By: G. M. Filisko By preparing for a real estate short sale, you can emerge with a great home at a favorable price. When sellers need to sell their home for less than they owe on their mortgage, they’re shooting for a short sale. Short sale homes can sometimes be Read more…
If a big down payment is preventing you from buying a home, here’s why you may want to reconsider and start shopping.
By: G. M. Filisko By preparing for a real estate short sale, you can emerge with a great home at a favorable price. When sellers need to sell their home for less than they owe on their mortgage, they’re shooting for a short sale. Short sale homes can sometimes be Read more…
Moving into a new home? You’ll want to be sure you have the right emergency contacts posted someplace accessible. It’s important to have contact numbers easily accessible for you, your family, and anyone who may be staying with your children. Whether these are phone numbers where you can be reached Read more…
Do you ever wonder what the most expensive house on the block is selling for? We did! We’re taking a break from our regular blog posts to have a little fun! We decided to search MLSLI.com to find the most expensive home for sale on Long Island. A 38 million Read more…
There are many ways to go about buying a home on Long Island based on your budget. Think of buying a home as shopping for an appliance or shopping for clothes or pretty much anything. You can buy something either on sale, at a discount or you can pay full Read more…
Buying a home on Long Island isn’t not as difficult as it was a few years ago. The dynamics of the real estate market have changed over the course of the past 5 years, making it a good time to buy. If you’re a first-time buyer or you’re in the Read more…
Most likely, you’re not an all cash buyer. The majority of Long Island home buyers need a mortgage! It’s the most important part of the real estate transaction. Without a mortgage, you can’t buy a home. With that said, shopping for a mortgage should be of the utmost importance. All Read more…
The question always boils down to is now a good time to buy or sell a home. The answer to both questions is yes! According to the Multiple Listing Service of Long Island for Feb 2015: The closed median home price in for Long Island, which includes Nassau, Suffolk, and Read more…
Even though you have come up with a price range that’s within your budget, it does not mean that the bank will lend you that amount. So what do you do? You’ll want to get pre-qualified and ultimatly pre-approved for a mortgage. So what’s the difference.