House4Sale Long Island NY

Holtsville NY Real Estate

2008-09-19T16:26:45-04:00

Holtsville NY Available Home For Sale as of September 19th 2008

70 Homes available ranging in price form $239,900 to $898,876

Holtsville NY Condos Available for sale as of September 19th 2008

11 Condos available for sale ranging in price form $154,500 to $380,000

Holtsville NY Co-ops for Sale as of September 19th 2008

13 Co-ops for Sale ranging in Price from $139,990 to $279,990

Holtsville NY Homes Closed as of Jan 1st 2008 to September 19th 2008

45 Homes Closed ranging in price from $165,000 to $813,000

Holtsville NY Condos Closed as of Jan 1st 2008 to September 18th 2008

8 Condos closed ranging in price from $230,000 to $300,000

Holtsville NY Co-ops Closed as of Jan 1st 2008 to September 18th 2008

16 Co-ops closed ranging in price from $120,000 to $270,000

Holtsville NY Homes Currently Under Contract as of September 19th 2008

17 Homes are Currently under contract ranging in price from $204,990 to $799,900

Holtsville NY Condos Currently Under Contract as of September 19th 2008

4 Condos are Currently Under Contract Ranging in price from $259,900 to $319,000

Holtsville NY Co-ops Currently Under Contract as of September 19th 2008

7 Co-ops are Currently Under Contract Ranging in price from $129,990 to $289,990

Holtsville NY School District is Sachem School District. For More Information or to view homes or condos/co-ops for sale in Holtsville NY Please go to www.LongislandHomeLink.com or www.HSE4Sale.com

**All Information was provided from Multiple Listing Service of Long Island**

Farmingville NY Real Estate

2008-09-19T15:44:50-04:00

Farmingville NY Homes Available as of September 19th 2008

125 Available Homes ranging in Price from $189,900 to $895,000

Farmingville NY Homes Closed Sales as of Jan. 1st 2008 till September 19th 2008

70 Homes Sold ranging in Price from $162,000 to $595,000

Farmingville NY Homes Currently Under Contract as of September 19th 2008

24 Homes Are Currently Under Contract for Sale In Farmingville NY ranging in price from $195,000 to $585,000

Farmingville NY School District is Sachem School District. For More Information or to view homes for sale in Farmingville NY Please go to www.LongislandHomeLink.com or www.HSE4Sale.com

**All Information was provided from Multiple Listing Service of Long Island**

Has the Market Changed Enough For Me To Buy A Home?

2008-09-02T13:00:19-04:00

This is a great time to buy a home! There is a great selection of homes to choose from, sellers are typically willing to negotiate and current market interest rates are close to historic lows. Sellers may be selling because of a divorce, job relocation, or they simply cannot afford their mortgage. Finding these highly motivated sellers gives buyers negotiating leverage they don’t normally have. In a buyer’s market, sellers & builders are willing to offer incentives to entice buyers. Based on media headlines (written to sell newspapers), many buyers are sitting on the sidelines, thinking that prices will go a lot lower. While this may occur in regions where investor speculation ran wild (like Las Vegas,and Miami), statistics show that home prices in Nassau County Long Island NY and Suffolk County Long Island NY have actually been stable for the past 6 months. Especially in a slow economy, the best long term investment may be home ownership.

You know it is almost impossible to time the bottom of any market. Yes home prices may decline a little, but any increase in interest rates may eliminate and increase the true price of the home. Interest rates are expected to rise, and I have seen rates jump as much as 1% in a month’s time. When the market knows rates will be going up, they move up allot and quickly. An increase of .75% in rate on a $350,000 mortgage is equivalent to paying an additional $22,000 for that home.

Contact Mortgage Guru Peter Marino @ 516-982-9653 mailto: petermarino@greenstreetfinancial.com www.greenstreetfinancial.com

Blue Ridge Condominiums Medford NY

2008-06-25T16:18:33-04:00

Resort Style Condo Living at it's Finest

Blue Ridge Condos ,Medford NY Located in Close Proximity to the LIE right off North Ocean Avenue (Route 83) and East on Granny road a Stone's Throw away from Route 112

Over Eight Hundred Units in this Grand Development with Clubhouse, Indoor & Outdoor Pools , Gym, Billiards Room, 9 Hole Golf Course, Bocce' Courts, Tennis Courts.

There is a Variety of Style Units in this Development Upper & Lower Blairs One Level Units with one Bedroom and one Bath.

Adams Unit a ranch Style Unit with a variation of Two bedrooms or one bedroom with Dining Area and One full Bath.

A Forester Ranch Style Unit the largest of the Ranches with 2 Bedrooms and One Full and One Half bath

A Carlton Unit a Two Level unit with 2 Bedrooms and one Full on Second Floor and One Half Bath On Main level

A Eaton Unit a Two Level Unit with 3 Bedrooms and One full on Second Level and One Half Bath on Main Level.

A Edgewood Model the Largest Model in Development A corner Unit with 3 bedrooms and One full bath on second Floor and a Half bath on the Main Level has Den and Some Units do have Fireplaces.

At the Present Moment there are 28 Units up For Sale in Blue Ridge Condos. MLS Information as of 6/25/2008

5 Blairs Ranging In Price from $199,000 to $239,000
4 Adams Units Ranging In Price from $189,990 to $249,000
4 Forester Units Ranging in Price from $239,000 to $257,500
12 Eaton Units ranging in Price from $239,999 to $299,000
3 Edgewood Units ranging in Price from $289,995 to $315,000

As of 1/1/2008 there have been 22 Closed Units in Blue Ridge Condos. All information provided from MLS Records

2 Blair Units Ranging in Closed Price of a Low of $195,000 to A high of $198,000
4 Adams Units Ranging in Closed Price of a Low of $210,000 to a high of $215,000
4 Forester Units Ranging in Closed Price of a low of $200,000 to a High of $255,000
5 Carlton Units Ranging in Closed Price of a Low of $225,000 to a High of $254,900
5 Eaton Units Ranging In Closed Price of a Low of $200,000 to a High of $321,000
2 Edgewood Units Ranging in Closed Price of a Low of $210,000 to a high of $257,500

A great Development with a Great Amount of Amenities for further information or if you would like to see any of the available units please don't hesitate to call or email. www.Hse4sale.com or www.LongIslandHomeLink.com Dov Silberman Broker/Owner e-PRO RE/MAX Platinum 631-967-4000 or Cell at 631-561-8237 Drop me a line if you Have Experienced this Development as well. Happy Selling & Buying !! Dov

Is A home Inspection a Smart Investment When Purchasing a Home On Long Island?

2008-06-11T22:59:45-04:00

Why a home inspection is a smart investment here on Long Island, NY

Whether this is your first time buying a home or you have bought and sold many homes, HouseMaster recommends you obtain a professional home inspection to take advantage of these benefits:

Find out what type of systems and components exist in your new home.
Determine the condition of the systems and major components of the home.
Understand how the systems and structural components of your new home function.
Learn how to maintain your new home to improve the enjoyment and value of your home.

Important tips when arranging a home inspection on Long Island

Make sure the utilities are turned on in vacant homes. Some home inspectors charge an additional fee to come back to the home.

When buying a home, you will want to order a home inspection soon after your purchase offer has been accepted and before contract.

Many of the real estate contracts allow a limited number of days to complete a home inspection (and then to request repairs, or cancel the contract if needed).

Inspect the inspector.

There is no one background that fully trains an individual for all the different conditions that may exist in a home. NYS licensing exists as of 2006, but does not require any Errors and Omissions insurance. Regardless of their technical background or licensing, all home inspectors should be formally trained/certified to perform a home inspection by an organization such as the National Institute of Building Inspectors (NIBI®)*, thus insuring their knowledge of the home inspection and home buying process. Choose a home inspector who has earned credentials for competence and professionalism. Make sure the inspector you select has access to on-going technical support and offers you post-inspection advice if needed. To properly evaluate a home a professional inspector must be able to operate the systems, thus requiring the utilities to be on.

Accompany the inspector during the home inspection.

This is your opportunity to gain knowledge of major systems, appliances and fixtures, learn maintenance tips, better understand the items that will be outlined in the computer report, and ask questions of the inspector.

Information Provided By Matt Kaplan From Housemaster Home Inspection Long Island

Matt Can be reached at 1-800-805-1122 or View More Information at www.longisland.housemaster.com

What Do You think? Was this Information helpful Let me Know Thanks And Happy Selling!

Short Sales Dispelling The Myths

2008-06-10T13:09:06-04:00

It is the “buzz” phrase in the Long Island real estate industry. We have been utterly bombarded with countless news broadcasts, articles, and financial reports regarding a housing market and mortgage industry in crisis. There have been both real and perceived effects on homeowners, lenders, and real estate professionals alike. A rise in the number of “short sales” is but one.

What exactly is a “short sale?” How does it work and to whom is it available? Unfortunately, like any “buzz”, misinformation and misconceptions continue to circulate

A “short sale” is an agreement between a homeowner and a mortgage lender whereby the lender agrees to accept less than what is currently owed in satisfaction of the mortgage debt. Sometimes called a “discounted payoff”, a “short sale” offers an alternative to homeowners who wish to sell their home, but would otherwise be unable to do so because their mortgage indebtedness exceeds their home’s current value.

During the recent housing “boom”, many homeowners have purchased properties for little or no money down and received mortgages that were fixed only for a period a time. These mortgages are now converting to adjustable rate loans and many homeowners are now, or will soon be, faced with an increased mortgage payment; one which they may be unable to afford. Yet, due to the current mortgage and housing trends, homeowners may now be unable to re-finance or sell their home for what is owed.

Many homeowners have avoided the embarrassment, long term credit impact, and loss of dignity inherent in losing their home in foreclosure by negotiating “short sale” payoffs.

A “short sale”, however, is not available to every homeowner. Lenders are not in the business of losing money! Lenders will only accept an offer of a “short sale” if the homeowner can demonstrate a verifiable financial hardship and it makes sound business sense for the lender to do so.

When will it make sound business sense for a lender to accept a “short sale”? When it is presented with a compelling disclosure of the homeowner’s financial status, the property’s current market value, and its projected future value, all supporting the conclusion that, when compared to a foreclosure proceeding, a “short sale” satisfaction would minimize the lender’s loss.

A “short sale” is not, by any means, a simple request for a discounted satisfaction. Nor is it a foregone conclusion that a lender will accept a “short sale”. It is oftentimes a daunting and cumbersome task to compile a comprehensive “short sale” application package and invest the necessary “follow up” to ensure a lender’s review.

Most loss mitigation departments are currently inundated with an unprecedented number of “short sale” requests; a number which they are unequipped to service. It is up to the presenter to get the application package before a workout specialist authorized to render a decision on the “short sale” offer (not an easy task).

Who should present the offer of “short sale” to the lender? If authorized by the homeowner, realtors, attorneys, or any third party can present the “short sale” offer on behalf of the homeowner. Of course, the homeowner can even present it themselves. However, it should be discussed, understood, and agreed that the party assuming the responsibility to do so possesses sufficient experience in navigating the myriad of lender requirements and will invest the requisite amount of time, energy, and follow up necessary to consummate the “short sale”.

Information Provided By Michael Ferruggia Esq.

Michael A. Ferruggia, Esq. received his Juris Doctor degree from Touro College Jacob D. Fuchsberg Law Center in 1993. He attained National recognition and was awarded the Mead Data Lexis Award for his publication Balancing the Interests of National Security and Free Speech, 4 Touro J. Transnat'l L. 217 (Spring 1993). Mr. Ferruggia commenced his specialization in real estate litigation as an associate attorney in Garden City, New York, aggressively engaged in all stages of mortgage foreclosure and eviction litigation. In 1995, Mr. Ferruggia accepted the opportunity to head and establish a lending department at a general practice firm in Hauppauge, New York. He succeeded in establishing one of the largest banking and real estate practices in Suffolk County, providing unsurpassed efficiency and cost-effective legal representation to a wide array of institutional and private clientèle. In 2002, Mr. Ferruggia founded the general practice partnership of Ferruggia & Calisto, LLP in Hauppauge, New York. He conducts public lectures and industry training for real estate professionals on all aspects of real property law, real estate transactions, and current market trends. He is admitted to practice in New York and Pennsylvania.

To reach Michael Please Call 631-232-0030 or View His Website at www.FandCLawyers.com

Staging Your Home For a Quick Sale?

2008-06-09T23:49:30-04:00

Remember the last time you visited a new home development? How did you feel touring the model? Usually, pleasant memories come to mind about how well the home looked. That’s because it was "showcased" properly.

You can do the same thing when you prepare your own home for sale.

Home showcasing is not about remodeling, fixing up or making your home look sterile. Instead, it focuses on amazingly simple steps to make your home show like a model without spending a lot of money. The secret is setting the stage, which helps potential buyers imagine themselves and their families at home in your "home for sale."

Strip Down And Build Up

The first step is to clear the set. Take out extraneous furniture, decorations, pictures, etc. Take each room down to its most basic form, opening up the living space as much as possible. Then build it back up to the way you want it to look, as simply as possible, and without clutter.

Make the strip-down process simpler by stowing packed boxes in a staging area like the garage, or by renting a storage space to hold extra furnishings while your home is on the market. In essence, pack up early.

Props

When building the set, try to make each room tell a story. Help potential buyers see themselves in each room. A clever arrangement of props will make it easy for buyers to imagine writing a letter at the desk in the kitchen, clicking on the television and enjoying a bowl of popcorn, turning on the stove and preparing a holiday repast.

Themes for a room can help you narrow down how to display it. You can, of course, stage the room as you use it now, or choose a particular motif, i.e. Southwestern, country style, international. Or you could pick an activity to illustrate on your stage, i.e., relaxed office or library, gourmet cooking, resort or vacation living. What would you like to do in that room? Place the props needed for those activities throughout the room.

Lighting

Lots of lights open up a room and gives it a larger appearance. If you’ve been using 50 watt bulbs, move up to 100 watts. If a large living room has only one lamp, move in another. Open curtains. Add mirrors. When it’s being shown, the home should be bright. Brightness gives a showy feel. And your home is now center stage!

Do Your Homework

Ask what buyers are looking for in your community. What are they saying about the homes they don’t buy? And what is it about the homes that are selling that makes them so popular? By determining your ideal target buyer, you will better understand how to merchandise your home. Our experience in your specific neighborhood can help you answer all these questions and more.

Aroma Therapy

Almost as important as how a home looks is how it smells. Ask a close friend to walk through your home -- objectively -- and take a whiff here and there. Are there any offensive odors? Is it too perfumy? Too drab? Stale? Musty? Are there pet odors (which should be fixed -- not covered up!)? What can you do to impress potential buyers with aroma therapy?

When it comes time to sell your home, you’ll want to work with a real estate professional who knows all aspects of the selling process -- including showcasing. Call us today to talk about how we can help you display your home to sell for the best possible price!

For More information Call Dov Silberman at (631)-561-8237 or View More information On Any of My Websites at www.HSE4SALE.com or www.RealEstateLongIsland.info or www.LongIslandHomeLink.com And Good Selling!!

Should I give A Selling Bonus to the Selling Agent?

2008-06-08T19:00:39-04:00

After years of Selling Real Estate First in Brooklyn and now on Long Island there is always A cycle in Real Estate when we as agents start seeing home owners give some interesting incentives. This past Monday there was an interesting article in Newsday about Agent incentives to sell a Home. In the Past I Have seen incentives like Help with Closing Costs to the Buyer, A Selling Bonus to an Agent for a Certain Time Frame , Trips to Vacation destinations, as well as Flat Screen TV Give aways. Bottom Line does it Help? Sometimes but more often than Not the bottom line falls on the actual listing Price. Real Estate's Age old adage is "Location, Location, Location". In a Real Estate Market where competition is not only form traditional Home sales but also from Foreclosed, Short Sale( Pre-Foreclosure) & REO (Bank Owned Real Estate). The New Motto is "Price, Price, Price". Statistics Show that a Home Price Effectively in this Market will still sell in a more rapid time frame than the home overpriced and with gradual reductions. For More tips on Selling a home in Today's Market please View any one of my websites at www.LongIslandHomeLink.com or www.HSE4SALE.com or my General Real Estate Tips Site at www.RealEstateLongIsland.info . Let Me know what you think. Regards Dov

Surplus Of Available Homes On Long Island NY

2008-06-04T18:27:04-04:00

Current Long Island Board of Realtors Statistics as of June 4 2008 . The Total amount of Real Estate Offices Equals 2217. There is Currently a total of 42,258 Lisitings Broken Down is 31,688 Residential Homes-6,128 Condos For Sale-1,237 Available Parcels Of Land and 3,205 Commercial Listings( Business, Stores, Commerical Zoned Land). What does it all mean for Today's Long Island NY Home Owner Looking to Sell His/Her Home Bottom Line it is a Price Driven Market with Home Owners Competing with REO ( Bank Owned Real Estate or Real Estate owned Properties) As well as Short Sales ( Pre Forclosure Homes where the home mortgage owed is more than actual present day value and bank is willing to accept a loss on the sale of this Home). Patience becomes a large part of the overall market as well when homeowners are competing with the Current Market Conditions.

The Road to A Short Sale of a Home on Long Island is a long one if you are in need of assitance please don't hesitate to call or email. View more Information at www.HSE4SALE.com or www.LongIslandHomeLink.com or for general Real Estate Information please log into www.relaestatelongisland.info

12 17th Ave Ronkonkoma NY 11779

2008-06-01T23:53:30-04:00

Spacious Colonial, Near Lie And Lirr, Newer Roof, Hw Floors, Ceramic Tiled Eik W/Wood Cabinets, Den Has Slider To Large Patio/Yard. New Paver Driveway And Porch, New Pvc Fence. Anderson Windows.Finished Part Bsment W/F.Bth(To Be Completed), Freshly Painted, Newer Roof-2004 view More Info at www.12SeventeenthAve.com or www.Hse4sale.com or www.LongIslandHomeLink.com