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Island Park : Real Estate Advice

  • All8
  • Local Info1
  • Home Buying4
  • Home Selling0
  • Market Conditions1

Activity 10
Mon Jan 26, 2015
Anna M Brocco answered:
The down payment will depend on the type of mortgage you qualify for, therefore for a personalized answer visit with any licensed loan officer; be aware that a mortgage pre approval letter is necessary to determine your price range and for any offers to be taken seriously. ... more
1 vote 3 answers Share Flag
Sat Jan 24, 2015
Meaghan Giron asked:
Thu Mar 13, 2014
Tina Rossetti answered:
Hi Mary, I know Island Park very well, The property you have is most likely a buildable lot. You have to go through the proper channels and I'm sure it would be approved. I know somebody who did it with a 50 x 40.. You can sell it for approx. 70-80K. I lived in IP my whole life. If you have any questions feel free to call my cell at 516-749-6925, Thank you
Tina Rossetti
516-749-6925
... more
0 votes 3 answers Share Flag
Wed Oct 16, 2013
Anna M Brocco answered:
Taxes vary property to property, property size, upgrades, schools, local amenities, etc.; you can contact the local tax assessor's office/research online, or consider working with an agent of your own who can provide any necessary information; also check http://www.mlsli.com ... more
1 vote 4 answers Share Flag
Sat Aug 17, 2013
geneahern answered:
Approximately ten minutes
0 votes 6 answers Share Flag
Sat Aug 17, 2013
geneahern answered:
Actually if the house had been listed before sandy ,it would have been listed for 20 to 25,000 more . It should be noted that sandy has nothing to do with this home being listed.
0 votes 6 answers Share Flag
Mon Aug 16, 2010
Anna M Brocco answered:
Keep in mind that assessment values have no bearing on market value--assessed value can be described as such--If there are 10 houses in your defined neighborhood and your home has a market value of $100,000 and the other nine homes have market values of $200,000, then your assessed value for tax purposes, often calculated as average neighborhood market value, would be $190,000. Your neighbors benefit from your under enhanced property, whereas you pay for your neighbors’ over enhanced properties when taxes are assessed--whereas market value can and should be defined as the price at which both buyers and sellers are willing to enter into a contractual relationship, whereas the market price is the actual sale/purchase price of a property--in order to establish a fair value, you need to be aware of recently sold similar properties in the immediate area--after reviewing the data, a determination can be made--therefore, ask your agent for comps or if looking in Nassau County, check out www.mlsli.com under closed properties, then by area. ... more
0 votes 2 answers Share Flag
Fri Feb 13, 2009
Jamal Hadi answered:
Add to what? The price of a house is based on comps. If you add 10% above market value you will loose about 50% of potential buyers if you add 20% you will 75% of buyers.
0 votes 7 answers Share Flag
Thu May 8, 2008
Rick Goldbach asked:
Island Park is just outside of Yellowstone National Park and offers great opportunities for all outdoor activities includin hiking, fishing, ATVing, motorbiking, hunting and snowmobiling.
0 votes 0 Answers Share Flag
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