WELCOME TO ADK REALTY! Pleased to be your Guide! Specializing in Southern Adirondack Property
ADK Realty is happy to provide Buyer Agency Services. ADK Realty DOES NOT CHARGE EXTRA For Buyer Agent Services. You can View ALL the other Realtors listings in one visit! You don't need to call multiple offices for showings. We work for a Buyer Agent Fee offered by the sellers list agent in the MLS. If you are Already Working with an agent? ADK Realty Pays Your Buyer Agent if you buy a ADK Realty listing! Common First-Time Home Buyer Mistakes 1. They don’t ask enough questions of their lender and end up missing out on the best deal. 2. They don’t act quickly enough to make a decision and someone else buys the house. 3. They don’t find the right agent who’s willing to help them through the home buying process. 4. They don’t do enough to make their offer look appealing to a seller. 5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for four years. I will work hard to find you the perfect home at the right price! As a member of Fulton- Montgomery County, Capital Region MLS & finding  FSBO's  happy to have me offer their property to qualified buyers, you'll have plenty of choices!  As your buyers agent I can legally help you with banking. I have saved buyers thousands of dollars in closing costs! I want Everyone to be satisfied & work hard to put together a win-win deal! 10 Reasons to Buy a Home Time magazine is being overly pessimistic in its recent cover piece that called into question the benefits of homeownership. In fact, now is a great time to buy. And, what's more, tomorrow will be a great time to own, because the fundamental strength of homeownership hasn't changed. Why is now a great time to buy? Here are 10 reasons: 1. You can get a good deal. Prices are down 30 percent on average. They're at a level that makes sense for people's income. 2. Mortgages are cheap. At 4 percent on average for a 30-year fixed-rate mortgage, your costs to own are down by a fifth from two years ago. 3. You can save on taxes. When you add up the deductions for mortgage interest and others, the cost of owning can drop below renting for a comparable place. 4. It'll be yours. The one benefit to owning that never changes is that you can paint your walls orange if you want (generally speaking; there might be some community restrictions). How many landlords will let you do that? 5. You can get a better home. In some markets, it's simply the case that the nicest places are for-sale homes and condos. 6. It offers some inflation protection. Historically, appreciation over time outpaces inflation. 7. It's risk capital. If the economy picks up, you stand to benefit from that, even if you're goal is just to have a nice place to live. 8. It's forced savings. A part of your payment each month goes to equity. 9. There is a lot to choose from. There are some 4 million homes available today, about a year's supply. Now's the time to find something you like and get it. 10. Sooner or later the market will clear. The U.S. is expected to grow by another 100 million people in 40 years. They have to live somewhere. Demand will eventually outpace supply. Source: Wall Street Journal, Brett Arends (9/16/10) What is Buyer Representation? It's FREE at ADK Realty! Buyer's agents are also paid by the Seller as per the MLS.  Realtors Share their commission- I enjoy working with Buyers and it's a treasure hunt for me to search for the perfect property that will meet your needs at your price with all negotiating to YOUR ADVANTAGE. As a principal in a real estate transaction, you should always know that you have the right to be represented by an agent who is loyal only to you throughout the entire transaction. Your agent's fiduciary duties to you need never be compromised. After reading many legal discussions regarding dual agency & knowing it's illegal in many States .I prefer to not practice Dual agency but do have to in some instances when I already have a working relationship with a buyer or seller. I will ALWAYS remain Honest to you you the buyer & the seller!   To avoid practicing Dual Agency, when selling my listings to buyer customers; I must By Law, "In dealing with the buyer, the sellers agent should; a) exercise reasonable skill and care in performance of the agents duties; b) deal honestly fairly and in good faith; c) disclose all facts known to the agent materially affecting the value, desirability of the property, except as otherwise provided by law."  I give buyer customers everything I have learned about a listed property and I will direct you to what ever you are seeking. I like buyers to 'hear it straight from the horse's mouth.  I'll find the phone numbers for whom or whatever you seek. Since Sales Data is public record & my sellers give me permission to give buyers the recent sales you will know what's happening in the area you are purchasing.  I am always for inspections and examining the property, verifying wells & septic. Yes, I turn down listings that sellers don't want to acknowledge "issues" & refuse inspections and why I'm a buyer agent on another Broker's listing. For Buyers buying my listings, I can give you lots of Free information regarding the mortgage process,legally I can't 'help' you with your financing.. Not to worry, the Entire Contract is written to your satisfaction and can direct you to Free Public information to help you thru the purchase process so you too can shop for the best financing. I have many years of successful Real Estate Experience to offer you. I will work with you through the entire transaction, be on site for appraisals, inspections, research the property to verify the listing information is accurate, I also am knowledgeable about taxes and possible deductions. ADK Realty will help with the transfer of utilities and other services. ADK Realty will look out for your best interests. As Buyers Agent you'll have someone negotiating for you, I will help write a win-win offer of purchase. I want Total Satisfaction for my buyers! ADK Realty is still there after the closing. Making sure you are happy and assisting with filing for STAR  & other deductions/exemptions you may be entitled too. If you are new to the area I'll direct you to any services needed. ADK Realty really will help you with the entire purchase process. ADK Realty is happy to provide Buyer Agency Services.  This ensures that you have an agent working solely on your behalf.  As a member of three multiple listing services: Fulton- Montgomery County, the Entire Capital Region and Warren County and having several FSBO's  that are happy to have me offer their property (and pay my fee).  I will work hard to find you the perfect home at the right price! Buyers, You deserve representation. I'm happy to bring my office to you and happy to provide listings that may meet your criteria! I am able to provide you with an up to date list of available properties for you to preview via email.  I can get keys and access to anything you find including FSBO’s! Check here for more information helpful to buyers. There are lots of financing options available to buyers. Mortgage Brokers can charge as much as 6% of your purchase price OUCH! I've seen closing quotes on the same $70,000. Property range from $3800 to Over $12,000! Get at least 3 Quotes! Generally the following are common expenses incurred in the purchase of property. Closing Costs: The following are types of expenses you may incur in buying a piece of property. The contract of sale can change who pays for any one or more item. NYS has some of the Highest Closing costs & fees in the nation. SHOP FOR YOUR MORTGAGE It can save you thousands! Pro-rated Expenses: Taxes, Fuel oil in tank, Water Bill. Title insurance (if purchased), Title Continuation (final check at time of recording deed), Recording of deed, Fire & Casualty Insurance, Mortgage tax, Bank Financing: closing points, application fees, appraisal fee, credit check, mortgage insurance, pre-paid interest**, attorney's fees. ** Mortgages are paid in arrears and, for banks, on the first day of the month. Therefore, if you close on the 15th day of the month, you will pre-pay at closing, interest on the money borrowed for the remaining 15 or 16 days of the month. Once a contract for purchase is accepted, there is a time period allowed for: Attorney approval, inspections and mortgage contingency.  At closing Buyers Need to provide certified bank check (as per your attorney), checkbook, driver's license or some form of picture ID, homeowner's Insurance Binder/receipt. ADK Realty will help coordinate much of the above as well as the transfer of utilities, the final walk thru/inspection and help you through a smooth closing and onto enjoying your new property! ADK Realty is a Licensed Real Estate Broker in the State of NY and may represent you anywhere in New York State. My Florida Real Estate License is currently 'inactive'  I am happy to refer you to Agents in Florida, should you be searching there! ADK Realty can help you buy a Foreclosed Home Via HUD Call Mel to Bid on Property Found Here!  Thinking of buying? Here's helpful information regarding representation. Here's what some buyer's have said about ADK Realty: "Thanks for all your hard work! We really appreciate everything you did to make our dream of becoming homeowners a reality." "We bought Stainless Appliances with the money we saved" "We are so happy we found you! Our needs came first, we are really happy in our home!" "You stuck with us for over a year until the perfect house came on the market, thanks" "When I called you I had no idea what a 'go-getter' you were, we looked at 5 houses within an hour and found our home in no time at all! Thank you" "My first investment property was a great success" "We refer all our friends to Mel for quality service and great results" This is meant to provide general information to give you the buyer a better idea of the process of buying real estate. Each transaction is unique & requires individual consideration. Please always seek professional assistance. Definitions and examples of agency were copied from the NY Department of State Counsel's office, and from Real Estate License Law, January 2007. 
P.O. Box 751, Caroga Lake, NY 12032 518-835-2357 mel@adksrealty.com Home Featured Property Lakes Fulton Co Hamilton County Montgomery Co Land Commercial Sold Buyers Info Sellers Info Contact ADK Blog OPEN HOUSE WELCOME TO ADK REALTY! Pleased to be your Guide! Specializing in Southern Adirondack Property