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Market Conditions in Freeport : Real Estate Advice

  • All55
  • Local Info5
  • Home Buying11
  • Home Selling1
  • Market Conditions2

Activity 12
Mon Apr 6, 2015
Shafia answered:
The taxes for this year are round about total of $11,000
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Wed Jan 14, 2015
bill3452642 answered:
It's the hottest property on the South Shore. And close enough to all of the wonderful things in the WaterFront in Freeport, New York-we're going outdo Freeport Maine one day, only Better-Coming Soon!!!

The GREAT Freeport, New York
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Thu Jun 12, 2014
Unspecified asked:
This question was asked from
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Mon Mar 24, 2014
ortho727 asked:
This question was asked from
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Mon Mar 17, 2014
Mary Sikorski answered:
There are many areas of Freeport which were not affected by Sandy, but they still are close to such attractions as the Nautical Mile. I know this since I live just north of Merrick Rd. in a co-op which suffered nothing from Sandy. Even the electricity was only out for a few hours. I would advise anyone to look at each property on an individual basis.

Mary Sikorski
EdMcNulty RealtyLLC
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Sat Jan 25, 2014
Linda Reynolds answered:
Yes this house located on Randall Bay is for sale with an asking price of $589,990
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Thu Jan 16, 2014
W Chin asked:
This question was asked from
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Fri Dec 20, 2013
Hezrell Vasquez answered:
Good afternoon Glen Tindal,

I would recommend to visit the local Pricinct.
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Sat Aug 3, 2013
Bobbi Mahoney asked:
This question was asked from…
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Sun Jul 14, 2013
Thomas Moser answered:
Sunrise Highway runs through Merrick. You are also close to the Meadowbrook Parkway and Southern State Parkway.

Tom Moser
Keystone Realty USA

Long Island's Commission Rebate Realtor
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Tue Apr 16, 2013
Good morning lovely.linda2,

In my 23 years as a Mortgage Banker I've found my clients have the most success in determining "how much will a Seller accept" by making an OFFER!

First things first: when making an offer, focus on what your monthly payment will be for the mortgage financing, including taxes and insurance. If that payment is within your means, then your Mortgage Banker will determine the maximum loan/purchase price for you based on all the factors of the monthly payment, your down payment and your mortgage qualifications.

Begin making an offer with the following standards:

1. WISH LIST. Does the home meet MOST of the requirements from your Dream-Home-Wish-List? The Dream Home exists only in our minds; it's NOT out there waiting for you to stumble across it one Saturday afternoon. But you can find the right home using your Wish List. When you find the home that meets most of your requirements from the wish list, then it's time to make an offer.

2. FORGET LIST PRICE. Based on your own research, shopping in your chosen area, select the price you're most comfortable with, regardless of list price/asking price. In other words, you'll find a home listed at $268,000, but you've seen at least a dozen other similarly constructed homes in the immediate area priced or sold at $235,000. What makes this home so special that it's priced $33,000 more than the average price? Remember, your Lender will appraise the home based on similar homes and those prices.

3. MAXIMUM OFFER. Never exceed the price based on your mortgage qualifications, no matter how much you LOVE the home. You have to be able to afford the payment for the next thirty years. That in-ground swimming pool you love isn't going to pay the mortgage for you!

4. OFFERS ARE NOT PERSONAL. An offering price can NEVER be misconstrued as an insult to the homeowner. This is business; you're not going to hurt anyone's feelings! Make the offer based on a price you're most comfortable with!

5. OPENING OFFER. NEVER open with your maximum offering price. Test the waters with your opening bid: you want to see if this Seller is a SERIOUS Seller who understands this is a BUYER'S MARKET. If there's no reaction to your offer---assuming the price you offered is within the reasonable range of current market prices---you may be wasting your time with this home/Seller. It might be time to move on to another home.

See my "Five Steps To Making An Offer" for the best way to negotiate on your home purchase.

Trevor Curran
NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services

*If you thought my answer was helpful, please give me a "Thumbs Up" or "Best Answer." Thanks!
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