No, the RE tax and even property taxes are the same (each property is different) regardless if you're buying as a primary residence, second home or investment property. The only thing that differs is that in a primary residence you're entitled to property tax exemptions, also known as the STAR program, on second and investment homes you will not be.
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Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
(516) 606-9648 Cell
(516) 740-4478 Office
(516) 918-5383 Fax... more
If referring to RealtyTrac ads, keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in foreclosures, work with an agent, as most do end up being listed by a broker--he/she will have access to reliable information--also don't overlook traditional sales as some may turn out to be a much better bargain than some of the foreclosure properties. According to MLS, currently there is one bank owned property in Jericho listed at $799,000. For available area properties check www.mlsli.com... more
figure 10 minutes but of course if you are on a tight schedule leave a few more minutes like 12 to 15 , if you are being droped off , if you are tight for time and need to park leave more time but its basically less then 3 miles away... more
If you are looking to purchase now is the time to consider using a Realtor especially if the seller has representation; your agent will then help you in deciding a fair offer based on all your above stated concerns.
You asked a very good question. Actually all real estate agents work on behalf of the seller unless you hire the agent on your behalf as a buyers agent. We as realtors are required by law to present all offers. A great agent will be able to show you what properties are comparable to the property of interest. But, if you know the consumer website MLSLI then you know already how to go to SOLD properties, type in the address and find out what has sold in the last 6 months and for how much. In these times I would base decisions on the last three months.
If you had me and my partner as you buyers agents, Iwe would treat you with respect and present all offers after having provided you with a plethora of information to help you make an educated choice. Please call or email me anytime at firstname.lastname@example.org or my partner email@example.com. In this market, two heads are better than one!
Have a great day and know that only 1 in 3 properties are assessed properly on My Nassau Properties so...do more research or just hire us!
Melanie K. Lichaa
Licensed Home Specialist
Century 21, Laffey Associates
If new homes, or a new phase, is under construction, selling an existing home in the same neighborhood can be challenging. After all, why buy a 'resale' when I can pick out styles and colors to my own taste and it's new. Also, builders often add incentives for buyers including very attractive financing. If one buys in one of these neighborhoods, plan to be there 5 to 7 years, until the neighborhood "builds out."... more