Excel, REALTORS Blog

Lake Ontario Waterfront (over 300 feet) with Classic Lakefront Home for Sale

noreply@blogger.com (Excel, REALTORS®) — Mon, 17 Jun 2013 19:52:00 +0000

Classic Lake Ontario Waterfront Home for Sale with over 300 feet of Lake Ontario shoreline! Perfect summer home with a detached two car garage all set on over an acre of land. Rare opportunity to own this perfect summer residence. Listing details, More PHOTOS, and Map at Listing Details 108 Rainbow Shores. Listed by Excel, REALTORS® (315) 458-8121 X330.

Cicero NY Land for Sale (42+ Acres) with House and Pole Barn

noreply@blogger.com (Excel, REALTORS®) — Mon, 17 Jun 2013 19:41:00 +0000

Over 42 Acres of Land for Sale in Cicero, New York NY with House and Pole Barn. Perfect for horse farm, toys, hunting...More. The House has been totally redone to new construction level

as can be seen in this photo of the updated kitchen (note the hardwoods). The pole barn has power and poured floor and is perfect for storing toys, hobbies or just storage. For complete details, more photos, and map visit: Listing 7473 Bull Street-Cicero-NY. The property is located in the Town of Cicero and North Syracuse Central School District . Listed by Excel, REALTORS® (315) 458-8121 X329.

Home for Sale - 154 Verda Ave, North Syracuse, NY 13212

noreply@blogger.com (Excel, REALTORS®) — Fri, 24 May 2013 13:42:00 +0000

Home for Sale-154 Verda Ave.

North Syracuse (Town of Cicero) ranch home for sale. Located off Church Street in the North Syracuse-Cicero School District this ranch has been carefully updated and maintained. At $87,000 this home represents a great value. Property includes a fenced backyard and above ground pool. No Village taxes! For additional photos (14), listing details, and Map visit: Prop Details 154 Verda Avenue Listed by: Excel, REALTORS®, NYS Licensed Real Estate Broker (315) 458-8121.

Excel, REALTORS® Partners with PerksCard®

noreply@blogger.com (Excel, REALTORS®) — Mon, 06 May 2013 20:13:00 +0000

Excel, REALTORS® is proud to partner with PerksCard to offer employees of SUNY The State University of New York (SUNY ESF, Upstate Medical, OCC, CCC, and SUNY Oswego) exclusive discounts to sellers of residential properties and exclusive rebates to buyer clients of residential property. For details visit SUNY PerksCard® Program for details or email Excel, REALTORS® .

35 Acres For Sale-Zoned R10-With Utilities Available

noreply@blogger.com (Excel, REALTORS®) — Mon, 06 May 2013 16:26:00 +0000

Guy Young Road-Town of Cicero

35 Acres located on Guy Young Road across from the 2012 Parade of Homes site (Riverwalk Community). Previously approved subdivision (expired) for 39 building lots. Public utilities available including water, gas, electric, and sewer (in the Brewerton Sewer District). Zoned R-10. Reduced to $179,900 Motivated Seller!

Mortgage Rates Historically Low

noreply@blogger.com (Excel, REALTORS®) — Sat, 20 Apr 2013 12:49:00 +0000

Rates for a 30 year Mortgage are historically low...so low you have to ask yourself how much longer can this reasonably last? The high in 1984 was 13.88% to the current (2013 1st Quarter) of 3.50% is quite a distance. Many believe that the current rates are unsustainable and increases are inevitable. Click here to review the entire pdf: 30 Year Interest Rate Average. Chart was provided by Joe Proppe, NMLS #58327, Loan Originator with Prime Lending. You can contact Joe at 315.727.5872

Couple historically low interest rates, with increases in property sales, and a double digit drop in available listings and buyers could soon be facing significantly higher costs for purchasing a home.

If you are considering a home purchase there are still "deals" to be had however the deals come onto the market and scooped up very quickly. At Excel, REALTORS® our agents constantly monitor inventory as it comes on to ensure our buyers have the opportunities, when they are available. To receive the latest listings directly to you inbox visit CNY MLS Home Hunter.

All Excel, REALTORS® associates are Members of the Greater Syracuse Association of REALTORS® (GSAR).

Changes to NYS STAR Property Tax Exemption

noreply@blogger.com (Excel, REALTORS®) — Wed, 10 Apr 2013 21:28:00 +0000

As part of the budget that was passed last week by the New York State Legislature, homeowners will have to register annually with the NYS Department of Taxation and Finance to receive Basic STAR (School Tax Relief ) benefits by April 1, 2014. The program, funded by NYS, will cost the state coffers $2.7 billion in the current fiscal year. The changes do not effect the current years program. Starting in 2014, homeowners with an income of less than $500,000 may reapply for the exemption on the first $30,000 of the assessed value on their primary residence.

Currently homeowners, who meet the criteria, filed an application with the local tax assessor and once the exemption was granted it automatically renewed annually.

The changes are expected to cut down on fraud and abuse of the STAR Program. The most cited abuse ocurrs when a property owner receives STAR exemptions on both a primary residence and a second home. The Department of Taxation and Finance will also cross reference STAR applications with income tax data to ensure that the income threshold is being met.

In Onondaga County the amount of savings per property vary by town and school district but range from approximately $400 to $900 annually per home, depending on location.

Details regarding the implementation and details of the new regulations have not been released at this time. Local tax assessors where blindsided by the program changes and most municipalities are referring questions to the NYS Department of Taxation and Finance in Albany. It is expected that the Department will send notice at least two months prior to the deadline. STAR will become the only property exemption in which local assessors have no say.

Top 10 Remodeling Projects That Offer the Biggest Returns

noreply@blogger.com (Excel, REALTORS®) — Wed, 20 Feb 2013 22:27:00 +0000

If you are thinking of selling and are interested in what that remodeling project will return on your investment this article from the National Association of REALTORS® includes a link to the entire report that you can search geographically.

Top 10 Remodeling Projects That Offer the Biggest Returns

USDA Guarantee Rural Housing Program Available

noreply@blogger.com (Excel, REALTORS®) — Wed, 20 Feb 2013 15:06:00 +0000

Many areas of Onondaga County and Oswego County are eligible for this program. Eligible properties must be located in a rural area as defined by USDA Rural Development (parts of Baldwinsville, Cicero, Clay, and Radisson Community are eligible) and cannot produce income. To determine whether or not a particuliar property is eligible call an Excel REALTOR® or Joe Proppe, (Mortgage) Production Manager, NMLS: 58327 at Prime Lending (315) 727-5872.

USDA Loan Benefits include:

102% financing for first-time and repeating homebuyers.
30 Year fixed rate.
Self-employed income accepted.
No maximum loan amount
No reserve requirements
620 minimum FICO score.

For Sale Home Inventories Continue to Remain Tight

noreply@blogger.com (Excel, REALTORS®) — Mon, 18 Feb 2013 18:16:00 +0000

The inventory of for sale homes in the Greater Syracuse market continues to drop. Nationally inventory levels in 2012 reached an eleven year low. The trend continued into January of this year. Expectations are that February will be much the same.

In some cases we are seeing bidding wars for homes in the tightest price ranges. Many home owners have no idea how much their home maybe worth with the decreasing inventories. In some cases it may make financial sense to list your home now while interest rates are historically low, additional lending restrictions have not yet been implemented and buyer demand is high. As interest rates increase and lending regulations tighten some of the current buyers may not qualify and be forced out of the market.

Just Listed 1 Ball Road, Central Square, NY

noreply@blogger.com (Excel, REALTORS®) — Mon, 04 Feb 2013 19:03:00 +0000

3 Bedroom Home on over 15 Acres. $99,900 Details, Photos (25), Map at Property Info Located in the Town of Hastings and the Central Square School District Listed by: Excel, REALTORS (315) 458-8121 For Additional Information or Showing email blog@excelrealtorsny.com .