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Research Team - 30 Jul, 2026
Property Tax Proration at Closing: Who Pays What
Property taxes don't stop accruing just because you're selling mid-year — and untangling who owes what for the months before and after closing is one of the more confusing lines on a seller's closing statement. Short answer: Property tax proration splits the year's property tax bill between the seller and the buyer based on how many days each of you owned the home during the tax period. Selle ...
- Research Team
- 29 Jul, 2026
The $250K/$500K Home Sale Tax Exclusion, Explained
There's one tax rule that matters more to most home sellers than any other single piece of the tax code: the home sale exclusion. It's the reason the overwhelming majority of people who sell their pri ...
- Research Team
- 27 Jul, 2026
The Biggest Mistakes Long Island Home Sellers Make
Long Island home sales are high-stakes by any measure — median prices in Nassau County regularly exceed $650,000, and the transaction process involves attorneys, New York-specific disclosures, complex ...
- Research Team
- 26 Jul, 2026
Cash Offer vs. Listing Your Long Island Home
Cash home buyer mailers, digital ads, and "we buy houses" solicitations have become common across Nassau and Suffolk Counties. The pitch is consistent: fast closing, no showings, sell as-is, no hassle ...
- Research Team
- 25 Jul, 2026
How to Choose the Right Listing Agent on Long Island
On Long Island, where home prices routinely run $500,000 to $1 million-plus, choosing your listing agent is the most consequential financial decision in your entire sale. The agent you select sets you ...