Mortgages

Mortgages

A mortgage broker’s role is to simplify the process of purchasing a home. There are an overwhelming number of loan programs available to home buyers. A good mortgage broker will search intently for the best mortgage program to suit a buyer’s needs. Ultimately, using a mortgage broker can be a smart money-saving move when purchasing a home.

Forest Hills Realty recommends MortgageDepot to help clients understand available loan programs and select the one that is right for them. MortgageDepot offers:

MortgageDepot provides professional service that is tailored to the client’s individual circumstances. They avoid a cookie-cutter approach with an extensive list of programs to choose from.

The professional staff at MortgageDepot treats each client like family. They welcome buyers’ questions and understand their role as a mortgage expert.

MortgageDepot can assist buyers in obtaining pre-approval for their mortgage. This essential piece of information will guide the home-buying process by telling the borrower how much money they may qualify for in their loan. MortgageDepot will guide buyers through this process painlessly, producing results that will point buyers in the direction of a loan that suits their needs.

It is easy to see why Forest Hills Realty recommends MortgageDepot as their first choice for a mortgage broker in this coveted Queens neighborhood.

Allow MortgageDepot to take the guesswork out of home-buying and get pre-approved for your ideal home!

Free Home Estimate

Selling a home can be a stressful transaction. Confidently pricing a home in an accurate range is an art that few people have perfected. A comparative market analysis and an appraisal are two tools that can demystify the process of home pricing. The difference between these tools is simple:

  • A competitive market analysis is a process that helps to determine what price a home could reasonably be sold at.
  • An appraisal determines how much money a lending agency is likely to loan to purchase a home.

Forest Hills Realty offers a free property appraisal to assist sellers in appropriately pricing their home. This valuable service will assist homeowners in evaluating their property correctly.

Conducting an appraisal prior to selling a property is an often overlooked step in the listing process.

There are several benefits to obtaining an appraisal prior to listing:

  • An appraisal ensures that the home is not priced too low, which could put the seller under financial strain.
  • An appraisal keeps the price in a fair range, attracting potential buyers.
  • Pricing a home fairly with the guidance of an appraisal reduces the time that a home spends on the market.
  • Information about the appraisal can be shared with potential buyers during showings or open houses, supporting the list price of the property and increasing the confidence of potential buyers.

Forest Hills Realty wants you to sell your home quickly and at a fair price. Take advantage of our free property appraisal service offered to sellers for evaluation purposes.

Contact us for your free property appraisal today!

Call us at (718) 997-6000 or email us today for any questions.

Looking To Buy

If you are looking to buy a home in Forest Hills, you are not alone. This popular Queens neighborhood is bustling with real estate activity. It is well-known as a respite for those who want to leave the hectic lifestyle of Manhattan behind. It is also a good compromise between urban and suburban life for people who are unsure which style suits them best. If you are investigating real estate in Forest Hills, choose Forest Hills Realty as your partner on your home-buying adventure.

Housing Options in Forest Hills

Buyers in Forest Hills will find homes in a variety of sizes, styles and price ranges. Throughout your home search, you will see options similar to the following:

Staying On Top of the Real Estate Game in Forest Hills

If you are considering purchasing a home in Forest Hills, it is critical to understand the dynamic nature of the real estate market in this community and approach your transaction with confidence. The professional agents at Forest Hills Realty possess the knowledge and resources you need to be a key player in the real estate market, making the most strategic moves that will lead you to your next home.
Obtaining a mortgage pre-approval is one of the smartest moves you can make when you are purchasing a home. A mortgage pre-approval is necessary in a hot real estate market such as Forest Hills, providing these benefits to the buyer:

  • A pre-approval indicates that the buyer is serious about their quest for a home.
  • A pre-approval creates seller confidence in the transaction.
  • A pre-approval simplifies later parts of the home-buying process.

At Forest Hills Realty, we are available to help our valued clients obtain mortgage pre-approval prior to starting their home search.

Contact Us Today!

At Forest Hills Realty, we think highly of this urban enclave where we live, work and play. We want to be your partner in your home-buying search, and your neighbor in the community! Contact us today to learn more about purchasing a home in Forest Hills!

Click here to see listings available in Forest Hills

Looking To Sell

Selling a home in Forest Hills

Forest Hills has made its way out of the shadows of more well-known neighborhoods in Queens, such as Kew Gardens and Rego Park. This up-and-coming community has a great deal to offer with outstanding schools, a wide-variety of convenient shopping, an international mix of dining options and reliable public transportation options. Now is the time for property owners who have been considering selling their homes to take advantage of rising home prices in the area. The real estate professionals at Forest Hills Realty know the local real estate market and can help sellers get the most for their homes.

Most sellers don’t know what their homes are worth

When the time comes to put a home on the market, too many sellers make the mistake listing it at a price based the offering prices of other homes being sold in the area. Simply because someone lists a home for sale at a particular price does not mean it will be sold at that price.

The trick to selling a home within a reasonable time without losing thousands of dollars is to know its market value in advance of listing it for sale. Setting the price of a home too far above its market value could leave it on the market for months with little or no interest from potential buyers. Pricing it too much below market value results in a quick sale, but the seller will eventually realize money was lost in the transaction.

Making the sale of your home a success

At Forest Hills Realty, we put our years of experience in the real estate industry to work to get our sellers the most money for their homes. We begin by doing a comparative market analysis at no cost to the seller. A CMA gives the homeowner the value of the property by comparing certain attributes to other properties recently sold in the local area. Properties are compared to each other using the following:

  • Square footage of the house
  • Number of rooms
  • Lot size
  • Types of utilities
  • Improvements and upgrades

We also provide our sellers with a free appraisal of the home. It is similar to the appraisal a buyer’s bank will do to determine the amount of financing it will approve.

Although an appraiser arrives at a home’s value by comparing it to other properties sold in the area in much the same way as a CMA, bank appraisers are conservative and the property value could be lower than the CMA. We make pricing easier by giving our sellers as much information as possible about market value.

Real estate professionals in touch with the local market

At Forest Hills Realty, homeowners rely upon us to provide superior service and trusted advice when the time comes to sell their homes. Call us today at (718) 997-6000 to speak with one of our agents.

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