Bayport, NY Real Estate News

By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Some of us in Bayport NY reach retirement and discover that, for whatever reason, they just don’t have enough money put away for their retirement.  If you find yourself in a similar situation – and you’re a homeowner age 62 or older – a reverse mortgage may help you take advantage of the resources you already have in place. Here are 11 things you need to know about reverse mortgages in Bayport NY. 1. Reverse mortgages are approved by the FHA They are also known as HECM (Home Equity Conversion Mortgages) and they are insured by the Federal Housing Administration (FHA).  They are a loan product designed specifically for older adults.  Reverse mortgages are a federally-approved mortgage product and as such have regulatory requirements and oversight to insure borrower safety and protection....
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By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Current mortgage lending rates are at record lows in Bayport, New York.  Low rates combined with an FHA insured loan are giving qualified home buyers in Bayport, NY an opportunity to take advantage of the current real estate market.  The Mortgage Outlet has some of the best FHA mortgage Rates in New York State. Call us today to see what you quailfy for 631-767-8948   What is FHA?  The Federal Housing Administration, generally known as FHA, was created in 1934 and is the largest government insurer of mortgages in the world. The FHA insures that loans made by mortgage brokers such as The Mortgage Outlet, would allow greater flexibility for a home buyer to qualify for a loan.  Higher qualifying ratios, less than perfect credit scores and low rates help first-time home buyers and other buye...
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By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
FHA Mortgage loan programs in Bayport New York   FHA Mortgage Loan Programs in Bayport New York are subsidized by the Federal Governments mortgage insurance program (MIP).These types of loans vary form one lender to another and The Mortgage Outlet can help you navigate these troubled lending times. It is important to that you understand the advantages and disadvantages of this great program and how important it is to be pre-approved prior to you starting your search for your new home.   There are many advantages of Loans offered by the FHA   3.5% down payment, which helps many of today's home buyers Gift funds can be used for down payment and all closings costs Sellers allowed to contribute up to 6 percent towards buyers closing costs Lending limits are higher then conventional loans up...
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By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
THE MORTGAGE OUTLET would like you to Compare mortgage rates in  BAYPORT, NEW YORK.  For over 25 years we have been providing mortgage rates equal to most banks with superior customer service.  We charge No Points or Origination Fees.  You are important to us, unlike many lenders, you are assigned one person to work with throughout your entire mortgage process.  Contact DAVID BAILEY at 631-767-8948 to see how much The Mortgage Outlet can save you.   The first step to home ownership in BAYPORT, NY is to arrange for financing by getting a pre-approval before you begin shopping for your new home.  Getting a pre-approval (as opposed to a pre-qualification, for which your information is not verified) not only takes the guesswork out of whether you qualify for a mortgage, it can mean the diff...
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By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
Who Should Consider a Reverse Mortgage in Bayport New York? Reverse mortgages in Bayport New York are a convenient way for senior citizens to get the money they need. They allow seniors to use the equity they have in their homes to borrow money. But unlike a traditional mortgage or home equity loan, they are not required to make monthly payments until the loan is paid in full. The loan is not due until the homeowner moves, sells the house, or dies.   A reverse mortgage usually leaves the recipient’s estate owing money when he passes away. In most cases, the house must be sold to repay the loan. The remainder of the money goes to the deceased’s estate. Because of this, a reverse mortgage may not be a good idea if you are intent on leaving your home to your children or other heirs.   So ...
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By David Bailey and Erika Bailey, "Creating Clients for Life" Cell # 631-589 3600
(The Mortgage Outlet NMLS # 36861)
I have noticed that many first time home buyers come to me confused by the various First Time Home Buyers in Bayport New York, that are available to them for financing their first home.  This is just the tip of the ice berg as there is so much industry-specific terminology to learn and understand that the home buying process can be very intimidating to most new comers.I will try to explain in this article the most common First Time Home Buyers  in Bayport New York so that you might better understand the options and requirements more clearly.  As always I am available as a reference if you have more specific questions about how these specific programs might get you your new home.Conventional Loans are typically processed through Fannie Mae and Freddie Mac. Typically they require a 5% dow...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Holiday Light Show sponsored by Girl Scouts of Suffolk County is presenting its 9th consecutive holiday light show. Drive through a mile-long wooded trail filled with dazzling light displays and holiday decorations.After the show, don't miss the fun at the Holiday Village. There will be photos with Santa, hot cocoa, snacks, holiday singing, mailbox to Santa, and more.When: Now through Decemer 30, 2012 (closed December 24 and 25)Where: Lakeview Avenue, Bayport Long Island(Long Island Expressway Exit 62 Sourth or Sunrise Highway Exit 51 South)Time: 5:00 - 9:00 p.m.Admission: Monday-Thursdayis $12.00 per carFriday-Sunday is $15.00 per carFor questions about the Holiday Light Show, please email lightshow@gssc.us   
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By Beth and Richard Witt, Long Island Cash Home Buyer 516-330-6940
(Long Island Cash Home Buyer)
The Holiday Light Show in Bayport is the largest and brightest and brings all the magic of the season to you as you drive through a mile long wooded trail filled with dazzling light displays and holiday vignettes! Hour:  5-9 Now through December 30th Sponsored by the Girl Scouts of Suffolk County Address: Lakeview Ave., Bayport, NY (LIE Exit 62 South or Sunrise Highway Exit 51 South) Admission Monday - Thursday, $12.00 per car Admission Sunday -  $15.00 per car After you drive through the Light Show enjoy the fun and merriment at the Holiday Village! Photos with Santa. Explore the Hall of trees. Enjoy hot cocoa, snacks and more!  
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By Jackie Connelly-Fornuff, "Moving at The Speed of YOU!"
(Douglas Elliman Real Estate in Babylon NY)
Bayport NY Girl Scouts Holiday Light Show 2012 The Girl Scouts of Suffolk County are having their spectacular 9th Annual Holiday Lights Show. You will drive through a one mile wooded trail seeing beautiful light displays. After the show you can warm up at the Holiday Village and meet Santa and get a free photo, visit the Hall of Trees and enjoy hot cocoa and snacks. Proceeds benefit Girl Scout programs and outreach services. When: November 29th through December 30th, 2012 (closed Christmas Eve and Christmas Day)Time: 5:00 p.m. to 9:00 p.m. every dayWhere: Camp Edey 1500 Lakeview Avenue, Bayport NY - Phone: 631-472-1625Admission: $12.00 per car Monday thru Thursday/$15.00 per car Friday thru Sunday View Larger Map
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By Christian Bastian, Christian Bastian - Douglas Elliman Real Estate
(Douglas Elliman Real Estate)
Thinking of buying or selling a house in Bayport or Blue Point?   Living on South Shore of Suffolk County with its spectacular ocean beaches and beautiful bays makes more sense now than ever. Long Island's South Shore has great access to transportation, excellent schools, health-care facilities of the highest caliber, as well as entertainment, cultural and recreation opportunities for all ages and interests.   Sitting at the edge of the bay, enjoying a beautiful sunset, steals still my heart away...   Here is the latest news on the real estate market in Bayport and Blue Point, NY. This past week has concluded a very active month of March with 16 properties going into contract and 9 closings (March 1 through March 31 2011) New listings this week include the following 17 properties now av...
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By Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo and Home Specialists
(The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803)
Situated in Bayport Long Island, there is a condo community call Sans Souci. Built in 1987, Sans Souci is a small complex with attached duplex style and ranch style units located by Montauk Highway on N. McConnell Avenue in Bayport New York and Suffolk County. This pet friendly South Shore residence offers central air conditioning, gas heat, a garage and backyard patios. It consists of 2 bedroom 2.5 baths, 3 bedroom 2 baths, and 3 bedroom 2.5 bath units.  Students living at Sans Souci can attend the Bayport-Blue Point School District #5. Condos do not become available often in this community, so call LAWRENCE AND SHEILA AGRANOFF for the current status at Cell: 631-805-4400  Search Here For Long Island Condos   
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