The Real Estate learning center is a series of videos providing everything you need to know about the residential real estate process.  PreReal™ Prendamano Real Estate is pleased to provide this educational material to guide you through the process of buying or selling real estate in Staten Island NY.

When you're selling your home, one of the most important things you can do is create an effective advertisement. Your goal is to reach as many potential buyers as possible and generate interest in your property. But did you know that there are specific requirements for what information must be included in a real estate listing? Keep reading to learn more. 



When you're ready to list your home for sale, there are a few key pieces of information that you'll need to include in your advertising. By law, real estate listings must consist of certain disclosures and disclaimers in order to be considered legal. This blog post will give you a rundown of what information needs to be included in your real estate listing.


1. The Property's Legal…

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So, you're in the market for a new home. PreReal, Prendamano Real Estate, with its experienced team members, can help. Buying a home is a huge milestone. But it's also a big decision and one that shouldn't be taken lightly. There are a lot of factors to consider when you're looking for a new place to call home. To help you out, we've compiled a list of the ten most important things to look for when you're buying a new home. 



1. Location:

The location of your new home is important for a number of reasons. Consider things like the commute to work, the number of schools in the area, and whether or not there are things like parks or restaurants nearby that you enjoy. 


For example, if you have a job requiring a long commute, you'll…

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Making your property presentable before putting it on the market makes sense if you want to make it more appealing to prospective buyers. Nevertheless, you don’t want to splurge on major renovations that will compromise your profits. The key is to focus on the essential repairs that won’t break the bank but will boost your home’s value and overall selling price. 


Here’s a list of areas you need to fix before accepting viewings for your property.


Dirty and damaged flooring 

Worn-out linoleums, dingy and stained carpeting, broken tiles, or scratched-up hardwood floors give potential home buyers a negative impression that the property isn’t well-maintained or could be hiding more serious structural issues that require significant…

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362 St. MarksThe Nixon McGowan Team is proud to announce their new listing!!! This offering includes both 362 St. Marks Place and 47 Montgomery Avenue. Over 10,000 SF street to street development site. The site is uniquely situated in an opportunity zone which is just a short distance to the Staten Island Ferry, Empire Outlets and development sites along the North Shore of Staten Island. Preliminary plans for roughly 34,000 SF comprised of commercial on first level, parking, and several stories of residential apartments. 

 

For more Information, contact the Nixon McGowan Team at 718-816-7799 and/or Brian@CasandraProperties.com or Rob@CasandraProperties.com

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Staten IslandWhile the Nixon McGowan Team or your local trusty real estate broker will be your guide through many steps within the process of commercial real estate investment, the vocabulary used regularly within the industry may sometimes be intimidating. If this is your first time making the leap from residential to commercial real estate investment/sales, you may not feel as confident initially when talking with sellers. Being aware and informed of the following terms can help to clarify any misconceptions you or your business may have about the commercial real estate market, and can potentially save you time and money in the long run!

Throughout my experience in commercial real estate sales, I’ve compiled a list of fundamental phrases to be mindful of on your…

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Tips On Choosing A Chartered Surveyor In Oxford UK

If you've ever been involved in the process of buying a property, chances are you are well aware of the job description of a chartered surveyor. They are the folk that comes in to inspect your dream house before you finalize the process of making it your future home. A good surveyor possesses laser sight when it comes to defects, shortcomings and potential pitfalls that the ordinary eye is usually blind to. 

That said, let's look at some tips on how to spot a really good person or company in the survey business in Oxford and use their services in order to save huge money on bad real estate decisions.

 

Evaluate Your Individual Situation

 

Before you call somebody, analyze your individual case in order to decide on the type of survey…

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camera man photoWhile it may not seem like a big deal, some people underestimate the power of using professional photography when listing a property. Below are just a few of the many benefits professional photography can offer.


1. Ability to stage photos

a)   A staged home makes the room look bigger and helps potential buyers envision what the home will look like with furniture. Without staging, pictures can be deceiving and not embellish what the space is capable of.


2. Houses with professional photos tend to sell faster
a)   As a broker, the faster you sell a property the happier your client will be, and they will be more inclined to recommend you to a friend and/or family member or use in the future!


3. Using professional photography can lead to selling a…

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Selling a house can be challenging. And the even bigger challenge is to get the best price possible. The key is to make sure your home looks great when it's time to put it on the market.

Fortunately, you can learn how to make your house look nice. All it takes is a few helpful tips to point you in the right direction. After all, you'd be surprised how much difference small changes and improvements can make in getting buyers to pay more.

In this article, we take a look at a few of those small improvement that can increase the value of your home. Keep reading to learn how to take your home's appearance to the next level.

Get Rid of Clutter

First of all, it's time to get rid of anything you don't need or want. A cluttered house isn't…

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RPOBack in 2005, long before most of the competition, we saw very stormy times ahead in the Real Estate and overall economies. In response to this, we developed a program that we called RPO, Real Estate Portfolio Optimization. 

The idea was as the market was shifting there would be a double hit for institutions and Not-for-Profit’s in particular. When you couple a slowing economy with overall budget cuts and the government’s tightening of the belt you end up with a cash crunch for these Not-for-Profit’s. The RPO program was designed to take a look at NFP’s real estate portfolio’s, which shockingly were viewed as liabilities, and convert them into positive cash flowing assets. The strategy was to identify, assess, optimize and where appropriate liquidate -…

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New York CityJames Thompson is a partner at Scamardella, Gervasi, Thomson & Kasegrande P.C and has shared his knowledge of the new Transfer Tax laws with us below.

 

In April 2019, New York State passed a budget that included substantial changes to the real estate transfer tax laws. A summary is below for your reference. The changes apply only to cities within New York State having a population of one million or more. Accordingly, practically speaking, these changes apply only to transfers of real property in New York City.

Generally, the new rates apply to any transaction closing on or after July 1, 2019. However, it is important to note that there is an exception for any transfers made pursuant to a Contract entered into on or before April 1, 2019 and…

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