Joseph Armato top realtor strategies today? Global Realty Development, LLC brings you some of the finest and most innovative real estate developments in New York City and the surrounding areas. From visionary design to state-of-the-art engineering, our brokerage continues to raise the bar for luxury developments in one of the most dynamic cities in the world. The company has been serving real estate investors for over 16 years. Owner-operator Joseph “Joe” Armato, Sr. leads a team of licensed agents, brokers, and other professionals, facilitating high stakes transactions with ease and taking a hands-on approach to property management. His son, Joseph Armato, Jr., is a licensed agent with formidable negotiation skills. The father and son team is dedicated to meeting the needs of their clients, going above and beyond to ensure the success of every transaction.
Lastly, take a moment to ensure you actually want to buy a home as opposed to continuing to rent. I constantly hear the old “throwing away money on rent” line and it never gets old. Then I proceed to fantasize about renting with not a care in the world. Are you sure you’re throwing away money on rent? Renting can be pretty awesome. You don’t pay property taxes, homeowners insurance, HOA dues, PMI, or mortgage interest. And you can leave whenever you want. That sounds like a sweet deal too. Oh, and if anything goes wrong, you can just call your landlord or property management company. With a home, the problem is yours, and yours alone to deal with. Broken water heater? You’re paying thousands out of pocket, not the landlord.
Real estate investment can be daunting to beginners. However, it does not have to be as they are many resources available online that give you the necessary information to take your first step. It should also excite you that the real estate industry has a lot of growth potential. According to experts, despite the pandemic, the US housing market “… increased by a record $6.9 trillion in 2022, to $43.4 trillion, Since the lows of the post-recession market and the corresponding building slump, the value of housing in the United States has more than doubled. The most expensive third of homes account for more than 60% of the total market value. The market value hit the $40 trillion mark in June of last year and since has been gaining an average of more than half a trillion dollars per month.” As a rookie coming into the industry, you do not have to worry about the real estate industry going down.
Joseph Armato New York, NY real estate trick daily: Create A List Of Amenities – When shopping for a home, list the Top 10 features (fireplace, fenced-in yard, new appliances, etc.) that are most important to you. Establishing this criteria early will save time shopping for inappropriate homes and keep you from buying a home on a whim. Your top reason for buying a home should be the value you are getting. That being said, some of your top 10 amenities could be sacrificed if an incredible value becomes available.
Renovating increases the house value says Joseph Armato New York, NY : No matter how organised or experienced you are, renovating is a stressful and time consuming process, so unless a project is guaranteed to give you either your dream home, or make you money, you are taking on the wrong property. You want to renovate, not rebuild. At auction, novice investors sometimes ‘buy blind’. But more experienced and savvy builders will often commission a preliminary survey to flag up hidden dangers, defects and structural botches, works where consent should have been obtained (but may not have been), as well as location risks such as obscure rights of way, flooding and radon.
What Slim Pickings Mean for Sellers? Low inventory means low selling competition! You can probably expect to see offer letters flooding your mailbox the same way Hogwarts sent Harry Potter his acceptance letters. Since your home will be one of the (relatively) few listed on the market, you could be in the driver’s seat. So enjoy possibly picking the best offer and moving at a pace that best suits your timeline. But after your home is sold, you probably won’t be in the driver’s seat anymore (if you’re buying again). So decide on plans for your next home before you sell. Find extra details at Joseph Armato.
When we first started our home renovation journey I heard from so many people that the process wouldn’t be easy. But boy, I didn’t think it would be that hard. Renovating our home literally took years off of our lives. When I was going through it, I remember getting a DM from a reader who told me that they renovated their home about 3 years ago and while it was miserable, they would do it again in a heartbeat. At that moment, I wasn’t sure if she was right. Would I voluntarily put myself through this again? Fast forward a year, and it turns out she was right. I would do it again, but I would do it a little differently. Here’s what I wish I knew before I renovated my house and some home renovation tips: