Monday, 06 26th

Last updateMon, 30 Jan 2017 4pm

“CAVEAT EMPTOR”? NOT TODAY

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If you buy an old overcoat in a used clothing store and the sales slip states “Sold As Is”, you’ve bought it moth holes and all, right? Well, maybe. This legal principle of “caveat emptor” (let the buyer beware!) is dead or dying. We are living in an age of consumerism and it’s hard to find a court that won’t favor the buyer in a dispute. In fact, consumer groups and many government agencies are taking the posture t

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THINK WITH HEAD - NOT HEART

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Selling a house is emotionally draining. You must size up each situation and make the right move while keeping your emotions in check. You must think with your head - not your heart.
The first thing to keep in mind is that you are selling a house - not a home. It’s important to step back from all the memories and be an impartial observer. Stop using the word “home” when you talk about the “house” you a

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A CAREER IN REAL ESTATE

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Have you ever given thought to a career in real estate?

Did you ever stop to think about the vast number of people who are dissatisfied with their present job?

It’s difficult to imagine people plodding along day after day without the challenge and excitement offered by a profession.

For thousands of men and women, that profession is real estate. it’s a fascinating business which can lead to almost u

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TAX FREE GIFT FOR DOWN PAYMENT

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An often overlooked source for the dollars to make a down payment on a new home is tax free gifts from wealthy relatives.

Let’s say a young couple’s parents (grandparents, etc.) have built up a sizable estate during their lifetime and upon their deaths fully intend to leave a substantial inheritance to the couple. With careful planning, the parents or grandparents could give the couple part of the mon

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PRICING YOUR HOME IN STRONG MARKET

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The inventory is at an historic low and prices are increasing. However, how should you price your property? Most importantly, you need to look at what has sold within the last 3-6 months and take an average sold price of similar homes (that might be challenging to do if you are trying to sell on your own or ask your agent for the more accurate information) You can price a property anyway you want,

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WHY POINTS

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Most people have heard of points but not many understand why points are needed. Here’s a simple explanation:

One discount point is one percent of the loan amount. If the loan amount is $100,000, one point equals $1,000. Now imagine a mortgage banker phoning an investor and saying: “I took two loans today. One is for $100,000 at 7%; the other is for $100,000 at 7.5%. Which one would you like to buy?” T

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WHEN THE PROSPECT ARRIVES

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When one of our agents and prospective buyer arrive to inspect your home, here are a few points to remember:


Greet them courteously then disappear. If you can, leave the house. Don’t tag along. Your presence will inhibit free discussion, making it difficult for the agent to ferret out the buyer’s likes and dislikes.
Avoid having too many people in the house. They can make a buyer feel like an intruder.

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SHOULD YOU ACCEPT FIRST OFFER?

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Many people who sell a house encounter the first offer dilemma. It can involve a trying decision. Sellers often turn it down, hoping for something better, only to find it turned out to be the best offer they received.
This is where the advice of a real estate agent can be particularly helpful. The agent can tell you how realistic the offer is and whether the deposit that accompanies it represent good

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