“Junk” Fee, Or Legit in a Home Sale?

Serving North County

While "administrative fees" are a relatively new addition to a real estate transaction, the following article calls into question the legality of such fees. Historically, the commission agreed to between a seller and buyer included the administrative aspects of a purchase,...

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Selling Your East End / North Fork of Long Island Home

Serving North County

With a market presenting challenges to sellers of homes on the east end (Hamptons, North fork) of Long Island, the more information, the better. The following link provides ways to improve the home selling experience, with tips on how to...

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The following article appeared recently about down payment assistance

Serving North County

The following article  appeared recently on msn.com, and is the one titled: Keepin' it Real Estate- Sub prime Lending is Back with a Vengeance. The article takes issue with the $8,000. home buyer tax credit, as well as questioning the latitude in...

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Selling Your Home on the East End of Long Island

Serving North County

I had the pleasure of mowing the yard late last week- with all of this rain, it's due again tomorrow- and couldn't help but notice some things that really need to be compiled into a manageable list called "spring chores." Whether...

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East End and Hamptons Real Estate Trouble

Serving North County

We received our east end of Long Island Real Estate Report. The drop in sales volume has been noted in many publications, so is no surprise. What's a bit sobering is the fact that in the first quarter of 2009, Southampton had...

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Buyer Agency North Fork and East End, Long Island, NY

Serving North County

When you're out looking at houses, know your real estate agent. Don't just "like" them...like them because they represent your best interest- then, like them for any number of other good reasons. In any real estate transaction, there are two parties...

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North Fork/East end Long Island Events

Serving North County

When seeking out our favorite spring/summer events on the North fork of Long Island, our go-to is the North Fork Promotional Council.  They have a calender of events here. We missed the Cutchogue Canine Classic last year, but the pics were...

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Pre foreclosure, Lis Pendens Report April 2009 East end, Long Island

Serving North County

The following data was collected from The Real Estate Report, and offers a glimpse into potential distressed properties that may be upcoming: Amagansett, NY: 1; $1.610M Aquebogue, NY: 1; $225k Baiting Hollow, NY: 1; $348k Bridgehampton, NY: 4; $1M; $2.128M; $555k; $130,953k Calverton, NY: 1;...

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North Fork/East End Long Island Home Sales UP

Serving North County

With all of the negative media assaulting the Hamptons market, the North fork of Long Island has seen an increase in sales volume from April 2009 over April 2008. Statistics provided by the MLSLI* offer the following numbers for under contract...

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Short Sale or Foreclosure on the East End, North Fork Long Island

Serving North County

Zach Fox at North County Times writes that foreclosure may be a better option for some struggling homeowners. http://nctimes.com/articles/2009/04/25/business/z096c1b1a5c67baac8825759a00757a6f.txt?ref=patrick.net Short Sale?  Selling with a loan balance that is above market value? Get a lawyer. Real estate agents that have taken a vested interest...

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