Now is a good time to buy a home in Staten Island. There are a lot of homes and condos to choose from. You have a number of bank owned and short sales homes on the market also. On these homes, most people are able to purchase a home 10 to 15 percent off their market value. (Market value is not the same as the listed price). The homes that are usually bought around 25 percent or more off their market value are usually homes that needs a lot of work or is in an undesirable neighborhood. I do get a number of request for foreclosed homes because of the news and commercials. I have yet to see a $500,000 house sell for $50,000 yet though. Empty lots sell for more than that. With more adjustable rates mortgages coming into play this year and higher costs for everything due to oil prices, unfortunately it seems like the bank foreclosed homes and short sales homes will continue. To view homes that are available visit http://www.SIHomeBuyersOnline.com. You can also visit http://www.StatenIslandHomesearch.net.
Retired - Irondequoit, NY
Creative Real Estate Solutions...
Mountain Country Realty - Lake Arrowhead, CA
Hey Jerome - Welcome to Active Rain and congrats on your first post. Be sure to spend some time looking around at what and how others are blogging here. It is a great education and lots of fun. Looks like you're off to a great start...keep it up!
May 26, 2008 02:47 AM
Keller Williams Realty Simi Valley - Simi Valley, CA
Simi Valley Real Estate Agent
Welcome to Activerain. Congratulations on your first post. That is a great way to start. Make sure to get around and check out other blogs so you can cut the learning curve!
May 26, 2008 02:57 AM
Exit Realty Associates - Staten Island, NY
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...
Hello,
I would like to welcome you to Active Rain!
I hope to see more of your blogs in the future!
Educate us, learn from others and don't forget to have a little fun while you're at it!
Take care!
May 26, 2008 08:23 AM
Cascades Sotheby's International Realty - Sunriver, OR
Broker, CDPE
Welcome to Active Rain ~ I see you have the blogging thing figured out. Enjoy, this is a fabulous tool
May 26, 2008 10:41 AM
Keller Williams Realty - Greenville, SC
Homes For Sale Greenville SC
Hi Jerome,
Welcome to Active Rain! This is a great forum for learning as well as sharing. Go check out some blogs, join some groups, and enjoy! Watch out though - it's addictive!
I look forward to reading more of your future posts.
May 26, 2008 12:04 PM
Keller Williams Greater Omaha - Omaha, NE
Welcome to ActiveRain!
If you would like a few tips on getting the most out of ActiveRain, please visit my blog Welcome to Active Rain. It has a few simple steps of what to do now that you have joined.
If you ever have any questions, just let me know.
Troy Trumm
May 26, 2008 01:26 PM
KEIRE Realty Group - Manassas, VA
Principal Broker/Owner
Hello Jerome,
Welcome to Active Rain and congrats on your first post! The opportunities to learn and network are incredible here. Best of luck to ya!
-Keith
May 26, 2008 03:40 PM
The Mortgage & Property Connection - Campbell, CA
Silicon Valley Real Estate
Welcome to the Rain, make sure that you browse the site and become familiar with everything this site has to offer. The more you browse the more you will learn. I have found this site to be really helpful to me. If you have any questions, please don't hesitate to email me, I will do whatever I can to help.
May 27, 2008 03:02 AM
Charlottesville Solutions - Charlottesville, VA
Broker, GRI, CDPE
I see that you are new to Active Rain and I just wanted to welcome you. I hope that you enjoy it as much as I do and that you find it a great resource.
May 27, 2008 07:16 AM
Comments (11)Subscribe to CommentsComment