Showing posts with label Home Buying Tips. Show all posts
Showing posts with label Home Buying Tips. Show all posts

Friday, January 13, 2017

Tips for Selling Your Home in the Winter

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654

home buying tips- home selling tips

Whether you're looking to relocate on Long Island or move away altogether, there is still one big elephant in the room. It's your current home and selling it NEEDS to be your top priority. But at this time of year, the housing market isn't exactly what you would call 'hot,' and this deters a lot of buyers and sellers. But we are here to tell you that you CAN sell in the winter and here's how you can do it»

Spring Looks Better 
In most cases, you don't just up and decide to sell your home on a whim. There's usually months of discussion and contemplation before the final decision is made. So do yourself a favor and take some pictures of your home in the warmer weather so potential buyers can see your landscaping and get a better overall feel for your property. We all know the winter is a dreary looking season.
Maintain. Maintain. Maintain 
It's absolutely critical to go above and beyond with your home maintenance in the winter months. You don't want a potential buyer slipping on some ice or walking into your home when the heat is broken. Make sure you are salting, shoveling and keeping up the outside while you pay a professional to inspect your heating systems. 
Light It Up 
With the sun taking some time off, you should add some extra lighting around your home. Make sure your walkway is lit for open houses and that those bulbs are new and ready to last. This will give your home the look it needs to reel in the perfect buyers. 
Take Advantage of the Slow Season 
While Spring and Summer are definitely the hot seasons, there is no harm in taking advantage of the lesser competition. If you have a wonderful product (your home), it is going to matter what time of year you sell it. If anything, it is only going to help your selling price because there are less homes to undercut you. 
Flexibility is Key 
You need to be understanding of people's schedules and travel restrictions at this time of year. If you had a scheduled showing for 4pm and it's snowing outside, you need to be able to tolerate tardiness. The same goes for an Open House that doesn't get as many visitors as you had hoped. You might just have to wait for a brighter day!

If you're looking to sell a home, that generally means that you are in the market for a new one. When you do find a new home, it might come with those Long Island property taxes that you weren't prepared for. If you feel they're unreasonable, contact P.T.R.C. Inc. and we will be glad to assist you!

To learn more about our tax reduction services, call 516/631-484-0654 or email us at info@ptrc.com. 

Monday, December 12, 2016

Steps You Must Take NOW if You Want to Buy in 2017

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654

home buying tips- tax grievance process

The home buying experience can be stressful, exciting and exhausting all in the same breath. You've reached the point in your life where a home is what you want, but buying is no easy task. Luckily for you, we have been in the real estate and tax space for quite some time and we are going to share you on some of our favorite buying tips! 

Imagine Your Ideal Home
To help get a better idea of what you want, do some house hunting with no expectations first. You'll start to notice that there are things you like about certain properties and some things you like about others. After you've done your research, you should be able to communicate exactly what you're looking for to a real estate agent.
Set a Budget 
In traditional real estate, most homeowners plan to put down about 10% of the purchase price as a deposit. You'll have to plan for the closing costs as well, which are typically about 5% of the price of the property. With this in mind, you should start tracking your spending and see where there is room to save. Eating out less, holding off on clothes shopping and making sacrifices can lead you closer to your dream home! 
Don't Make Any Large Purchases 
If you're in the market for a new home, it is best to leave your credit score alone for the time being. You shouldn't be making any large purchases that could affect your score when it comes time to close.  
Find Your Agent 
The most important thing to remember when you are selecting a real estate agent is that this is YOUR agent. You want to find someone you can relate to and also someone that comes recommended. Ask around and see what your friends have to say about their experiences.
Scope the Neighborhood
The perfect home in the wrong neighborhood is never a good mix. If you don't love the neighborhood before you buy, it is likely that you'll regret the purchase later. The perfect home requires the perfect neighborhood and the more homes you see the more this will become apparent to you.  

Unfortunately, buying a home is only the tip of the iceberg. You'll have to learn how to maintain a home, clean a home and perform the day to day tasks that are required for a good homeowner. But when it comes time to pay your Long Island property taxes, you don't have to go at it alone.

To learn more about our property tax reduction services, call 516/631-484-0654 or visit us on the web!

Wednesday, November 9, 2016

Common Mistakes That Hurt Homebuyers

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654

P.T.R.C. Inc. | Property Tax Reduction Consultants | Home Buying Mistakes
With a new year right around the corner, you may be making big plans for what you'd like to accomplish in the months that follow - is one of those plans to buy a home? Whether it'll be your first home, your second home or maybe your third, we want to remind you how important it is to steer clear of certain mistakes if you want the experience to be as positive as possible. So, with that said, let's take a look at some of the most common that hurt homebuyers so you know what to avoid:

1. Getting emotionally attached.
Many people fall in love with the first house they see, but that doesn't mean it's the right house. By making a promise to yourself to not get too emotionally attached,  you can avoid a lot of disappointment that may occur if things don't work out.

2. Trying to do it all yourself.
It's one thing to go to open houses and search around on the web, but at the end of the day, working with a professional is always recommended! After all, they're highly trained in what they do, so they can answer any questions you have and guide you in the direction that is best for you.

3. Forgetting about closing costs.
Your down payment is not the only payment you'll make before you move into your new home - there are closing costs to prepare for too. Many times, though, homeowners forget about this detail, and thus budget for all of their money to go towards the down payment - this, however, can lead to some pretty big issues when it comes time to address closing costs!

4. Not knowing your credit score.
Your credit score plays a big role in things such as what loans you'll be eligible for, and not having any idea of what yours is can put you in a pretty sticky situation. Before you even begin to look at houses, it's a good idea to review your score so that you can gauge what type of loans you'll be approved for.

5. Failing to get pre-approved.
Even when you know what you can afford, it's always a good idea to get pre-approved before starting to look and make offers. This is important because it shows the sellers just how serious you are, and it also shows that you truly can afford what they're asking/what you're offering!

Once a deal has been made and you're all settled in to your new home, we have another mistake that we certainly don't want you to make - not filing for a tax grievance. If you think you're overpaying in property taxes, there's a good chance that you are, and filing for a tax grievance can let you know if you're eligible for any reductions and refunds! Remember, the worst you can be told is no.

For those of you living on Long Island, we would be happy to help you with the grievance process. To learn more, visit us at www.ptrc.com or give us a call at (516)/(631) 484-0654; emails can also be sent to info@ptrc.com.

Tuesday, July 12, 2016

Questions To Ask Before Buying A Home

Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500 
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654

Regardless of how experienced you are with home buying, each of your house hunting journeys are bound to be a bit different - sometimes the process will be quick and simple, and other times the process may be long and challenging. But, no matter what turn of events you experience along the way, one thing that can help you be a little more prepared is by having the right questions ready.

If you're ready to start looking for a new home, below are the top 5 questions we recommend asking before signing.

Property Taxes Long Island | Homes on Long Island | P.T.R.C. Inc.

1. What are other homes in the neighborhood worth?
To determine if the seller's asking price is an accurate representation of what the home is worth, start by learning what other homes in the area have sold for. If the asking price doesn't seem to line up with neighborhood comps, your next question should be, "why?" What is it about this particular home that is causing the price to be higher or lower?

2. How long has the home been up for sale?
The answer to this question will not only help you figure out if the price is reasonable, but it'll also help you figure out if there is something about the home that hasn't been discussed yet. For example, if the home has had trouble selling even though it's listed at a fair price, what is it about the home or the neighborhood that is keeping buyers away? If, on the other hand, it's only been on the market for a short period of time, you should then try to find out how many offers have been put in to see what the competition is like.

3. Are there any major problems to be aware of?
The seller probably won't be in a rush to let you know about problems they've experienced in the home - after all, the goal is to sell the house, not keep it - but if you make the first move and ask, you're more likely to get the information you're looking for. That said, don't hesitate to open up a dialogue where you ask about things such as flooding potential and structural issues, as well as information about the neighborhood itself.

4. Do you have warranties on recent updates?
Say, for example, that the current homeowner recently updated the heating and cooling system - if something goes wrong a few months or a year from now, you'll want to know if you're covered! So, find out what updates have been made to the home in the past few years and ask if there are any warranties in place so that you can determine what repair and replacement costs you might be responsible for down the line. 

5. How is the school district?
Aside from information about the home itself, you'll certainly want to dive into a conversation about the neighborhood - starting with the schools. Even if you don't have children that will be entering the district, if you ever go to sell the home in the future, you can bet that buyers will be looking for a home in an area with top-of-the-line school systems. While you can likely find some information about a school district's rating online, it's always helpful to get direct insight from the seller too - especially if they had children who went through the schools.

For those of you with aspirations to purchase a home on Long Island, after the sale is complete and you start to learn more about things such as property taxes, connect with the experts here at P.T.R.C. Inc. to learn how we can help. Since 1990 we have been helping homeowners in Nassau and Suffolk County reduce their property taxes, and we'd love to be able to help you next!

To learn more about our services, please visit www.ptrc.com or call (516) or (631) 484-0654.