Terence Cavill

Having read some of the previous answers , you must be confused -but they all contain some kernel of truth . Basically , the more a buyer puts down , the shorter the time period to closing will be.
CASH BUYERS can get better deals since they do not have to worry about putting a mortgage package together for a bank, and they can often close in 30 days or less . Mortgage seekers have to SHOW the bank that they can afford the loan and the LESSER amount they put down , the MORE they have to show the bank , and the longer it takes , anywhere these days up to 5 or 6 months is not uncommon .So putting it all together , the average is about 3 t0 4 months after a seller goes to contract until closing. - Sun Aug 24 2008, 08:21

Home Seller ,
Going to MLS stats for the last 6 months in that price range for Port Washington -It shows 19
sales with an average DOM (days on market) .That is , until it is in contract ,of 100 days . But this can be a bit misleading since the range is 15 days to 335 days .
These days though with the prices slipping everywhere at an average of 10 to 15 % in Long Island (these stats are available in NEWSDAY ) , just remember in your price range that the prices are slipping about 1 % per month , that translates to 7000 to 8000 PER MONTH . So it is to your advantage to put a knock em dead sales price today , because in a month or two it will only be an average price at best , and the buyers who are around know they are in the drivers seat and will drive a hard bargain to get what they want .If you are selling and are looking to buy elsewhere , the best advice , I can give is , sell this property as quickly as possible and then you can wait a while , because prices ARE going down and as a buyer
as I said , YOU will be in the drivers seat . Contact me if you need any further ideas or explanations - Sun Jul 6 2008, 06:56

Mary ,
Apart from checking if it is a buildable lot (also does it front on a street or is it behind your home ? even in Island Park , the size might prevent a contractor from building anything ). If it is not buildable by itself, then about the only thing you can do is ,check and see if the lots on either side (yours included ) could be combined to increase the size and make a buildable lot ,
What I mean is , if the lot your home is on is say 120x60 and this lot is 50x60 then combined you would have 170x60 , and a contractor may be able to get variances to build on 2 lots or maybe your neighbor has
the same situation and combined you could come up with a buildable lot and get more money for it
But if not , then you have a great summer playground or , you could sell the lot to your neighbor , and he could use it for parties etc , but NOT for building , This would greatly decrease the value to a purchaser
so it would probably be best to keep it in that case . - Wed Jul 2 2008, 09:21

Arleen ,
Multiple Listing shows 68 properties for sale in Valley Stream between $275000 (the lowest price)and
$369000 , So I am sure we can find something suitable for you in your price range .
If would like me to show you what is available you can contact me at - Thu Jun 19 2008, 12:14

Hi Arleen ,
I am a real estate agent in Valley Stream , I work with a mortgage broker here in the area , who has been in the same location for over 20 years and is very knowledgeable about the area .
e-mail me at terencecavill@terencecavill.com - Thu Jun 19 2008, 12:07