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
Capital Gains Tax on Co-op in NYC in 2024
When you sell a co-op in NYC, you are subject to federal and state capital gains tax. However, you may be able to exclude up to $500,000 of gains under the Section 121 home sale exclusion. This is provided you… Read MoreHow 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