The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

What is an Escalation Clause?

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

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

Negotiable Terms on a New Construction in NYC

When purchasing a new-development condo in NYC, you can negotiate various terms, including the purchase price, sponsor closing costs, traditional buyer closing costs, additional credits, unit alterations, freebies such as a storage cage, a Purchase CEMA to lower your Mortgage… Read More