Special offer

All About New York Real Estate

By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
A Checklist for home ownership Part 2 Review and Secure Financing: Finalize your mortgage application. Lock in your interest rate. Closing Process Conduct a Final Walkthrough: Ensure all agreed-upon repairs are completed. Verify that the property is in the expected condition. Review Closing Documents: Carefully review the closing disclosure and other documents. Understand all terms and costs before signing. Close on the Home: Sign all necessary documents. Pay closing costs and down payment. Receive the keys to your new home. Post-Purchase Tasks Change of Address: Update your address with the post office, banks, and other important institutions. Notify friends and family. Set Up Utilities: Arrange for water, electricity, gas, internet, and other essential services. Move-In: Hire movers o...
Comments 0
By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
SOLD AT BLUE RIDGE CONDOMINIUMMEDFORD, LONG ISLANDWant To Be Our Next Sale?Sold another Medford Long Island townhouse! Are you ready to be our next success story? Whether you're buying or selling, we're committed to delivering exceptional service and results. Let's make your real estate dreams a reality together. Contact us today!Call our Cell: 631-805-4400Lawrence & Sheila Agranoff
Comments 8
By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Opened in the 1989, Timber Ridge in Holbrook can be reached by The Long Island Expressway Exit 61 (Patchogue/Holbrook Rd) To Spring Meadow Drive. Turn onto Timber Ridge Drive.These are Townhouse Floor Plans with 2 or 3 bedrooms on the upper level. You will also find some rare Ranch Floor Plans within this community, and some with lofts. The condos have central air conditioning, gas heat, backyard patios and attached 1 car garage. Some units have a basement, and some have pond views. This community is a Planned Unit Development (PUD). Surrounded by Timber Ridge Drive and Timber Ridge Road, this pet friendly neighborhood has an outdoor pool and tennis. This area is served by the Sachem School District #5. Owners: If you are looking to sell your unit at Timber Ridge in Holbrook L.I. call L...
Comments 7
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Property Value Fluctuations Real Estate Market: Changes in the local real estate market can affect property values, and thus, the assessed values. Improvements and Renovations: Upgrades or additions to your property can increase its assessed value. Tax Rate Changes Local Government Decisions: Tax rates can be adjusted by local governments based on budgetary needs and public approval processes.Paying Property TaxesPayment Methods Annual or Semi-Annual Payments: Property taxes are usually paid once or twice a year. Escrow Accounts: Many mortgage lenders collect property tax payments monthly as part of your mortgage payment and then pay the taxes on your behalf. Consequences of Non-Payment Penalties and Interest: Late payments can incur penalties and interest charges. Tax Liens and Foreclo...
Comments 0
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Seller concessions in real estate refer to financial incentives or benefits that a seller offers to a buyer to help facilitate the sale of a property. These concessions can take various forms and are often used to make a deal more attractive to buyers, especially in a competitive market or when buyers might need extra assistance to close the deal. Here’s an overview of how seller concessions work and some common types:How Seller Concessions Work Negotiation Tool: Seller concessions are typically negotiated as part of the purchase agreement. They can be offered upfront by the seller or requested by the buyer during the negotiation process. Loan Approval: Concessions can sometimes help buyers qualify for a loan by covering costs that the buyer would otherwise have to pay out of pocket, th...
Comments 1
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Understanding Home Equity and How to Use ItHome equity is the portion of your home’s value that you own outright, which increases as you pay down your mortgage and as your home appreciates in value. Here’s a breakdown of what home equity is and how you can use it:Understanding Home EquityWhat is Home Equity? Definition: Home equity is the difference between the current market value of your home and the remaining balance on your mortgage. Calculation:Home Equity=Current Market Value of Home−Outstanding Mortgage BalanceHome Equity=Current Market Value of Home−Outstanding Mortgage Balance Building Home Equity Mortgage Payments: Each mortgage payment reduces the principal balance, increasing your equity. Home Appreciation: If your home increases in value, your equity grows without additiona...
Comments 0
By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Opened in 2004, and surrounded by Morley Circle, The Coves is a 62 and over community and can be reached by The Long Island Expressway Exit 49S, or from Route 110 to Duryea and a left on Park. To enter this pet friendly community, there is a coded-gate system at the entrance on Park Avenue. Lawrence and Sheila Agranoff are very familiar with The Coves on Morley Circle in Melville. Buyers like the clubhouse, pool, gym, card games and social activities. They like that each unit is equipped with a medical emergency system too.   The Condominiums at The Coves are all attached garden style units consisting of ground level and upper-level residences. They all have 2 bedrooms, 2 full baths, central air conditioning and gas heat. The first floor Condos have a backyard patio, and the second floo...
Comments 11
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Clearing land to build a home involves several steps to ensure the process is safe, efficient, and compliant with local regulations. Here's a comprehensive guide:1. Planning and Permits Survey the Land: Hire a professional to survey the property and mark boundaries. Obtain Permits: Check with local government agencies to determine which permits are needed (e.g., land clearing, building, environmental). Develop a Plan: Create a detailed site plan, including the location of the home, driveways, utilities, and any other structures. 2. Assess the Land Environmental Considerations: Identify any protected areas, such as wetlands or habitats of endangered species. Topography and Soil: Assess the land's topography and soil type to determine any special requirements for construction. Vegetation ...
Comments 1
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Lot 14.2 Wiccopee Road Putnam Valley $169,000 6.0096 AcresThis is a property listing for a plot of land. If you're considering purchasing this lot and want to clear it to build a home, here's how you can proceed:Steps to Clear Land for Building a Home on Lot 14.2 Wiccopee Road, Putnam Valley Initial Research and Evaluation Visit the Property: Walk the land to assess the terrain, vegetation, and any obstacles. Check Zoning Laws: Verify the zoning regulations in Putnam Valley to ensure that residential construction is permitted. Soil Testing: Conduct soil tests to determine suitability for building and septic system installation. Survey and Planning Hire a Surveyor: Get a professional survey to mark property boundaries and identify any easements or protected areas. Site Plan: Create a sit...
Comments 1
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Renovations can significantly impact real estate in various ways, from increasing property value to enhancing marketability and improving functionality. Here's a closer look at the power of renovations in real estate:1. Increasing Property Value Boosting Market Value Kitchens and Bathrooms: These are two of the most important areas in a home. Updated kitchens and bathrooms can significantly boost a property’s market value. Modern appliances, new countertops, and updated fixtures make a property more attractive to potential buyers. Curb Appeal: Enhancements to the exterior, such as landscaping, new siding, or a fresh coat of paint, can increase a home’s curb appeal, making it more inviting and increasing its value. Energy Efficiency Improvements Upgraded Windows and Insulation: Replacing...
Comments 3
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
The impact of a death in a home on sales can vary depending on several factors, including local laws and cultural attitudes. Here are some key considerations: Disclosure Laws: In many jurisdictions, sellers are legally required to disclose deaths that have occurred in a home within a certain timeframe, typically ranging from a few months to a few years. Failure to disclose such information can lead to legal issues and potential lawsuits. Buyers may also have the right to cancel a sale or renegotiate the terms if they discover that a death occurred in the home. Stigmatized Property: Homes where a death, particularly a violent or high-profile death, has occurred may be considered stigmatized properties. While there is no universally accepted definition of what constitutes a stigmatized pr...
Comments 4
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Understanding different types of mortgages is essential for making informed decisions about home financing. Here are the main types of mortgages, along with their key characteristics: 6. USDA Loans (United States Department of Agriculture) Eligibility: For rural and suburban homebuyers meeting income eligibility. Down Payment: Often none required. Insurance: Requires upfront and annual guarantee fees. Best For: Low- to moderate-income buyers in eligible rural areas. 7. Jumbo Loans Loan Amount: Exceeds conforming loan limits set by the Federal Housing Finance Agency (FHFA). Interest Rates: Typically higher than conforming loans. Credit Requirements: Stricter credit, income, and asset requirements. Best For: Buyers needing larger loans than the conforming limits allow. 8. Balloon Mortgage...
Comments 2
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Understanding different types of mortgages is essential for making informed decisions about home financing. Here are the main types of mortgages, along with their key characteristics:. Fixed-Rate Mortgages (FRMs) Interest Rate: Remains the same throughout the loan term. Term Lengths: Commonly 15, 20, or 30 years. Monthly Payments: Consistent over the life of the loan. Best For: Buyers who prefer stability and predictable payments. 2. Adjustable-Rate Mortgages (ARMs) Interest Rate: Initially fixed for a certain period, then adjusts periodically based on a benchmark rate. Initial Fixed Period: Often 3, 5, 7, or 10 years. Adjustment Period: Can adjust annually after the initial period. Caps: Often includes caps on how much the rate can increase per adjustment period and over the loan’s lif...
Comments 4
By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Need to Sell FAST?Urgently need to sell your home? We're here to assist you promptly. We are an experienced team and offer personalized solutions tailored to your needs, from strategic pricing to effective marketing. Let us guide you through a seamless selling process and achieve your goals. Contact us today for expert support.Cell: 631-805-4400 Let's Chat! Lawrence and Sheila Agranoff, REALTORS®
Comments 9
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
A pre-sale home inspection, conducted before listing your home on the market, can offer several benefits for both sellers and buyers: Identifying Issues: A pre-sale home inspection can help sellers identify any potential issues or problems with their property before putting it on the market. This allows sellers to address issues proactively, rather than being caught off guard by them during the negotiation process or after a buyer's inspection. Avoiding Surprises: By uncovering issues early on, sellers can avoid surprises that could derail a sale or lead to renegotiations later in the process. Addressing issues upfront can help streamline the transaction and reduce the likelihood of last-minute complications. Enhancing Transparency: Providing a pre-sale inspection report to potential bu...
Comments 3
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
The number of devices in a smart home can vary greatly depending on the homeowner's preferences, needs, budget, and the size of the home. There is no specific or fixed number of devices that a smart home should have, as it ultimately depends on what features and functionalities the homeowner desires.Some smart homes may have just a few key devices, such as a smart thermostat, smart lighting, and a smart speaker for voice control. Others may be more comprehensive, incorporating a wide range of devices including smart locks, security cameras, doorbells, appliances, irrigation systems, and entertainment systems.Here are a few factors to consider when determining how many devices your smart home should have: Home Size and Layout: Larger homes may require more devices to provide coverage and...
Comments 1
By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
LONG ISLAND TOP PRODUCERS AT CHARLES RUTENBERG REALTYLarry and I are proud to share the news of our recent distinction as Top Producers at Charles Rutenberg Realty. This achievement is a testament to our dedication to providing exceptional service and achieving outstanding results for our valued Long Island clients. Thank you for your continued trust and support on this journey! Lawrence and Sheila AgranoffCell:631-805-4400
Comments 11
By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
By Philip A Raices  -May 10, 2024  0 Long Island is still on “fire” with a multitude of cash purchasers as well as those that have commitment letters from their lenders.  However “Cash Is Still King” and still rules in the world of real estate transactions. I received $35,000 over the asking price on a property in Levittown a few weeks ago, which actually “shocked” the Trustee of the Estate.  I had sold the owner’s previous home 10 years ago, but she had recently passed away.  But  I had stayed in touch over the years. One of the most crucial and critical thing that I have learned, absorbed and practiced over 42+ years, was to “stay in Touch” with current and past clients.  I learned this while performing this most important facet in growing my previous business of landscape design, li...
Comments 4
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
A smart home is equipped with various devices and systems that are connected to the internet and can be controlled remotely or automated to enhance convenience, comfort, security, and energy efficiency. Here are some key components that can make a home "smart": Connected Devices: Smart homes feature a range of connected devices, including smart thermostats, lighting, locks, security cameras, doorbells, appliances, and entertainment systems. These devices can communicate with each other and be controlled remotely via smartphones, tablets, or voice commands. Home Automation: Automation allows homeowners to schedule and automate tasks based on specific conditions or triggers. For example, lights can be programmed to turn on and off at certain times, thermostats can adjust temperatures base...
Comments 2
By Thomas Santore Lic Associate Real Estate Broker, Realtor®-ABR-Land, Residential & Commercial Sa
(Coldwell Banker Realty/Coldwell Banker Commercial NRT)
Renovating your home before selling can offer several benefits, helping you to attract more buyers and potentially sell your home at a higher price. Here are some of the key benefits: Increased Market Value: Renovations can increase the market value of your home, allowing you to list it at a higher price. Upgrades such as kitchen remodels, bathroom renovations, and adding additional living space can significantly boost your home's value. Faster Sale: A renovated home is often more attractive to buyers, leading to a faster sale. Many buyers prefer move-in ready homes and are willing to pay a premium for properties that have already been updated. Expanded Buyer Pool: Renovations can make your home more appealing to a broader range of buyers. By modernizing outdated features and addressing...
Comments 2
New York Real Estate Agents and Real Estate Professionals