Long Island Real Estate,Long Island Homes for Sale

Obama foreclosure fix open for business

2009-03-04T21:53:27Z

NEW YORK (CNNMoney.com) -- The Obama administration's foreclosure prevention program is open for business.

Homebuyer Tax Credit DOUBLED to $15,000?

2009-02-11T22:05:00Z

A part of the stimulus package the Senate is proposing,the $7500 tax credit will be doubled to $15,000. More importantly,the newly proposed $15,000 will not have to be paid back like the $7500,which, in essence, was a interest free loan from the government. But wait there's more. This new tax credit doesn't just apply to first time homebuyers,but anyone purchasing a home. Check out the full story...

Matt Your Service on Facebook!

2009-01-20T21:37:54Z

Wanna be me friend? Yes,under enormous peer pressure,I have decided to join the social networking phenomenom known as facebook. Feel free to visit facebook.com, search for friends, type in "Matthew Aldridge" and ask me to add you as a friend! The potential for networking(and fun!) is almost limitless. I've already reached out to some old friends, classmates, and former co-workers with great results! It's highly addictive and a great tool to get re-acquainted for business or otherwise. See you on facebook!

Website Up & Running for 10 Carriage Lane in Levittown!

2009-01-20T20:57:56Z

The website for 10 Carriage Lane in Levittown is up and running. Click here to see it! This unique home is a true 4 bedroom with 2 full baths. It also features a large formal dining room. Porcelain floors cover the eat-in-kitchen,Living Room, and Formal Dining Room. But,what makes this home really unique is a solution to what some see as a problem. Those not familiar with Levit Ranches have a special facial expression when they see the heating system and washing machine in the kitchen. I grew up in this style of home, and many of my friends did as well,so I thought nothing of it. The uninitiated however, may find it as a "deal killer". The heating system and washer/dryer have been moved from the kitchen to the back of the home in a seperate area. The home is move-in condition with many updates including the siding,windows, heating system, flooring, and paint. There is also attic space as well as two sheds for storage. Don't forget about the hi-hats and in-ground sprinklers. The kitchen has ample cabinet and counter space as well as room for a nice-sized table. And, how about a dog run for that special pooch in your life. As a bonus,there are pipes in the wall of the 2nd floor bedroom for a kitchen,as well as a seperate entrance. So the 2nd floor can be turned into an Mother/Daughter apartment with the proper permits! Parking is easy with a 4 car driveway. And for this cold winter,when it seems like it snows every other day,a toasty fireplace to top it all off. All in all,it's a great house with tons of features that radiates with the feeling of "home". Click on the link above to view over 100 pictures that showcase this great home. Check back soon for the Digital Video tour! If you'd like a private viewing,please contact me at 1-866-450-MATT(6288) and press "0" to speak to me directly.

Mortgage Rate New Record Low-4.96% Yes, 4.96%!

2009-01-15T22:07:13Z

It's happened again! The average 30 Year Fixed Mortgage Rate for the past week was 4.96%! Yes,it actually averaged under 5! For homeowners thinking about selling in the near future,now is definitely the time! And for buyers,the rate is at historic lows,and there's no telling when it will go back up again,but as history shows us,it will go up!

I have personally seen more buyers coming out in this market. In fact I just spoke with a buyer who has been renting for the past 4 years waiting for the right time to come out and make a purchase. She is looking in a price range that didn't even exist a year ago! This time in history will have more buyers than ever with the decling home prices and unbelievably low mortgage rates. And,keep in mind that the rate would be lower for a buyer with outstanding credit! If this isn't a great time to buy,I don't know what is!

OPEN HOUSE Tomorrow,11,000 Sq Ft of Property w/Mint Expanded Ranch!

2009-01-09T22:11:23Z

OPEN HOUSE -Saturday January 10 1-4 PM-51 Sleepy Lane Hicksville. Stop by and see a great house! It's a 3/4 bedroom,1.5 Bath with a formal dining room. It's move-in condition,and almost everything is updated! It also has a 1.5 car garage,and let's not forget that 11,000 foot backyard! View over 100 pictures and a digital video tour here. Then,see the house for yourself in person.

THIS SUNDAY! Online Webinar-How to Sell Your Home in Today's Market!

2009-01-02T03:40:01Z

Join me this Sunday January 4th for an online webinar: "How to Sell Your Home in Today's Market".I'll be discussing the ways in which a home can stand out above the long island real estate muck,and get noticed by more buyers! I'll also be explaning how to get the highest price,and start a bidding war! And,you'll discover how important the internet is in selling your home,with the two most important websites you must have your home listed on! All this and much more! Please register here and join me Sunday for a very informative webinar. It could be the difference between selling your home and letting it languish on the market,costing you time,energy,and thousands of dollars!

Happy New Year!

2009-01-01T06:51:12Z

I just wanted to wish everyone a very Happy New Year! I'm looking forward to 2009, I believe it will be a great year! The year end real estate market reports for Long Island,Levittown,and Hicksville will be available very soon. So, check back often! Please let me know what I can do for you in the new year. Just call 1-866-450-MATT(6288) and press "0".

Happy Holidays!

2008-12-24T18:36:21Z

I would like to wish everyone a very Happy Holiday! So for a couple of days,instead of focusing on real estate, let's enjoy this very special time of year with our family and friends. Have a Happy!

Lowest Mortgage Rates in 37 Years!

2008-12-19T20:33:35Z

Thanks to the Federal Reserve cutting interest rates,the 30 Year Fixed Mortgage Rate is the lowest it's been in 37 years. The average percentage for the week was 5.19,down from the already traditionally low 5.47 last week. Last year at this time the average rate was 6.14! Needless to say,it is an incredible time to buy a home. Many Long Island Home Buyers are obsessed with the asking price of a home. However,the mortgage rate should carry equal if not more importance when not only making an offer,but deciding what price range they should be looking in.

Take this example. If a home buyer is looking in the mid $300's range,and their mortgage rate is 6%,then their monthly mortgage payment would be roughly $2100(not including taxes & homeowners insurance) a month with a $350,000 house.

If a home buyer is in the low $400's range with a 5% mortgage rate, then the ballpark monthly payment on a $400,000 would be $2000 a month. This buyer would have a lower payment on a house that costs $50,000 more. And, $50,000 is usually a big difference in condition,location,etc on Long Island.

What about with today's "abnormal" rates?

A home buyer looking for a $300,000 home at a 5.5% mortgage rate of about $1650.

A home buyer searching for a $350,000 home at a 5% mortgage rate of $1750. $100 more a month could save tens of thousands of dollars you would need to fix up the house. It could also mean the difference between a house in "move-in" condition and one that needs total renovation.

I know for a fact that a certain, very reputable mortgage bank can go even lower than 5%! Call me for the details...1-866-450-MATT(6288)