Short Sales for Buyers and Sellers

The Basics of Short Sales for Buyers and Sellers

Many people lost homes in the 2008 housing crash. Although some homes were repossessed, those who were lucky were able to get out of the mess using a process called short selling. A Short Sale For Owners: The Essentials A short sale is when the price of the...

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