Home / Tag Archives: Giuseppe Zerillo

Tag Archives: Giuseppe Zerillo

Realty in the age of COVID-19

With the Covid-19 pandemic in full swing as Fra Noi goes to press, business has been affected in unprecedented ways. It’s hard to predict what’s going to happen in the real estate industry during normal times, let alone at times such as these. Here’s what we do know. Real estate sales has been deemed an essential business by the governor during the lockdown, so realty can and is being bought and sold. Mortgage applications were booming toward the beginning of March after the interest rate cut, but the lockdown put a damper on subsequent sales. Buyers and sellers have legitimate ...

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Staging your home for sale

When it comes to selling your home nowadays, it’s all about staging. When buyers are looking for a home, they want to see something clean and simple. They want to be able to imagine themselves living there, and that’s hard to do when all they can see is someone’s else’s home. You want the buyer to be able to picture it as their own. Most buyers shop for homes online these days, and the most important part of online shopping is the pictures. If the home isn’t eye-catching in the photos, the buyer is a lot less likely to want ...

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Coming clean about homeowners associations

You’re deciding whether to buy property as part of a homeowner’s association, and you’re excited at the prospect of shared amenities like lawn care and snow removal. Before you sign on the dotted line, though, be sure to read the bylaws or rules-and-regulations packet completely. There are several items that a homeowner’s association may not be able to legally enforce. Most homeowner’s association will deny your rights to solar drying, a fancy way of saying drying on clotheslines. This old-school method may mean sun-kissed laundry to you, but to your homeowner’s association it may be an eyesore. Many states, though, ...

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Exploring your down-payment options

It’s an exciting time when you’re starting the home-buying process. One of the big questions most buyers ask at this point is, “How much do I need for a down payment?” There are a handful of options to choose from. Options for first-time homebuyers vary from state to state and it’s always good to check with a licensed mortgage broker. People who have owned homes before and are looking to relocate are still able to qualify for an FHA loan with a down payment as little as 3.5 percent of the purchase price. However, for this type of loan, the ...

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A look at 1031 exchanges

One of the downsides of selling an investment property is the capital gains tax that the IRS requires you to pay. But the IRS also provides you with an out know as the 1031 exchange. This method allows you to defer capital gains tax liability when selling an investment property by purchasing another like-kind property with the profit gained by the sale of the first. There are guidelines that must be followed and conditions that must be met in order to qualify, and that process starts with filling out the necessary paperwork providing information about the properties you’re looking to ...

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The magic of social media

Social media has transformed traditional real estate marketing, numbering the days of door-to-door sales and cold calling. As with all other areas of business, social media has moved the market. With so many new ways to advertise and connect, the possibilities are endless. Social media is relate-able, accessible and affordable to everyone. For clients and professionals alike, this means business. And the options are endless, including photo forums, discussion forms, social networks, videos, testimonials, reviews, blogs, check-ins, tags, and everything in between. There are certainly generational issues when it comes to social media marketing, and though the technology may be ...

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What do you do with the offer you just received?

You have placed your property on the market and an offer or even multiple offers have been received, but how do you know if the offer is good for you? Your broker is obviously there to assist you and offer you guidance, but the ultimate decision belongs to the property owner. You always want to achieve the highest price for your property, but believe it or not, the choice may not always come down to price. Take a look at the amount of earnest money a buyer is offering to deposit. Earnest money is the amount the potential buyer is ...

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The unwritten rules of home buying

The home buying process can be exciting, and many first-time buyers are eager to get the ball rolling. That’s definitely a good thing, but don’t let your heightened emotions get the better of you. Most folks these days begin their home buying search online. When you come across that special property on the computer, you may be tempted to jump the gun and call the listing agent immediately. But stop yourself. Why? There should always be a proper chain of communication and your agent should be the one to make the phone call on your behalf. Remember, your agent has ...

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Making the big move

Moving has always been an interesting adventure for people, especially when you unearth something you thought you had lost. It’s a fresh start for some, and many consider it a new chapter in their lives, but for others, it can be a stressful time. Procrastination is going to be your worst enemy. Don’t put off packing until the last minute. Your local grocery store many times will give you free boxes if you give them a couple of days notice. Start out with items you know you won’t need right away, like maybe your winter wear if you’re moving in ...

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Accepting or rejecting the offer

You placed your home on the market and a potential buyer has given you an offer, or in some cases you have received multiple offers on your home. Once that happens, will you know which one is actually the best offer? Many people are under the assumption that the highest price is the best offer, but that may not always be the case. The answer to the question, “Should I accept or should I reject?” can be found in the sales contract, which contains all the particulars regarding the sale of your home. Let’s begin with the contingencies; a contingency ...

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