Search Elmont New York Short Sale Listings Guide-January 29 2011
Elmont, New York 11003
The Search Elmont, New York Short Sale Listings Guide-January 29 2011, is a weekly report to assist prospective home buyers and sellers in the purchase or sale of Elmont New York Short Sales and Elmont New York Real Estate.
The report provides free multiple listing property search, Elmont New York Short Sale information and short sale data. Elmont, New York Short Sales are also broken down by price range to give purchasers an idea of the number of short sales available.
According to the National Association of Realtors Short Sale Basics, "A short sale is a transaction in which the lender,or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in others the homeowner must make arrangements with the lender to settle the remainder of the debt.
A short sale can also be the best option for a homeowners who are "upside down" on mortgages because a short sale may not hurt their credit history as much as a foreclosure. As a result, homeowners may qualify for another mortgage sooner once they get back on their feet financially".
While a Baldwin New York Short Sale can represent a "bargain" for buyers, there are many potential pitfalls that buyers should prepare for. Thinking of Making an Offer on a Short Sale, an article published bt the National Association of Realtors, provides a roadmap to a successful Baldwin New York Short Sale purchase.
Elmont homes sold information is also provided to prospective home buyers and sellers to aid in determining property value. Information on the Elmont Union Free School District is also provided.
Elmont, New York homes sold information is also provided to prospective home buyers and sellers to aid in determining property value. Information on the nationally recognized Elmont Schools is also provided.
The hamlet of Elmont is located in the Town of Hempstead in Nassau County, New York. Elmont, New York is the home of the Belmont Stakes, the third jewel of the Triple Crown, and was also where Heisman Trophy Winner and NFL Quarterback Vinny Testaverde grew up.
Elmont, New York Short Sales
As of January 29, 2011, there were 216 Elmont, NY homes for sale. Of the 216 Elmont, NY homes for sale, there are 62 Elmont, New York short sales. The median list price is $300,000.
The largest group of Elmont NY Short Sales by price range are in the $250,001-$300,000 band. There are 19 homes available in this band.
The three month period October 30 2010 to January 29 2011, accounted for 36 of the 198 home sales. The median sales price for this three month period was $284,983. Of the 36 home sales, 6 were Elmont New York Short Sales. The median Elmont New York Short Sale price was $260,000.
Located on the Queens/Nassau border, the Elmont Union Free School District is comprised of six elementary schools providing a comprehensive pre-k to sixth grade program for children from varied backgrounds and international origins.
The six elementary schools are
Elmont Memorial Junior-Senior High School is part of the Sewanhaka Central High School District. Junior high school students, grades 7 and eight, and high school students, grades 9-12 are located on the same campus but in separate buildings. Elmont Memorial Junior-Senior High School has been recognized statewide and nationally for excellence in education. Among the awards obtained was the United Sates Department of Education National Blue Ribbon District of Excellence award as part of the Sewanhaka Central High School District.
Data Source: Multiple Listing Service of Long Island
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