Posts from July 2024
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- 2026 | 23 Posts
- 2025 | 48 Posts
- 2024 | 58 Posts
- 2023 | 48 Posts
- 2022 | 48 Posts
- 2021 | 27 Posts
- 2020 | 53 Posts
- 2019 | 55 Posts
- 2018 | 27 Posts
22
Understanding Mortgage Choices: Fixed-Rate, Adjustable-Rate, and More
You probably know that almost everyone needs a mortgage to buy a home. But you might not know just how many types of mortgages there are. Our real estate agents are here to demystify your options and help you decide which kind of mortgage is right for you.
Let's break down home loans into five major categories to make them easier to understand. If you're in the market for Roslyn hom...
16
Talk to The Assessor
TALK TO THE ASSESSOR.
By Mathew Joseph.
The New York City Department of Finance assesses your property annually to determine your property tax bill. From July to October each year, Assessors and Assistant City Assessors conduct field inspections across neighborhoods to gather data on assigned properties. These inspections ensure accurate property characteristics are recorded for correct market value estimates. It is crucial to report any discrepancies to the Assessors promptly, especially if they might lower your assessed value and thus your taxes. For instance, if a building has been demolished or property dimensions are incorrect, this should be brought to their attention.
Commercial property owners must also provide income and expense information; otherwise, Assessors may estimate based on market data, potentially leading to inaccurate assessments. Your Notice of Property Value, received in January, details the assessed value determined by...
15
Ultimate Relaxation: Tips for Enjoying National Hammock Day
At Laffey Real Estate, our REALTORS® understand the importance of home as a sanctuary. In honor of National Hammock Day, we're sharing insights on how to incorporate different types of hammocks into your Long Island home, ensuring a perfect blend of comfort and style.
8
Chill Out This Summer: Iced Coffee on Long Island
Having a cup of coffee is a daily ritual for many of us, but let's face it—sometimes you're just not in the mood for your usual order. Summertime is the perfect occasion to shake up your coffee routine by trying out some of the many places where you can get great iced coffee on Long Island. Try out a few of our real estate agents' top picks from the list below.
3
Solar Tax Break in New York City
TAX BREAK FOR USING SOLAR POWER.
BY MATHEW JOSEPH
Solar power is a reliable, renewable source of electricity. Solar panels generate electricity, recover thermal energy for reuse and act as a roof covering. Using Solar power reduces demand on New York City's electrical grid. This tax abatement provides a property tax abatement to properties that use solar power.
NYC Department of Buildings (DOB) determines eligibility and approves the application while the Department of Finance administers the benefit. Tax Clas Class 1, 2 and 4 properties which does not receive ICAP, 421-a, 421-b, 421-g or pay PILOTs, are eligible for the Solar Electric Generating System Tax Abatement.
The amount of the benefit depends on the date your solar service starts. Use the chart below to locate the percentage of the installation cost based on the service's start date.
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