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fishermans wharf west babylon: West Babylon NY Co-Ops: What Is A Co-Op? - 01/02/11 09:51 AM
West Babylon NY Co-Ops: What Is A Co-Op?Co-ops are more affordable than a single family home for the most part. You own shares, not the unit.
Fisherman's Wharf in West Babylon NY is a Co-op development. This particular development either has lower units or upper units. There are no duplexes.
All co-ops have maintenance fees. That fee includes your share of the property taxes, management fees, landscaping, snow removal, mortgage on the property if there is one, pool maintenance, clubhouse, property insurance, sewer, water, garbage removal, plumbing and electrical inside the walls.
Buyers are less shocked once they find out why … (7 comments)
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fishermans wharf west babylon: Thinking Of Selling Your Country Club Gardens Or Fisherman's Wharf Co-Op? - 09/28/10 11:43 AM
Thinking Of Selling Your Country Club Gardens Or Fisherman's Wharf Co-Op?
Selling your West Babylon co-op is easy when you not only hire a local agent, but an agent that knows the intricate details behind selling a co-op.
I know what both boards require at Country Club Gardens and Fisherman's Wharf. Probably better than most shareholders do. I also lived at Fisherman's Wharf for 6 years and know the development layout very well.
I wrote a post that was geared to buying a co-op in West Babylon but you may find it helpful for when you are ready to sell:
West … (6 comments)
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fishermans wharf west babylon: Country Club Gardens & Fisherman's Wharf Co-ops For Sale & Under Contract As Of 8/31/10 - 09/14/10 09:28 AM
Country Club Gardens & Fisherman's Wharf Co-ops For Sale, Under Contract & Closed As Of 8/31/10
There are 3 co-ops for sale at Country Club Gardens Co-op Development in West Babylon:
There are currently 2 co-op units under contract at Country Club Gardens and 1 under contract at Fisherman's Wharf both located in West Babylon NY:
Selling or buying a co-op is not child's play. Co-ops are a different breed than a single family home. Even though both developments are co-op, the boards for each are different. They have different requirements for buyers and an agent should be well-versed … (0 comments)
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fishermans wharf west babylon: West Babylon NY Coops - The Steps Taken Before Getting To The Closing Table - 07/14/10 08:04 AM
West Babylon NY Coops - The Steps Taken Before Getting To The Closing Table You do not own a co-op. You own shares. You are responsible for the interior. There are rules to follow that have been set up by the co-op board. Some are stringent, others are more flexible. Some close in 90 days. Some in 60. It really depends upon how fast the management company and the co-op board move. Before making an offer on a co-op, make sure your Real Estate Agent knows co-ops and also your Real Estate Attorney. If not, the process could take longer. … (15 comments)
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fishermans wharf west babylon: Fisherman's Wharf West Babylon Real Estate Market Report Month Ending 5/31/10 - 06/01/10 09:32 AM
Fisherman's Wharf Co-Ops West Babylon Real Estate Market Report Month Ending 5/31/10
There were no newly listed co-ops during the month of May.
Under Contract: 1Current Listing Price: $218,900Original Listing Price: $223,9002 Bedrooms1 BathroomDays On The Market: 157Maintenance Fee: $985.97The maintenance fee includes property taxes, heat, landscaping, pool maintenance, underlying mortgage, etc. They are up to 65% deductible but consult with your Tax Accountant.
Sold Units: 2One unit was a 1 bedroom and sold for $176,000 with 60 days on the market.The other was a 2 bedroom and sold for $180,000 with 112 days on the market.
Fisherman's Wharf Co-Ops … (2 comments)
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fishermans wharf west babylon: West Babylon NY Sold Homes Prices For 2008 Thru May 2010 - 06/01/10 07:44 AM
West Babylon NY Sold Homes Prices For 2008 Thru May 2010
2008 was a great year wasn't it?
Sold prices decreased 10.77% in 2009 compared to 2008.
Sold Prices decreased 1% through May 2010 compared to month ending April, 2010. Here is the chart from last month:
The chart below represents average sold prices in West Babylon month to month for 2009:
Recent Posts For West Babylon:
Fisherman's Wharf Co-Ops Real Estate Market Report For Month Ending 4/30/10
West Babylon Real Estate Market Report Newly Listed Homes Month Ending 4/30/10
West Babylon Real Estate Market Report Homes … (0 comments)
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fishermans wharf west babylon: West Babylon NY Sold Homes Prices For 2008 Thru April 2010 - 05/04/10 10:25 AM
West Babylon NY Sold Homes Prices For 2008 Thru April 2010
2008 was a great year wasn't it?
Sold prices decreased 10.77% in 2009 compared to 2008.
Sold Prices decreased 0.96% so far for 2010 compared to 2009. I will be posting these figures once per month so we can all keep an eye on the West Babylon Real Estate Market.
The chart below represents average sold prices in West Babylon month to month for 2009:
Recent Posts For West Babylon:
Fisherman's Wharf Co-Ops Real Estate Market Report For Month Ending 4/30/10
West Babylon Real Estate Market Report … (2 comments)
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fishermans wharf west babylon: Fisherman's Wharf West Babylon Real Estate Market Report Month Ending 4/30/10 - 05/03/10 10:10 AM
Fisherman's Wharf West Babylon Real Estate Market Report Month Ending 4/30/10
Newly Listed In April: 1Listing Price: $209,000# of Bedrooms: 2# of Baths: 1Maintenance Fee: $1,058.20
Fisherman's Wharf Co-Ops West Babylon Real Estate Market Report For The 1st Quarter 2010
Fishermans Wharf Co-ops West Babylon Real Estate Market Report For February 2010
Fishermans Wharf Co-Ops West Babylon - Closed Units For 2009
Search For Co-ops And CondosAbout West Babylon
View Fisherman's Wharf Co-Ops West Babylon in a larger map … (0 comments)
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fishermans wharf west babylon: Fisherman's Wharf West Babylon Real Estate Market Report For The 1st Quarter 2010 - 04/01/10 09:11 AM
Fisherman's Wharf West Babylon Real Estate Market Report For The 1st Quarter 2010
Newly Listed Co-Ops - 3Average Listing Price $204,897
Under Contract - 5Average Listing Price $190,020Original Listing Price $194,760Average Days On The Market - 172
Sold Units - 3Average Listing Price $176,333Sold Price $166,667% Difference 5.5Average Days On The Market - 129
Sold Units For 1st Quarter 2009 - 3Average Listing Price $171,633Average Sold Price $157,333% Difference 8.33Average Days On The Market - 123
Compared to 2009, sold prices at Fisherman's Wharf have gone up. Why? Co-ops are very affordable compared to condos and single family homes. They … (0 comments)
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fishermans wharf west babylon: Fisherman's Wharf West Babylon Real Estate Market Report For February 2010 - 03/01/10 09:46 AM
Fisherman's Wharf West Babylon Real Estate Market Report For February 2010
There were no newly listed co-ops and also no closed co-op units in Fisherman's Wharf for February. Only Under Contract.
In order to live at Fisherman's Wharf, you have to be approved by the Board. That is the last step before going to closing.
Fisherman's Wharf Requirements:
Maximum 3 to 1 Debt-To-Income Ratio (33%)15% down minimum (used to be 20%)Income Requirement: Taking a mortgage - $53,950.00 No Mortgage - $44,141.00
… (0 comments)
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Jackie Connelly-Fornuff Century 21 AA Lindenhurst NY
Lindenhurst,
NY
More about me…
Lindenhurst NY Real Estate Agent
Address: 1596 Straight Path, Lindenhurst, NY, 11757
Office Phone: (631) 226-5995 x 242
Cell Phone: (631) 703-0201
Email Me
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