Islip Terrace, NY Real Estate News

By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Questions to Ask Suffolk County, NY Mortgage Lenders When prospective homebuyers in the Islip Terrace, NY area are looking for a mortgage broker, there is one company they know that they can count on for over 30 years: The Mortgage Outlet.  Offering decades of experience and an outstanding reputation, we have helped countless Suffolk County residents secure the financing they need to purchase their homes. Whether you’re a first-time homebuyer or you’ve owned a home before and you’re looking to purchase or refinance another property, when you choose The Mortgage Outlet, you can have confidence knowing that you’re working with one of the best mortgage lenders in the Suffolk County, NY area. So, you have a house in Islip Terrace that meets all your needs and it’s in your price range. You h...
Comments 1
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
The Mortgage Outlet  has noticed that many first time home buyers come to us confused by the various first time home buyer programs availble in Islip Terrace New York that are available to them for financing their first home.  This is due to the multiple changes that the Federal Government has made to the mortgage industry making it harder and more confusing then every.  Hopefully our short video will show some of the new programs that might be available to help you get your dream home in Islip Terrace New York.   We look forward to answering any questions you might have, you can reach me directly on my cell at 631 767 8948 or at the office at 631 589 3600.  
Comments 0
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Purchase Renovation Mortgage in Islip Terrace, NY 11752   Not your dream home, make it into your dream home with a Homestlye Renovation Mortgage which enables the borrower to obtain a purchase transaction mortgage and receive funds to cover the costs of repairs, remodeling, renovations, or energy improvements.   Receive 50% of the completed home value for renovations.  There are no required improvements or restrictions on repairs/ renovation and no minimum dollar amount.  You can even get that pool you always wanted. This renovation Mortgage provided by The Mortgage Outlet is available for 1-4 Unit Primary Residences 5% Down Payment 1 Unit Second Home 10% Down Payment 1 Unit Investment Property 20% Down Payment Find a house in the perfection location but needs improvements, let me help ...
Comments 0
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Current mortgage lending rates are at record lows in Islip Terrace, New York.  Low rates combined with an FHA insured loan are giving qualified home buyers in Islip Terrace, NY an opportunity to take advantage of the current real estate market.  The Mortgage Outlet has some of the best FHA mortgage Rates in New York State. Call us today to see what you quailfy for 631-767-8948   What is FHA?  The Federal Housing Administration, generally known as FHA, was created in 1934 and is the largest government insurer of mortgages in the world. The FHA insures that loans made by mortgage brokers such as The Mortgage Outlet, would allow greater flexibility for a home buyer to qualify for a loan.  Higher qualifying ratios, less than perfect credit scores and low rates help first-time home buyers an...
Comments 0
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
FHA Mortgage loan programs in Islip Terrace New York   FHA Mortgage Loan Programs in Islip Terrace New York are subsidized by the Federal Governments mortgage insurance program (MIP).These types of loans vary form one lender to another and The Mortgage Outlet can help you navigate these troubled lending times. It is important to that you understand the advantages and disadvantages of this great program and how important it is to be pre-approved prior to you starting your search for your new home.   There are many advantages of Loans offered by the FHA   3.5% down payment, which helps many of today's home buyers Gift funds can be used for down payment and all closings costs Sellers allowed to contribute up to 6 percent towards buyers closing costs Lending limits are higher then conventio...
Comments 0
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
THE MORTGAGE OUTLET would like you to Compare mortgage rates in  ISLIP TERRACE, NEW YORK.  For over 25 years we have been providing mortgage rates equal to most banks with superior customer service.  We charge No Points or Origination Fees.  You are important to us, unlike many lenders, you are assigned one person to work with throughout your entire mortgage process.  Contact DAVID BAILEY at 631-767-8948 to see how much The Mortgage Outlet can save you.   The first step to home ownership in ISLIP TERRACE, NY is to arrange for financing by getting a pre-approval before you begin shopping for your new home.  Getting a pre-approval (as opposed to a pre-qualification, for which your information is not verified) not only takes the guesswork out of whether you qualify for a mortgage, it can m...
Comments 0
By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
 I have noticed that many first time home buyers come to me confused by the various First Time Home Buyers in Islip Terrace New York, that are available to them for financing their first home.  This is just the tip of the ice berg as there is so much industry-specific terminology to learn and understand that the home buying process can be very intimidating to most new comers.I will try to explain in this article the most common First Time Home Buyers  in Islip Terrace New York so that you might better understand the options and requirements more clearly.  As always I am available as a reference if you have more specific questions about how these specific programs might get you your new home.Conventional Loans are typically processed through Fannie Mae and Freddie Mac. Typically they req...
Comments 0
By Andy Yakubovsky, The Answer To All Of Your Real Estate Needs
(Signature Premier Properties)
Homes For Sale In Islip Terrace, New York - 2005-2009 Year End Market Statistics    The Average Days On Market of the Homes For Sale In Islip Terrace - 2005-2009 Year End has been increasing for several years. The Average Days On Market of Homes For Sale In Islip Terrace - 2005-2009 Year End have increased by 68 market days. This represents a 92% increase in the Average Days On Market of Homes For Sale In Islip Terrace - 2005-2009 Year End.   The number of Closed Sales of Homes For Sale In Islip Terrace - 2005-2009 Year End has been steadily decreasing over the past several years. The decrease in the number of Closed Sales of Homes For Sale In Islip Terrace - 2005-2009 Year End is 38 closed sales. This represents a 41.7% drop in the number of Closed Sales of Homes For Sale In Islip Terr...
Comments 0
By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Islip Terrace Real Estate Market Report For Period: 11/1/09 To 11/30/09Homes New On The Market1 Single Family HomesAverage Listing Price: $349,900Low Listing Price: $349,900High Listing Price: $349,900Obviously these numbers will be the same since only 1 home is new to the market. Homes Currently Under Contract4 Single Family HomesAverage Listing Price: $319,717Original Listing Price: $319,717When homes are priced at Market Value, there is not a lot of room for a buyer to negotiate because they know that home is priced right and Islip Terrace is a sought-after place to live. Homes That Closed11 Single Family HomesAverage Listing Price: $359,807Average Sold Price: $347,982Low Listing Price: $289,000Low Sold Price: $285,000High Listing Price: $470,000High Sold Price: $460,000If you would ...
Comments 0
Explore Islip Terrace, NY
Islip Terrace, NY Real Estate Professionals