Thomas J. Real Estate, Inc. is a full service real estate brokerage located in Edinburg, NY along the shores the Great Sacandaga Lake. Our blog provides information on the local real estate market including home ownership tips and general information on homes sales in the Capital Region of New York State, including waterfront and lake access homes for sale on The Great Sacandaga Lake. 

April 18, 2022

Direct Waterfront Home Great Sacandaga Lake

Direct Waterfront Home Great Sacandaga Lake 

Welcome to 121 Kunkel Point Rd Mayfield, NY. This direct waterfront home offers 79.6ft of sandy frontage along with a floating dock, 3 bedrooms, 1.5 baths, open living w/ wood stove, upgraded kitchen with granite counters, 1st floor laundry and an enclosed finished porch. Sit back on the open deck which over looks the lake and the custom fire pit while enjoying a beverage or some s'mores.

MLS# 202230220. Asking price $499,000

To schedule a private tour contact Thomas J. McGroder Lic. Real Estate Broker at Thomas J Real Estate, Inc.  

Follow this link Great Sacandaga Lake Homes to see all the current waterfront, lake access homes and real estate for around the lake.

April 18, 2022

Check your Homes Market Value

Do you want to know the value of your home?

Are you tied of guessing what your homes value is? Well we have the solution. Take a look at Thomas J. Real Estate's Home Valuation Tool. Just enter your address and receive an instant market valuation. 


If you'd like to consult with one of our market professional visit Thomas J. Real Estate, Inc for a free private consultation. 

Posted in Market Updates
April 17, 2022

Great Sacandaga Lake April 2022 Market Update

Welcome to Kevin Hanson's April 2022
Great Sacandaga Lake Market Update

Kevin Hanson Licensed Real Estate Salesperson with Thomas J. Real Estate, Inc. gives his monthly real estate update for the Great Sacandaga Lake. Kevin talks about how many lake homes are currently on the market, price range and time on market. 

If you like this video and would let to keep updated on the Great Sacandaga Lake Real Estate Market, please subscribe to our Youtube Page

Also be sure to visit Thomas J. Real Estate, Inc. and receive real estate listings as they become available. 

Posted in Market Updates
April 16, 2022

Great Sacandaga Lake Cottage

5 Jeanie La Day, NY
Welcome to 5 Jeanie La Day, NY




This Great Sacandaga Lake Cottage is move in ready and offers 10ft of sandy easy access just seconds away. The floor plan consists of a combination living room with wood stove & dining area, galley kitchen with a small sitting area, 1 first floor, bedroom along with a large open room currently divided into 2 additional bedrooms on second floor, 1.5 baths and a screened in porch to sit back and reflect on the activities of the day! Within half hour of Lake George and Saratoga Springs. MLS 202215297 Asking $339,000.

Visit Thomas J. Real Estate, Inc. for additional information or to search our current real estate market along the Great Sacandaga Lake.   Thomas J. Real Estate, Inc is a full service real estate brokerage located at 78 Northville Rd Edinburg, NY 

April 14, 2022

Staging your home

Staging Your Home

 

 

Staging is the process of enhancing the look of your home, preparing it in the best possible way, to make it more attractive to a potential buyer.  

 

The prospective buyer needs to be able to visualize the home as his/her own, getting a feel for the space as a setting for a new chapter of life.

 

How do you stage a house?  We spoke to real estate expert Donna E. Hunter for answers to the most asked questions…

 

When staging, where do you begin?

The place to begin is the front of the house, where your buyers will get their first impression.  Curb appeal is super important, so be sure to have the lawn mowed/snow shoveled.  Make sure there is no peeling paint, or screens, windows, or doors in need of repair.

 

Which are the most important rooms to stage?

Inside the house, the kitchen and bathrooms are the most important rooms to stage.  Kitchen counters should be clear of clutter, no dishes in the sink or dishwasher, outside of refrigerator free of magnets, children’s artwork, etc.  Bathrooms, likewise should be clean and fresh. The real estate mantra “If You Can Smell It, You Can’t Sell It!” rings true.

 

How do you make a small room look larger?

Remove extra furniture, open blinds and let the natural light in, if possible, repaint the room a soft white, which will give it a clean and more open look.

 

What about burning candles or using air fresheners?

 Try to avoid using artificial fresheners and focus on natural smells, like clean air from an open window, or a freshly baked apple pie.

 

Are there any other important tips?

Remove personal photos which can distract potential buys from visualizing the home as their own.   Pet toys, food dishes, and litter boxes should be clean, organized, and free from odors. Plants are fine if they are strategically placed, and can lend a softer touch to a room.  You may want to point out that unused third bedrooms can be made into great home offices - so much better than the dining room table!

 

Final thoughts?

It is important to remember that staging is not interior decorating.  In the majority of cases, there is no need to do major renovations or spend great amounts of money.  Neutral colors and rooms that are neat and clean help you sell faster and at the best price.

 

If you are thinking of selling contact Donna Hunter at Thomas J. Real Estate, Inc to see how staging will help you get the most value for your home.

 

April 14, 2022

SOP For Buyers

Thomas J. Real Estate, Inc.'s Standardized Operating Procedure for Purchasers of Real Estate.

 

Posted in Market Updates
April 5, 2022

First Time Home Buyer Specialist

First Time Home Buyer, Thomas J Real Estate

First Time Home Buyers

Buying your first home is an experience filled with excitement, but also a daunting challenge for those new to the real estate market.  How can you best be prepared?  Several steps can help you feel confident and ready for this big step.

Begin with an in-depth look at your finances.  This will help you understand the price range you can afford.  A check of your monthly expenses and your current credit score are important pieces to consider.  When looking at your available finances, remember to include an emergency fund in your calculations for unintended expenses that may crop up.  In the process of buying a home, there are several costs to consider including a down payment, home inspection, legal services, and closing costs.

In addition, there are several programs, loans, and tax breaks that states offer to first-time buyers.  The State of New York Mortgage Agency (SONYMA) offers low-interest loans and programs for first-time qualified buyers. Achieving the Dream is their lowest interest rate program, helping you to get the most for your money with a minimum down payment.  There is also a low interest rate program, a Conventional Plus mortgage program, and an FHA Plus Program.  Visit hcr.ny.gov to learn more.

A variety of government programs also exist, such as FHA loans, programs for service members and veterans, and programs for rural residents, along with county-specific programs

Go to www.usa.gov for information.

Above all, a competent REALTOR® is your best bet in securing the home of your dreams. The professionals at Thomas J. Real Estate, Inc. are well versus in assisting First Time Home Buyers. Our professionals will guide you as you make your way through the house hunting process.  A good REALTORs® experience and knowledge is an invaluable tool to assist and protect you!

Posted in Market Updates
April 5, 2022

Real Estate Terms Home Buyers & Seller Should know

 

Real Estate Terms for Home Buyers and Sellers

 

Real Estate Terms You Should Know

 

Having an understanding of basic real estate terms is an important piece of your property search or sale.  Some of the terms are well-known, others may have you scratching your head!  Here is a short list to get you started:

General Terms:

Agent - a licensed real estate agent

Broker - a licensed real estate agent who has passed the state broker exam and met the required number of real estate transactions.

MLS - an MLS (Multiple Listing Service) is a database which provides REALTORS® with data about properties for sale.

Appraisal - an unbiased valuation of property 

Equity -  the value of an asset, after any liabilities are subtracted

Standard Sale - the sale of property either owned outright or where the owner owes less on the mortgage than the market value

REO Sale - An REO (Real Estate Owned or Bank Owned) sale is the sale of a foreclosed home that now belongs to the lender.

Short Sale - the sale of property for less than the amount owed on the mortgage, many times used to avoid foreclosure.

Trust Sale - a real estate transaction in which the beneficiaries of a trust control the decisions made during the sale.

Probate Sale - a real estate transaction in which the property of a deceased person is sold and divided among the beneficiaries.

Property Terms:

DOM - DOM (Days on Market) stands for the amount of time a property was for sale.

CC&Rs - Covenants, Conditions, and Restrictions are used to control the use, general appearance, and maintenance of common interest properties.

HOA - HOAs (Homeowners Associations) make (and enforce) rules and regulations for condos, townhomes, and planned communities.

NHD -  Natural Hazard Disclosures report the existence of hazard zones to prospective buyers 

Land Lease - an agreement in which a landowner rents out land to a tenant or a lessee.

Financial Terms:

Pre-Qualification - the first step in understanding how large a loan you will qualify for 

Pre-Approval  - a conditional promise to approve a mortgage

FHA Loans - a US Federal Housing Administration insured loan backed by mortgage insurance which protects lenders against losses

VA Loans - a mortgage loan guaranteed by the US Department of Veteran Affairs

Before you start your real estate search you'll want to contact one of our trusted professionals at Thomas J. Real Estate, Inc. Our licensed real estate agents are well experienced in assisting buyers and sellers with their real estate needs. 

 

 

Posted in Market Updates
July 31, 2017

Curious About Local Real Estate?

Receive the Latest Local Market Stats

Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood trends, the median price and square footage of each home sold and so much more. We’d love to invite you to do the same!

Get Local Market Reports Sent Directly to You

You can sign up here to receive your own market report, delivered as often as you like! It contains current information on pending, active and just sold properties so you can see actual homes in your neighborhood. You can review your area on a larger scale, as well, by refining your search to include properties across the city or county. As you notice price and size trends, please contact us for clarification or to have any questions answered.

We can definitely fill you in on details that are not listed on the report and help you determine the best home for you. If you are wondering if now is the time to sell, please try out our INSTANT home value tool. You’ll get an estimate on the value of your property in today’s market. Either way, we hope to hear from you soon as you get to know our neighborhoods and local real estate market better.

Posted in Market Updates