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Real estate appraiser evaluating residential property

5 Appraisal Problems That Can Affect Your Mortgage Approval

Property appraisals can make or break your mortgage approval in New York City’s competitive real estate market. When buying a home, the appraisal process

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Commercial property appraisal agent inspecting a building exterior.

What Is A Commercial Property Appraisal?

A commercial property appraisal is a professional valuation that determines the market value of income-generating real estate properties including office buildings, retail spaces, multifamily

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Midtown Manhattan

Is Acris Only For NYC?

ACRIS is specifically designed for New York City property records, but it doesn’t cover all five boroughs. The system includes Manhattan, Queens, the Bronx,

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Man completing property tax payment paperwork

At What Age Do You Stop Paying Property Taxes In NYC?

There is no specific age at which you completely stop paying property taxes in NYC. However, homeowners aged 65 and older can qualify for

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Falling property prices trend in NYC

Are NYC Property Prices Dropping?

NYC property prices are not dropping significantly. The median asking price reached $1.1 million in May 2025, showing a 2.3% year-over-year increase, with modest

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Modern house with scenic mountain view

Is A House With A View Worth It?

A house with a view is typically worth the investment, according to professional real estate appraisers who regularly evaluate these premium properties. Properties with

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A stack of public property records.

What Are Public Property Records, And What Do They Include?

Public property records in New York are official government documents that contain comprehensive real estate information including deeds, liens, mortgage details, plat maps, and

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Appraiser conducting a home appraisal inspection.

What Not To Say During A Home Appraisal?

During a home appraisal, avoid these critical statements that can lower your property’s valuation: claiming your house is worth more than market data suggests,

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Aerial view of a residential area.

What Is A Zoning Analysis?

Zoning analysis is a professional assessment that examines how local zoning regulations apply to a specific property, determining what can be built, how large

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Inspecting building for accurate commercial appraisal

How Long Is A Commercial Appraisal Valid?

Commercial appraisals are typically valid for 6 months to 1 year, though this timeframe varies based on market conditions, lender requirements, and property changes.

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Home appraisal value comes in low

How Often Do Home Appraisals Come In Low?

Low home appraisals are relatively uncommon, occurring in fewer than 10% of real estate transactions, based on data from Fannie Mae. In fact, more

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Low appraisal complicates home sale contract

Can A Seller Back Out After A Low Home Appraisal?

When a home appraisal comes in below the contract price, sellers cannot simply cancel the purchase agreement without potential legal consequences. A signed purchase

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