Posts in category 'Buy A Home'

There are six crucial questions that our REALTORS® recommend asking during a video tour. The answers you receive will let you know whether it's the right property for you, or whether it's time to move on down the road to the next house. 

1. Do You Have Any Concerns?
   This is a broad question, but it is very important to ask when the video tour comes to an end. This allows your Realtor to tell you what they think about the property. Maybe the storage space is inadequate, or perhaps the windows don't allow sufficient light into the home. There may be structural flaws, high utility bills, or an unsavory history of neighborhood problems. Asking this one question allows your realtor to tell you all the flaws and problems they see.

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Our REALTORS® know that one of the biggest draws of Long Island is the chance to live by the shore!

Seaside property is always in demand in Long Island. Whether you're looking at Nassau County homes for sale or Suffolk County homes for sale, you shouldn't pass up the opportunity to visit some coastal homes.

Many people have never considered that they might be able to find the ideal coastal property for them. If you haven't thought about it before, now is the perfect time to give coastal living a much closer look. It is more attainable than you think!

When you buy a waterfront property, you're not just getting a new home. The truth is, you're signing on to a whole new lifestyle that can be deeply rewarding. For the right buyer, the benefits are undeniable.

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Like many people, you've probably dreamt of owning a vacation property. But is 2020 the right year to take the plunge on a second home? After all, mortgage rates are at a historical low. But this is a time of economic uncertainty. And we don't know when the economy will fully recover from the impact of the COVID-19 pandemic. There's a lot to consider before you invest, which is why Our REALTORS® give you this rundown of the pros and cons of buying a vacation home in 2020.

• Pro: Mortgage Interest Rates Are Hitting Record Lows
  If you have the income stability, buying a vacation home in 2020 may make a lot of sense. Mortgage interest rates at a historical low and it's predicted that this will continue into 2021. According to Freddie Mac, the average interest rates in August 2020 dropped below 3% for the first time ever.

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Whether you're looking for Nassau County homes for sale or Suffolk County homes for sale, there's one thing you can count on: Our REALTORS® are there to make the whole process easier for you. We'll guide you every step of the way so you can make informed choices.

Unfortunately, even savvy buyers often believe some real estate myths.

It's no surprise certain real estate myths are so common. They've been around a long time and it's easy to pick them up through word of mouth. Some real estate myths were truths once upon a time. However, real estate changes quickly – and it's important to move with the times.

To make things even more complicated, the coronavirus pandemic has changed real estate in a very short time. Buyers and sellers around Long Island need to be aware of how COVID-19 has shaped the local market, but it's also crucial not to overcorrect.

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Are you thinking about capitalizing on the Airbnb trend and purchasing a rental property? You're certainly not alone! Millions of homeowners around the world have embraced Airbnb as a second or even primary source of income, but success isn't as simple as shopping for a Suffolk County home for sale and setting up a mattress in a spare room. Prepping your home to become part of the hospitality industry isn't for everyone, and it takes work to turn your home into an Airbnb earner. Our REALTORS® are here to help you make an informed decision, with a look at the pros and cons of jumping on the Airbnb bandwagon.

Should You Consider Airbnb?

• Turn a Second Home or Spare Room into Extra Income
  Let's start with the biggest pro, and the reason you're probably interested in Airbnb in the first place. If your home has a good location and you prep it properly, you can turn your Airbnb property into a significant source of income. It takes work to excel with Airbnb, but if you stick with it, the payoff can be significant. You can rent out unused space in your own home, or purchase a property specifically as an Airbnb investment. Either way, you can generate extra income without Airbnb being your main job.

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