Monday, December 13, 2010

REAL ESTATE LISTING STIMULAS SPECIAL, Offered by Realty 123 Inc.

LONG ISLAND REAL ESTATE LISTING STIMULAS SPECIAL
Save Big Today!  If you are ready to sell your home either with a realtor or as a For Sale By Owner, Realty 123 Inc. will list your home on the multiple listing service (MLS) and give your home exceptional exposure with internet syndication, property blogging, custom property website, virtual tour, video tour and *broker reciprocity.  


Save an additional .5% off of our already low commission fee structure or save 25% off our 5 Star Flat Fee Listing Service.  

* Broker Reciprocity:
It is a business program where brokers grant each other permission to display their listings on each others' web sites. Brokers who participate in the program can display all active listings of all participating members of the program.  So esstentially you list your home with Realty 123 Inc. at a money saving discount and then your home is seen on every participating brokers website as if was their listing.  a partial list of brokers are: Century 21, Coach Realtors, Exit Realty, Keller Williams, netter Real Estate, Prudential Douglas Ellimen, Ramsay Associates, Re/Max, Weichert Realtors to name a few.

Saturday, December 11, 2010

Long Island Multiple Listing Service (MLS) Flat Fee Listing Service

Long Island Multiple Listing Service (MLS) Flat Fee Listing Service
Realty 123 Inc. is now offering homeowners who want to sell their homes an opportunity to save money without sacrificing exposure or broker / agent assistance. For Sale By Owners are encouraged to view our marketing products and money saving real estate marketing plans. For Sale By Owners twill be listed on MLS, MLSLI.com, Realtor.com, Trulia.com, Zillow.com, Homes.com, HotPads.com, aol.com, Yahoo Real Estate.com, Postlets.com, Google base, Google maps, Craigs List, and more internet syndication. Professional grade photo are used in marketing material as well as online listings. Realty 123 Inc. offers custom personal home websites, virtual and video tours and we update the world thru real estate blogging updates and events.
Real estate listing are posted on a number of real estate informational websites such as http://www.realty-123.com/, http://www.where2move.com/, http://realty123.blogspot.com/.
Contact Mark Hannigan Broker /Owner at 631-766-5959 for more information and appointment scheduling.

Thursday, December 9, 2010

Nassau County Assessor's Office Frequently Asked Questions

What is a property assessment and how is it determined?
An assessment is a percentage (also known as the Level of Assessment) of the Market Value of your property.  The assessed value of residential properties in Nassau County is .25 percent (or .0025) of the Full Market Value.  The assessed value of commercial properties is one percent of the Full Market Value.
The Department of Assessment is responsible for developing fair and equitable assessments for over 418,000 residential and commercial properties in Nassau County on an annual basis. To accomplish this, the Department utilizes a Computer Assisted Mass Appraisal (CAMA) system to generate property assessment values.  The values for residential properties are primarily developed by comparing sales from 2010 and 2009 to other properties with similar characteristics within your neighborhood.  Factors such as location, quality, age, unique features, architectural style and square footage of a residential property are taken into consideration.  Commercial properties are typically valued using an income approach along with comparable sales.

What role does the annual assessment of my property play in determining my property taxes?
Your assessment represents the proportionate share of the total value of all assessments in a taxing jurisdiction in which you own property, such as a school district.  Your proportionate share of the total assessed value determines the share of taxes you will pay to the school district.  The same principle holds true for taxes to the County, Town, and special taxing districts.  Assessments simply determine how the tax levy will be apportioned among all of the property owners in a taxing jurisdiction.

Is my property assessment a tax?

No, it is not. The assessment notice is the estimated market value of your property. Assessed values are used along with the tax levy to calculate a tax rate. The taxes you pay are calculated by multiplying the tax rate by the assessed value of your property.

Won’t my property taxes go down if my assessment goes down?
Not necessarily. To demonstrate the relationship between assessments and taxes, consider the make-believe hamlet of Seagull Village, which is a community of two homes. Each resident owns a house valued at $100,000. Seagull Village’s property tax levy is $2,000 which is the amount needed to cover its expenses. Since each resident owns 50% of the total property value, they each pay 50% of the levy giving them each a tax bill of $1,000.
If property values in Seagull Village go down 10%, then each property is assessed at $90,000. The amount they pay in taxes, however, remains the same because the tax levy amount has not changed, even though the assessment has declined. Each resident still owns 50% of the total property in Seagull Village and must pay 50% of the $2,000 tax levy, which is $1,000. Even if the properties’ assessments increase to $110,000 each, the taxes stay exactly the same. They each still own 50% of the total property and Seagull Village still needs to collect $2,000, therefore they will continue to see a $1,000 property tax bill.
An increase or decrease in the assessment of an individual property is not an indicator of whether the tax bill for a property will go up, down, or remain the same.

How do I check to see if my property’s inventory records are correct?
When reviewing your records on the Department of Assessment website www.mynassauproperty.com, you should select the “Property Description” and “Property Sketch” links to make sure that the information posted is accurate.  For example, homeowners should check whether or not the architectural style, living area (i.e. number of bathrooms, finished basement and/or attic, presence of garage, etc.), lot size, and condition of the house are correct.  If you discover an error, you should contact the Department of Assessment by e-mail:  ncassessor@nassaucountyny.gov or by calling (516) 571-1500.

What is the STAR exemption program?
STAR is New York State's School Tax Relief Program provides a partial property tax exemption from school taxes. All New Yorkers who own and live in their home - whether it's a condominium, cooperative apartment, manufactured home, farm dwelling, apartment building or mixed-use property - are eligible for the STAR exemption on their primary residence.
There are two parts to the STAR property tax exemption:

  • The Basic STAR exemption is available for owner-occupied, primary residences regardless of the owners' ages or incomes.

  • The Enhanced STAR exemption is available for the primary residences of senior citizens (age 65 and older) with yearly household incomes not exceeding the statewide standard ($79,050 for the 2009 tax year.)  For property owned by a husband and wife, or by siblings, only one of them must be at least 65 years of age as of December 31 of the year in which the exemption is being applied. The combined annual income, however, must not exceed the STAR income standard.

Did the NYS end the STAR exemption program?
No.  The Basic and Enhanced STAR exemption program is still in effect.  The special “STAR Rebate Check” program was terminated after two years because of State budget cuts.

Other than the Basic and Enhanced STAR programs, does Nassau County offer any other exemptions to homeowners?
Yes. In addition to the Basic and Enhanced STAR programs, qualifying homeowners can apply for a VeteransSenior CitizenCold War VeteransVolunteer Firefighters and Ambulance Workers, Limited Income Disability, or Home Improvement exemptions.  Exemptions brochures and applications can be accessed on the Department of Assessment homepagewww.nassaucountyny.gov/agencies/Assessor/index.html.

In general, what documents will I need to file for a property tax exemption?
There are two categories of property tax exemptions:  Income-Based and Non-Income-Based. 
Income-Based property tax exemptions include the Enhanced STAR (For seniors 65 years and older with an annual income under $79,050); Low Income Senior Citizens and Limited Income Disability exemptions (Under $37,400); and the Eligible Funds Veteransexemption (see brochure for details.) 
To file for the Enhanced STAR exemption, homeowners will be required to provide copies of their latest recorded Deed, Federal or State Income Tax Return and Proof of Residency (Drivers License/Vehicle Registration).
To file for the Low Income Seniors or Limited Income Disability exemptions, homeowners are required to provide copies of their latest recorded Deed, Federal or State Income Tax Return, Proof of Residency (Drivers License/Vehicle Registration), and all supporting income documentation used to file Income Tax Returns (1099’s, Interest and Dividend Statements, etc.)
Non-Income-Based property tax exemptions include the Volunteer Firefighter and Ambulance Worker, Cold War Veterans, andAlternative Funds Veterans exemptions.
To file for the Volunteer Firefighter and Ambulance Worker, Cold War Veterans, and Alternative Funds Veterans exemptions, homeowners are required to provide copies of their recorded Deed, Proof of Residency (Drivers License/Vehicle Registration), Copy of Discharge Papers (DD214), and a Letter from Chief of Department listing years of service (when applying for the Volunteer Firefighter and Ambulance Worker exemption only.)

Nassau County Assessor's web link is below:

County Assessor's Office (516) 571-2311

Edward P. Mangano
County Executive
240 Old Country Rd.
Mineola, NY 11501 (516) 571-1500


Tuesday, November 30, 2010

Newsday.com offers Top Tips to Sell Your Home


Four top tips to sell a home

Here are some additional tips to help sell your house in today's tough market:

1. Make your home 'the shiny penny'
Buyers are looking for a reason to eliminate your house, says Bart Cafarella, president of Realty Connect USA in Woodbury. "Your home needs to stand out in the crowd," he says. "It's like a dating service - why would someone pick you?" Conversely, you can also sell a "dirty penny" - a disaster house - if it's priced right, says Fern Karhu, executive vice president of RealtyConnect. "It needs to be offered well below market value."

2. Stress the home's cost, rather than price
Ultimately, it's not the total price that matters, it's the monthly payment, Steve Harney says. It's like buying a car - people need to be comfortable with the monthly payment, which includes financing charges. Even if prices continue to fall, it may be cheaper for buyers to make a move now. By the time prices bottom out, the economy will likely improve, pushing up mortgage rates, so a "cheaper" house may end up costing more for market-timers.

3. Presentation is critical
Curb appeal is your first concern, then the general exterior appearance, Karhu says. The upkeep of the house is also critical. "If you don't present properly for what today's consumer wants, it will affect the price," she says.

4. Don't "over-improve" your house
List your house at the lower range of the median price the market is paying in your area, Bethany Marten says. That may mean putting in a finished basement with an outdoor entrance (perhaps for a relative or teenage kid), instead of a "killer kitchen" with granite countertops.

When the housing figures are released each month, many consumers are faced with a profusion of confusion. Existing home sales are up slightly - no, they're down again. Median prices improved slightly over a year ago - wait, that was last month. New home sales dropped sharply after the federal tax credit expired, but they're up again - for now.
Well, one thing's for sure: It's a whole new game of "The Price is Right." Long gone are the halcyon days of setting your asking price by looking at comparable home sales over the last year - and adding 10 to 20 percent to those prices.
"There's a new mindset of austerity," says Jonathan Miller, president of Miller Samuel, a Manhattan-based appraisal firm that produces closely watched quarterly reports on the Long Island housing market. "You need to price within a few percentage points of what your house is worth. You can't just put down a price and see whether you get a bite."

Sunday, November 28, 2010

For Sale By Owner Help

Understanding traditional commission fees may be 4%, 5%, 6%, and even 7%, I decided to approach the process of listing a home on the MLS in a different fashion.  As a consumer I shop around and research what is available to help me achieve my goal.  As a real estate broker I also evaluated what homeowners needed and how to help them achieve their goal for a reasonable fee.  I set up 2 plans to help homeowners save money when it came to marketing and selling their home.  I offer a flat fee MLS listing service as well as a flexible fee MLS listing service.

  1. The 5 Star Flat Fee MLS Listing Service is designed to give the For Sale By Owner a marketing edge.  There are several pricing packages available to suite the For Sale By Owners needs.                                                                               
  2. Our Flexible MLS Listing Service has no up front costs and still allows the homeowner to find a buyer.  Our fees are as low as 1% and are never more than 3%.
Our internet marketing has a variety perks such as virtual tours, video tours, personal property websites, and multiple professional grade photos.

To receive more information or to set an appointment to discuss how we can save you a significant amount of money call Mark Hannigan at 631-766-5959 or email: lirealty123@gmail.com

Thursday, November 25, 2010

Thinking About Selling Your Home? We Are Here To Help.

Thinking about selling your home?
What's the value of my home?

Realty 123 Inc. now offers MLS Flat Fee Listing Services for those who want affordable assistance selling their home.  We will broadcast your listing to a host of real estate internet sites.
For a free marketing package call Mark Hannigan at 631-766-5959 or visit our company website at www.Realty-123.com or www.Where2Move.com for online request forms and information.

Click here for  MLS Flat Fee Pricing

Realty 123 Inc. Flexible Commission Plan, when we work for you, we actually work with you.

  1. If you find a buyer, the commission fee is only 1% and we will complete the transaction with you.  
  2. If your listing agent finds your buyer, the commission is only 2%.  
  3. If an MLS agent finds your buyer, the commission is only 3%.  


Call for your free, no obligation market review.  Mark Hannigan 631-766-5959 / lirealty123@gmail.com

Monday, July 19, 2010

Get Your Own Property Website

Realty 123 Inc. offers exceptional internet marketing for Long Island homeowners.  Whether a seasonal bungalow to a luxury waterfront estate, we market to buyers as well as Realtors, because we want what you want and that is to get your home SOLD. When marketing your home, don't settle for less.

Visit: http://lirealty.mymarketingbook.com/

Call Mark Hannigan
Broker / Owner
Realty 123 Inc.
631-766-5959
http://www.realty-123.com/

http://www.35woodhollowrd.com/
www.79CardinalLane.IsNowForSale.com

JUST REDUCED!! Owner Wants To Hear Your Offers!! Co-Op in Islip, NY, $189,900

Islip Co-Op in The Woodlands is located at 79 Cardinal Lane Islip.  This home offers 2 bedroom, 1.5 bathroom, livingroom, dining room, eat-in kitchen, washer / dryer, front and rear entrance.  Click on links below for more details.

http://www.79cardinallane.isnowforsale.com/

For Sale: 2BR/1+1BA Co-Op in Islip, NY, $189,900

Monday, July 12, 2010

Are you searching for a new home? If so, why not get paid for your hard work? I offer a "Preferred Buyer Program" to all my clients who contract me to represent them in their real estate purchase. I will discuss with you, your wants and needs as well as your don't wants. I will construct a real estate search engine that you will be interactive in. New and updated home information will be emailed to you, keeping you informed of the market activity in the towns you desire. As your Buyer Broker I will credit .5% of the purchase price to your closing costs. This is cash to you. There are no sign up fees or any cost to you at all. For more information contact: Mark Hannigan at 631-766-5959 or email: Where2Move@gmail.com


Realty 123 Inc. the fast easy way to save money when buying or selling a home on Long Island.

Preferred Buyer Program Inquire Form

Tuesday, July 6, 2010

58 38th Street, Islip, NY | Powered by Postlets

JUST REDUCED!!
Owner wants to hear offers!!

This Islip Hi-Ranch home has been recently painted and the hardwood floors refinished. This home offers a large yard, 5 bedrooms, 2 bathrooms, Eat-in kitchen, dining room, living room, family room, deck, IGS and more. Great for a large or extended family.

Are you searching for a new home? If so, why not get paid for your hard work? I offer a "Preferred Buyer Program" to all my clients who contract me to represent them in their real estate purchase. I will discuss with you, your wants and needs as well as your don't wants. I will construct a real estate search engine that you will be interactive in. New and updated home information will be emailed to you, keeping you informed of the market activity in the towns you desire. As your Buyer Broker I will credit .5% of the purchase price to your closing costs. This is cash to you. There are no sign up fees or any cost to you at all. For more information contact: Mark Hannigan at 631-766-5959 or email: Where2Move@gmail.com


Realty 123 Inc. the fast easy way to save money when buying or selling a home on Long Island.

Preferred Buyer Program Inquire Form


Visit this home, click on link below:
58 38th Street, Islip, NY Powered by Postlets

Thursday, May 13, 2010

35 Woodhollow Rd, Great River, NY | Powered by Postlets

35 Woodhollow Rd, Great River, NY Powered by Postlets

Open House at 35 Woodhollow Rd Great River, NY

Open House Sunday May 16th 2:00pm to 4:00pm
35 Woodhollow Rd. Great River, NY 11739
Contact: Mark Hannigan 631-766-5959 lirealty123@gmail.com
Visit: http://35woodhollowrd.isnowforsale.com/ for more information, pictures, directions and virtual tours

Monday, April 19, 2010

The Woodlands in Islip has a Price Change! This Co-Op Has Been Reduced to $212,900.

The Owner Wants to Hear Offers on this spacious 2 bedroom co-op in Islip's Woodlands.  Recently updated and painted.  The Woodlands offers an in-ground pool, dog run, landscaped parklike setting that is close to town, shopping, schools, and travel. Asking $212,900. Call today for more information and showing.    Contact: Mark Hannigan at 631-766-5959 or email: lirealty123@gmail.com

Visit: http://www.79cardinallane.isnowforsale.com/ to view pictures, virtual tour and more.

Saturday, April 3, 2010

Islip Co op

Islip Co-Op For Sale
This is a great Co op in The Woodlands of Islip offers 2 bedrooms, 1.5 bathrooms livingroom / dining room area, eat-in kitchen, optional storage unit, parking, pool, and more. Freshly painted, open and spaceous. Located close to all, shopping town, schools and travel. Call our listing agent: Mark Hannigan of Realty 123 Inc. for more information and showing appointments. 631-766-5959.

To view this co-op click here ---> Islip Co-Op For Sale!

To view all of our listings click here ---> Realty 123 Inc.

Friday, January 29, 2010

Great River Open House

Open House Sunday 1/31/2010 12:00pm to 3:00pm
35 Woodhollow Rd Great River, NY 11739
This beautiful home offers many new and updated features.
A must see!

Click Here to See This Home on Youtube