Steve Scarnati

Steve Scarnati Steve Scarnati, based in White Plains, NY, grew up in Mahopac, giving him deep knowledge of Westchester, Putnam, and Fairfield County, CT.

He brings leadership, strategy, and market expertise to your real estate journey. I have extensive knowledge of Westchester and Putnam Counties with a primary focus in White Plains real estate. My insights and knowledge benefit a range of clients from luxury homebuyers and sellers to renters, and investors.

Do you feel like you need an advanced degree to figure out what is affecting your credit score? The good news is you don...
01/03/2022

Do you feel like you need an advanced degree to figure out what is affecting your credit score? The good news is you don’t - it can actually be very simple 🤓

Behind the number itself (credit scores typically range from 300 to 850), there are five main factors used to calculate credit scores 💸

Lenders use those scores to figure out how likely you are to pay back your debt - thus those scores are often the deciding factor in whether you will get a new loan 🏦

As your financial profile changes, so does your score, so knowing what factors and types of accounts affect your credit score gives you the opportunity to improve it over time 💯

Want to learn more about the home buying process? DM me 📥  and let's discuss your specific scenario 📲
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Here are some fun facts for today 😁Is there a home buying term that confuses you? 🤔Drop it in the comments below and i’l...
12/30/2021

Here are some fun facts for today 😁

Is there a home buying term that confuses you? 🤔

Drop it in the comments below and i’ll be happy to explain 🏡

Want to learn more about the home buying process? DM me 📥  and let's discuss your specific scenario 🔑
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12/28/2021

There are variations of what’s the perfect schedule is for a realtor 🏡

At the end of the day nobody can tell you what to do with your time. The bucks stops with you 💥

The best schedule is the one you will follow. I know one’s things for sure this is what works for me 💯

What’s your typical day?👇

Well I didn’t hit my goal of 40. But I’m just getting started 😁Families Helped December 🎅🏻85 Camp Ave Apt 6D, Stamford 🎄...
12/26/2021

Well I didn’t hit my goal of 40. But I’m just getting started 😁

Families Helped December 🎅🏻

85 Camp Ave Apt 6D, Stamford 🎄
12 Old Mamaroneck Rd Apt 2E, White Plains 🎄

Thank you to everyone who trusted me with the sale of their property this year and everyone who has referred me business. It means the world to me ❤️

Who can I help next year? Leave a comment or DM me 🏡

The personal touch will never be able to be matched or replaced 💯Yes, much of the real estate experience will be digitiz...
12/20/2021

The personal touch will never be able to be matched or replaced 💯

Yes, much of the real estate experience will be digitized in the years to come, but buyers and sellers will always need experts to depend on.
What are your thoughts? 🤔

Want to learn more about the home buying process? DM me 📥  and let’s discuss your specific scenario 🏡
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History shows that real estate prices experience bigger ups than downs over the long term 🏡Real Estate or Stocks? What d...
11/29/2021

History shows that real estate prices experience bigger ups than downs over the long term 🏡
Real Estate or Stocks? What do you think is the smarter long-term investment? 💸
Data provided by fred.stlouisfed.org 👍
Sources: Census, HUD ✌️
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Want to learn more about the home-buying process? DM me 📲

Correct Answer: FALSE ❌Good deals are out there, but you can never assume that you’re getting a bargain simply because i...
11/22/2021

Correct Answer: FALSE ❌

Good deals are out there, but you can never assume that you’re getting a bargain simply because it’s a foreclosed property 💯

In states where home prices have risen the most, foreclosed properties sell within 5 percent of their full market value, according to a study by First American Real Estate Solutions, a Santa Ana, Calif., company that maintains a national database of real estate data 👍

Furthermore, the lenders that own foreclosed properties are usually prevented from accepting offers lower than appraised value, at least during the first several months that a home is on the market, says Richard Courtney who wrote a chapter on “Foreclosures: Fool’s Gold” in his book Buyers are Liars & Sellers are Too! (Fireside Books/Simon & Schuster, 2006) 😤

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Want to learn more about the home-buying process? DM 📲

11/18/2021

It’s important to make sure you have supporting comparable sales within 1 mile radius in past 365 days of the property you’re buying or selling to avoid any potential appraisal pitfalls 🏡

Ideally, within .5 mile radius past 180 days if available. Sometimes there just isn’t and have to expand or get creative to support value 💯

A low appraisal isn’t necessarily always a deal killer. It can set up another round of negotiations 🤺

11/17/2021

PMI stands for private mortgage insurance 💰

Banks will require it if you’re putting down less than 20% on your mortgage 💸

PMI will increase your monthly payment. It’s the banks way of protecting itself if you default on the loan 💯

If you’re getting a VA loan PMI is waived 🇺🇸

11/11/2021

The sellers attorney deposits the buyers down payment into an escrow account 🏦

The seller cannot receive the funds until closing. Unless the buyer decides to back out of deal without satisfying all terms in the contract of sale ✍️

Consult your attorney for legal advice 👍

11/04/2021

Yes, you can put down only 3/3.5% 🏦

However, it becomes much more of a challenge to get an accepted offer when competing against multiple offers with larger down payments or all cash🤞

10/26/2021

New York State imposes a real estate transfer tax on conveyances of real property or interest therein💰

It’s $4 for every $1,000 of the purchase price. However, most cities have their own additional transfer tax 💵

Cities are the only entities in NY that can impose their own transfer taxes. For example, a town couldn’t impose their own transfer tax 💸

This fee is paid at closing 🏠

Address

120 Bloomingdale Road
White Plains, NY
10605

Telephone

+18456613469

Website

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