June 6, 2018 rummy

It’s apparent that home values are swiftly increasing due to the lack of supply while demand continues to expand in our housing market today. Experts foresee an increase of 5% (or greater) in home value over the next twelve months. In result, bank appraisal could be a bit challenging in this market. When prices are surging, it is difficult for appraisers to find adequate, comparable sales (similar houses in the same neighborhood that recently closed) to defend the selling price when performing the appraisal for the bank. Every month in their Home Price Perception Index (HPPI), Quicken Loans measures the disparity between what…

June 5, 2018 rummy

  Whether you are just starting your career or changing a career path, it is a major move in anyone’s life choices. In my previous blog, real-estate-agent-smart-career-choice we have discussed why being a Real Estate Agent is a smart career choice. Now, let us tackle on how to become a Real Estate Agent. Some might think it’s easy or it’s hard but the answer is “it depends”. Why? It mostly depends on where an individual wants to practice real estate. This requires a state license and each state’s regulations or rules are slightly different. Here are a few basic requirements. General Requirements…

May 31, 2018 rummy

What makes a perfect career? A fulfilling one, high paying, easy money, influencing and the list go on. There are a lot of career opportunities out there that suits our tastes and skills. But what really sets Real Estate Agent career apart? Aside from the fact that it has flexible working hours and a potential annual income of $100,000 or more. Who wouldn’t say no to that, right? Let me give you an insight of what Real Estate Agent is about. Getting Started in a Real Estate Career is Quick and Painless Pros: In most states, you can complete the requires training,…

May 25, 2018 rummy

  Be in the know. Here’s the Yonkers’ update for May, read all about it. Through the Department of Parks, Recreation & Conservation, the Yonkers Animal Shelter is offering great adoption rates for dogs and cats the first weekend of June! For more information, contact the Yonkers Animal Shelter at 914-377-6730. Around Town: What’s Happening in Yonkers 5/25 – OPEN MIC at Blue Door Gallery 13 Riverdale Avenue, Yonkers 10701 7-9PM | Learn More 5/27 – Westchester County Veterans & Service Members Appreciation Day at Rye Playland 1 Playland Parkway, Rye 12PM 5/28 – Memorial Day Ceremony Yonkers City Hall…

May 18, 2018 rummy

A typical worker nowadays lives from pay-check to pay-check–eat here, grab some drinks there, shop for a new pair of shoes, etc.–with all the money earned slipping through their fingers. Of course, it is hard to allot a portion of one’s monthly salary in something that will not give them an instant satisfaction. Perhaps, the most common investment people save up for is the dream house. However, deciding to become a homeowner is a big step and it takes more than just willingness. Two other things are needed as well: emotional readiness and financial capability. Every year, the New York…

May 15, 2018 rummy

Some may outgrow their house and find them too small to live in. Some may have to relocate for a job transfer. Others may have a personal relationship triggers like marriage or break-up. Regardless of the reason, it’s inevitable for some of us to sell our house. Let’s talk about one key element in this decision-making process that will increase the possibility of you selling your house in a timely manner and at a price you desire. There are four elements to a quality listing. At the top of the list is Access, followed by Condition, Financing, and Price (to…

May 14, 2018 rummy

Homeownership is a necessity. At some point in your life, you have to move out of your parents’ house and get a place of your own. It is in everyone’s best interest but not without difficulty. In 2016, homeownership had hit a 50-year low — an unpleasant occurrence. Today, America’s percentage of homeownership has been steadily climbing back up. The rate in the first quarter of 2018 was 64.2%, higher than last year’s 63.6%. See below. Homeownership is not just about necessity. It gives you and your family security, joy and tranquility. A family with a house they could call…

May 10, 2018 rummy

We all have a distinct definition of success. But most of us consider buying a house as the highest level of triumph. However, not everyone can pay for their dream home in one go, and saving money for it to pay in full takes a huge amount of time. ​ This is why many buyers turn to home loans.  According to The Economic Times –  Home Loan is a sum of money borrowed from a financial institution or bank to purchase a house. Home loans consist of an adjustable or fixed interest rate and payment terms. Speaking of interest rates,…

May 9, 2018 rummy

Finally, you found your dream home! But it is not yet the end of the story. One significant thing (which is commonly taken for granted) in home buying is having it inspected before closing the deal. Why is it important? Generally, agents suggest that you offer contingent on a home inspection. It is an opportunity to renegotiate or create certain conditions that are beneficial to all home buyers. Don’t worry your real estate agents will guide you along the way. ​ Here are some tips on how to choose an inspector Qualifications – find out what’s included in your inspection…

January 16, 2017 rummy

In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortgage before starting your search. Even if you are in a market that is not as competitive, knowing your budget will give you the confidence of knowing if your dream home is within your reach. Freddie Mac lays out the advantages of pre-approval…