What is an Escalation Clause in real estate in 2024?
An escalation clause is a provision in a real estate contract that allows buyers to make their offers more competitive when multiple offers are considered. This clause permits a buyer to automatically increase their offer price to outbid other potential… Read More
New York Vs. Sydney: A Comparative Look At Two Dynamic Real Estate Markets
New York and Sydney are leading global real estate markets, offering distinct opportunities and challenges. As of mid-2024, New York’s median home sale price reached approximately $850,000, a 6.3% increase from the previous year. The city’s market is driven by… Read More
Best Online Home Appraisal Tools in 2024
Online home appraisals can give homeowners and buyers a basic understanding of a property’s value. However, it is advisable to engage a professional appraiser for more precise and legally recognized appraisals, particularly for financing or selling purposes. Let’s go over… Read More
How much a Home Appraisal cost in NYC?
The average home appraisal cost is $450, but prices can vary significantly due to the different sizes and types of houses. An appraisal for a smaller home in a rural area might cost around $300, while one for a property… Read More