Written by: Robert Varvara at The Corcoran Group One question we get asked frequently as Real Estate professionals is, “what is the state of the market”? The truth is we are in reset mode, where buyers and sellers are trying to discover what value really is. The downturn has hit every facet of the market from $500,000 Co-ops to $10,000,000 Condos and it is unknown how long it will take to surpass the peaks of 3-to-4 years ago. We are…
Category: Buying Real Estate
Tips for Buying and Renovating a Fixer-Upper Home
There’s usually an element of risk in purchasing any new property. Things are a bit different when it comes to buying a fixer-upper, a house that needs a lot of work to make it the kind of home you’ve always wanted. Most fixer-uppers are a gamble. You could end up with a dreaded money pit or a profitable investment that your own blood and sweat, not to mention money, transforms into a dream come true. The buying process is…
Helpful Tips for Purchasing the Perfect Vacation Home for Retirement
Making the leap and purchasing a vacation home is an exciting experience. It means you can visit your favorite travel destination without paying for impersonal hotels or booking accommodation months in advance. But before you settle on your dream home, make sure that it meets the needs of your family and fits your budget. Avoid Common Mistakes People who purchase a vacation home on a whim are likely to make a few mistakes. According to MarketWatch, people often put too…