Westchester & Bronx NY investment property real estate blog

Westchester & Bronx NY investment property real estate blog

Immaculate New construction with 5 BRS

Stately 5189 sqft, Immaculate New construction with 5 BRS(3 Master Suites w/WIC and Jacuzzi(26 x 15)), 13 foot ceilings. Stone and Stucco construction. 24 ft dramatic Marble Entry Fyer, State of the art EIK w/ Granite countertops, Stainless Steel Appliences, 6 classic chandeliers, Crown mouldings, hwd fl, Fire Place. Corner prperty with .63 acres of [...]

Becoming a Landlord, Investor, Buy property westcheser

When buy a real estate to pursue as a business, your making potentially financially-freeing decision. Owning a real estate is an excellent investment. It provides for a steady flow of income, but you should know several things before you buy. First buying a piece of real estate you’re entering a world of renting.
 Consider the Maintenance [...]

Sales of existing Homes- Higher Now

Sales of existing homes in the U.S. unexpectedly rose in February for the first time in seven months, easing concern credit restrictions and falling prices would hurt demand.
Purchases increased 2.9 percent to an annual rate of 5.03 million, the National Association of Realtors said today in Washington. The median home price dropped 8.2 percent from [...]

Congress Makes Do-Not-Call

 

WASHINGTON — On Feb. 6, Congress sent to President Bush for his signature legislation
that overturns a Federal Trade Commission (FTC) rule consumers must reregister
their phone numbers every five years on the federal Do-Not-Call (DNC) list.
The legislation also changes the method by which fees are collected from
telemarketers from one where fees are set by the FTC [...]

Real Estate Investors

So, you want to be a real estate investor? You are probably thinking the way I did when I started as a real estate investor. I thought the most important objective was to buy as many properties as possible. Well, I was only half right.
As an investor in residential real estate, being able to purchase [...]

Trump Plaza , New Rochelle buyer are Exercised.

Condo in New Rochelle will receive a 1 year membership to NY sports club facility which is open now at the building. Program is running through March 20, 2008. Program extended to “Rent Today , Own Tomorrow” program at Trump Plaza. Average rent is $3,600 per month for 2 bedroom.  Trump Plaza is just a [...]

Workshop for Short Sale and New FHA guideline, Thursday 20 at 6: 30

Liberty Homes & Estate, Inc  Is having a work shop for New and Old investor wanting/educated you on Short Sale and the New FHA Guideline. Email me at RummyDhanoa@hotmail.com for a RSVP. Its free of charge, Speaking is a lawyer who deals with Short Sales also a mortgage loan officer that will give you details [...]

Property equity slips below 50%

American’s percentage of home equity has fallen below 50 percent for the first time since 1945. In the second quarter of 2007, homeowner’s percentage of equity slipped to a revised low 49.6%. The central bank reported in its quarterly U.S. flow of funds accounts and declined further to 47.9%. It marks for the first time homeowner’s debt on [...]

Why not use “as is” when selling listing.

When a listing is advertised as an ‘as is’ it can be a put-off for buyer. Buyers right away assume something is wrong with the property. As is meaning a lot of things, buyers should find out what “as is “means.
A property that is passed down to heir if a family pass away and [...]

New FHA Mortgage Aount RiseS, In westchester country HUD

Conforming Mortgage Amount to Rise 
Conforming Loans has raised to $729,750. Jumbo Loans will be able to refinance and lower their montly payment. For a high-priced home, 1 percent can make a big difference. A monthly payment on a jumbo 30-year loan of $729,000 at 7 percent would be $4,850. Monthly payments on a conforming loan [...]

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