What You Should Know About The Different Types of Mortgage Loans Before Becoming a Homeowner

When it comes to buying a home, the whole process may seem quite overwhelming as a first time homeowner or a homeowner moving for the first time in years. There is plenty to read up on when it comes to types of mortgages. Consider your kind of application before choosing a mortgage, whether you're a first-time buyer, downsizing, or refinancing. There is a lot to figure out based on weather you want a conforming loan or a non-conforming loan, here is a quick and simple rundown on the difference between conforming and non-conforming loans. 

Conforming Loans: is one that fits the Federal Housing Finance Agency's (FHFA) monetary restrictions as well as…

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The Benefits of Buying a Ranch Style Home

When debating on what style home to buy, most do not think of ranch style homes. However, if you are an empty nester or a couple looking to buy their forever home then a ranch style home is the one for you to purchase. There are various reasons as to why this style of home may be the one for you. Let's first start with what a ranch style home is.

Classic ranch style houses are single-story homes with an open floor plan and a designated patio area. Long, reduced rooflines and wide windows at the front of the home are common features of ranch home designs. Ranch style homes come in a variety of shapes. In simple terms, all rooms are located on one floor.

The reason many buy a ranch home is because…

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Staten Island's Very Own Purchase the Kennedy Boat

Two members of the Saturday Night Live cast, Pete Davidson and Colin Jost, took part in an auction in which a group of investors bought $280,100 for a disused ferry boat in the hopes of "restoring a piece of New York." Pete and Colin were members of a partnership that won the auction with the winning offer. Davidson and Jost teamed up with Paul Italia, the owner of a comedy club who is best known for his real estate career, in which he has been a top producer for the past seventeen years. Italia was the one who performed all of the group's bidding.

The group of purchasers has been described as a collection of like-minded New York City locals, with Davidson and Jost becoming involved because…

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NYC’s First Outlet Mall; BFC’s Empire Outlets, heads into Foreclosure

Empire Outlets is an outdoor retail mall on Staten Island's north shore. It boasts an oceanfront view and is directly next to the ferry. Unfortunately, the BFC partners and major lenders at Goldman Sachs and Sterling National Bank have all decided to foreclose on the property.

The 340,000-square-foot mall will remain open for the time being, but due to the pandemic, the project began missing loan repayments to the New York City Economic Development Corporation around the midpoint of 2020, with more than half of its storefronts remaining vacant and ferry rides to the island at an all-time low, down 65 percent from the previous year.

While the empire outlets may appear…

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Former Real Estate Agent and Now CEO Gives Back to the Staten Island Community Once Again

SG Blocks “reduces the cost and carbon footprint of any construction project.” They build greener with their 100% recycled and repurposed materials, they also have a fast turnaround time as their construction period is reduced by 40%. They build for less; SG Blocks projects end up saving you 10 to even 20% on construction costs. The CEO of SG Blocks is Paul Galvin, a Staten Island resident who brings 25 years of experience in real estate and developing projects. Galvin’s real estate experience includes residential condominiums, luxurious sales, market rate, and low-cost rental complexes.

Due to Paul Galvin’s persistence and his hard work, his company was…

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RESIDENTIAL - SINGLE FAMILY - DETACHED FOR SALE IN SUNNYSIDE

67 MARX STREET

THIS HOUSE FOR SALE CAN BE FOUND ON OUR WEBSITE TOMCRIMMINSREALTY.COM AS WELL AS NYC.FLEXMLS.COM (MULTIPLE LISTING SERVICE)

     Welcome to 67 Marx Street! This is a lovely detached home located in Sunnyside, Staten Island. Sunnyside is a fantastic residential area, a friendly neighborhood close to parks, and close to many ammenities. This house is situated only a few exits away from the Verrazano bridge.

This is an 11 room home with 4 bedrooms, 2 full bathrooms, 1 three-quarter bathroom, and 1 half bathroom. The first floor features: A combination dining room, living room, eat-in kitchen, a sun room, family room, 2 bedrooms, and a 3/4 bathroom. Enjoy a relaxing cup or coffee or tea…

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Ways to Improve your Living Room

Have you been looking at your living room wanting a chance but have no clue where to start? Well here are a few tips on how you spruce up the space that work for all types of homes whether you are a homeowner, interior designers or even a prospective homeowner.

Expanding your living room if able can be a place to start. To save energy, living rooms were typically kept small and cramped in the past. However, house purchasers want larger living rooms than before, thanks to the mid-century open floor plan movement and today's desire for greater space. If you can not secure the right permits or this may be out of budget, an alternative can be creating the illusion of a bigger space.

Painting the ceiling…

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Ways to Improve your Dining Room

A dining room is a shared space where people eat, it is frequently close to the kitchen in contemporary times for ease of serving. However, it was commonly on a different level in medieval times. Whether your home was built recently or years ago, there are always ways for you to tidy up and achieve a new look for your space.

Knocking down the ways around the space is always an option, the separation of rooms in old homes is well known. Creating an open floor concept gives room for the home to flow better. Families desire to be together and spend time with one another however, that cannot happen with the cramped feeling of separate rooms. Previously kitchens were built separately due to the fact that the women of…

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Does the Exterior Color of Your Home Matter When Selling?

The exterior color of your home influences buyers a whole lot more compared to the interior of your home. Many purchasers would not want to spend more money after closing on a new home, so neutral color schemes that work with almost anything, such as white, light gray, taupe, beige, tend to have the most appeal to buyers. The exterior color of your home is important as everyone interprets color in different ways, this is called color psychology.

Color psychology is the examination of how different colors influence people's behavior. Varied colors have multiple interpretations, implications, and psychological effects depending on culture. Color psychology is heavily influenced by personal…

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RESIDENTIAL - TWO FAMILY - DETACHED FOR SALE IN NEW BRIGHTON

63 SCRIBNER AVENUE

THIS HOUSE FOR SALE CAN BE FOUND ON OUR WEBSITE TOMCRIMMINSREALTY.COM AS WELL AS NYC.FLEXMLS.COM (MULTIPLE LISTING SERVICE)

Welcome to 63 Scribner Avenue! This is a 2 family detached home that sits on a huge lot. This all brick home has a lot to offer. Hardwood floors are all throughout. The kitchens have been updated with radiant heated tile flooring and stainless steel appliances. The first floor features a dining room, kitchen, living room, full bathroom, one master bedroom, and one bedroom. The second floor features a living room, dining room, kitchen, full bathroom, master bedroom, and a bedroom. The full basement has a three-quarter bathroom and a separate entrance. This house…

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