Tom Crimmins Realty Blog - mortgage

The Walkthrough

What to look for during a Walkthrough:

The walkthrough of the home is the last opportunity for the buyers to inspect and observe the home before the closing. During the final walkthrough, the buyers and the agent travel through the house room by room to ensure that the quality of the home is still maintained. The walkthrough gives the new buyer the opportunity to make sure that the seller’s belongings are moved out and the items are not going to be there when they move in.

The final walkthrough is often attended by the buyer and their real estate agent only. They might get assistance from the real estate agent as they go through. What the purchasers should look for during the walkthrough may be better known to an agent. If there is a problem…

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Forest Avenue

All about Forest Avenue:

Forest Avenue located in Staten Island is one of the most popular avenues located across the whole Island. It was State Route 439 in New York. In 1968, this numbered road completely vanished. Even though the number was dropped in New York, it crossed the Goethals Bridge into New Jersey and is still in use as Route 439 in Elizabeth, New Jersey. In order to facilitate transit from the Staten Island Ferry to New Jersey through the Elizabeth Ferry, Forest Avenue, a major east-west thoroughfare on Staten Island, was built.

Today's journey starts in Silver Lake and travels east through crowded sections of northern Staten Island, including a variety of commercial centers, a complex of movie theaters, residential neighborhoods,…

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Home Safety Tips

Ways to Keep Your Home Safe:

When you are a homeowner or renting out, making sure that your home is protected can be very important and the first step to feeling safe. You may avoid common mishaps like falls and be safeguarded against emergencies like fires by keeping your house secure and free of hazards. To keep you and those you love safe, adopt some healthy behaviors around your house.

One safety tip that can protect your home is getting certificates for your home. These certificates protect the home and confirm that the environment is safe to live in. In some countries it is mandatory but it is just a good precaution to get an inspection done to ensure that the electric fittings, appliances, and gas appliances are safe to use, even if you…

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What is Eminent Domain?

What You Should Know About Eminent Domain:

The eminent domain is the right that the government possesses to acquire private property for the use of the public. Since the government takes the private property for public use, a payment of compensation is given to the owners of the property. The eminent domain is involved within the fifth amendment which states that the U.S government is able to use private property or assets that benefit the public domain.

The benefits of eminent domain was making sure that landowners receive appropriate compensation for their property as per their constitutionally protected right is the most crucial aspect of any eminent domain operation. No matter what public advantage results from the condemnation, the…

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Latest Office Listing Changes

Back on Market and Price Reductions on Office Listings:

As we have stated previously on past blogs if the home you are trying to sell has been on the market for a longer period of time than other properties in the region, the realtor may recommend a price reduction. In certain cases, homes have been taken off the market for various reasons, for a number of reasons, a listing may be temporarily removed from the market. The seller could be on a trip and unable to accept any offers while away, for instance. Alternatively, the seller could be remodeling or fixing the house. Listed below are some of our latest office listing price reductions over the past month or listings that were put back on the market.

Back On Market Listing:

215 Hart Avenue…

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Staten Island Movie Theaters

Then and Now Theaters of Staten Island:

Richmond County once had many beautiful old movie theaters that added to the rich culture and environment of Staten Island. By now, almost all of these theatres are closed but we continue to appreciate the film industry by the opening of many new theaters on Staten Island today.

The Palace Theater: This theater was located on 300 Broadway, in the West New Brighton section of Staten Island. I believe the theater opened in 1924. It is said that first run movies were featured there. It closed when television became popular and more people were staying home to watch television. Money was a consideration at the time this theater was open.

The Empire Theater: This theater was located on 3094 Richmond Terrace,…

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St. George Theatre

The History of St. George Theatre:

One of the main attractions on the North Shore of Staten Island is the St. George Theatre. The St. George Theatre is a major performing arts venue. This staple venue was built in the year of 1929 on December 4th. It is an arts venue, picture palace and office complex located at 35 Hyatt Street. This 2 million dollar theater can hold up to 2,800 people and is a must see place while in Staten Island.

In 1928, construction first began. Following the construction this theatre had its fair share of owners and shows that were shown during their time. Solomon Brill, who operated six other theatres on the Island and in the wider New York region, had the theater constructed for him. He pledged to bring world-class…

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What is a Title Search?

The Importance of a Title Search:

When it comes to purchasing a home, a title search is a main thing that goes into the process of purchasing a home. A title search is a particular kind of search that reveals all the information on the title of your house. The results of the search will reveal the true owner, the existence of any tax liens against your property, and any other relevant information. This search confirms the ownership of the property and examines the public record of the home.

For a title search in the state of New York, title agencies may charge anywhere between $150 and $500. As an extra measure of protection against any possible issues following the closing, almost all lenders will want title insurance; this is often paid for…

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Cost of Selling Your Home

How Much it is to Sell Your Home:

If you are thinking about selling your home soon or even after the expensive holiday season that is right around the corner. There are costs you should be aware of that come in hand with selling your home. It all goes hand in hand with the decisions you choose to make in the process of selling. If you want to redo parts of your home or even repaint, you will need to spend a little extra money. You may even need to pay realtor fees, attorney fees, transfer taxes, and all of the other expenses while selling your home.

Although the market may be hot right currently, with over-ask bids and bidding battles becoming the norm, many potential home sellers are unaware that selling their house still incurs fees. Some…

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Dual Agency

Pros and Cons of Dual Agency:

When it comes to Real Estate, there are many terms always being thrown around when you are working with an agent. As someone who could be new to the world of real estate all these worlds and phrases getting thrown around could be overwhelming. Today we are going to discuss what a Dual Agency is.

The Dual Agency is when both the seller of the property and the buyer of the property use one agent to represent the both of them. In New York State, dual agency is acceptable as long as the requirements for written disclosure are satisfied. All real estate brokers and agents must expressly disclose to the buyer, seller, or both of the transaction in New York. Dual agency allows the process to go smoothly since only one…

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