Recent real estate updates you should know about

NEW OLEAR BANNERJust wanted to send out a quick update on two items that recently came across our desks here at The Olear Team:

STAR Program Update: Homeowners that purchased a home in New York State on or after March 1, 2015 will receive a STAR rebate check in September rather than a STAR credit against their school tax bill. Letters should be sent from their local assessor outlining this new process and how to apply. There is no change to the amount of the STAR benefit that homeowners will receive.

• Cheektowaga adopts law for inspection upon selling: The Town of Cheektowaga has adopted a law which requires anyone selling their improved real property to, prior to its sale, have an inspection done by the Town of the sump pump system, floor drains, downspouts, exterior drainage, etc. to ensure that unpolluted waters from these sources are not being discharged into the sanitary sewers.

Only those properties located in the Town of Cheektowaga Consolidated Sewer District must comply with this law, which took effect on March 1, 2016. Application for a Certificate of Compliance can be made to the Town of Cheektowaga Building Inspections Department, 275 Alexander Ave., Cheektowaga, N.Y. 14211 (Phone: 686-3470). The fee for this inspection is $100.

The rules of real estate are always changing. If we can help in any way, please contact the professionals at The Olear Team today!

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