New York Real Estate 
There are currently 17 blog entries related to this category.
Realtors® Applaud Congress for Reinstating FHA Loan Limits
Friday, November 18th, 2011 at 12:54pm. 1891 Views, 4 Comments.
Washington, DC, November 18, 2011
WASHINGTON (November 17, 2011) – The National Association of Realtors® commends Congress for reinstating the loan limit formula and maximum cap for Federal Housing Administration-insured loans for two years.
“As the nation’s leading advocate for homeownership, we applaud members of Congress for restoring FHA’s previous loan limits, which will help reduce consumer cost burdens, stabilize local housing markets and allow qualified, creditworthy borrowers to access affordable mortgage financing,” said NAR President Moe Veissi, broker-owner of Veissi & Associates Inc., in Miami. “The reinstated loan limits will help provide much needed liquidity and stability to…
Buyer SCAM
Monday, August 15th, 2011 at 8:37pm. 32344 Views, 0 Comments.
There doesn’t seem to be a day that goes by where another SCAM does not rear its ugly head.
A few days ago I was contacted by an out of country buyer. Not unusual as I deal with a number of overseas clients. This one happened to be from Canada though.
So it starts off easy enough:
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I Need a 3 To 5 Bed Room Single Family Home and Its a Cash Buy, With a Garage and 2 Bath, Price Should Range $700,000 To $800,000 Please Send Me Some Listing/mls To Choose Regards”
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It raises a flag for me because 1) it does not mention a location. 2) It’s all cash and 3) 3-5…
Craigslist SCAM strikes again in the Hudson Valley
Monday, August 15th, 2011 at 7:37pm. 31982 Views, 1 Comments.
Dutchess County Brokers and Agents have once again been put on notice that a SCAM Artist is attacking out listings. This scam has been played out in the real estate industry across the country, but thanks to some smart renters who decided to do some research and make some phone calls, the scam was brought to light quickly.
How does it work? It’s quite simple actually. Someone sees a house for sale or rent on line or in person and then pretends to be the listing agent and or owner and posts a Craigslist ad offering to rent the house – usually at quite a discount. If they see it in person, they will usually leave a door or window unlocked so they can sneak back in and change the lock on the back door.
The SCAM Artist posts…
New York Passes 2% Property Tax Cap
Saturday, June 25th, 2011 at 7:57am. 28961 Views, 0 Comments.
June 25, 2011
Albany, NY
Overshadowed by the Same Sex Marriage Bill that legalized
Same Sex Marriage in New York was another huge Bill - Property Tax Cap that
will cap property taxes at 2 percent or the rate of inflation, revamp the
state's rent laws, and provide about $125 million in mandate relief to local
governments and school districts.
New York is among the highest taxed states in the country, and Cuomo made a tax cap a hallmark of his administration.
"Finally, taxpayers around the state of New York will
get the relief they deserve," said Sen. Jeff Klein, D-Bronx, who
represents parts of Westchester County, which has the highest property taxes in
the country.
The state's largest cities, including Rochester, Yonkers…
Heading to Albany for Lobby Day
Monday, May 23rd, 2011 at 12:31pm. 266 Views, 1 Comments.
Monday, May 23, 2011
Westchester County, NY
OUR A G E N D A
1. Support a property tax cap (A.3982 / S.2706) now. We also endorse mandate
relief to accompany a cap, but with Westchester and Putnam Counties having
among the highest property taxes in the nation, we don’t have the luxury of waiting
for mandate relief to be enacted. (John Kope)
2. Do not fund State budget deficits – or allow local governments to fund local
deficits - with new or increased real estate transfer taxes (S.1447) or mortgage
recording taxes (A.3307). It makes no sense to increase closing costs in the midst
of a persistent real estate recession, and especially not when New York already has
HUD Offers Grants to Clean up Lead Based Paint Health Hazzards in Housing
Saturday, May 7th, 2011 at 9:22am. 437 Views, 0 Comments.
The U.S. Department of Housing and Urban Development recently announced that it is offering $2.5 million in grants to improve and develop methods and knowledge for detecting and controlling lead-based paint and other housing-related health and safety hazards. This funding will help protect young children as well as other vulnerable populations.
“The grants awarded under these two programs will allow States, counties and cities who are on the front lines to further protect families from the hazards of lead-based paint and other housing related hazards,” says Jon Gant, Director of the Office of Healthy Homes and Lead Hazard Control. “We have made significant progress in eliminating lead-based paint but haven’t reached that finish line yet. We must…
Shhhhh - I have a secret to tell. Home Sellers Listen Up!
Wednesday, March 23rd, 2011 at 9:23am. 852 Views, 0 Comments.
I have a secret to tell...shhhhh, agents do not want you to know this. Why? I mean after all, doesn't the listing agent represent you - The Seller? What could they want to hide? Let's find out.
Recently Rich Levin wrote a nice article on Open Houses. Specifically - How an agent (and not necessarily the listing agent) can generate business through one.
I do have to agree with Rich Levin, he is almost spot on with this advice and it is because of this advice that I advise sellers NOT to allow the listing agent to perform an Open House on their property. But first, let me start with what I disagree with.
In the very first paragraph Rich Levin points out "Furthermore, a listing agent has a fiduciary responsibility to the seller. Practitioners…
Tax Time Less Taxing for Home Owners
Friday, March 18th, 2011 at 9:25am. 256 Views, 0 Comments.
Washington, March 15, 2011
“Owning a home offers myriad benefits throughout the year, but some of the financial advantages of home ownership are most apparent at tax time,” said NAR President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “As many of today’s hard-working American families are feeling a financial squeeze, the tax benefits that can come from owning a home can be a welcome relief.”
A number of tax deductions and credits are still available for home owners; these include deductions – with specific limits – for mortgage interest and capital gains on home sales, and credits for certain energy-efficient home improvements. Even with these benefits, home owners pay 80-90 percent of all U.S. federal income…
Welcome to Rhinebeck, NY Chelsea Clinton and Marc Mezvinsky!
Friday, July 30th, 2010 at 10:47pm. 520 Views, 0 Comments.
Rhinebeck, Ny with a population of 8,000, is a busy place on summer weekends — tourists and day-trippers are attracted to antiques and crafts outlets and Hudson River scenery — and the rumored Clinton wedding isn't shutting things down.
Chelsea Clinton, 30, daughter of former President Bill Clinton and Secretary of State Hillary Clinton, is expected to marry Marc Mezvinsky, 32, at a riverside estate in Rhinebeck on Saturday.
For those that live here, we know there will be quite a few people in town this Saturday, but as State Police Maj. Michael Kopy said Thursday, the influx of guests, reporters, celebrities and curiosity seekers wouldn't come close to the crowds at the Dutchess County Fair. Yes my friends, Rhinebeck, Ny can certainly handle this…
So how's the real estate market Larry?
Friday, July 9th, 2010 at 9:13pm. 324 Views, 0 Comments.
Its been a very busy week especially for a holiday week. Buyers are Buying and Sellers are selling. I try not to conduct business on holidays, but it was difficult this July 4th as a back accepts an offer on a Saturday night. Yep, even the bankers are working round the clock these days.
Though I attempted to go on vacation Thursday, I quickly had to change my plans and postpone that date as I had one buyer get an Accepted Offer, A seller decided to list their home that day and another buyer decided it was time to submit an offer on a property they had previously seen. So Thursday quickly became Friday and even then I barely got out the door in time.
Negotiations continued right through the weekend including July 4th. I marked the end of vacation…
Realtors® Applaud Congress for Reinstating FHA Loan Limits
Washington, DC, November 18, 2011 WASHINGTON (November 17, 2011) – The National Association of Realtors... 4Comments Read MoreBuyer SCAM
There doesn’t seem to be a day that goes by where another SCAM does not rear its ugly head. A few days a... Add Comment Read MoreCraigslist SCAM strikes again in the Hudson Valley
Dutchess County Brokers and Agents have once again been put on notice that a SCAM Artist is attacking out listings. This... 1Comments Read MoreWe're always on the lookout for talented full time real estate agents to join our growing team. For a confidential interview click on Contact Us
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