Delmar MLS
This upper middle-class community successfully combines the qualities of a rural-suburban setting with the benefits of many cultural, recreational, and economic opportunities found in close proximity to New York State's capital. Downtown Albany, steeped in history and home to the Empire State Performing Arts Center and the NYS Museum, is just minutes away. Within a short drive, residents can visit a premiere shopping mall or enjoy cross-country skiing. More than a dozen colleges and universities are nearby, including the State University of New York, Skidmore College, and Rensselaer Polytechnic Institute. Historic Saratoga Springs, home of the famous Saratoga Thoroughbred Race Track, lies less than an hour north on the way to the Adirondack Mountains, and Montreal, Boston and New York City are all within a few hours' drive. More...
Delmar is a hamlet (and census-designated place) located in Albany County, New York in the USA. As of the 2000 census, the CDP had a total population of 8,292.
Delmar is in the Town of Bethlehem and can be considered a suburb of Albany, New York. Delmar is crossed by Routes 140 (Kenwood and Cherry Avenues) and 443 (Delaware Avenue).
Home Buying Articles and Advice
Comparable Sales in the Public Record
The most accessible source of information on comparable sales is the public record. When someone buys a home the property is deeded from the seller to the buyer. In most circumstances, this deed is recorded at the local county recorder’s office. They combine sales data with information already known about the property so they can assess property taxes correctly.
Provided there have been no additions to the property, the information available from the public record is usually correct regarding sales price, square footage, and numbers of rooms. This makes it easy to use the public record as a source of data for comparable sale information.
Accessing the data is another matter, at least for the general public. Realtors can generally look up this information through title insurance companies. The title companies either compile the data directly from the county recorder’s office or purchase it from other companies.
One problem with the public record is that it tends to run at least six to eight weeks behind. Add another four to six weeks for the typical escrow period and you can see the data is not current. The most current information is the most valuable.
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