realtor: She/He Who Finds The First House We Like Gets The Commission - 05/16/10 04:12 PM

She/He Who Finds The First House We Like Gets The Commission
Buyer's Agents work their tails off to find their clients the home of their dreams. They spend countless hours searching for homes online and previewing homes without you so your time is not wasted.
So, when you tell us you don't want buyer representation you mean the following:
You don't want us to research area home sales in order to get you the lowest price possible. You don't want us to negotiate for you to get you the lowest price possible. You don't want us to give you information … (125 comments)

realtor: Long Island Storm Aftermath of 2010 - 03/20/10 09:25 AM
Long Island Storm Aftermath of 2010
As I drove around the day after the storm, I was amazed to see how 1 home was untouched, and another home had trees on top of the roof.
Some blocks were closed due to power lines being down. LIPA stated they ran out of transformers. Imagine that? This past Tuesday there were still 20,000 LIPA customers without power.
Here are some photos of what the storm left behind....
Corner of Grand Avenue & Muncy in Lindenhurst, NY - Most stops signs were untouched but this one.
The rest of the pictures are from our … (6 comments)

realtor: Losing Your Home In The Town of Babylon? Feeling Helpless? Let Me Help You Sell Your Home As A Short Sale! - 03/20/10 01:45 AM

Losing Your Home In The Town of Babylon? Feeling Helpless?
Let Me Help You Sell Your Home As A Short Sale! You are behind in your mortgage payments. You feel trapped and helpless. You are tired of getting phone calls and letters from the bank that holds your mortgage. Above all, you feel like you let down your family and yourself. Losing a job, getting divorced, suffering an illness is why homeowners can't pay their mortgages. After months of not paying, some give up their homes to foreclosure. It doesn't have to be that way. As of now, a … (2 comments)

realtor: Finding A Realtor To Help Sell Your Home In Babylon, West Babylon & Lindenhurst Long Island, Isn't Rocket Science... - 03/11/10 01:00 AM
Finding A Realtor To Help Sell Your Home In Babylon, West Babylon & Lindenhurst Long Island, Isn't Rocket Science... A Realtor works for you, the seller, plain and simple. Here are some things that are crucial in getting your home sold:
My job is to make sure you get 12 pictures of your home into our local MLS system. Not 1, 3 or 6, but 12. They are to be clear and  they have to showcase each room. If a picture is too close-up, like just showing a bed and not the rest of the room, it won't give a … (11 comments)

realtor: Short Sale Federal Program To Start April 5th, 2010 - 03/08/10 07:45 AM

Short Sale Federal Program To Start April 5th, 2010
For those of you that do not know, the Obama administration is trying to encourage home owners to take the short sale route to avoid foreclosure.
In short, (no pun intended :)) a short sale is when you have to sell your home for less than what you owe on your mortgage. It's also better on your credit than a foreclosure. As of now, it will take 3 to 5 years before you can get a mortgage. With a foreclosure, you are looking at, at least 10 years or more before … (8 comments)

realtor: A Realtor That Will Work Hard For You From Beginning To End And Beyond....Call Jackie Connelly-Fornuff - 03/08/10 03:03 AM
A Realtor That Will Work Hard For You From Beginning To End And Beyond....Call Jackie Connelly-Fornuff Today!














No matter what, I'll be with you from beginning to end and beyond. Whether you are buying or selling, deal with a Realtor that knows your needs come first always!

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realtor: Down Payment Housing Assitance On Long Island - 03/03/10 03:18 AM

Down Payment Housing Assistance On Long Island
There are some organizations that assist with down payments, and give mortgage assistance on Long Island. Below are links to these organizations:
Long Island Housing Partnership
New York Down Payment Assistance
Nassau County Down Payment Assistance
Town of Babylon Down Payment AssistanceThe Town of Babylon is not currently accepting anymore applications but check back from time to time.
HUD Down Payment Assistance
I am hoping you find this information useful.
If you need assistance with your home buying needs, please contact me anytime at: (631) 703-0201
Have an awesome day!
(4 comments)

realtor: Fisherman's Wharf West Babylon Real Estate Market Report For February 2010 - 03/01/10 01:46 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
 
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realtor: Babylon Village Real Estate Market Report For February 2010 - 03/01/10 12:59 AM

Babylon Village Real Estate Market Report For February 2010
 
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realtor: North Babylon Real Estate Market Report For February 2010 - 03/01/10 12:39 AM
North Babylon Real Estate Market Report For February 2010
This real estate market report for North Babylon does not include short sale and foreclosure homes.
(0 comments)

realtor: West Babylon Real Estate Market Report For February 2010 - 03/01/10 12:26 AM
West Babylon Real Estate Market Report For February 2010
This real estate market report for West Babylon does not include short sale and foreclosure homes.
When you look at the Days On The Market for homes that sold, that is a long time. Homeowners, if you price your home at market value, your home will sell in under 90 days.
 
 
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realtor: Top 10 Cities with Climbing Home Prices - 02/25/10 08:09 AM

Top 10 Cities with Climbing Home Prices
Home prices aren’t tanking everywhere. In some cities they have bounced pretty high off the bottom, according to a report in Forbes magazine. Altos Research examined data for every U.S. city with at least 100 homes on the market – about 8,000 cities. It identified these 10 cities as having the biggest price increases from the previous year. 1. Lexington, Mass., +36 percent 2. Bay Village, Ohio, +32 percent 3. Sunnyvale, Calif., +32 percent 4. Poway, Calif., +27 percent 5. University City, Mo., +28 percent 6. Ambler, Pa., +26 percent 7. Allison Park, … (9 comments)

realtor: Tax Credit Due To Expire June 30th - Home Buyers and Sellers, What Are You Waiting For? - 02/25/10 12:37 AM

Tax Credit Due To Expire June 30th - Home Buyers and Sellers, What Are You Waiting For?
The tax credit will be expiring on June 30, 2010. Everyone has to be in contract by April 30, 2010. What are you waiting for?
If buyers cannot afford to buy, then of course you can't buy. But the buyers that can afford it now, now is not the time to hold off. Mortgage rates will be going up to 6% by or before the end of 2010. The government seems reluctant to extend the tax credit again. I wouldn't count on it … (0 comments)

realtor: Avi Korine Home Inspector Dix Hills Long Island - 02/22/10 12:31 AM
 Avi Korine Home Inspector Dix Hills Long Island
This past Saturday, my buyers had an inspection scheduled for their co-op purchase. They decided to use Avi Korine because I told them he's very thorough to say the least. He's fair and doesn't overprice repairs that are needed.
Avi was there for just over an hour and this is a co-op! He checked everything. In the end, he gave a detailed verbal inspection report which found nothing major and my buyers are happy. They were also impressed with Avi and were glad they took my advice.
I also had a personal experience … (0 comments)

realtor: Open House Lindenhurst NY 3/13 & 3/14 1:00 To 3:00 Legal 2 Family by CO MLS# 2261996 - 02/18/10 12:56 PM
Reduced to $299,000 … (2 comments)

realtor: Suffolk County Short Sale Market Report 4th Quarter (Oct, Nov, Dec) 2009 - 02/16/10 11:42 AM

Suffolk County Short Sale Market Report4th Quarter (Oct, Nov, Dec) 2009
230 Short Sale homes were placed on the market in Suffolk County, NY during this period.
Average Listing Price: $269,684Taxes: $6,862
Low Listing Price: $45,000Taxes: $280.34
High Listing Price: $1,900,000Taxes: $26,727.25
Suffolk County Short Sale Homes Under Contract for the 4th Quarter (Oct, Nov, Dec) 2009
208 Homes went under contract in Suffolk County, NY during this period.
Average Listing Price: $288,340Original Listing Price: $349,237Taxes: $7,314
Low Listing Price: $95,000Original Listing Price: $28,990Taxes: $2,901.42
High Listing Price: $2,500,000Original Listing Price: $4,750,000Taxes: $18,348.68
Suffolk County Short Sale Homes That Sold … (2 comments)

realtor: Lindenhurst Short Sale Market Report - 4th Quarter 2009 - 02/16/10 11:20 AM

Lindenhurst Short Sale Market Report4th Quarter (Oct, Nov, Dec) 2009
8 Short Sale homes were placed on the market during this period.
Average Listing Price: $324,249Taxes: $8,999
Low Listing Price: $199,000Taxes: $5,999
High Listing Price: $379,000Taxes: $11,691
Lindenhurst Short Sale Homes Under Contract for the 4th Quarter (Oct, Nov, Dec) 2009
6 Homes went under contract during this period.
Average Listing Price: $298,663Original Listing Price: $319,333Taxes: $9,078
Low Listing Price: $230,000Original Listing Price: $230,000Taxes: $6,730
High Listing Price: $419,990Original Listing Price: $489,000Taxes: $11,505
See the difference between the listing price and the original listing price? When Realtors place a short … (0 comments)

realtor: First Time Home Buyers - What Do You Mean My Job Is Done? - 02/09/10 12:23 AM

First Time Home Buyers - What Do You Mean My Job Is Done?
I am currently working with a wonderful couple who are first time home buyers. They were approved for an FHA mortgage and wanted to purchase a condo in the Ronkonkoma area of Long Island where they are more affordable. But, a 40 minute commute at minimum to both their jobs and that is just one way!
Then I got the bright idea of maybe they can afford a co-op since they are cheaper and there are a lot of co-op developments that are closer to their jobs. … (11 comments)

realtor: Luxury Homes on Long Island Market Report 4th Quarter of 2009 & 2008 - 01/28/10 02:21 AM

Luxury Homes on Long Island Market Report 4th Quarter of 2009 & 2008 For Suffolk County
Luxury Homes That Closed in October, November & December of 2009
59 Luxury Homes Sold In 2009Average Listing Price: $2,037,703Average Sold Price:    $1,816,735Average Property Taxes: $17,865Average Days on the Market: 160
Luxury Homes That Closed in October, November & December of 200847 Luxury Homes Sold In 2008Average Listing Price: $1,832,440Average Sold Price:    $1,646,149Average Property Taxes: $17,360Average Days on the Market: 164
The most popular style luxury home is the colonial.
Prices of luxury homes have not come down a lot compared to your average … (4 comments)

realtor: Selling Your Home On Long Island and Market Value - by Jackie Connelly-Fornuff - 01/27/10 12:42 AM

Selling Your Home On Long Island and Market Value
Market value is market value plain and simple. I've had listing appointments knowing a home cannot be put on the market due to the mortgages being higher than market value. Do I cancel that appointment? No. I made a commitment to meet with you and I stand by that commitment. I do know going in that I may disappoint you. I also know you may want to list way above market value but I just will not do that. Why? Because even though you know what market value is and want … (0 comments)

 
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Jackie Connelly-Fornuff

"Moving at The Speed of YOU!"

Babylon, NY

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Douglas Elliman Real Estate in Babylon NY

Office: (631) 703-0201

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