Cathy Cataletto's Real Estate Today

Home for sale, Latourette, Staten Island, New York – JUST LISTED – Was Builders Model – Priced to sell!

March 16, 2011
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THIS BEAUTIFUL SPACIOUS HOME features 3 LG BRS, 3 BATHS, FINISHED BASEMENT W/ ACCESS TO SIDE YD, EIK, SITTING RM W/ SLIDERS TO DECK. “STREET TO STREET” PROPERTY. REAR & FRONT ACCESS TO YARD, SKYLIGHTS, HIGH HATS, MINT CONDITION, JUST UNPACK.  ( WAS BUILDERS MODEL, FIRST TIME LISTED)
 

 
 
 
 
 
 
 
       
 

Spacious Eat In Kitchen

 
     
     
     

Gleaming Hardwood Floors

   
     
     

Finished Basement With Access to Side Yard

 
 
 
     
 

Large Master Bedroom With Vaulted Ceilings

 

     
     
 

One of THREE Bathrooms

Great Back and Side Yard, with STREET TO STREET PROPERTY

 

Cathy Cataletto Licensed Real Estate Salesperson 917-829-1402

Tom Marco Real Estate
To learn more about me, please visit me at:  cathycataletto.com  or email me at:  CathysCasa@aol.com

Homes for Sale-Staten Island-New York-WHEN IS THE RIGHT TIME TO PUT YOUR HOME ON THE MARKET?

January 26, 2011
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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


Homes for Sale-Staten Island-New York-Will the housing market come back?

September 18, 2010
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Everyone should understand that every market area has its own statistics, and when compared nationwide, it can be very misleading as to the home sales in your very own backyard. 

 

There are areas that have been severely effected by the “housing bubble”, some feel it already popped, some feel that we haven’t even seen the worse of it yet, while others feel that we are on an upswing.  If you traveled to other states and spoke to Realtors, you will be surprised to hear their “version”.  Funny, how so many different versions can all be factual. 

Keep in mind that real estate will always sell, what the prices are all vary according to the supply and demand.  

 

Almost everyone at one time in their lives will have the real estate to sell.  Some sell due to changes in their lives that are productive ones while others due to circumstances not within their control.  On the other hand you will always have buyers, as with sellers, some buyers are forced to find a home to buy.  The circle of real estate, no matter how down the market is/seems, homes are still selling. 

I have found a very interesting article pertaining to this subject:  New York-Will the housing market come back? 

If you have any questions about the housing market in my area, don’t hesitate to contact me at: cathycataletto@aol.com – or you can visit me at cathycataletto.com and see my other interesting blogs. 

Cathy Cataletto Licensed Real Estate Salesperson and Certified Short Sale Agent

  

Who is CATHY CATALETTO? 

SEARCH THE INTERNET LIKE A REAL ESTATE PROFESSIONAL.


Short Sales, Foreclosures, Preforclosure, Bank Owned, Loan Modification-Staten Island, New York-When is the “right time” for a short sale?

September 10, 2010
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We all hear these terminologies, Short Sales, Foreclosures, Pre-forclosure, Bank Owned Loan Modification ,  and it’s very easy to get confused, which makes it more frustrating and stressful to a homeowner that is in NEED TO DO A SHORT SALE.

 A short sale really isn’t something to fear, in fact, when a homeowner is educated as to the meaning and the stages of a short sale, they welcome it.  If a short sale is done CORRECTLY it is a wonderful burden taken off a financially distraught homeowner.The course and the certificates that an Agent receives is a good indication if that Agent is able to help guide that homeowner in the right direction.

There are so many myths vs facts which makes for a lot of homeowners to lose their homes.

With all the years that I’ve sold Real Estate and with my Designation of being a Short Sale Agent, it seems that I never grow a thick skin when I see that a homeowner has lost their home, and walks away owing so much money.  Knowing that I have the, education, the tools and the experience, I just wish I could’ve been able to give them a fighting chance.

The questions of all those myths and facts vary from…

Is it too early to start a short sale, how long does a short sale take, how long can I stay in my home, if I am NOT BEHIND ON MY MORTGAGE can I still fit into the criteria of having the bank accept a short sale, what does the word short sale mean, do I owe money, do I pay money, can I get money at the closing from any proceeds on the short sale?…..

These are only a few questions that many homeowners are asking, not even to mention the foreclosures, pre-foreclosures, bank owned and loan modifications.

So in “short”, don’t hesitate to ask question, if you ever heard the expression, “theres no stupid question” this surely applies to that statment.  The right Agent, a little education and the ability to see the reality of things, you may be surprised that there is a chance of you getting a major burden off your shoulders.

I hope to hear from anyone that can use my assistance, help is only a phone call away. 917-829-1402

Cathy Cataletto-Licensed Real Estate Salesperson and Certified Short Sale Agent

To see more of my blogs like Short Sales, Foreclosures, Preforclosure, Bank Owned, Loan Modification-When is the “right time” for a short sale-you can visit me at: cathycataletto.com

Who is Cathy Cataletto?

If you would like to search the internet like an agent, double click on this link and enjoy!


Commerical-For Sale-Staten Island-New York-A RARE BUSINESS OPPORTUNITY!

September 9, 2010
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Status: SeeAgent MLS#: 1058435m
Type: Commercial ListPrice: $999,900
YearBuilt: 2004/APROX
  STATEN ISLAND, NY 10302    
Area: Port Richmond BldgDim: 32X60
County: Richmond BuildingSqFt: 2,898 SqFt
Condition: Excellent #Buildings: 1
Sale/Lse: S GrossInc: $72,000
LsePurch: Y TotExpense: $9,745
LotSize: 10,100 SqFt NetInc: $62,255
LotDim: 100X101 Zoning: C8
#PrkSpces: 15 CountyUse:  
Taxes: $7,745 CofO: Y
Abated: No
ParcelID: 01093-0046

Possible car wash for sale also. Owner is selling land and building w/income increasing to 84,000 in 2011.

Call me for additional details at:  917-829-1402

Cathy Cataletto Licensed Real Estate Salesperson

 

FOR MORE MORE BLOGS YOU CAN VISIT ME AT: cathycataletto.com

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Staten Island, New York Real Estate Agent on the meaning of Labor Day.

September 4, 2010
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Labor Day

From Wikipedia, the free encyclopedia

This article is about the holiday in the United States. For other annual labor observances, see Labour Day or International Workers’ Day.
Labor Day
Labor Day
Labor Day Parade, Union Square, New York, 1882
Observed by United States
Type Federal Holiday (federal government, DC and U.S. Territories); and State Holiday (in all 50 U.S. States)
Date first Monday in September
2009 date September 7
2010 date September 6
2011 date September 5
Celebrations Parades, barbecues

Labor Day is a United States federal holiday observed on the first Monday in September (September 6 in 2010).

The first Labor Day in the United States was celebrated on September 5, 1882 in New York City. It became a federal holiday in 1894, when, following the deaths of a number of workers at the hands of the U.S. military and U.S. Marshals during the Pullman Strike, President Grover Cleveland put reconciliation with the labor movement as a top political priority. Fearing further conflict, legislation making Labor Day a national holiday was rushed through Congress unanimously and signed into law a mere six days after the end of the strike. The September date was chosen as Cleveland was concerned that aligning an American labor holiday with existing international May Day celebrations would stir up negative emotions linked to the Haymarket Affair. All 50 U.S. states have made Labor Day a state holiday.

The form for the celebration of Labor Day was outlined in the first proposal of the holiday: A street parade to exhibit to the public “the strength and esprit de corps of the trade and labor organizations,” followed by a festival for the workers and their families. This became the pattern for Labor Day celebrations. Speeches by prominent men and women were introduced later, as more emphasis was placed upon the economic and civil significance of the holiday. Still later, by a resolution of the American Federation of Labor convention of 1909, the Sunday preceding Labor Day was adopted as Labor Sunday and dedicated to the spiritual and educational aspects of the labor movement.

Traditionally, Labor Day is celebrated by most Americans as the symbolic end of the summer. The holiday is often regarded as a day of rest and parties. Speeches or political demonstrations are more low-key than May 1 Labor Day celebrations in most countries, although events held by labor organizations often feature political themes and appearances by candidates for office, especially in election years. Forms of celebration include picnics, barbecues, fireworks displays, water sports, and public art events. Families with school-age children take it as the last chance to travel before the end of summer recess. Similarly, some teenagers and young adults view it as the last weekend for parties before returning to school, although school starting times now vary.

In U.S. sports, Labor Day marks the beginning of the NFL and college football seasons. NCAA teams usually play their first games the week before Labor Day, with the NFL traditionally playing their first game the Thursday following Labor Day. The Southern 500 NASCAR auto race was held that day from 1950 to 2004.

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Annadale, Eltingville, Tottenville, Princess Bay, Hugeunot, Richmond Town-which location is selling?

August 23, 2010
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Annadale, Eltingville, Tottenville, Princess Bay, Huguenot , Richmond Town-which location is selling?

There are many homes for sale on Staten Island and it seems that what sells and what doesn’t use to ONLY depend on, LOCATION-LOCATION-LOCATION.  However in today’s market place, the rule of thumb has changed.

Location still is a major factor, but price and sellers financial situation seems to be something that is weighed just as much. 

If a home is located, for example, in Richmond Town, but the potential buyer really wanted in Tottenville, because it was close to family members who live in New Jersey.  They weigh what is more important to them as this point in time.  The sale price in Richmond Town may be much lower due to a short sale, bank owned or foreclosure, making the extra travel time worth it. 

 The same goes for people who would rather be closer to Verrazzano Bridge but decides to go for the lower priced home in Tottenville.

Peoples financial situations have come into play so drastically that location is something that many have chosen to forego to live in a home that they can comfortably afford.

This is why it is within the sellers interest to price their home correctly as soon as it comes on the market.  It may not be their renovated kitchen or their property size, nor does it totally matter if their located on one side of the island or the other.  I am not saying you have to “give your home away”, I am saying you have to be realistic if your serious about moving.

HOWEVER,  the good news here is, the sellers will now become buyers, and they will benefit from this LOW INTEREST RATE, LOWER PRICED HOME SALES.   Making for an even exchange.  You get less, you pay less.

So when thinking of putting your home on the market, after you’ve interviewed your realtor and decided which one will be best for you, then listen carefully to what they have to say. 

 If it can be seen IN BLACK AND WHITE, WHAT YOUR HOME WILL SELL FOR, then be smarter than the next seller and price it to SELL!

 

 

To read more informative information, just go to cathycataletto.com.

Cathy Cataletto Licensed Real Estate Salesperson

 

Who is Cathy Cataletto?

If you want to be search the internet like a real estate salesperson, click on this link and enjoy!

This blog: Annadale, Eltingville, Tottenville, Princess Bay, Hugeunot, Richmond Town-which location is selling?


Homes For Sale, Staten Island, New York-Mortgage Guidelines Are Changing Rapidly.

August 18, 2010
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During this market place we’re in and the changing guidelines of the mortgage companies and banks, it is so important to keep educated as to the changes.  People ask me everyday on the market conditions, the prices of the homes and how hard is it to get a mortgage.  Obviously, every transaction is different from the next  but what I found while doing some research that there is a certain “guideline” a potential buyer can use.

Below you will find a link that will give you some informative information in regards to mortgages.

INFORMATIVE MORTGAGE GUIDELINES

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Cathy Cataletto Licensed Real Estate Salesperson

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HOMES FOR SALE, STATEN ISLAND, NEW YORK-COLOR YOUR HOUSE SOLD!

August 8, 2010
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What’s the MAGIC  Colors to get your home SOLD

Color plays a BIGGER part in selling a house then one may realize. How you decide to dress your walls or “undress your walls” can convince a buyer that your home is move-in ready or leave them looking elsewhere. If the goal is to see the sparkle of “love at first sight,” consider picking the right paint palette to suit MANY different tastes.

Picking The PERFECT Colors:

Color choices are plentiful, as are the types of paints. When selecting interior colors, consider how you use each room or the feeling that you want to create for the space.  Pick loud colors and your home will seem too busy. White is a great accent, but for walls it is a harsh and cold color. Instead of white, choose warm, inviting and neutral paint colors such as warm weights, linens, warm beige and olive tones.

The best rule of thumb for home remodeling is to stick to a color palette that isn’t too bland but also isn’t too bold. For smaller spaces, such as bathrooms, small bedrooms or sitting rooms,  choose colors that make the room look bigger such as warmer whites. For the bigger rooms, select a paint that is a couple shades darker to create a cozy atmosphere, such as a tan color for walls, with white trim.  With the average size bedrooms, I recommend the calming paint colors, they seem to work best.

Make sure the palette you create flows from room to room. You don’t want your home to look like a rainbow or a box of canyons.  At paint stores, purchase a smaller can of paint and test it on the walls before committing to the color for the entire room.  

If you have a room painted a UNSUAL color due to someone wanting to EXPRESS themselves.  Then I HIGHLY recommend my clients to tone it down and allow the potential buyers to be able to see the possibilities for their own EXPRESSIONS.

Wallpaper Can Be A “Turnoff” And be DIFFICULT AND COSTLY TO “COME OFF”:

My experience with wall paper is that buyers never seem to enjoy the same patterns as the sellers.  They then look at this as AN EXTRA COST,  TROUBLE AND TIME in having to hire someone SOMEONE TO remove it.  Buyers are also afraid of what they may find behind the wallpaper, will the sheet rock be in tact, will the walls now need to be repaired?

LOOK UP:  

I can’t express the importance of repairing and painting any old water stains that might have been caused by a ONE TIME over flow from the kids splashing in the bathtub or a broken dishwasher.  Make sure the problem (for what ever caused the stain) is repaired and remove anything that may give the buyers the wrong impression.

WATER PROBLEMS SCARE ALMOST EVERYONE

This also is true for cracks in the ceilings too.  The best built house will at one time or another experience “settlement cracks”.  This can be easily corrected with tape and compound, with some final paint touch up.

I hope these tips  will come in handy.  I’ve been in many homes for sale in Staten Island, New York as well as Monmouth County, New Jersey, and though style and sizes are almost always different, the BUYERS SEEM TO BE ALL ON THE SAME PAGE.

More of my blogs at:  cathycataletto.com

If you want to search the internet for homes for sale in Staten Island, New York, click on this link and enjoy!

Cathy Cataletto Licensed Real Estate Salesperson

 

Who is Cathy Cataletto?


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Homes for sale, Staten Island, New York-What is the average time a house is on the market before they sell?

August 7, 2010
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There are a lot of buyers out there shopping for a home to buy.  Why did their house sell and mind didn’t?

The simple answer is, how is it priced?  I am not heading toward, let’s price is low and “GIVE YOUR HOUSE AWAY“.  It is pricing it where it brings you in offers that make you IN CONTROL of the BEST PRICE YOU GET.  Now keep in mind that the HIGHEST offer is NOT USUALLY your BEST OFFER.  Your BEST offer is where the get a fair price from the BEST BUYER.  I know how difficult it is to feel like you’re throwing money away but in reality you can’t lose something you never had.  If that higher offer comes with a buyer with issues, low credit score, past foreclosures, income ratio, something to sell, if this is a second home, how long have they had their job.  There are so many factors that come into play, which might be the reason why this buyer comes in with a higher price.  They probably know, or have a feeling that due to the fact that they are NOT THE BEST OF BUYERS, that they need to give more money then what your home may be worth in the present market to more or less entice a seller to go with them.

Also, when you over price a house, you must know that you COMPETITION LOVES YOU and can’t thank you enough, because what you just did was SELL THEIR HOUSE.  You merchandise them right into their home.  Leaving your home STILL ON THE MARKET!

 

 

If you feel, ok I know my Agent did a proper CMA, and it should be priced at “this amount” well I just want to try it at this higher price, I just want to make sure I’m not giving my house away, during that CRITICAL FIRST TIME ON THE MARKET, may be how you lost that buyer that was waiting for your home to come on the market. 

Another reasoning I find from my sellers is that, if they like my house, they will make me an offer.  Now let me ask you a question?  Especially with all the foreclosures, short sales and bank owned properties out there, though they may seem like they’re a slam dunk to buy, in reality they aren’t and a good agent can educate your potential buyer as to why it would be within their best interest to purchase a home without these issues.

Why would a buyer “make an offer” on a house that is overpriced, when the inventory has plenty at a lower price?  THEY WON’T.  So there is yet another reason why you may have lost your buyer.

I can continue on about this, but I think I hit on a few of the main reasons why pricing your home CORRECTLY from the start will in fact give you a better chance of getting more money for your home, then if you price it high.

Just keep in mind that if you do your homework and interview a few experienced real estate agents, and they can show you in black and white what your home is worth, use your common sense and you may be pleased and surprised with the outcome. 

If you would like more informative and interesting blogs you can visit me at:  cathycataletto.com

See all the homes for sale on Staten Island.

Cathy Cataletto Real Estate Salesperson 917-829-1402

 

 Who is Cathy Cataletto?


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New York Licensed Real Estate Salesperson New Jersey Licensed Real Estate Salesperson New York Notary Public Certified Short Sale Agent Circle of Excellence Diamond Award - Ruby Award

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