Setauket, NY

Setauket New York Condo | The Lakes At Setauket | Zip Code 11733

The Lakes in Setauket Long Island is a Homeowner's Association community on The North Shore and buyers have been asking us about this area.

Nestled by Route 347 and Old Town Road in Suffolk County, The Lakes is a community consisting of approximately 314 attached units that are in groupings. The Lakes At Setauket was built in the late 1990's and has many amenities including 3 pools, 2 tennis courts, a clubhouse, gym and is surrounded by beautiful lakes.

The Lakes has both ranch style units (ground level or upper units) and 2 story townhouse designs, some with Master Bedrooms on the main level. All units feature central air conditioning and gas heat. The Lakes is located within The Three Village School District #1.

When navigating through this community, you will find Erin Drive, Erik Lane and Thomas Lane. According to public records and the multiple listing service, The Lakes had 9 closed sales for 2011 between $328,900 for a 1 bedroom 1 bath unit, to $419,000 for a 3 bedroom 2.5 bath residence.

LARRY AND SHEILA are Realtors with Charles Rutenberg Realty and have been getting inquiries about this community known as The Lakes. Call us if you too would like to consider this community on your Condo search, or any other community on the North Shore. Perhaps you would like to sell your present residence and want to list it with Larry & Sheila. We can feature your property on our popular websites. If you are relocating to The North Shore of Long Island, we are Certified Relocation Specialists! Please call LARRY AND SHEILA at 631-805-4400.

It is very possible to have a successful short sale but not all short sales are created equally, Here are a few things you should ask/and or look at before you take the listing:

1. How much do they owe on the mortgage?

2. Are there multiple mortgages on the home?

3. Have they declared bankruptcy?

4. What do the comparables (CMA)(BPO) say the home is worth?

5. When was the last time they paid the mortgage?

6. Who are the banks that are holding the note?

Knowing this information will give you a good idea of wheather or not you will "weather the storm" and have a successful short sale and CLOSE on the listing.

Once you have decided to sell your home, you want to put it on the MARKET, get OFFERS, and SELL and you want it to accomplish this as quickly as possible.

The key is to "position" your property so that it is desirable; attractive to buyers in the market place, & competitive; so that it competes well when compared to other similar homes in the area.

OVER PRICED HOMES:
When a home is "Listed" above what the buyers are willing to pay and what banks are going to appraise it for, we are just wasting our time. We wind up with:

• A home that sits on the market, has minimal offers and ultimately never sells.
• Disappointed sellers: the inflated price set the stage with a false sense of hope that they may get "$$$" for their home.

The best way to avoid all the disappointment is to market the home competitively from the very beginning. Below are some pointers for you to consider.

1. Have an agent do a comparative market analysis of your home (CMA) This will give you a demonstration of what other buyers paid for homes similar to yours. The agent will make adjusts up or down depending on the amenities of your specific home.
2. Get a bank appraisal to find out exactly what the bank determines your property to be worth. (If your home does not appraise for what you are asking, or even what someone is willing to pay, it will be very difficult for the prospected buyer to obtain a mortgage on the property)

Having a bank appraisal is fairly inexpensive when considering how much time you can/will save. And everyone knows what they say; "timing is everything" & "time is money"

Setauket Long Island | Homes Sold July 2011 | Suffolk County New York

Larry & Sheila, Realtors with Charles Rutenberg Realty, are providing statistics for homes sold in Setauket New York during the month of July 2011, according to public records of the multiple listing service.

Setauket Long Island | Willow Wood Condominium| Three Village School District #1 | North Shore LI

Willow Wood at East Setauket is a condominium community situated in Suffolk County New York in the Town of Brookhaven, on Long Island's North Shore.

There are no amenities at this community, but it has a code-gated entry system at the front of the complex, and a pretty pond in the center of the community.

Each attached townhouse at Willow Wood has a garage with an interior entry, central air conditioning, gas heat, and patio. These are townhouse 2 story designs, with the Aspen floor plan having the master bedroom on the main level. Willow Wood Condo Community is within the top rated Three Village School District #1. According to public records and the multiple listing service, in 2010 townhouses in Willow Wood at East Setauket sold between $391,000 to $429,000.

LARRY AND SHEILA, Realtors with Charles Rutenberg Realty, can sell you a condo in Willow Wood at East Setauket when available, or any other community on the North Shore of Long Island. Perhaps you would like to sell your present residence and want to list it with Larry & Sheila. We can feature it on our popular websites. If you are moving to Long Island, we are Certified Relocation Specialists!

http://www.suffolkexperts.com

Email: sheila@suffolkexperts.com

We are not affiliated with this community, but are independent Licensed Realtors.

We do not have any information on management or contact phone numbers.

All content text is the exclusive property of Suffolk Experts, and may not be used without the expressed written permission of Larry & Sheila. All information is believed to be accurate but is not guaranteed.