Tom Crimmins Realty Blog - tom crimmins realty

Real Estate Word of the Day: Under Contract

Real Estate Word of the Day: Under Contract

When a buyer identifies a property they're interested in, the first step is to make an offer. Once the seller accepts the offer, the property transitions into the under contract phase. This period is often a time of anticipation and optimism for both parties involved. Being under contract essentially means that both the buyer and seller have agreed on the terms and conditions outlined in the purchase agreement. This agreement typically includes details such as the purchase price, closing date, and any contingencies that must be met for the sale to proceed smoothly. 

Contingencies, often included in the contract, are conditions that must be satisfied for the sale to move forward. Common contingencies…

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What to Look for When Purchashing a Home

Main Factors to Consider When Purchasing a Home

A home is a long-term investment as it can increase in value, gain equity and many other reasons for a home being an investment. When purchasing a home, there are many things that you should look for. These factors can be a good determination of whether the home is a good fit and whether you should consider making an offer at this house. Some factors to consider while buying a new home are as follows:

• Price of the property
• Location of the home
• Main Functions the home provides
• Size of the property
• Structure of the property Design and upgrades
• Home Type and Style
• Condition of the home
• Safety of the neighborhood

The following factors are significant when looking…

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Real Estate Word of the Day: Inspection

Real Estate Word of the Day: Inspection

A home inspection is a thorough examination of a property's condition, typically conducted by a licensed and qualified home inspector. The primary objective is to provide a comprehensive assessment of the property's structural integrity, safety, and overall condition.

This process involves a detailed examination of various components, including:

• Structural Components - Inspectors evaluate the foundation, walls, roof, and other structural elements to ensure they are sound and free from defects.
• Mechanical Systems - This encompasses the inspection of heating, ventilation, and air conditioning (HVAC) systems, plumbing, and electrical systems to guarantee they function correctly.
• Interior and Exterior…

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Real Estate Word of the Day: Will

Real Estate Word of the Day: Will

A will is a legal document that outlines your wishes regarding the distribution of your assets and the care of your dependents after your passing. While many associate wills primarily with financial assets, they play an equally pivotal role in the realm of real estate.

Real estate is a substantial component of many individuals' estates, encompassing homes, lands, and commercial properties. It is crucial to address these assets explicitly in your will to avoid complications and disputes among heirs.

Key Components of Wills

• Clearly stipulate how you wish your real estate holdings to be distributed. Specify who will inherit each property, taking into account the unique circumstances of your beneficiaries.
• …

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Willowbrook, Staten Island

All about the Staten Island neighborhood Willowbrook

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, Willowbrook. This neighborhood is home to the Mid-Island & the zip code 10314. Situated immediately south of Port Richmond, it is west of Meiers Corners and…

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Holiday Activities to do in Staten Island

Holiday Activites to do in Staten Island

New York City is known for their atmosphere during the holiday season with different cuisines, pop-up bars, light shows, Christmas trees to see! New York combines the holiday spirit with the festive atmosphere to bring everyone including residents and visitors a holiday experience to remember! Especially living in Staten Island during the holidays gives the residents here multiple different things to do. Living close to the city allows and gives residents multiple options when trying something to plan something to do that is holiday related. Some different holidays events to do in Staten Island and New York City include:

• Visiting Rockefeller Center
• Dyker Heights Holiday Lights
• Radio City…

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Westerleigh, Staten Island

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

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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West New Brighton, Staten Island

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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Sunnyside, Staten Island

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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