Do You Know Where You Are Going When Your Lease is Up??

Please don’t sign another lease until you have explored all of your options.

The benefits of home ownership are great:

·        Approximately 30% back on your income tax

·        Building equity in your home instead of your landlords

·        Pride of homeownership

I know you are probably wary about purchasing a home, but give yourself the benefit of the doubt. I can help you analyze your income and financial picture to determine your home purchase options. I can even show you your tax saving and calculate a payment that will be comparable to your rent.

If you, or someone you know, are interested in checking your home buying options, please call or e-mail me. There is not cost or obligation.

Irina Renner

Buyers Assistant to James A. Netter

Netter Real Estate

631-661-5100

www.netterrealestate.com

irenner@netterrealestate.com

Today’s real estate market is good for buyers looking for cheaper prices. There are many homes for sale (a large supply) all over Long Island and not too many buyers (a small demand). According to basic supply and demand principles, a decreased demand and an increased supply results in a LOWER PRICE. And as prices get lower, the demand will increase and prices will again increase.

So BUY NOW, while prices are low!

Make sure to use a realtor, such as the experienced professionals of Netter Real Estate, to help you in determining the values of homes that you are interested in purchasing.

Buying vs. Renting a Home

BUYING: Down Payment + Closing Costs

RENTING: Security Deposit, Broker Fee, and/or Last Months Rent

BUYING: Monthly Mortgage Payments which Help to Pay-Off a Portion of the Home. ** The Interest Paid Can be used as a Deductable on the Buyer’s Income Tax Return

RENTING: Monthly Rental Payments which are NOT Put Towards the Ownership of a Home and are NOT Able to be used as a Deductable on the Renters Tax Return

BUYING: Annual Repair and Maintenance Costs

RENTING: Landlord Pays for Any Repair or Maintenance Costs

BUYING: Other Monthly Expenses (ater, sewer, electric, telephone, cable, internet, insurance, real estate taxes, etc)

RENTING: As a Tenant You May Pay None of these Expenses or Some but Not Including Insurance or Real Estate Taxes

Long time research and studies have shown that buying a home (with continued ownership) is more economically rewarding than renting one! Although the market is always changing, whether it is a buyer or sellers market for the moment, home prices will continue to rise with time. Therefore, buying a home will always be a benefit and will result in financial gain. For example if you purchased your home 15 or 20 years ago, today it is worth about double what you paid for it at that time.

Source of Data: http://www.census.gov/const/uspriceann.pdf

Call Netter Real Estate Today to Begin Your Shopping for the Purchase of a Home!

“All the Listings, All the Time at Netter Real Estate”

(631) 661-5100

(800) 626-RELO

info@netterrealestate.com

Steve Rainone is Selling!

 The glass; some see it half empty (some people can’t even see the glass).

I choose to see a full glass. I attribute my sales success to experience, hard work, and attitude. I’m positive and realistic. Over the past 22 years that I have been selling real estate, I have seen many different types of markets; each shift requiring a retooling of systems and change in market approach. That said, there is a constant in our marketplace - the South Shore of Long Island has always been, and continues to be, an amazing place to live. Buyer’s market or Seller’s market, booming economy or threatened recession, people love our area, and I love selling homes to them.

I am currently seeking quality listings to add to my shrinking inventory (most of my listings have already sold this year). I am very optomistic about the future of sales in our area; Why would anyone want to live anywhere else?

Written by Steve Rainone

Netter Real Estate

sjrainone@aol.com

(631) 661-5100