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Archive for September, 2008

There is no place like home.  Sure, we all like to go away for vacation, but isn’t it always a relief when you come home?  Home is the place where everything makes sense; you know exactly where the light switches are with out even looking.  Home is where we live the majority of our days and where most of our memories are made.  It makes sense that having an affordable home that adds to your emotional and financial security would be a blessing.  REO Property is a wonderful way to purchase just such a home.

If you are in a home that causes you more financial stress than emotional security, or if  you are currently renting your home – it is time to look into purchasing an REO property.  Please give us a call at Island Advantage Realty LLC, we are the definitive source for information on REO homes in the Long Island and Metro NY areas.  Make sure that the address you come home to adds to your enjoyment of life.

The advice and tips offered in this blog are intended to be solely informational and do not apply in all circumstances.  Make sure that you consult a real estate professional, financial consultant, attorney or accountant before taking any action.  For further information or questions please contact Gabriella@IARNY.com

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The older I get the more I see that there is very little in life that is really black and white. In reality there is actually more grey area than anything else.  My nephew loves video games; my mother thinks that they are horrible and that children should be forbidden to use them.  The truth is somewhere in the middle, I think.  There are video games that are inappropriate for children, I think we are all in agreement about that, and then there are some video games that have clearly demonstrated the ability to help children to read, solve problems, develop critical thinking skills and perform better in school.  And then there are a lot of video games that fall some where in between.  Isn’t that true of most things?

It is certainly true in my field of work.  I work in real estate, specifically in REO property.  Sometimes these properties get a bad rap for being in horrible shape.  Occasionally there are properties that are in really bad shape, and they are priced accordingly.  Occasionally there are REO properties with virtually no repairs needed. However, the vast majority fall somewhere in between.  For a family or an investor looking to secure property that will be a solid long term investment these in between homes offer a wonderful opportunity.

If you have heard about REO property and would like to see what is available in the Metro NY, Long Island area you’ll want to call Island Advantage Realty LLC.  We are experts in this field and can help you to find the perfect property for your circumstances.

The advice and tips offered in this blog are intended to be solely informational and do not apply in all circumstances.  Make sure that you consult a real estate professional, financial consultant, attorney or accountant before taking any action.  For further information or questions please contact Gabriella@IARNY.com

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I’m a big believer in family.  I have a huge, close family and we believe in helping each other whenever possible.  But there are times when I don’t advocate having your family help you.  If you break your leg, you’re not going to ask your cousin Vinny to set your leg unless he happens to be an orthopedic surgeon, in which case he’d be your first call.
There are some times in life when you just have to have an expert.  Many people don’t realize it but real estate, especially REO real estate, is one of those areas that requires expertise.

A home is frequently the largest purchase a person makes in their lifetime.  It stands to reason that an expert with a proven track record of success would be warranted.  With REO property this is especially true, since the seller is usually a bank.  Imagine negotiating with a bank and trusting the process to a novice.  It wouldn’t be advisable. 

Additionally, banks prefer to list their properties with realtors who have demonstrated an understanding of the REO process.  To be privy to the absolute best REO properties it is absolutely essential to work with realtors who have access to the most properties. Island Advantage Realty LLC is the recognized leader in REO sales for the Metro NY, Long Island area.  If you are considering investing in REO property you won’t want to use any other realtor.

The advice and tips offered in this blog are intended to be solely informational and do not apply in all circumstances.  Make sure that you consult a real estate professional, financial consultant, attorney or accountant before taking any action.  For further information or questions please contact Gabriella@IARNY.com
Island Advantage Realty New York LLC, REO NY, Foreclosure NY, Long Island REO, Long Island Foreclosure, Buying REO, REO Investments

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My Aunt Natasha always used to say that owning a home was like living in your piggy bank.  When I was a kid that didn’t sound like much fun, my piggy bank was cute but small.  Now I understand what she meant, when you rent a home your monthly payment simply disappears into thin air (actually it just gets deposited into someone else’s account)  When you own your own home the money that you pay actually  help you to build a financial future – so you are (in a sense) living in your piggy bank.

Buying REO property can help you to jump start your piggy bank living. These bank owned properties are offered at competitive prices to compensate for repairs and neglect. By starting at a lower price point you can fill your piggy bank that much faster.
At Island Advantage Realty LLC we are experts in helping people to find the right REO property to help build a strong financial future.

The advice and tips offered in this blog are intended to be solely informational and do not apply in all circumstances.  Make sure that you consult a real estate professional, financial consultant, attorney or accountant before taking any action.  For further information or questions please contact Gabriella@IARNY.com

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I had the most embarrassing moment the other day.  It’s a long story but I had just gotten a green tea latte and was leaving the coffee shop when my heel got caught on the edge of the door matt.  The next thing I knew I was lying in the doorway and my latte was all over this very nice couple who were walking in as I was leaving.  I was mortified, they couldn’t have been nicer and I couldn’t help noticing that they both had strong accents that didn’t sound at all like New York. 

As we were trying to towel green tea off of every one I found out that the couple is originally from Georgia and they have recently left the Military after serving several tours in Iraq, three tours for him and two for her.

I felt so bad about having spilled my tea on them that I asked if there was anything I could do for them on their visit to New York.  That’s when they told me that they weren’t visiting that they were actually relocating to the Metro NY area.  What they asked for was help finding an affordable apartment, what I showed them was an affordable home to own with room to grow.

I couldn’t help but wonder how many other service men and women could benefit from buying REO property and investing in their future. I don’t want to have to spill any more green tea lattes to find out, so if you are military or ex-military and would like to find out about how you can benefit from owning REO property, please call us at Island Advantage Realty LLC, we are experts in this field and believe in supporting our troups at home and abroad.

The advice and tips offered in this blog are intended to be solely informational and do not apply in all circumstances.  Make sure that you consult a real estate professional, financial consultant, attorneyor accountant before taking any action.  For further information or questions please contact Gabriella@IARNY.com

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Many Americans are struggling to make ends meet.  The price of gas has taxed the average home budget to its absolute breaking point.  With cold winter months approaching there are some people who are wondering how the will weather this economic storm. 

For many families the answer has come in the form of buying REO property.  These bank owned properties are competitively priced and if the buyer is willing to do some repair work, they can actually save a home owner a considerable amount of money.  For some families buying and REO has meant getting out of a loan that is about to reset to an impossible rate and moving into a comparable home with a lower monthly payment.  For other families an REO property has become an investment property providing an additional source of income now and in the future.

How could owning REO property benefit your current financial situation?  Now is a great time to find out.  There are more REO properties on the market currently than at any other time.  Island Advantage Realty is the industry leader in REO sales in the Long Island and Metro NY areas, we will be happy to show you this amazing field of real estate.

The advice and tips offered in this blog are intended to be solely informational and do not apply in all circumstances.  Make sure that you consult a real estate professional, financial consultant, attorney or accountant before taking any action.  For further information or questions please contact Gabriella@IARNY.com

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There are some events that are so memorable that they are etched into our memories forever, weddings, the birth of a child and putting the keys in the door of your first home.  As a real estate professional it is one of my favorite things about my job to be able to see the joy on a person’s face on the day when the actually get possession of their home. I have a cousin who is a delivery room nurse and she says it is the same thing for her – that moment of breathless anticipation. 

I love to imagine all of the wonderful moments that will occur for the family in their new home, all of the firsts.  It is a great privilege to be able to help people to enjoy home ownership. 

With the current market, especially the REO market, more and more families are discovering that they can enjoy the benefits of home ownership.  If you are interested in owning a home please consider an REO property; you will find that these affordable homes are a worthwhile investment in your financial future.  Island Advantage Realty LLC is the recognized leader in REO sales for the Metro NY, long Island Area. Give us a call it, could lead to one of the most memorable moments of your lifetime.

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