April 18, 2019 rummy

There are a number of reasons why you might choose to upsize to a larger home. A bigger family, an increase in income, the need for a home workspace or perhaps a change of lifestyle. Whatever the reason, there a number of questions to consider before you decide upsizing is the next step for you. Remodeling and adding to your home is one option for creating more space, but it can be costly, and the size of your property may be prohibitive. That’s when moving to a bigger home becomes the best solution. ​ WHERE DO YOU NEED MORE SPACE?…

April 3, 2019 rummy

Time and again, the truth is often compromised for the sake of selling. Overextending headlines are one of the most common examples of this. People are smarter and there are less and less who will fall victim to false claims. Nevertheless, here are two recent headlines that are deviated from facts that you should know about. Actual Headline #1: Cash-out refis are back – will homes become ATMs again? The real story: The headline is accurate – to a point. It is true that the percentage of refinances in which the homeowner received cash at the closing has increased to…

April 2, 2019 rummy

To many, the down payment is the primary reason for holding back on buying their dream home. This tax season could be the best time to make a decision about whether you should buy now or wait longer. According to data released by the Internal Revenue Service (IRS), Americans can expect an estimated average refund of $3,143 this year when filing their taxes. This is down slightly from the average refund of $3,436 last year. Tax refunds are often thought of as ‘extra money’ that can be used toward larger goals. For anyone looking to buy a home in 2019,…

March 30, 2019 rummy

One of the most effective selling tools is pricing. With the values of homes varying from region to region, finding the sweet spot wherein buyers will still be interested without compromising the seller’s return in value is harder than most people realize. According to CoreLogic’s latest Home Price Index, home values have risen at over 6% a year over the past two years, but have started to slow to 4.4% over the last 12 months. By this time next year, CoreLogic predicts that home values will be 4.6% higher. ​ With prices slowing from their previous pace, homeowners must realize…

March 23, 2019 rummy

  Welcome to the ninth episode of Expand to the Cloud Brokerage podcast. On today’s episode, Rummy Dhanoa and David Upchurch welcome Leezah Pratt to eXp Realty. Leezah Pratt started her real estate career at a young age. Last year, she sold over 8 million dollars. Let’s listen to her story and what made; an already successful realtor change her mind and make the switch to eXp Realty. Get in touch with Leezah Pratt . Give her a call at 704.858.1177 or email her at homesbypratt@gmail.com and visit her website www.homesbypratt.com Ready to learn more? Rummy Dhanoa 914.920.2289 rummy@nyreex.com David Upchurch…

September 13, 2017 rummy

                                                  948 Clarence Avenue, Bronx NY 10465 Exclusive OFF Market Listing -Legal 2 Family Home w/ In-law Setup -4,000 Sq. Ft -1 Attached Garage, 2 Car Parking -One Of A Kind Super Large Multi-family -3 bedroom 1 ½ Bath with Scenic View of Long Island Sound! -3 Beds, 1 ½ Bath -1 Bedroom, 1 ½ Bath, with Studio -1 Possible Unit with 2 Rooms & Bath ​-Sitting Right On Throgs Neck in the Country Club Section…

June 24, 2016 rummy

  Yesterday, we reported that according to CoreLogic’s latest Equity Report, nearly 268,000 homeowners regained equity and are no longer underwater on their mortgage in the first quarter. Homes with negative equity have decreased by 21.5% year-over-year. A study by Fannie Mae suggests that many homeowners are not aware of how their equity position has changed as their home has increased in value. For example, their study showed that 23% of Americans still believe their home is in a negative equity position when, in actuality, CoreLogic’s report shows that only 8% of homes are in that position. The study also…

April 13, 2016 rummy

  Last week, the inaugural “Homebuyer Insights Report” was released by the Bank of America. The report revealed the reasons why consumers purchase homes and what their feelings are regarding homeownership. Consumer Lending Executive, D. Steve Boland, explained: “Homebuyers today are motivated by both emotional and practical reasons. Nearly all want more space, but a majority of homebuyers, especially those purchasing their first home, are also looking for a place to call their own, put down roots and make memories. They value the emotional benefits of owning a home as much as the financial ones.” Boland went on to say:…

April 4, 2016 rummy

  Some Highlights: § Harvard University’s Joint Center of Housing Studies recently released the top financial & emotional reasons to own a home. § Owning is a good way to build up wealth that can be passed along to your family as it is usually a form of “forced savings.” § You’re paying for a house whether you own or rent, but owning gives you control over your living space.

March 16, 2016 rummy

  Every homeowner hopes to accomplish five goals when selling their home: 1.    Sell it for the best price 2.    Sell it within a predetermined time 3.    Sell it with the least amount of hassles 4.    Close on the sale the same day they move into their new home The fifth reason is the most obvious and the most important: 5.    They want to make sure it sells. In order to dramatically increase the chances that the house sells, a homeowner should list with a real estate professional in their market. Why? Because agents have access to the vast majority…