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Merrick : Real Estate Advice

  • All40
  • Local Info7
  • Home Buying7
  • Home Selling1
  • Market Conditions1

Activity 31
Mon Mar 20, 2017
Susie Kay answered:
Wed Oct 26, 2016
Ian Lozada answered:
There's not one answer to when is it the best time. Many parents, for instance, don't want to sell and move in the middle of a school year. However, some people find that because there are less listings in the fall and winter, that there are less homes competing with their home, and supply and demand says that if there isn't enough inventory (and there hasn't been enough inventory on Long Island for the last 12 months now), prices will rise.

One thing that certainly hasn't changed this fall is that first time homebuyers are still out in force. Remember, not every buyer is tied to the school schedule. Interest rates are still very low, and the private mortgage insurance rates were halved in February 2015. That said, rates last week climbed to a 4 month high, and with the election wrapping up, it will take much of the uncertainty out of the rate markets, which we see as leading to a steady rise in rates over the next 6 months. If you wait till spring to sell, you may find that your potential buyers may be able to afford less home, which may start to retard the growth of home prices.

Those two factors of locking in while rates are still low and maximizing how much house you can get for your money mean that the buyers who are out right now are the most serious ones, and there are enough of them to get you the best price possible.
... more
0 votes 2 answers Share Flag
Sun Oct 25, 2015
Javier Meneses answered:
Minimum down-payment is determined by the loan program you will apply for. If you qualify, conventional is as low as 3% and FHA is 3.5%. What the right down-payment is for YOU specifically is another story. I always suggest that you meet face-to-face with a mortgage professional and go over all the necessary documents and all that comes with a pre-approval consultation. By the end of this meeting, you will know exactly what your options are, rates, estimated payments, where your credit stands, and even how much you'll need for down-payment and closing costs.

I am in Long Island and available to meet if you need an experienced professional and advisor. Good luck!

If my response was helpful, consider clicking BEST ANSWER!

Javier Meneses
Senior Loan Officer
STERLING NATIONAL BANK
98 Cuttermill Road
Great Neck, NY 11021
jmeneses@snb.com
(516) 606-9648 cell
(516) 708-3235158 office
(516) 918-5383 efax
... more
0 votes 4 answers Share Flag
Fri Sep 18, 2015
Malgorzata Ringston answered:
You can go to Village of Ellenville NY ulster county and request all the info you need about particular house. www. ecode360.com
Good Luck!
0 votes 2 answers Share Flag
Fri Jan 9, 2015
Leah Potter answered:
yes, title insurance will cover the legal costs as well as any costs incurred with complying with building regulations or demolishing unsafe building work.
0 votes 7 answers Share Flag
Mon Oct 20, 2014
Oleg Volfman answered:
Hello Lois.

I think you are posting in the wrong "AREA". Try reposting this in Randolph, MA.

If my response was helpful, consider clicking BEST ANSWER!

Thank you for your valuable time!

Oleg Volfman, CBR, RSSP
Lic. RE Agent, Office Manager
Quick Deal Realty, Inc
Office 516-599-5559
Mobile 917-685-0489
ovolfman@gmail.com
... more
0 votes 1 answer Share Flag
Fri Jul 18, 2014
Ronnie Ratner-Sheldon answered:
You should call your local Realtor one who has real knowledge of your community, perhaps lives there who farms and networks the area/specialist.

Discuss the possibility of the sale of your home.

If I can further assist on you please let me know.

Regards,
Ronnie Ratner-Sheldon
REALTOR
Berkshire Hathaway Homeservices

Servicing All of your South Florida Real estate Needs!
561-715-7085 Cell
Parklandhomesronniesheldon.com
ronnierealtor@bellsouth.net
... more
0 votes 6 answers Share Flag
Sun Feb 2, 2014
Carlos Latorre answered:
Hi

Here is a link that would help you find all the town pools in the town of Hempstead which Merrick is part of. If you need anything else please feel free to contact me. http://www.toh.li/facilities/beaches-and-pools/outdoor-pools ... more
0 votes 6 answers Share Flag
Mon Aug 12, 2013
Anna M Brocco answered:
No link is visible; if the property is still available you can check www.mlsli.com for additional information; you can also ask your agent the question, ask the owners....
1 vote 3 answers Share Flag
Sat Jul 20, 2013
Lydia Green answered:
No crystal ball needed here. Prices have been rising and inventory has been going down since early 2012 and that trend appears to be continuing into the foreseeable future.
0 votes 6 answers Share Flag
Tue Mar 26, 2013
ash1newyork answered:
Try Capital insurance 718-626-6111...i got inurance through them....
0 votes 8 answers Share Flag
Sun Mar 17, 2013
Jill Sackler answered:
That price is somewhat high for North Merrick unless you're talking about new or relatively new construction. The first week that your house comes on the market is when you can expect the most showings. There's no set number, but know that people who've been keeping an eye on the neighborhood and are familiar with all the inventory will jump at the chance to see what else is new. If you're not getting that much interest, it may be an indication that your property is not perfectly priced. Remember that buyers buy when they recognize value. ... more
0 votes 9 answers Share Flag
Mon Feb 25, 2013
Frank Failla answered:
Smithws,

A market valuation would be the first step.

I am a lifelong Merrick resident and a local realtor as well. I would be happy to discuss this with you and set up a time to conduct a preview of the house. I will also supply recent sales trends for the South of Merrick Rd.

Frank Failla
Select-A-Home/island South Realty
324 Merrick Ave
Merrick, NY 11566

516-644-3751
... more
0 votes 5 answers Share Flag
Mon Feb 25, 2013
robert kipnis answered:
It depends on on how far into the future you wish to go. The current atmosphere is still very fresh with most buyers. A property analysis by a local agent would give you an idea.
0 votes 7 answers Share Flag
Thu Jan 24, 2013
Joseph Laurita answered:
Hello 24susan,
MLS means Multiple Listing Service. In East Meadow the MLS covers Nassau, Suffolk, Queens and some Brooklyn. MLSLI.COM is a consumer version of the Database Realtors use. In order for a property to be placed in the MLS it must be listed (agreed to be marketed and sold) by a Licensed agent or broker. ... more
0 votes 7 answers Share Flag
Sat Jan 19, 2013
Janet Nation, CBR answered:
To answer your question, underground oil tanks in Merrick and/or Nassau county are not illegal.
1 vote 6 answers Share Flag
Fri Jan 18, 2013
Anna M Brocco answered:
Contact and invite a few agents from different realty companies; ask for comps of recently rented similar properties in the immediate area; also ask opinions, and go from there....
0 votes 2 answers Share Flag
Thu Oct 4, 2012
Janet Nation, CBR answered:
The average time it takes to sell a "nice" home will be contingent upon price, location and condition combined. If 450K is a random number you just selected because that's what you want, and it's not in sync with what similar homes that have sold for in the neighborhood, expect to be on the market for a very long time. ... more
0 votes 8 answers Share Flag
Thu Sep 27, 2012
Andra Matera answered:
Lakeside school. A great grade school I attended from 1974. Can you guess my age? LOL : )
0 votes 3 answers Share Flag
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