Joseph, In response to the pros and cons Mahopac or Yorktown, why don't you visit both areas, I would be happy to speak with you regarding both areas as they are the main areas which I cover, feel free to log onto my website gigifinan.houlihanlawrence.com for more information regarding the towns. Gigi... more
Everything is negotiable but be aware interest rates are very low. Its the perfect time to buy if you are in the market and at the price you can afford. $8,000 tax credit helps too. You can check out and see what the other units have sold for too, most recent sales should be used to make a judgment.
Best of luck
J Douglas Montgomery
Broker/Owner, HomeNY Corp.... more
I usually try to get an answer as soon as possible for the buyer. If your offer doesn't expire, he can take as long as he wants and as long as you are patient enough to wait for an answer. Hope that makes sense. Also he may want to compare it to other offers coming in for price and terms.
Probably. Mahopac is far from NYC, jobs are being lost in large numbers, credit is getting tighter and community taxes are not going down. If taxes don't give, home prices have to so unless you think the economy is going to turn around or credit is going to loosen up again soon, home prices will continue falling.
Also, you ask, "is now still a good time to buy?" When, recent, was it a good time to buy? I've been looking in westchester for more than a year now and if we bought a year ago, we'd certainly be down now.... more
The transfer tax is $4 for every $1000 so in your example, a seller would be responsible for $1600 in transfer tax on a sale of a house for $400K.
Hope this helps.
Houlihan Lawrence Mahopac... more