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Nassau County, NY Real Estate News

By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
Many Realtors went up to Albany on March 27-28.  This was our yearly pilgrimage and ritual to discuss and have a dialogue concerning proposals for new laws and regulations and their effect on real estate.  It was also the chance to explore current laws and ways to enhance and upgradethem for the current business environment in New York State.Their effect can be dramatic and costly for consumers and purchasers.  Laws that are enacted sometimes harm Realtors involved in the real estate industry in New York State.One of the major topics was the power that co-op boards have over purchasers, especially having to fill out an immense amount of paperwork providing a large amount of personal information. This is not a requirement when buying a condominium, townhouse, or HOA.As many as 1,500 page...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
Philip A Raices -April 8, 2024   In the current real estate market, purchasing a co-op has been challenged by the rules and regulations that go hand in hand with completing the required board application and successfully passing the interview. Acceptable income, credit, and debt-to-income ratios will go a long way in reaching that happy ending. However, all boards in Nassau County have no outside oversight and accountability, as Suffolk County does. When a board turns down an applicant there, the board must respond within 45 days to explain to the respective applicant the reason or reasons why. In Nassau, there aren’t regulations that provide feedback to the purchaser when they are turned down. This allows those few who may indiscriminately decide not to allow a buyer to purchase. Disc...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
 Share  Tweet  Pin  Email  Share If you haven’t seen or read the recent news, I will tell you the two colossal stories.  The National Association of Realtors settled its case with the Justice Department concerning the “supposed” fixing of commissions.  It was a whopping $418,000,000.  However, Berkshire Hathaway is the only brokerage that is appealing their case, as Warren Buffet has unlimited funds of $135 billion in cash and assets to pursue fight to prove his company’s innocence.Whereby, the ex-president penalty was considerably more.  He has to come up with 110% of the charges of $454 million by about March 25 or lose the opportunity to appeal his case!  However, we know what happened with that deadline as it was pushed out another 10 days.  It's quite remarkable, but quite normal ...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
It’s time to start thinking about the exterior of your home as we have been somewhat cooped up inside during the winter months and have longed for the warmer days ahead. But based on my gas bill, it’s been a fairly mild winter and it wasn’t as cold as one would have anticipated. Thanks to global warming, I appreciate it a lot. But not really! Does your lawn appear, gray and wishy-washy? Did you do your winter fertilization, as I suggested in a column last fall? Did you apply an anti-desiccant to your winter wind-prone and now slightly burned shrubbery, again as I suggested last fall? If you notice brown leaves on all your non-deciduous (trees and shrubs that do not lose their leaves or needles) plantings, it’s too late to do anything about it right now. However, you can begin to do a l...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
  By Philip A Raices - March 11, 202410,543 shares  It appears that we may have missed another real winter with milder weather, less than 7 inches of snow, far fewer broken pipes, and probably fewer accidents and broken bones from falling on black ice. However, property sales increased in January, due to unusually milder temperatures and almost non-existent snowfall, with slightly lower rates for those who were qualified for a mortgage depending on your income, credit, and debt/income ratios. Some still think that climate change isn’t real.  Oh really?  Just do your research and check the most recent severe “atmospheric river” that had provided excessive 8-10-plus inches of rainfall in California recently, and the 10-plus feet of snow that had piled up in the Sierra Nevada's 6,500 eleva...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
 February 23, 2024 Well, we are now into 2024 and interest rates have come down from the high of 8%+ in 2023, and now according to https://WWW.NerdWallet.com, 30-year fixed rates w/full doc loans are vacillating in and around 7%-7.9% APR depending on one’s income, credit and debt/income ratios as well as the lender. Fifteen-year rates w/full doc loans are hovering around a low of 6%+ APR.  Many of the expert economists are not 100% confident that they will go down and some even contemplate that they could even still increase, depending on the inflation numbers. One thing is for sure,  our government says inflation has increased and is hovering around 3.9% in February; affected mainly by consumer spending, supply-chain shortages, and I believe even unemployment.  Their numbers don’t con...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
Our Global Committee had an excellent networking and celebration on February 12, 2024, for the Lunar New Year, Year of the Dragon event @LOL Barbecue 66 Middle Neck Rd Great Neck NY  11021 (516) 708-1682.  This was the first time that I had ever eaten Korean Cuisine and was curious as to the different tastes and delicacies that they would offer.   It was set up to be a smorgasbord self-serve-styled venue.  What I discovered was so very tasty and well-presented cuisine.  The barbecue ribs, which I found out is what Korean food is known for as a specialty, were supreme.  The meat just rolled off the bone, just like excellent barbecue ribs.  There was the spicy and delicious string beans with some amazing sauce, that I couldn't get enough of.  They also had a popcorn-type chicken dish that...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
Part 2This is the second part of the column on my 2015 search as a Nassau County Realtor for a summer rental for a mystery client who wanted what at first appeared to be the impossible — a tub in the master bathroom.We kept looking high and low for that special place to call home for our well-heeled client and nothing was going to stop me.  In the meantime, our MLS auto-prospect search would identify any new listings regularly that would meet the criteria and would immediately send them out to the associate.In addition, my assistant Gloria literally made a multitude of calls to other offices, brokers, associate brokers, and agents over three weeks to see if they had any pocket listings that they would consider sharing that were not listed on the MLS system.  We kept striking out every d...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
Part IOn June 3, 2015, I received a call from a gentleman who was inquiring about assisting him in tracking down a rental for August for his client. His client was coming to New York for a project he was involved with, but he was clandestine and very secretive about the project. I thought maybe this was something illegal or possibly something dealing with the stock market or a financial project.Maybe it was like one of these Nigerian scams, where they have $20 million that they want you to deposit and I would get paid a percentage.  But then again, this person’s client was going to be living somewhere on Long Island, so I figured this wasn’t one of those scams, but I needed more of an explanation to understand the specifics.He continued to describe what his client needed.  A home, prefe...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
The Seasons at Seaford Long Island is a Community for those 62 and over. This Nassau County community consists of attached residences with upper or lower-level units, surrounded by Spring Drive. The residences are approximately 1,300 sq ft and have 2 bedrooms and 2 baths. The lower levels have a basement, and the upper levels have a loft. Central air conditioning and gas heat can be found here. There is ample parking, but no garages.This community offers a clubhouse, heated pool, gym, card room, and social get-together. Owners: If you are ready to sell your condo at The Seasons in Seaford New York, please call Lawrence and Sheila Agranoff to get your residence Listed and Sold. Buyers: Condos do not become available often. If you are not working with other Agents, we can add you to our A...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
14Shares  Share  Tweet  Pin  Email  Share Guess when and how many interest rate reductions will Fed Chair Jerome Powell do in 2024. Whoever answers correctly will receive dinner with me and my wife on Long Island or NYC (assuming she wants to go, lol) and a special surprise bonus! If there are multiple individuals with the correct answers, then there will be a run-off. The final drawing will be held in the last week of December 2024. Send your answers to Phil@TurnKeyRealEstate.Com                                    Have you jumped back on the fence with interest rates contributing to and creating an unaffordable environment?  You are not alone in this unfortunate circumstance where so many consumers have been stuck. More important is the lack of choices in our historic low inventory di...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
You did your search and traveled to a multitude of homes to find your “next place to call home.” Finally, after almost 6 months and 500+ miles, you settled on your first home, a 3 bedroom and 1 ½ bath place.  You went through and performed all of your negotiations, through the haggling, stressful, and tense moments; treading lightly on eggshells, and doing whatever was necessary and required that you had to do (of course legally, lol) to have an agreed and accepted price.  However, you’re somewhat happy but not ecstatic with your broker, as they weren’t really at the “top of their game” when it came to all the details and minutiae.  Then you ordered your inspection and had it completed. In the meantime, you still haven’t hired an attorney and are asking your broker or salesperson for su...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
GREAT NECK LONG ISLAND HOME SOLD!Lawrence & Sheila Agranoff REALTORS®, SOLD this Great Neck Long Island Vintage Colonial home in Nassau County New York,  and we can SELL yours too!We Listed It! We Showed It! We SOLD It! Lawrence & Sheila Agranoff Cell: 631-805-4400WE SELL LONG ISLAND REAL ESTATE ~ Let's Connect To Sell Yours Too!
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Country Pointe Guard-Gated Condo At Plainview Long Island SOLD!Another 55 and Over Condo has been SOLD courtesy of REALTORS® Lawrence and Sheila Agranoff. This time it was at Nassau County's Country Pointe At Plainview Long Island. Despite our buyers initially considering other options, they realized those properties weren't a perfect match for their needs. Once we introduced them to this beautiful condo at this newer community with it's one level Ranch style, and the array of amenities, they were sold and made an immediate offer. It just goes to show that sometimes buyers need that extra help to find exactly what they're looking for! Congratulations to our buyers. Larry and I are so happy that we were part of your new journey in this more leisure lifestyle chapter of your lives!  Buyer...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
If you are a seller, investor, purchaser, or even potential tenant, are you being properly advised and educated sufficiently enough, or seeking out someone to consult you about the current challenging market? Do you know enough about how to strategize and position yourself as a seller? If an investor, are you doing your due diligence when looking and finding a quality property and knowing the short and long-term R.O.I.? As a purchaser who has dropped out for a multitude of reasons, have you thought outside the box and your need and desire for creative and cutting-edge ways to keep you in the market? Even if you are looking for a rental, are you open to learning how you might potentially be in a position to purchase by listening and learning various strategies and methods of ways that y...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
    Home Business All Things Real Estate: Protecting your home while there or away is... Business All Things Real Estate: Protecting your home while there or away is critical By Philip A Raices- January 7, 2024 0   As I am writing this past week’s column our first snow of the winter is happening, hooray! Now that our weather is getting a bit colder as winter should be, I think back to 15-20 years ago when I was showing clients some homes on the North Shore of Long Island. It had been extremely frigid during that week. We approached the home and opened the screen door and with my very acute hearing, I heard something that I always feared and dreaded during the winter season, the unfortunate gushing sound of water inside someone’s home. As I opened the door it was the shock of seeing it ...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
     Phil's Home News   Philip A. Raices Turn Key Real Estate 516-647-4289 Cell 516-829-2205 Office Fax eFax Coming Soon! www.Li-RealEstate.Com   Phil@TurnKeyRealEstate.ComNYS License # 31RA0874656 NYS Corporate License # 109909392 Quick Quiz Each month I'll give you a new question.Just reply to this email for the answer.When was The Beatles first album recorded? Reply to this email Ask the Agent What Is a Comparative Market Analysis (CMA)? A real estate agent prepares a comparative market analysis (CMA) report for a buyer or seller, to determine the estimated value of a home. The report evaluates three or more sold properties that most closely proximate the characteristics of the home that is being valued Homes that have sold within the past six months will contribute to giving the bes...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
ht     Phil's Home News The purpose of this uplifting newsletter is to provide you with a change of scenery through heartwarming stories, and insightful advice as well as give you a smile for a few minutes. I hope you enjoy!If you know of any local families or organizations that are especially in need at this time, please give me a call or reply to this email. I will do my best to spread the word!   Philip A. Raices Turn Key Real Estate 516-647-4289 Cell 516-829-2205 Office Fax eFax Coming Soon! www.Li-RealEstate.Com   Phil@TurnKeyRealEstate.ComNYS License # 31RA0874656 NYS Corporate License # 109909392 Links You Can Use Now Boosting Creativity January is International Creativity Month, which means we’re looking at all the ways boosting your creativity works wonders for work and play. H...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
Many of our clients are having challenging times finding a home that fits their specific “needs and wants.”The lack of available inventory is the greatest problem for those who are seriously searching and are qualified to buy.  For those who either need to sell or want to sell, the fear of not finding their “next place to call home” is one of the main reasons for not listing.I have experienced this exact situation as a broker with one particular family that although their place is listed, will not close until they find their next domicile beforehand.This has caused buyers not to consider their place.  Of course, current interest rates are an additional and important factor for many others not being able to purchase; even though rates are down over 1% since October.However, prices are st...
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By Philip A. Raices, 1 of the Most Knowledgeable Brokers on the Net!
(Turn Key Real Estate)
I watched and listened to this truly sad but wonderful video on Facebook that I thought everyone would enjoy. If not clickable, then copy and paste to your browser and get ready for a fantastic heartfelt story! 50-Year-Old SHAMED for FAST FOOD Job #dharma #1Motivation #whathappened #Shocking #GenerationHope #lifelessons #lessons #virals #hotshot #tragedy #moneyproblems #Death #Survivor https://www.facebook.com/watch?v=702523985157892 
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