Trego Realty Group LLC

Trego Realty Group LLC Trego Realty Group LLC serves all of St Lawrence Cty. Elizabeth Trego, licensed r.e. broker/owner.

“Thank you Alex! It was a pleasure working with you and I wish you the best in your new home!~Tracy”Thank you for choosi...
06/11/2026

“Thank you Alex! It was a pleasure working with you and I wish you the best in your new home!
~Tracy”

Thank you for choosing Tracy and Trego Realty Group!

Today’s Real Estate Word of the Day: Contingency‼When buying or selling a home, you may hear the term contingency. While...
06/11/2026

Today’s Real Estate Word of the Day: Contingency
‼When buying or selling a home, you may hear the term contingency. While it sounds complicated, it's actually an important safeguard for everyone involved in a real estate transaction. A contingency is a condition that must be met before a real estate transaction can move forward and ultimately close. These conditions are written into the purchase agreement and help protect buyers and sellers from unexpected issues.
Common contingencies include:
✅Home Inspection Contingency: This allows the buyer to have the property professionally inspected. If significant issues are discovered, the buyer may be able to negotiate repairs, request credits, or in some cases, cancel the contract.
✅Financing Contingency: This protects the buyer if they are unable to secure a mortgage loan. Without this contingency, a buyer could risk losing their deposit if financing falls through.
✅Appraisal Contingency: This ensures the home appraises at or above the agreed-upon purchase price. If the appraisal comes in lower than expected, the buyer and seller may need to renegotiate the terms of the sale.

Why are contingencies important?
They help protect buyers from unforeseen financial or property-related issues.
They provide a clear process for resolving concerns before closing.
They help ensure that all parties can move forward with confidence.

While contingencies can sometimes add extra steps to the transaction, they are designed to reduce risk and create a smoother, more secure home-buying experience.

Whether you're buying your first home or preparing to sell, understanding contingencies can help you navigate the process with greater confidence and peace of mind. Have questions about contingencies or the home-buying process? Let's connect!

Whether you are looking for extra space or convenient location, this home is a must see Situated near downtown Potsdam, ...
06/10/2026

Whether you are looking for extra space or convenient location, this home is a must see Situated near downtown Potsdam, it has 5 bedrooms and 5 full bathrooms! Yes, there is a first floor bed/bath, and each bedroom on the second floor features its own ensuite bathroom. 😍

View the full listing here: https://www.tregorealtygroup.com/idx/listing/NY-SLCMLS/52642/1-South-St-Potsdam-NY-13676

Tracy Bernard, Licensed RE Associate Broker | Trego Realty Group | cell 315-261-1625 | email [email protected]

Today’s Real Estate Word of the Day: Escrow‼One of the most important parts of a real estate transaction is something ca...
06/10/2026

Today’s Real Estate Word of the Day: Escrow
‼One of the most important parts of a real estate transaction is something called escrow. Escrow is a neutral account where money, contracts, and important documents are securely held by a third party until all the terms and conditions of a real estate transaction have been met.

Think of escrow as a secure holding area that helps protect both the buyer and seller throughout the home-buying process. When a buyer makes an offer on a home, they often submit an earnest money deposit. Instead of going directly to the seller, those funds are placed into an escrow account and held there until the transaction is completed.

During escrow, several important steps typically take place:
Home inspections are completed, Financing is finalized, The property appraisal is conducted, Title searches are performed, Required documents are reviewed and signed The escrow company or agent acts as a neutral party, ensuring that no funds or documents are released until everyone has fulfilled their agreed-upon obligations.

Why is escrow important?
✔️ It protects the buyer's deposit
✔️ It helps ensure the seller receives payment once conditions are met
✔️ It provides a secure and organized process for handling important documents and funds
✔️ It helps reduce the risk of disputes during the transaction

Once all conditions have been satisfied, escrow "closes," the funds are distributed, ownership is transferred, and the buyer officially becomes the new homeowner.

Understanding escrow can help make the home-buying and selling process feel much less intimidating and much more manageable. Have questions about how escrow works? We’d be happy to help!

Today’s Real Estate Word of the Day: Appraisal‼If you're buying or selling a home, one term you'll likely hear is apprai...
06/09/2026

Today’s Real Estate Word of the Day: Appraisal
‼If you're buying or selling a home, one term you'll likely hear is appraisal.
An appraisal is a professional estimate of a property's current market value. During the home-buying process, a licensed appraiser evaluates the property and compares it to similar homes that have recently sold in the area to determine what the home is worth. In most cases, lenders require an appraisal before approving a mortgage because they want to ensure the home's value supports the amount being borrowed.

Why does an appraisal matter?
✅For buyers, an appraisal helps protect against paying more for a home than its fair market value.
✅For lenders, it reduces risk by confirming that the property serves as adequate collateral for the loan.
✅For sellers, a strong appraisal can help support the agreed-upon purchase price and keep the transaction moving forward.

What happens if a home appraises lower than the purchase price? The buyer and seller may need to renegotiate the price, the buyer may need to bring additional funds to closing, or both parties may work together to find a solution that keeps the deal on track.

Understanding the appraisal process can help you feel more confident and prepared when navigating a real estate transaction. Have questions about appraisals or the home-buying process? Feel free to reach out!

Where are my first-time buyers? How about my “its been a while” buyers and sellers? This week we’re highlighting a few w...
06/08/2026

Where are my first-time buyers? How about my “its been a while” buyers and sellers? This week we’re highlighting a few words that you’ll hear in you’re real estate journey. Please let us know if there’s a topic you’d like to learn more about!

First up: Equity
‼One of the most important terms every homeowner should understand is equity.
Equity is the difference between your home's current market value and the amount you still owe on your mortgage. Think of it as the portion of your home that you truly own.
Example: If your home is currently worth $400,000 and you still owe $250,000 on your mortgage, you have $150,000 in equity.
As home values increase and your mortgage balance decreases through monthly payments, your equity can grow over time. This is one of the biggest financial benefits of homeownership.

Why does equity matter?
✅ It can increase your net worth
✅ It may provide borrowing options through a home equity loan or line of credit
✅ It can help fund your next home purchase
✅ More equity often means more profit when you decide to sell

Understanding your home's equity can help you make smarter financial and real estate decisions, whether you're planning to sell, refinance, or simply build long-term wealth. Have questions about how much equity you may have in your home? Reach out to learn more.

Have you spotted our new billboard yet?
06/07/2026

Have you spotted our new billboard yet?

Address

162 Main Street, Suite 2
Massena, NY
13662

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+13157055542

Website

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