8 Essential Tips for Long Island New Home Buyers

Fifty years old. That is the median age of a home in Suffolk County.[i] Long Islanders know land is at premium. As of this writing, out of 3,179 available residential listings on the Multiple Listing Service of Long Island, just 327 listings (10.33%) are brand new houses for sale.[ii] An aging supply of residential structuresContinue reading “8 Essential Tips for Long Island New Home Buyers”

List of 55+ Communities by Town in Suffolk County

A comprehensive list of adult communities listed alphabetically by town. Amagansett The Ocean Dunes Amityville Snug Harbor The Polo Club Village Estates Bay Shore Bayshore Daniels Way Mystic Pines Windcrest Blue Point Springhorn The Vineyards at Blue Point Bohemia The Hedges Windcrest Cottages Bridgehampton Newman Village Calverton Calverton Meadows Foxwood Village Windcrest East Center MorichesContinue reading “List of 55+ Communities by Town in Suffolk County”

Top 10 Things Buyers Wish They Knew Before Buying

Ever wonder what you’re missing as a first-time buyer? What home buying tips do homeowners wish they knew before buying their first home? The many homeowners I’ve talked to about their first buyer experience all have lots of different home buying tips. But I’ve seen the same ten mentioned over and over…and over. So todayContinue reading “Top 10 Things Buyers Wish They Knew Before Buying”

Tax Deductions for Homeowners

Tax Deductions for Homeowners: How the New Tax Law Affects Mortgage Interest In 2019, a revision of the Tax Code changed the landscape for Long Island homeowners. Tax season is upon us once again, and to make it even more interesting this year, the tax code has changed — along with the rules about taxContinue reading “Tax Deductions for Homeowners”

Are Closing Costs Tax Deductible?

Are Closing Costs Tax Deductible Under the New Tax Law? Here’s the scoop on what’s tax deductible when buying a house. Are closing costs tax deductible? What about mortgage interest? Or property taxes? The answer is, maddeningly, “It depends.” Basically, you’ll want to itemize if you have deductions totaling more than the standard deduction, whichContinue reading “Are Closing Costs Tax Deductible?”