Cathy Cataletto's Real Estate Today
Homes for Sale-Staten Island-New York-WHEN IS THE RIGHT TIME TO PUT YOUR HOME ON THE MARKET?
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A client asked me 6 weeks ago, what is the best time to list your home. Should we wait until the summer, or is spring a better time.
With the years of me selling real estate, history does repeat itself and this holds true to this question.
My answer to her was “There is a no time better time to sell a home then when that one buyer sees it on the market”
Taking my experience into consideration and seeing it with the proof I was able to show her with my other listings, she decided to list her home.
I am happy to report, that we are now, in the middle of the winter, fighting snow storm after snow storm, going into contract.
When is the best time to sell your home?….Anytime that theres a buyer looking to purchase it.
Cathy Cataletto – 917-829-1402
Licensed Real Estate Salesperson and Certified Short Salesperson
Cathy Cataletto Licensed Real Estate Salesperson 917-829-1402
Tags: buyers, homes for sale, market, new york, sellers, staten island
Staten Island, Real Estate Agent With An Important REMINDER!!
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Here we are, at this time of the year where we have to set our clocks BACK AN HOUR TONIGHT. Daylight Savings time..FALL BACK!!!!
At this time I would also like to remind anyone that have vacant homes to winterize them. For the people who live in their homes also remember to take care of your outside houses and underground sprinklers.
Everyone enjoy the cooler weather and as the winter approaches us, you should check in if you know anyone who is elderly and lives alone…to make sure they have heat!
ANY QUESTIONS YOU MAY HAVE ABOUT THE REAL ESTATE MARKET THAT WE’RE IN, PLEASE DON’T HESITATE TO CONTACT ME.
Cathy Cataletto Licensed Real Estate Salesperson 917-829-1402
STATEN ISLAND, HOMES FOR SALE, WHAT KIND OF MARKET ARE WE IN?
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Though we would all like to say that real estate is selling like hot cakes, the facts are that as long as there is movement then there is a market that can satisfy both buyers and sellers.
Years ago, when interest rates where starting at 17%..yes 17%…homes weren’t selling like crazy, but we made many buyers and sellers happy. For whatever reason the makes a market slower then what many would like to see it, we are still far from the worse it “could be”.
Location, location, location is a saying that is known to almost all of us, but when a market is “tighter” then not, one ore two of the those important “locations” is now replaced with price.
Which is not a bad thing.
It becomes a fair thing.
Yes, in a perfect world, we as humans would love to get the most money that is coming to us, and pay less then what someone would like to sell it to us for. What this market does, BECAUSE THE INTEREST RATES ARE AT AN ALL HISTORY LOW…IS FOR US TO GET LESS AND PAY LESS..
WHAT IS WRONG WITH THAT? IT ALLOWS EVERYONE TO MOVE ON,,,THE MOVE BECOMES SUCH A FINANICAL BENEFIT BECAUSE OF THE LOW INTEREST RATES..WHICH IS WHAT STAYS WITH YOU AS THAT BUYER FOR MANY YEARS.
So, when people ask me “how is the market”, my reply to them is, it’s a market like we’ve never seen before, but on the same hand, it is a Fair market.
If you would like any other information regarding the market in my area, please don’t hesitate to contact me.
Cathy Cataletto Licensed Real Estate Salesperson 917-829-1402
TOTTENVILLE, STATEN ISLAND, NEW YORK – House for Sale
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AMAZING PRICE -
$385,000
GREAT LOCATION –
Beautiful Home -
- 624 YETMAN AVE -
Tottenville
Young immaculate semi-detached. Below Hylan Blvd. |
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| TOTTENVILLE, STATEN ISLAND, NEW YORK – House For Sale | ||
Presented by:
Catherine Cataletto LICENSED REAL ESTATE SALESPERSON Office: 718-966-4000
APPLESEED HOMES
VISIT MY WEBSITE AT; CATHYCATALETTO.COM Meet Cathy Cataletto by clicking on this link. Contact me if you would like to see more homes for sale on Staten Island and be able to look them up like a Real Estate Agent. |
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Staten Island – Homes For Sale – What the Statistics for Homes Sales Are
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I am so happy to share with you the Statistics of residential homes that have Acceptances on them, along with Under Contract, Sold AND CLOSED to date.
When I pulled this information up, though I have been closing homes, I wasn’t sure what Staten Island has been doing as whole.
Remember that this also includes short sales, foreclosures and bank owned residential properties.
Below are the Stats:
Residential Homes With Acceptances: 272
Residential Homes That Are Under Contract: 667
Residential Homes That Have Sold and Closed: 1,487
All this information gives us an indication as to how healthy the Real Estate Market is to date.
If you would like more blogs like this, you can visit me at: cathycataletto.com
For more information on other Stats, please don’t hesitate to contact me.
Licensed Real Estate Sales Professional
To Learn More about Me click on this link.
Staten Island – Homes For Sale – What the Statistics for Homes Sales Are
STATEN ISLAND, REAL ESTATE AGENT – Shares Why Is the 4th of July Travis Day Parade So Special To ME….
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4th Of July Travis Day Parade
When I moved into Travis, Staten Island, New York it was a place like no other. There were families that had roots so deep that they went beyond anyone imagination. Coming from Brooklyn, New York the lifestyle itself was very rural and unusual for a teen to get adjusted to. The way people dressed was different, the way people talked was different and the way people carried themselves were different. You would think I came to another country, instead of just driving over a bridge. At first I felt like a fish out of water. But soon things fell into place.
Anyone who was anybody knew that the Celebration of 4th of July Travis Day Parade was done in a way that was both memorable, fun and exciting for ages of all kind.
The preparation would stare MONTHS in advance. Being a teenager I really didn’t have the full concept of the time, money and sweat that went into it as the adults did. It was like ALL HANDS ON DECK…as for the teenage girls, it would be, who would be the lucky one to be crowned “Travis Queen”? It was a big honor from years gone by. Who would represent this wonderful town proudly. And who would be part of the true meaning of Freedom!
There would be a float to go on, pictures taken with Grand Marshalls, and there would be a great honor to be crowned by Staten Island Congressmen. The local Fire Department (which was volunteers) were getting all their trucks gleaming. As they passed they watered down all the kids with their hose to cool them off. Old cars amazed us all,
OUR SOLDIERS proudly holding our AMERICAN FLAG, which brings tears to your eyes, bands playing loudly, candy being tossed out into the crowds and the smell of food being cooked from every front lawn….WOW…WHAT A GLORIOUS DAY!!!!!
Much to my surprise, this girl who walked different, talked different and acted different, was chosen to be Miss Cathy Padavano Travis Queen. Even now when I look back I was surpised that In the 1970′s (which was when I was chosen), it truly was an honor for me. We of course didn’t have the mass media that exists today. Only 11 channels on the tv, no cell phones, no internet, all we had been the Staten Island Advance and word of mouth. The funny thing was, though we wouldn’t know better “back in the day”, it was still just good enough for me, to see my proud family, friends and boyfriend/now husband.
Well now all I have is a faded crown,
old pictures, I am still excited and happy to be getting ready to go and be a part of YET ANOTHER 4TH OF JULY TRAVIS DAY PARADE.
STATEN ISLAND, REAL ESTATE AGENT – Shares Why Is the 4th of July Travis Day Parade So Special To ME….
I would like to wish you all a very Happy and Safe Fourth of July.
Cathy Cataletto Licensed Real Estate Sales Professional
If you would like to read more of my blogs or learn more about me you can visit me at: cathycataletto.com
Cathy Cataletto aka Miss Travis Queen 
Staten Island, New York Real Estate Agent With Update on Home Buyer’s Tax Credit Extention
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HOME BUYERS TAX CREDIT
(Reuters) - The House of Representatives on Tuesday approved giving extra time to thousands of homebuyers trying to get a popular federal tax credit by the end of the month.
The House backed by a vote of 409-5 a measure to extend the closing deadline to September 30 for buyers who already met the April 30 deadline to have a signed contract. The current deadline requires those buyers to close the transaction by June 30 to receive the $8,000 tax credit for first-time homebuyers.The Senate must still approve the measure before President Barack Obama can sign it into law.
Senate Majority Leader Harry Reid and Senate Finance Committee Chairman Max Baucus announced on Tuesday they would try again to find a way for the Senate to consider the popular measure.
Reid, a Democrat, faces a tough re-election fight in Nevada, where the U.S. foreclosure crisis is most pronounced.
Real estate agents say thousands of settlements may not be completed by Wednesday because settlement offices are slammed with buyers trying to close on transactions by the end of this month in order to receive the funds.
“Up to 180,000 homebuyers will now receive the tax credit they deserve, and our housing market will be strengthened as a result,” House Speaker Nancy Pelosi said in a prepared statement after the lower chamber approved the measure.
Critics say the three-month extension is an invitation for fraud, providing prospective home buyers time to back date contracts to a date before April 30 and subsequently closing on those contracts by the new September 30 deadline.
Congress extended the $8,000 tax credit for first time homebuyers last fall and added a $6,500 tax credit for all buyers who were purchasing a primary residence.
(Reporting by Corbett B. Daly, Editing by Diane Craft, Gary )
Cathy Cataletto Licensed Real Estate Professional 917-829-1402
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Just ask to able to view all the homes for sale on Staten Island, New York and I will send you a link!
Staten Island, New York Real Estate Agent Helps Explain The Meaning Of Interest Rates
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We see it, we hear about it, we read about it. Some fear it, some welcome it and some even play with it.
Interest Rates
It makes a difference in what price a buyer can afford to spend on a home, it matters if a buyer can even afford to purchase a home at all. It’s INTEREST RATES…They move up and down with a drop of a hat. One day they have people running to their banker to LOCK IN THE RATE, and on another day they AVOID THAT LOCK IN AND HOPE TOMORROW WILL BE A BETTER (LOWER) DAY.
With how important the Interest Rates are to so many of us it is very critical that people know the who, what, when and hows of the explanation of the Interest Rates.
An interest rate is the rate at which interest is paid by a borrower (for a mortgage on a home) for the use of money that they borrow from a lender. For example, a small company borrows capital from a bank to buy new assets for their business, and in return the lender receives interest at a predetermined interest rate for deferring the use of funds and instead lending it to the borrower. Interests rates are fundamental to a capitalist society. Interest rates are normally expressed as a percentage rate over the period of one year.
There are also many different types of “loans” you can get which also reflects on your interest rates. You have some loans change depending on what year your loan is in, what the market it doing or you can have a set amount that stays with your loan till it is satisfied.
Some and ONLY SOME of the different loans that may be to qualified buyers are:
CONVENTIONAL LOAN - a mortgage not insured by FHA or guaranteed by the VA or Farmers Home Administration (FMHA). (This is the most common one at this point in time)
FHA LOAN – a loan insured by the Federal Housing Administration open to all qualified home purchasers. While there a limits to the size of FHA loan, they are generous enough to handle moderate priced homes almost anywhere in the country. (this type of loan is becoming more popular)
ADJUSTABLE RATE MORTGAGE (arm) - is a mortgage in which the interest rate is adjusted periodically based on a preselected index. Also sometimes known as the renegotiate rate mortgage, the variable rate mortgage or the Canadian rollover mortgage. (this loan should be looked at carefully due to the nature of its movement)
BALLOON (PAYMENT) MORTGAGE – usually a short-term fixed rate loan which involved small payments for a certain period of time and one large payment for the remaining amount of the principal at a time specified in the contract.
So as you can see, because of different types of loans that may be available to you, I would greatly advises you to please discuss this with your banker’s before heading out the door to find that perfect home. No matter what type of home you’re looking to purchase. A short sale, a foreclosure, a bank owned or a traditional purchase, you should know exactly what kind of loan you’re comfortable with, not just for today, but for tomorrow.
Staten Island, New York Real Estate Agent Helps Explain The Meaning Of Interest Rates: If you would like to read more of my blogs you can visit me at: cathycataletto.com
Cathy Cataletto 917-829-1402 Licensed Real Estate Professional
Learn more about me click on this link.
If you would like to see all the homes for sale on Staten Island, New York, contact me and I will connect you.
Tags: balloon mortgage, buyers, cathy cataletto, convential mortgage, fha mortgage, foreclosure, homes for sale, homes for sale staten island new york, sellers, short sale
Staten Island Real Estate Agent Would Like To Share The Origination Of The Holiday Father’s Day
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We all go through the motions of buying cards, gifts, making plans for a special dinner, or perhaps for all those Wonderful Father’s that are no longer with us, sitting and thinking of all the fond memories that have left us with. So with that in mind, I thought it would be nice for me to blog about how, when and where did this holiday originate from.
I hope that this will provide you with some interesting information and perhaps some trivia as your sharing this holiday with your loved ones. Click on this link and enjoy!
At this time this Staten Island Real Estate Agent Cathy Cataletto wants to wish a Happy Father’s Day to all!
Cathy Cataletto Licensed Real Estate Sales Professional
For more interesting and informative blogs, you can visit me at: cathycataletto.com
WHO IS?: CATHY CATALETTO
STATEN ISLAND, REAL ESTATE AGENT, CATHY CATALETTO, WANTS YOU TO KNOW ABOUT THETAX CREDIT EXTENSION..
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By ANDREW TAYLOR (AP) – 19 hours ago 
WASHINGTON — The Senate on Wednesday approved a plan to give homebuyers an extra three months to finish qualifying for federal tax incentives that boosted home sales this spring.
The move by Senate Majority Leader Harry Reid would give buyers until Sept. 30 to complete their purchases and qualify for tax credits of up to $8,000. Under the current terms, buyers had until April 30 to get a signed sales contract and until June 30 to complete the sale.
The proposal, approved by a 60-37 vote, would only allow people who already have signed contracts to finish at the later date. About 180,000 homebuyers who already signed purchase agreements would otherwise miss the deadline.
Reid, D-Nev., added the proposal to a bill extending jobless benefits through the end of November. Nevada has the nation’s highest foreclosure rate, and Reid is facing a tough re-election campaign.
The Realtors group has been pushing hard in Congress for the extension. Mortgage lenders, the trade group says, have been swamped with borrowers trying to get approved by the end of the month. Many potential borrowers are unlikely to make the deadline.
“If Congress fails to act promptly, then prospective homebuyers might not get the benefit of the homebuyers tax credit, even though they have completed contracts,” the Realtors said a letter to lawmakers.
First-time buyers were eligible for a tax credit of up to $8,000. Current owners who bought and moved into another home could qualify for a credit of up to $6,500.
The $140 million cost of the measure would be financed by denying businesses the ability to deduct from their taxes punitive damages paid when losing lawsuits or judgments. Copyright © 2010 The Associated Press. All rights reserved.
Staten Island Real Estate Agent Cathy Cataletto wants you to know the great news about the Real Estate Tax Credit extension.
CATHY CATALETTO LICENSED REAL ESTATE PROFESSIONAL
TO LEARN MORE ABOUT ME CLICK ON THIS LINK AND VISIT ME AT: cathycataletto.com
Contact me if you wish to view all the homes for sale on Staten Island, New York.
