Author: barthorowitz

Staten Island Realtors® Seek Assistance in Albany for First-Time Home Buyers

FOR IMMEDIATE RELEASE: MONDAY, MAY 13, 2019 STATEN ISLAND, N.Y. – Representatives of the Staten Island Board of Realtors® (SIBOR) were among REALTORS® from across New York state who gathered in Albany in early May to highlight important real estate-related issues. Meeting in the Albany office of Assemblyman Michael Cusick are, from left, SIBOR President Scott Setaro; Christopher Manfredo; SIBOR past presidents Greg Sokol and Sari Kingsley; Assemblyman Cusick; Dawn Carpenter, a past president of both SIBOR and the New York State Association of Realtors®; Brianne O’Leary;  Phyllis Cangro, SIBOR director; Angelo Pappalardo, SIBOR president-elect, and Roseanne La Fata,...

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4 Reasons Why a 20 Percent Down Payment on a Home is a Good Idea

If you are in the market to buy a State Island home this year, you may be confused about how much money you need to come up with for your down payment. Many people you talk to will tell you that you need to save 20% or you won’t be able to secure a mortgage. The truth is that there are many programs available that let you put down as little as 3%. Those who have served our country could qualify for a Veterans Affairs Home Loan (VA) without needing a down payment. These programs have cut the savings time that many families would...

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Staten Island Home Buyers Gained Traction in April 2019, Stats Reveal

FOR IMMEDIATE RELEASE: WEDNESDAY, MAY 8, 2019 STATEN ISLAND, N.Y. – For much of the country, the first quarter of 2019 provided several disruptive weather patterns that contributed to less foot traffic toward potential home sales. Coupled with low affordability, higher prices and an inventory situation in its infancy of recovering from record lows – not to mention several more days of wintry weather in April – slower sales persisted across most residential real estate markets. However, buyers are beginning to return in force this spring. For well-priced homes in desirable locations, competition is fierce. Newly released April statistics...

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Home Buyers are Optimistic About Homeownership, Survey Finds

When we consider buying an item, we naturally go through a research process prior to making our decision. We ask our friends and family members who have made similar purchases about their experience, we get opinions and insights, and we read reviews online. There’s no difference when considering a home purchase! Most home buyers start by listening to the news to hear what is being said about the real estate market. They check with family and friends about their experience. They spend time online reading reviews about their desired neighborhood. The challenge is that comments from the news and...

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Access Is One of the Most Important Factors in Getting Your House Sold

So, you’ve decided to sell your house. You’ve hired a Staten Island real estate professional to help you through the entire process, and they have asked you what level of access you want to provide to your potential buyers. There are four elements to a quality listing. At the top of the list is access, followed by condition, financing, and price. There are many levels of access that you can provide to your agent so that he or she can show your home. Here are five levels of access that you can give to buyers, along with a brief description: Lockbox on the...

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