Key Real Estate Services, LLC is in The Hunt!

Did you see us in The New York Times Real Estate section?

 

Seniors Real Estate Specialist

As a Seniors Real Estate Specialist, I work with older homeowners during a time that is usually more of a life change than a simple change of address. That change may be precipitated by any number of events or circumstances such as:

  • Retirement
  • Down-sizing
  • Desire to be closer to children and grandchildren
  • Illness or reduced mobility
  • Relocation to a warmer climate
  • Loss of a spouse
  • Empty-nest freedom
  • Property tax burden
  • Unlocking equity

So as a Seniors Real Estate Specialist I first help clients and their families facilitate other changes that might impede their move at a later age. With a roster of trusted vendors Key Real Estate Services can assist with:

  • Organizing personal property
  • Selling and donating household furniture and items collected over decades
  • Repairs and cleaning to prepare a property for sale
  • Bridging distances between family members
  • Overcoming inertia
  • Property tax grievance
  • Curing property violations
  • Identifying a new home better suited to current needs

Regardless of the reason and the obstacles, selling a long-time home and/or finding a new home to suit special needs requires the time and sensitivity that a Seniors Real Estate Specialist is trained to provide. Please take advantage of this special training to ease the way through your real estate transaction when the time comes.

Please contact me through the contact form or at 718-874-2877 or 914-661-0340. I look forward to hearing from you.

What one KRES client had to say:

"Thank you so much for making the sale of my Mom's house a positive experience! [Y]ou were always on top of what had to be done—and good at explaining the process to me. It was great working with you."
D. Hartman, Co-Trustee
September 2013

You Can't Make This Stuff Up!

Unit Number Riddle

When is a three-family house a one-family home? When it's a one-family house with three residential units. Get it?

This real estate riddle is frequently played out in the New York metro area where one or more illegal apartments are created in a house to help the property owners generate income from their home. The problem comes when that homeowner/landlord attempts to sell their illegally divided house with or without tenants. Banks don't make loans to buyers of houses when an appraiser's report description does not conform to the property's legal status.

What defines an illegal unit? Another kitchen with a working stove is the "tell" even though there are certain situations where an appraiser will accept two kitchens in a one-family house. But three kitchens in a legal single-family home are pushing it; I've had one of those. Four kitchens in a legal two-family house are pushing it exponentially; I've seen one of those.

The solution involves removing the offending kitchen(s). This needn't mean major renovation. Usually the removal of a stove and capping of the gas line will do the trick. Think of it not as loosing a kitchen, but gaining a wet bar—and there are no restrictions on that.

You can't make this stuff up.