October 17, 2019 rummy

Recent studies show that home equity is the top contributor to your net worth closely followed by retirement accounts, stocks and mutual funds, assets at financial institutions and the rest. Economist Jonathan Eggleston and Survey Statistician Donald Hays, both of the U.S. Census Bureau, shared the biggest determinants of wealth, “The biggest determinants of household wealth [are] owning a home and having a retirement account.” (Shown in the graph below): This does not come as a surprise, as we often mention that homeownership can help you to increase your family’s wealth. This study reinforces that idea, “Net worth is an…

October 15, 2019 rummy

There are plenty of factors influencing your mortgage pricing, one of them is property tax. Let’s find out exactly how property tax makes your monthly payment go up or down. When applying for a mortgage, you’ll see one of two acronyms in your paperwork – P&I or PITI – depending on how you’re including your taxes in your mortgage payment. P&I stands for Principal and Interest, and both are parts of your monthly mortgage payment that go toward paying off the loan you borrow. PITI stands for Principal, Interest, Taxes, and Insurance, and they’re all important factors to calculate when…

October 9, 2019 rummy

Ever wonder what happens during a home inspection? What preparation should you do? What are the things you should expect? When is the best time to do it? Who should do it? Well, you’re in luck as you will learn exactly everything there is to know about home inspections. How to Choose an Inspector Your agent will most likely have a short list of inspectors they’ve worked with in the past to recommend to you. HGTV suggests you consider the following five areas when choosing the right home inspector for you: 1. Qualifications – Find out what’s included in your…

September 19, 2019 rummy

Unlike any other expenses and overheads, your monthly housing cost can be utilized to increase your family’s net worth. It’s the only investment option out there with a dual purpose; you can live in it and increase your wealth through it. Every three years, the Federal Reserve conducts its Survey of Consumer Finances. Data is collected across all economic and social groups. The latest survey data covers 2013-2016. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5%…

August 30, 2019 rummy

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August 28, 2019 rummy

Unlike any other expenses and overheads, your monthly housing cost can be utilized to increase your family’s net worth. It’s the only investment option out there with a dual purpose; you can live in it and increase your wealth through it. The study revealed that the median net worth of a homeowner is $231,400 – a 15% increase since 2013. At the same time, the median net worth of renters decreased by 5% ($5,200 today compared to $5,500 in 2013). These numbers reveal that the net worth of a homeowner is over 44 times greater than that of a renter….

August 24, 2019 rummy

📣OPEN HOUSE 🏡 Join us and see this stunning ranch home with your own eyes 👀! Just head over to 📍43 Brendon Hill Rd, Scarsdale, NY 10583 for our Open House from 1pm-3pm tomorrow. 💥Features: 🔘3 Beds 🔘3 baths 🔘Backyard 🔘Patio 🔘Built-in Stone BBQ pit 🔘Hardwood floors and more! 👉🏻 Direct link: http://bit.ly/2Wpi8Zn For inquiries: 914.920.2299 www.NYREEX.com  

August 22, 2019 rummy

💢BACK TO BACK OPEN HOUSE💢 Everyone is invited to join our OPEN HOUSE this coming weekend! Saturday, August 24th at 11am-2pm 📍43 Brendon Hill Road Scarsdale, NY 10583 👉🏻 Direct link: http://bit.ly/2Wpi8Zn Sunday, August 25th at 11am-2pm 📍45 Kincaid Dr, Yonkers, NY 10710. 👉🏻 Direct link: http://bit.ly/2ZII3K3 For inquiries: 914.920.2299   www.NYREEX.com

August 20, 2019 rummy

There’s a good side in everything, rising home prices included. Today we’re listing down not one, not two, but three benefits of growing equity in your home. Read more to find out. 1. Move-Up Opportunity With the rise in prices, homeowners naturally experience an increase in home equity. According to the Homeowner Equity Insights from CoreLogic, “In the first quarter of 2019, the average homeowner gained approximately $6,400 in equity during the past year.” This increase in profit means if homeowners decide to sell, they’ll be able to put their equity to work for them as they make plans to…

August 17, 2019 rummy

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