Found 706 blog entries tagged as selling.

All about the Staten Island neighborhood Westerleigh

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, West New Brighton. This neighborhood is home to the North Shore & the zip code 10301, 10302, 10310 and 10314. Its borders are as follows: Castleton Corners to the…

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Real Estate Word of the Day: Days on Market

In real estate, the phrase Days on Market (DOM) is a key indicator that represents the number of days a property has been listed for sale before going under contract. It's a vital metric for both buyers and sellers as it reflects the property's appeal and the efficiency of the real estate market in a specific area..

The Importance of Days on Market
  • Property Desirability: A shorter DOM generally suggests higher demand for a property, indicating that it is attractive to potential buyers. Conversely, a prolonged DOM may raise concerns about the property's appeal or pricing strategy, prompting buyers to investigate further.
  • Market Conditions: DOM can be a reflection of the overall health of the real…

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All about the Staten Island neighborhood West New Brighton

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, West New Brighton. This neighborhood is home to the North Shore & the zip code 10301 and 10310. The neighborhoods of Sunnyside and Castleton Corners are…

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All about the Staten Island neighborhood Sunnyside

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Sunnyside. This neighborhood is home to the North Shore & the zip code 10301. Originally, Sunnyside consisted of farms on both sides of Clove Road. The Vanderbilt…

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All about the Staten Island neighborhood Travis

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Travis. Its borders are as follows: the William T. Davis Wildlife Refuge to the east, the Fresh Kills to the south, the Arthur Kill to the west, and Meredith Avenue…

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All about the Staten Island neighborhood Tottenville

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Tottenville. This neighborhood is home to the South Shore & the zip code 10307. It is the westernmost neighborhood in New York City and the southernmost community…

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All about the Staten Island neighborhood Tompkinsville

Staten Island is broken down into 14 different zip codes from 10301 to 10314 and into 67 different neighborhoods. Throughout this series of blogs, we will be discussing each and every neighborhood on Staten Island as well as breaking down the history, what stands there today and transportation and what community district it falls into. Staten Island is broken up into three different community districts which are: North Shore, Mid-Island, and South Shore.

Today we will be breaking down all the history about the Staten Island neighborhood, Tompkinsville. This neighborhood is home to the North Shore & the zip code 10301 and 10304.Northeastern Staten Island in New York City has the neighborhood…

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Real Estate Word of the Day: Trust

A trust is a legal arrangement that involves the transfer of assets from one party to another for the benefit of a third party. The key players in a trust are the settlor (the one who establishes the trust), the trustee (the individual or entity responsible for managing the trust), and the beneficiary (the party for whom the trust is created). Now, you might be wondering, "What does this have to do with real estate?" Well, the intertwining of trusts and real estate is more common than you might think. Let's explore the ways in which trusts can be leveraged in the real estate arena.

Trusts offer a strategic avenue for passing on real estate assets to heirs seamlessly. By placing properties in a trust, individuals…

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Real Estate Word of the Day: Offer to Purchase

An Offer to Purchase is a formal, written proposal from a potential homebuyer to a seller. It outlines the terms and conditions under which the buyer is willing to purchase the property. This document is not a one-size-fits-all contract but rather a flexible instrument that can be tailored to suit the unique aspects of each real estate transaction.

Components of an Offer to Purchase
  • Purchase Price: The financial cornerstone of the offer, specifying the amount the buyer is willing to pay for the property.
  • Deposit: A demonstration of the buyer's commitment, the deposit is a sum of money that accompanies the offer. If the offer is accepted, this deposit is typically held in escrow until closing.

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Real Estate Word of the Day: Lien

lien is a legal right or interest that a lender has in another's property, granted until a debt or obligation is satisfied. In the context of real estate, a lien is often associated with mortgages, but it can take various forms.

Liens are typically recorded on the property's title, and a clouded title can complicate the sale of a property. Prospective buyers may be hesitant to purchase a property with outstanding liens. If a homeowner defaults on a mortgage, the lender may initiate foreclosure proceedings, potentially resulting in the loss of the property. Liens can affect the financial health of property owners. Unpaid debts or unresolved liens may lead to legal consequences and impact credit scores.

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