July 5, 2012 rummy

All Inclusive Co-op In The Bronx Secured Gated Community offers a sunny, bright 1BR co-op in move-in condition. All utilities + cable included in the monthly maintenance. Storage and laundry facilities on site, as well as a playground area. Walking distance to the Fordham Hill Shopping Mecca and minutes to buses (including express bus to Manhattan) and trains. Close to the Major Deegan Highway and minutes to Monroe College, Fordham University and Bronx Community College.   Listing Courtesy of The Sales Team of RUMMY DHANOA – Your Real Estate Expert – Serving Westchester & Bronx  NY – (914) 902-3252 of…

July 5, 2012 rummy

3BR Co-Op in The Kingsbridge Section of The Bronx-Short Sale NOW A SHORT SALE – A new co-op on Sedgwick Ave, in the Kingsbridge section of the Bronx, includes 3 bedrooms, the master bedroom suite features its own full bath, plus a full hallway bath, kitchen, large living room w/dining area offers a nice view of the Jerome Reservoir. Close to all transportation (with a bus stop in front of the building and close to the 1, 3 & 4 trains), close to shops and schools.   Listing Courtesy of The Sales Team of RUMMY DHANOA – Your Real Estate…

July 5, 2012 rummy

Large 2BR Co-Op in The Pelham Parkway Section of the Bronx A Rare Gem Priced for a quick Sale co-op. A large, sunny and pet friendly unit centrally located, over-looking Pelham Parkway Bronx NY. Unit features 2 Bedrooms . Entry hall w/3 closets, Foyer, Large Living room, XL Master Bedroom, Eat-In-Kitchen with pantry and 2nd bedroom plus Full Bath . Hardwood floors and lots of sunlight throughout. Walk to bus, subway, dining and shops. Complex features laundry room, elevator and is financially sound. Maint does not reflect the STAR. Hurry, Won’t Last!   Listing Courtesy of The Sales Team of…

July 5, 2012 rummy

Commercial Building in Yonkers NY w/ impressive cash flow Passive income Commercial Building in Westchester, NY w/ impressive cash flow. Very Low expenses, headache free building and clearly manageable. Benefits included(8% cap rate) 3 Retail stores front,2 offices and apartment unit (3 Bd,1 bath 1400 sq ft). Extra income potential from parking Lot and basement. 75% newly constructed in 2001, New Vinyl 2006, New Heating System 2006, Oil Ground tanks, New Sidewalk. 24/7 security system **Building is totally rented exp.Rental Unit ***Perfect Investment   Listing Courtesy of The Sales Team of RUMMY DHANOA – Your Real Estate Expert – Serving…

July 5, 2012 rummy

Summertime Showing Tips for Home Sellers As we go further into the increasingly hotter days of summer, your prospective home buyers will be looking closely at patios, decks, landscaping, air conditioning, and in some cases, pools. So if your home is on the market, you’ll want to make sure your house is in top order and summer-friendly. While a large number of homes sell during March, April and May, June and the summer months run a close second. In fact, June is traditionally a busy month because many families want to get moved during their children’s summer vacations and get…

May 9, 2012 rummy

Money-Saving Ideas Home maintenance doesn’t have to be expensive. For the penny-pinchers out there, here are some inexpensive ways to Do Green Things Easily and Cheap 5 Seems like all the green talk today is about buying things: buy Energy Star, buy solar panels, buy tankless water heaters, buy new sustainable building products. Buy, buy, buy. What’s a budget-minded home owner to do? Follow these five easy, cheap green nuggets of advice, of course. 1. Resist the temptation to buy. If you’ve read this far, you’re probably already on board the no-buy boat. This first piece of advice is simply…

January 6, 2012 rummy

During the first week of the new year, mortgage rates continued to be influenced by the same factors as in 2011. Stronger than expected US economic data roughly offset continued concerns about Europe, and mortgage rates ended the week nearly unchanged. Friday’s Employment report provided further support that the US economy is gaining strength to begin the new year. Against a consensus forecast of 150K, the economy added 200K jobs in December. The Unemployment Rate unexpectedly fell to 8.5%, the lowest level since February 2009, from 8.7% in November. The decline was partly due to the increase in jobs and…

January 5, 2012 rummy

Happy New Year! After a great 4th quarter in 2011 we are excited for the new year in real estate. The Yonkers NY 10710 Area Market had a very stable year after a volatile 2009 and 2010.  Pricing is generally flat and volumes are Higher but reasonable Real estate cycles are long and I feel like we are in the middle innings. 
in 
- Yonkers NY Current inventory in Yonkers NY 10710 area is off to a good start only 74 single family homes for sale with a 148 average day of the market and currently the average price is $515k….

December 19, 2011 rummy

With tenants and rental property, chances are you’ll have to evict a tenant sooner or later either because the tenant hasn’t paid his rent or because strange people keep visiting him at odd hours of the night. Whatever the reason, the tenant hasn’t lived up to the terms of the lease agreement and you want him out. The question is, how do you go about evicting him? First and foremost, remember that the laws in your state may require different procedures than the general advice in this post, so get familiar with the rules in your area and get yourself…

December 9, 2011 rummy 2Comment

ECONOMIC OUTLOOK Growth Rate – % 2009 2010 2011 2012 Real GDP -3.5 3 1.6 2 Nonfarm Payroll -4.4 -0.7 1.1 1.1 % Levels 2009 2010 2011 2012 Unemployment 9.3 9.6 9 8.8 30 Yr Gov’t Bond 4.1 4.3 4.1 4.4 30 Yr Mortgage 5.1 4.7 4.6 5 % Change–Year Ago 2009 2010 2011 2012 Existing Home Sales 4.9 -4.8 0.3 4 New SF Sales -22.6 -14.4 -8 18.2 Housing Starts -38.7 5.6 -5.8 7.9 So, how’s the market? It’s been down so long no one has noticed it’s going up. But it is! Sure September prices dropped slightly, driven…