Oct
13
How To Choose A Realtor
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If you’re looking for a real estate agent to sell your home or help you buy a home, the video below talks about how to choose a Realtor.
Note: In the video I may cover a point and go overboard in simplifying the obvious, but I am trying to make an impact on homeowners especially, who choose their real estate agent based on the commission alone. So please give me a little “room to breathe” the obvious as it helps make my point in the video.
Determining Value
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Oct
11
Attention Homeowners: Next 60 Days is Critical To Sell
Filed Under Sellers | Comments Off
This video explains why the next 60 days is critical for selling your home. The graphs below have some of the information covered in the video.
Valuable Information You Need
For Sale By Owner Website Creator Uses Broker To Sell His Home!

Prices

4 Years Of Homes For Sale Nationwide

Bottom Line
You must get your home on the market in the next 5 to 7 days in order to give yourself and your Realtor, a chance at selling before you lose another 6%. Waiting until next year? Why? The long-term hold periods are well over 5 years. It’s a NUMBERS game and the NUMBERS are not in your favor. If you want to retire to Florida or move into a gated community or you want to upgrade or whatever your personal situation is, waiting is not a good option at this time unless you plan to live in your current home for more than 5 to 10 years (yes, 10 years to get back to 2007 price levels – best case scenario).
33,067 residential homes and condos for sale in Suffolk, Queens and Nassau – right now. 74,000 homes in the foreclosure process – right now. As they come to market, these homes, whether they’re a short sale or bank-owned, will lower prices further because they’ll be used in appraisals in the given area(s). 6% loss of equity values over the next 3 to 6 months. Those are the numbers.
The good news is, you can sell your home for more money now and overall, the Long Island real estate market is still up nearly 39% in home values since 2000. Everyone pays attention to how much they’ve lost…but looking at it from the bottom up, rather than top-down, a 39% return since 2000, is blowing away any other investment vehicle out there. I say, cash in on your investment now. The next 60 days is critical.
[Note To Home Buyers: Real estate is a long-term investment. I bought my personal residence in June of 2008 fulling knowing that the value would go down. I plan to own this home for many years, both as a home to live in (now and for the next several years) and in the future (hold on to it and rent it). I have a low interest rate and I love where I live. For the past 3 years, I have had the benefit of a Mortgage Interest Tax Deduction, I've paid down my principal and most importantly, my wife and I have loved every minute of living in our home. So if you read this and don't think it's a great time to buy now - you are missing the point of home ownership and all of its benefits. Lastly, the average net worth of a renter is less than $5,000 approximately whereas the net worth of a homeowner is over $95,000. Buying now, today, is a great decision.]
IF YOU OR SOMEONE YOU KNOW IS HAVING TROUBLE WITH THEIR MORTGAGE – PLEASE VISIT WWW.LONGISLANDSHORTSALES.ORG – Get Informed.
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