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S&D Residential and Commercial Real Estate Blog

3 Factors You Must Consider Before Buying a Home

Posted by Collin McGorty on Feb 14, 2018 9:00:00 AM

So you’re finally ready to start seriously considering buying a home. With spring right around this corner, there isn’t a better time to purchase. Whether you’re buying a first home or looking for an upgrade, the acquisition of residential real estate is a long process with many steps along the way. Here’s a few major priorities that you must accomplish before closing any deal.

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Topics: Buying, Mortgage, buying a house

What are the Most Common Tax Benefits Available to Homeowners?

Posted by Collin McGorty on Jan 24, 2018 9:00:00 AM

Buying a residential property will likely take a considerable hit on your wallet—but luckily, there are a few financial advantages available to homeowners. Depending on certain factors like your finances, mortgage and property, you may be entitled to receive certain tax deductions that could save you significant funds. Here are a few common tax benefits that you can take advantage of.

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Topics: residential real estate, Mortgage, interest rate, buying a house

What to Expect from the 2018 Housing Market in America

Posted by Collin McGorty on Dec 27, 2017 9:00:00 AM

With every New Year, there comes innovative real estate trends and patterns that define the nation’s housing market. As a consumer, you must always have your ear to the ground and stay up-to-date with what’s happening in real estate. If you’re considering buying, selling, renting or leasing a property this year, here’s what to look out for and expect from the 2018 housing market in America.

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Topics: Buying, residential real estate, Selling, millennial home buyers, buying a house

Is Buying a Foreclosed Property Really Worth it after all?

Posted by Collin McGorty on Nov 15, 2017 9:00:00 AM

In the past few years, many Americans have been snatching up foreclosed properties at record prices, especially because they’re usually sold far below the market rate. You’ll be hard pressed to find a property that’s bigger, more centrally located and with more potential for the same deal. However, with the seemingly endless number of pitfalls associated with foreclosures, is buying one really in your best interest?

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Topics: Buying, foreclosure, foreclosure properties, buying a house

How First Time Buyers can Start Saving for a Home

Posted by Collin McGorty on Oct 4, 2017 9:00:00 AM

Once renters decide to make the jump towards owning a home of their own, they must figure out if they could actually afford a down payment. There’s no point in even looking at homes until you know what you can afford! So, to help expedite owning your dream home someday, check out these tips that will assist you in saving for a home.

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Topics: Buying, residential real estate, buying your first home, buying commercial real estate, buying a house

Is a Starter Home Worth it for First Time Buyers?

Posted by Collin McGorty on Sep 6, 2017 10:00:00 AM

When young professionals are looking to transition from monthly rentals to owning a property of their own, they usually buy small-scale, affordable properties, rather than a “forever home.” However, a beginner home or condo isn’t exactly a minor expense by any stretch of the imagination. That’s why it’s extremely essential to sift through the facts and dispel every myth before deciding that a starter home is the best decision for you.

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Topics: Buying, residential real estate, buying a house, starter home

What are Tiny Houses? Behind the Latest Real Estate Craze

Posted by Collin McGorty on Jul 19, 2017 10:00:00 AM

As the years go by, we see so many different fads and trends in real estate. Some stick, others fall by the wayside. Some are huge, market-shifting breakthroughs; others are small-scale concepts. Perhaps none smaller than tiny houses, America’s most recent real estate fascination. If you aren’t familiar with how this viral sensation came to be, then perhaps you need to catch an episode of HGTV’s “Tiny House Hunters” to see what it’s all about.

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Topics: Buying, residential real estate, buying a house, tiny houses

New House Tasks to Complete before the Final Moving Date

Posted by Collin McGorty on Apr 27, 2017 10:00:00 AM

No one ever said that moving was easy. Besides all of the work that goes into drawing up a contract and the closing date, certain necessary tasks might be forgotten about entirely. Luckily, we’ve compiled a checklist of everything you need to accomplish before moving into your new house.

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Topics: moving, moving checklist, buying a house, new house

Proven Home Security Tips to Ensure Safer Long Island Living

Posted by Collin McGorty on Apr 6, 2017 10:00:00 AM

Protecting your home is essential for ensuring the safety of your family and possessions. When you buy a new home, there are certain preventive measures and actions that you can take to safeguard it. Check out these home security tips so you can fortify your living space the right way.

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Topics: residential real estate, buying a house, home security

How Does an Escrow Account Actually Work?

Posted by Tom Hallissey on Feb 3, 2017 10:00:00 AM

If you are a home buyer, you are likely to have an escrow account, either by choice or as a home loan requirement. However, it is just as likely that you do not know what an escrow is or how it actually works. If you are shopping for a home, you will want to know everything there is to know about these helpful accounts.

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Topics: Mortgage, buying a house

Smith & DeGroat Real Estate

Find helpful blogs of both residential and commercial real estate on Long Island. For more questions, feel free to contact us at info@sdnyrealty.com

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