Renting vs Buying: Which Is Right for You in this type of market?In today’s real estate market, the decision to rent or buy hinges on various factors like interest rates, housing inventory, personal financial circumstances, and market conditions. Here’s a comparison to help you decide which might
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10/04/2024
10 Negotiation Secrets Smart Buyers Should Use to Get Better Deals Here are 10 key negotiation strategies that smart buyers can use to secure better deals: 1. Do Your Homework Before entering negotiations, gather as much information as possible about the property, the market, and the seller’s mo
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10/04/2024
Is this a good time to downsize? My interest is 3.5% right now. With a 3.5% interest rate, you're in a favorable position compared to today's higher mortgage rates, which have risen significantly. Deciding to downsize now depends on several factors: Current Market Conditions: In many areas, home
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10/03/2024
What are the effects of over pricing your home! Overpricing a home can have several negative effects, which may hinder a successful sale and potentially reduce your overall return. Here are the key consequences: 1. Longer Time on the Market Buyers Avoid Your Listing: Homes priced too high ofte
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10/02/2024
Why should I downsize? Downsizing can be a strategic and beneficial move depending on your current lifestyle and financial goals. Here are some reasons you might consider it: Lower Costs: A smaller home typically means lower mortgage payments, utility bills, property taxes, and maintenance costs
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10/02/2024
I had an Attorney ask when the buyer could do a RADON TEST on a piece of vacant! WOW!!That's surprising! It's not very common to do radon testing on vacant land since radon tests are typically done on homes or buildings to measure indoor air quality. The buyer's attorney might be extra cautious o
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10/01/2024
You do know that when the real estate market bubble burst it always comes back stronger! Yes, you're absolutely right! Historically, the real estate market has shown remarkable resilience after downturns or "bubble bursts." While a bubble can cause a temporary decline in home prices, the market t
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09/30/2024
Should I really wait till after the general election to buy my home or should I buy now? Deciding whether to buy a home now or wait until after the general election depends on several factors, both personal and market-related: Interest Rates: Interest rates tend to be influenced by economic cond
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09/30/2024
Do most towns in Westchester reassess your home when you buy it? Yes, most towns in Westchester County, NY, reassess properties upon the transfer of title, especially if the property hasn't been reassessed for a significant period or if the market value has increased substantially. This practice
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09/26/2024
What towns in Westchester county NY increase your assessment upon transfer of title? In Westchester County, NY, many towns and municipalities perform property reassessments when a property transfers title, potentially leading to increased assessments and higher property taxes. This practice is b
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09/26/2024
