Lindenhurst NY Real Estate Century 21 AA Realty: New York: West Babylon: Fisherman's Wharf Co-op Development West Babylon Ny

Direct Postcard Mailing Works!

Direct postcard mailings do work only if you are consistent. I got the following listing because of it:

The listing was a 1 bedroom coop unit in West Babylon NY. Sold it in 72 days. If I didn't send postcard mailings there every other month, this homeowner wouldn't have known I existed even though I used to live there and moved out 4 years ago. He had no idea I was in real estate until he received one of my postcard mailings. And, he also hired me to help him buy a new home.

It costs me $50.00 per mailing six times per year. That is $300.00 per year and it more than pays for itself with just one listing received and sold.

I know some say direct postcard mailings do not work. Do you do it consistently? If you answer no, then that is why it doesn't work. It didn't "kick in" for me right away but it did three months later.

Here is the postcard I used:

So, be consistent and it will work if you want it to!

Fisherman's Wharf West Babylon NY
152 Millard Avenue
Estimated Monthly Mortgage Payment

I have a new listing at 152 Millard Avenue in West Babylon.

Below is a chart to show you your estimated monthly mortgage payment for 152 Millard Avenue West Babylon NY:

If this West Babylon NY coop sold for $200,000 this is what your estimated monthly mortgage payment would be.

The coop Board at Fisherman's Wharf in West Babylon requires all buyers to put down a minimum of 15%. Your bank may want you to put 20% down given how your credit is.

So, with 15% down your estimated monthly mortgage payment would be $1,956. That is the average cost to rent a 2 bedroom apartment in Lindenhurst NY and West Babylon NY. With a coop, it is still an investment for the future.

Open House - Fishermans Wharf West Babylon NY Coops - 152 Millard Avenue

Where:  152 Millard Avenue - West Babylon NY

Date: Saturday, October 8th, 2011

Time: 1:00 p.m. to 3:00 p.m.

Fisherman's Wharf in West Babylon is located East of Route 109, south of Sunrise Highway and across the street from the West Babylon High School on Millard Avenue.

Why buy a co-op in Fisherman's Wharf in West Babylon? It'simple. Enjoy not having to come home and mow the lawn, water it and say goodbye to snow removal!

Wouldn't it be nice to come home on a hot Summer day and just jump into the in-ground pool and cool off? That is exactly what I used to do when I lived in Fisherman's Wharf in West Babylon NY. I can't describe how refreshing that is!

Fisherman's Wharf in West Babylon NY is conveniently located to the Babylon train station and takes about an hour to get to Penn Station.

Parking accomodations are ample at Fisherman's Wharf Coops. You will never have to park on the street again. Wouldn't it be nice to just park and enter right into your new home? You betcha it is!

Like to work out but not into getting in your car and driving to a gym? There is a nice workout room in the clubhouse at Fisherman's Wharf. I used to also like walking around the development. The length is apporoximately a quarter mile around.

Have a pet? There are no weight requirements for pets at Fisherman's Wharf in West Babylon. That is the ultimate in being a pet-friendly community!

Like to entertain and have parties? For a nominal fee, you can rent the clubhouse for your special affairs. There is even a pool table in the clubhouse.

Come visit me at the open house on October 8th, 2011 from 1:00 p.m. to 3:00 p.m. I hope to see you there!

Fisherman's Wharf Coops West Babylon NY - 2 Bedroom Coop For Sale Fisherman's Wharf at Babylon - 152 Millard Avenue West Babylon NY

Offering $200,000

This two bedroom coop at Fisherman's Wharf West Babylon NY has been well cared for.

This coop is located in the beautiful courtyard section and has a private terrace. Since this unit is on the second floor, there is no one living above you!

The owners extended the kitchen floor to create an eat-in kitchen instead of having a galley kitchen.

Spacious living room, master bedroom and secondary bedroom.

Updated full bath too!

Pet friendly and there are no weight limitations. That is rare to find these days!

If you have children, they will go to the famed Babylon NY School District.

Interactive Map of Fisherman's Wharf at Babylon:


View Fisherman's Wharf Co-Ops West Babylon in a larger map

Amenities:
In-ground pool
Two tennis courts
Clubhouse with pool table. You can rent the clubhouse for parties for a nominal fee.
On-site workout room
Three laundry rooms - One laundry room is a few doors down from this coop unit. Very convenient!

Maintenance Fee:
$985.87 - includes your share of property taxes, heat, management fees, property insurance, landscaping, exterior repairs, interior repairs behind the wall only (you are responsible for the walls outward from inside the unit), part of the property's underlying mortgage, water, garbage removal, pool maintenance, tennis courts, and clubhouse. You pay for your electric, cable and phone. Your maintenance fees are up to 65% deductible but please check with your tax professional regarding this.

Fisherman's Wharf Board Requirements:
Minimum down payment: 15%
3 to 1 debt-to-income ratio
Income requirements: $53,950 per year if you are taking a mortgage. $44,141 if you are not taking a mortgage.
Gross Annual Income must be 5-1/2 times the maintenance fee of $985.87

Board Application Process:
Application Fees: $400.00 (non-refundable) made payable to Total Community Mangement
$150.00 per applicant for a credit and background check made payable to the investigation company.
$600.00 application fee made payable to Fisherman's Wharf.

After the homeowner accepts your offer, you can start your mortgage process. Once you receive your mortgage commitment, then you can send in your application to Total Community Management. When they see you meet all of the requirements, your application will be passed on to the Board. You will then be contacted for a personal interview. Do not worry. The Board is a nice group of homeowners living at Fisherman's Wharf in West Babylon NY.

Once you are approved, you will go to closing in approximately 2 to 3 weeks.

Please call me today (631) 703-0201 to schedule a private showing before the Open House on October 8th, 2011.

Fisherman's Wharf Coops 1 Bedroom Sold Prices - 2nd Quarter 2011

One 1 bedroom coop in Fisherman's Wharf in West Babylon NY sold. It was actually my listing that sold in 72 days!:

183 Millard Avenue West Babylon NY

This is the first 1 bedroom coop at Fisherman's Wharf at West Babylon to sell since 4/1/10.

It's good to see the values remaining stable!

If you are interested in buying a coop at Fisherman's Wharf or other developments, search below:

Fishermans Wharf West Babylon NY Coops - What Are The Income Requirements?

The income requirements to live in Fisherman's Wharf West Babylon NY for Board approval are:

• $53,950 if you are taking a mortgage.
• $44,141 if no mortgage.
• 3 to 1 Debt-To-Income Ratio: If you earn $100,000 per year, your debt cannot exceed $33,000.
• 15% down payment minimum. It used to be 20%.

You are also required to complete an application for the Board to review. You must include the following: paystubs, W-2 and tax returns.

Sounds like we are being nosey but if you do not meet the above requirements or even one of them, you will be turned down by the Board and your time was wasted.

Fisherman's Wharf West Babylon NY Coops - How Much Are The Maintenance Fees?

Maintenance fees at Fisherman's Wharf West Babylon NY can start at $700.00 per month with the majority being in the $900.00+ range. It also depends upon how many shares you own for the particular unit.

It's not just about how much the maintenance fees are, but what is included in those maintenance fees:

• Heat (gas heat)
  
• Water
• Sewer
• Management Company fees
• Mortgage on the development's property
• Property taxes for the development
• Insurance on the property.

The maintenance fees at Fisherman's Wharf in West Babylon NY are up to 65% tax deductible. But, please consult with your Accountant/Tax professional regarding this.

Other than the maintenance fee, you have to pay for your phone, cable and electric.

My next Fisherman's Wharf West Babylon NY Coops post will be about income & debt ratio requirements.

Sold Fisherman's Wharf West Babylon Coop in 72 Days for $173,000!

This unit is located on the ground floor and is a 1 bedroom. Also has a private patio location. A D-Lower Unit model, they are the largest out of all the 1 bedrooms coops at Fisherman's Wharf in West Babylon.

Fisherman's Wharf Coops in West Babylon NY, requires 15% down minimum. This is the Board's requirement not the actual homeowner's requirement.

This unit sold in 72 days. Most coops in Fisherman's Wharf in West Babylon NY take at least 90 days to sell. My aggressive marketing plan help to sell this unit in 72 days.

There are 9 units currently for sale at Fisherman's Wharf in West Babylon.

Closings Can Bring On Mixed Emotions

Closings are a happy day for sellers and buyers. With all the issues that can and do come up while waiting for closing day, closing day is a relief for all.

For me, I find closing day to be a mixed bag of emotions.

Today I have two closings back to back. My homeowner sold his West Babylon NY Co-Op that I listed in December, 2010. We went under contract 72 days later. He is also purchasing a beautiful home in West Babylon NY.

My client was wonderful to work with. Both a seller and a buyer, he has put up with so many issues that arised during both of these transactions. All the time remaining calm, cool and collected. He gave me two transactions and that I am grateful for.

We had fun while house hunting. Saw strange things and had many laughs. I always say house hunting should be fun!

It doesn't take much to make me cry tears of joy or sorrow. I'm an emotional sap. Today is going to be no different. I'm so happy for my client. Seeing someone beaming with pride and joy is enough to turn the waterworks on. I will never forget the huge smile on his face when he signed the Purchase Agreement for his new home 2 months ago.

I get to be a part of closing a chapter in someone's life and helping them move on as much as I'm a part of helping them start a new chapter in their life. This is what being a real estate agent is all about and I can't imagine doing anything else!

Fisherman's Wharf West Babylon Co-Ops Under Contract - 72 Days!

When listing a home, I figure out who the potential buyers are. With co-ops, those buyers could be: trade-down/retiree, snow birds, buyers that want little or no property to take care of, commuters to Manhattan.

Also, my homeowner takes care of the home. It is immaculate. Couple that with pricing it right, and it sold. The buyers loved this one out of the other 7 that are on the market in Fisherman's Wharf. The private patio area helped as well. The buyers loved the fact that this home is in move-in condition. Nothing to do but unpack and that helped to sell it.

I you have been thinking of selling your Fisherman's Wharf Co-Op in West Babylon, Call me today: (631) 703-0201