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As for crooks' original question ... where to look. In Nassau, I would say the best priced areas for first-time buyers would be Levittown, Valley Stream, and some parts of Westbury. Of all of these choices, Valley Stream has the lowest taxes.
As for crooks' original question ... where to look. In Nassau, I would say the best priced areas for first-time buyers would be Levittown, Valley Stream, and some parts of Westbury. Of all of these choices, Valley Stream has the lowest taxes.
Agreed.
VS has good schools and relatively low taxes.
(not too sure about the village).
Locals seem pretty happy with the area.
I'll buy a home if I can afford it without the 8k and if I am ready to buy, obviously the 8k is a perk.... think of it as paying almost 12-18 months of property taxes.... but obviously I will not buy a home just to get the 8k.
$8K isn't enough to make a first-time buyer able to buy in this market, but of course it helps if someone is already planning to buy.
I'm one of them. I'm in the market for a 180-200k condo. Even with ability to put down 20%, I'm still hesitating about buying real estate in this kind of environment. BTW, same money can get my at least a nice 2 bedroom condo in beautiful Miami, FL overlooking the sea.... makes me 2nd guess about LI's home values.
I'm one of them. I'm in the market for a 180-200k condo. Even with ability to put down 20%, I'm still hesitating about buying real estate in this kind of environment. BTW, same money can get my at least a nice 2 bedroom condo in beautiful Miami, FL overlooking the sea.... makes me 2nd guess about LI's home values.
Miami took a very big hit. A few years ago you wouldn't have been able to find that in a non-ghetto area of Miami.
How much would you be able to earn in Miami? Would you be able to get a full-time job with benefits and enough pay to support such a condo?
$8000 makes almost no difference... I wouldn't base a buying decision on it. If you get it, great, if not, home prices will fall by $8000 by the time it's over anyway.
VS has good schools and relatively low taxes.
(not too sure about the village).
Locals seem pretty happy with the area.
Id throw Bethpage/Farmingdale in as well.
Are they heating up?
Best
Crooks
There are some deals in F'dale, but taxes are on the relative high side.
We saw a good condition cape w/ small side yard for $299k. Taxes were over $9k, which took it out of the running
Bethppage - not so much as far as deals.
We currently rent there and we'd love to stay, but it's just a bit out of reach for us. But if you can swing the low 300s, i'd bet something will open up. We tried low-balling a couple of things at the lower end of the spectrum, but that didn't go over.
We focused on W Babylon and Lindy, and (hopefully) have found something in Lindy for ~ $280k. Small, but nice shape, decent taxes. No. of Montauk.
As far as the $8k, I'm kind of hoping to have that replenish the reserves come next year.
I just read an article in New York Times that another bubble burst is possible according to who else but Yale’s Robert Shiller.
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