Just started a new Face Book group to help everyone that wants their real estate questions answered. Post a question, make a comment, or just check it out.
"I Need sell/Buy a House, Real Estate Tips and Discussion Group. http://www.facebook.com/group.php?gid=51202751850
Log onto Face Book for more info
Mark Schreier
Licensed Realtor
(516)263-9094
Saturday, January 24, 2009
Monday, January 12, 2009
Are Nassau County Property Taxes Going Down?
Are Nassau County Property Taxes Going Down?
Nassau County finally got on the band wagon and agreed to reduce the assessed value on the majority of properties in the county for the years 2010/2011. However just because your assessed value goes down doesn't mean your yearly tax bill will be reduced. According to the Nassau County Department Of Assessment http://www.mynassauproperty.com/ for the 2009 tax year county taxes only accounted for 17.3% of your tax burden. Town and village, city & special district taxes make up 20% and school taxes 62.7% The amount of taxes in dollars the local government collects from you is based on it's expenses, divided by your assessed value. So when local government expenses go up the burden is divided according to your assessed value. The higher your assessed value the more of the pie you will be responsible to pay. So yes even if your assessed value goes down your yearly tax bill can go up. If you would like to challenge the county market value of your home, your property tax classification or exemption status, you may file an application for correction of assessment at www.nassaucountyny.gov/arc between January 2, 2009 and March 2, 2009 or by calling the assessment department at 516 571-1050.
Mark Schreier ,LSA
http://www.toplirealtor.com/
Nassau County finally got on the band wagon and agreed to reduce the assessed value on the majority of properties in the county for the years 2010/2011. However just because your assessed value goes down doesn't mean your yearly tax bill will be reduced. According to the Nassau County Department Of Assessment http://www.mynassauproperty.com/ for the 2009 tax year county taxes only accounted for 17.3% of your tax burden. Town and village, city & special district taxes make up 20% and school taxes 62.7% The amount of taxes in dollars the local government collects from you is based on it's expenses, divided by your assessed value. So when local government expenses go up the burden is divided according to your assessed value. The higher your assessed value the more of the pie you will be responsible to pay. So yes even if your assessed value goes down your yearly tax bill can go up. If you would like to challenge the county market value of your home, your property tax classification or exemption status, you may file an application for correction of assessment at www.nassaucountyny.gov/arc between January 2, 2009 and March 2, 2009 or by calling the assessment department at 516 571-1050.
Mark Schreier ,LSA
http://www.toplirealtor.com/
Wednesday, January 7, 2009
Plainview New York Home Sales for December 2008
53 Nassau Ave Plainview $246,500 Cape
152 Central Park Rd Plainview $305,000 Ranch
30 Vernon St Plainview $355,000 Exp Ranch
27 Janet Dr Plainview $385,000 Ranch
27 Clearwater Dr Plainview $430,000 Exp Cape
26 Birch Ln Plainview $460,000 Split
104 S Lincoln Rd Plainview $475,000 Split
68 Country Dr Plainview $477,500 Split
59 Beaumont Dr Plainview $450,000 Hi Ranch
164 Morton Blvd Plainview $519,000 Exp Ranch
17 Alan Ct Plainview $475,000 Split
16 Laura Ln Plainview $542,500 Hi Ranch
11 Millford Dr Plainview $585,000 Ranch
152 Central Park Rd Plainview $305,000 Ranch
30 Vernon St Plainview $355,000 Exp Ranch
27 Janet Dr Plainview $385,000 Ranch
27 Clearwater Dr Plainview $430,000 Exp Cape
26 Birch Ln Plainview $460,000 Split
104 S Lincoln Rd Plainview $475,000 Split
68 Country Dr Plainview $477,500 Split
59 Beaumont Dr Plainview $450,000 Hi Ranch
164 Morton Blvd Plainview $519,000 Exp Ranch
17 Alan Ct Plainview $475,000 Split
16 Laura Ln Plainview $542,500 Hi Ranch
11 Millford Dr Plainview $585,000 Ranch
Friday, January 2, 2009
Town of Oyster Bay Bethpage Community Park Indoor Ice Rink Grand Opening
The Town Of Oyster Bay Ice Rink just opened its doors last month. It is a great place to burn off those extra holiday calories.. The regulation size rink has lockers, pro shop, snack bar, and a lounge with a wood burning fire place. I went there with my 7 year old and had a blast. It is part of the Bethpage recreation center.
Friday, December 19, 2008
Selling Your Home in The Winter
In many parts of the country, selling a home during the winter months can be a challenge. Dreary, cold weather and the end-of-the-year holidays can keep buyers away and than there are the heighten fears of your home staying on the market longer than expected.
However, there are a few things you can do to enhance “curb appeal.” And when that happens, buyers will take notice.
For example, if your home has been on the market for more than six months, its probably time to change the sales approach. There are several factors that could be reviewed with your real estate agent to determine improvements that can be made. Ask for a reassessment of the sales price; it may be too high for the current market. Also, ask the agent for a new or updated marketing plan and ask for a specific explanation of each activity. Marketing your home goes beyond a few ads in the newspaper and a listing on the Multiple Listing Service (MLS); a good agent will do more to get your home sold.
If your current agent doesn’t respond to your satisfaction, you should contact the real estate broker (the owner of the office) and ask for a different sales agent – or, if you’re no longer under any contractual obligation to the firm, it might be time to change real estate offices entirely.
When setting the asking price through a comparative marketing analysis, compare similar homes sold in the winter months. Many owners set their asking price too high because of comparisons with sales prices during peak seasons. Always try to compare like properties sold at the same time of year.
Once you’ve settled on an asking price, its time to spruce up the interior and exterior of your home. Many real estate agents recommend opening as many curtains as possible to add light and color to rooms. Also, it’s suggested that you keep spring and summer pictures of your home out on tables and in clear view. Photos of your front yard flowers or the backyard shade tree in full summer bloom can help swing many buyers in favor of a purchase.
Staying on top of winter maintenance and chores is another sure-fire way of adding value to your home. A neatly shoveled driveway and cleared walkway can add a nice touch. Make sure the furnace is in good working condition and that the room temperature is kept at a comfortable level. Also, check to see that the basement if dry and sealed from any drafts.
Take yourself on a tour of your home. Start in the basement and work you way through the house. More than likely you’ll see many previously undiscovered cluttered spaces and needed repairs that can turn off potential buyers.
Don’t overload your home with holiday decorations, either. The buyer should have a chance to see you home in its everyday condition.
However, there are a few things you can do to enhance “curb appeal.” And when that happens, buyers will take notice.
For example, if your home has been on the market for more than six months, its probably time to change the sales approach. There are several factors that could be reviewed with your real estate agent to determine improvements that can be made. Ask for a reassessment of the sales price; it may be too high for the current market. Also, ask the agent for a new or updated marketing plan and ask for a specific explanation of each activity. Marketing your home goes beyond a few ads in the newspaper and a listing on the Multiple Listing Service (MLS); a good agent will do more to get your home sold.
If your current agent doesn’t respond to your satisfaction, you should contact the real estate broker (the owner of the office) and ask for a different sales agent – or, if you’re no longer under any contractual obligation to the firm, it might be time to change real estate offices entirely.
When setting the asking price through a comparative marketing analysis, compare similar homes sold in the winter months. Many owners set their asking price too high because of comparisons with sales prices during peak seasons. Always try to compare like properties sold at the same time of year.
Once you’ve settled on an asking price, its time to spruce up the interior and exterior of your home. Many real estate agents recommend opening as many curtains as possible to add light and color to rooms. Also, it’s suggested that you keep spring and summer pictures of your home out on tables and in clear view. Photos of your front yard flowers or the backyard shade tree in full summer bloom can help swing many buyers in favor of a purchase.
Staying on top of winter maintenance and chores is another sure-fire way of adding value to your home. A neatly shoveled driveway and cleared walkway can add a nice touch. Make sure the furnace is in good working condition and that the room temperature is kept at a comfortable level. Also, check to see that the basement if dry and sealed from any drafts.
Take yourself on a tour of your home. Start in the basement and work you way through the house. More than likely you’ll see many previously undiscovered cluttered spaces and needed repairs that can turn off potential buyers.
Don’t overload your home with holiday decorations, either. The buyer should have a chance to see you home in its everyday condition.
Friday, December 12, 2008
Americans Know A Bargain When They See One
Here is an interesting post from my in house mortgage consultant.
THE GOOD NEWS Strange as it may seem, the one segment of the economy that gives us cheer is housing. Housing has been the weakest sector of the economy for some time. However, mortgage applications rose 112% last week --the biggest percentage gain in history. Refinancing also leaped upwardby some 203%. With some trepidation, we are inclined to say that the worst may be over for housing.
Moreover, the stock market seems to agree with us. With stocks likeMasco (MAS), a Growth Portfolio pick leveraged to the home-building industry, leading the market higher, housing seems to be emerging from the doldrums. We also note that October's figures showed houses to be more affordable than any time in the last 20 years. Today, with the Federal Reserve buying up mortgage-backed agency securities and forcing mortgage rates lower, we expect affordability has reached a record high. Housing prices have also come down a huge amount. Americans know a bargain when they see one, and will surely increase their buying thanks to record high liquidity. Housing was a significant catalyst for the downturn in the stock market, and we believe a turnaround in housing is a needed catalyst for an upturn in the economy. We are not about to stand on a soapbox and shout that the worst is over. However, the improved figures from the housing sector are certainly a positive sign.
Christine Dawson Mortgage Consultant,
Retail Mortgage Sales Wells Fargo Home Mortgage
M6575-0112350A Merrick Rd
Bellmore, NY 11710
(516) 409-2880 Tel
516-445-0521 Cell
1-866-892-7154 Fax
Christine.B.Dawson@wellsfargo.com
http://www.cbdawsonmortgage.com/
There are 13 AAA rated companies in the world, 9 are located in the US.Only one is a US bank...Wells Fargo!
**posted with her permission**
THE GOOD NEWS Strange as it may seem, the one segment of the economy that gives us cheer is housing. Housing has been the weakest sector of the economy for some time. However, mortgage applications rose 112% last week --the biggest percentage gain in history. Refinancing also leaped upwardby some 203%. With some trepidation, we are inclined to say that the worst may be over for housing.
Moreover, the stock market seems to agree with us. With stocks likeMasco (MAS), a Growth Portfolio pick leveraged to the home-building industry, leading the market higher, housing seems to be emerging from the doldrums. We also note that October's figures showed houses to be more affordable than any time in the last 20 years. Today, with the Federal Reserve buying up mortgage-backed agency securities and forcing mortgage rates lower, we expect affordability has reached a record high. Housing prices have also come down a huge amount. Americans know a bargain when they see one, and will surely increase their buying thanks to record high liquidity. Housing was a significant catalyst for the downturn in the stock market, and we believe a turnaround in housing is a needed catalyst for an upturn in the economy. We are not about to stand on a soapbox and shout that the worst is over. However, the improved figures from the housing sector are certainly a positive sign.
Christine Dawson Mortgage Consultant,
Retail Mortgage Sales Wells Fargo Home Mortgage
M6575-0112350A Merrick Rd
Bellmore, NY 11710
(516) 409-2880 Tel
516-445-0521 Cell
1-866-892-7154 Fax
Christine.B.Dawson@wellsfargo.com
http://www.cbdawsonmortgage.com/
There are 13 AAA rated companies in the world, 9 are located in the US.Only one is a US bank...Wells Fargo!
**posted with her permission**
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