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
How Long Does a an Appraisal Take?
The appraisal process is a crucial step in buying, selling, or refinancing a property. The home inspection portion of an appraisal typically takes between 30 minutes and 2 hours. However, the entire appraisal process can take three business days to… Read More
How can I Reset the Days on Market for a Listing in NYC
In New York City, a property listing must be off the market for 90 consecutive days for the “days on the market” count to reset, as per REBNY rules. Nevertheless, specific real estate platforms such as StreetEasy often reset the… Read More
Do Smaller NYC Condo Buildings Pay Lower Property Taxes?
Is it true that smaller condo buildings pay lower taxes? An interesting aspect of New York City’s current property tax system is that homeowners in condo and co-op buildings with ten or fewer units pay lower property taxes than unit… Read More