home buying: Come On In? Not Yet. A Vacant Home Isn’t An Invitation to Show Anytime - 12/08/13 08:37 AM

A vacant home is not an invitation to just come on in.  Often homes that appear to be vacant, really aren't and even vacant homes aren't always vacant. A friend or family member might be staying there temporarily, there may be workers present, the floors may have been newly waxed and refinished or an alarm may need to be deactivated. Viewing one without an appointment is equivalent to trespassing.  Michael Jacobs does a great job explaining why a vacant home isn't just an invitation to show anytime.
Come On In? Not Yet. A Vacant Home Isn’t An Invitation to Show Anytime
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home buying: The One Thing Buyers Are Looking For That Sellers Should Not Provide - 11/26/13 07:50 AM
If you're looking to sell your home for a great price, then do your best to show off your home in the best possible light.  Buyers are trying to find ways to justify their low offers and will use the homes condition and need of improvement to negotiate the price down.  Sharon Tara does a great job of letting us know why smart sellers should address all home improvement issues before listing.
 
 
Home buyers don't want to pay full asking price, they want to pay below asking price.  As soon as a buyer finds a home they like, they start … (3 comments)

home buying: Understanding Asset Reserves - 10/06/13 03:30 AM
In order to qualify for many of today's mortgage products a buyer would need to have enough funds to cover down payment, closing costs ( this includes lender fees, attorney fees etc) and in many caese, asset reserves.  What exacgtly are asset reserves and how much in reserves are you required to have?More About Rob Spinosa gives a great explanation of asset reserves and how, even if not required, having several months of reserves goes a long way to strengthening your financial package and getting that loan approved.
 
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home buying: Home Buyer Worries - The 7 Things that Worry Home Buyers Most - 08/21/13 12:46 PM
With the ever-changing real estate markets, today's home buyers have a whole new set of concerns.  In the years from 2007 to 2012 buyers were concerned most about their plummeting home values.  Today's buyers biggest concerns are the rising mortgage rates and qualifying for a mortgage due to the tight underwriting requirements.  Also of concern is competing with other buyers for their choice home, a problem foreign to the buyers of the 5 previous years.  Dee Dee Riley reports on the results of a survey conducted by  Trulia and Harris.
If you're a buyer considering a purchase in Rockland County NY, … (6 comments)

home buying: 7 Things to Look for During a Final Walk-Through for Your New Home - 07/25/13 11:47 AM
Before the excitement of closing on your new home overtakes you, you need to do a final walk through of that home.  Jackie Connelly does a great job reminding you what to look for in that final walk through.  Most often the sellers will do a good job of leaving their home broom clean and with everything in the same condition you found it in when you made your offer on their home, but stuff happens and your final walk through is one way to  safeguard the buyer against that stuff.  
If you're thinking of buying a home in Rockland … (4 comments)

home buying: Rockand County NY Home Buyers...Why Sign An Exclusive Buyer Agency Agreement - 07/11/13 12:45 PM
Rockand County NY Home Buyers...Why Sign An Exclusive Buyer Agency Agreement
Herman Herrera makes a great case for why every buyer should want to sign an exclusive buyer agency agreement.  Though he's directing his comments to Staten Island home buyers, this applies to home buyers anywhere.  So if you're looking for a home anywhere in Rockland County NY and you want someone that will look out for your best interests, to whom you are numero uno, call me, Leah Stern at 914-772-4528 and I'll make sure you have my full Loyalty.  Obedience.  Disclosure.  Confidentiality.  Diligence. and Accountability.
Many Staten Island home … (2 comments)

home buying: June 2013 Market Report for Rockland County NY By Area - 07/04/13 12:30 PM
Rockland County NY June 2013 Monthly Market Report  Let's take a look at what the market has been doing in  Rockland County NY for June 2013 The number of new listings coming onto the market is slowing down.  This month  the number of homes under contract is down too.  That's not surprising since as we get closer to summer the market slows down as everyone heads  into vacation mode.  
The average number of days a home is on the market before it sells has been steadily decreasing.  This is due to activity in certain markets with well priced homes in show … (7 comments)

home buying: May 2013 Market Report for Rockland County NY By Area - 07/04/13 11:57 AM
 
Rockland County NY May 2013 Monthly Market Report
 Let's take a look at what the market has been doing in  Rockland County NY for May 2013
The number of new listings coming onto the market is beginning to slow down but the number of homes under contract is rising.  That's good news.  It means the buyers are out there.  The average number of days a home is on the market before it sells has been steadily decreasing.  This too means that the buyers out there are serious about purchasing.  The sale price to listing price ratio is increasing  as sellers price more … (2 comments)

home buying: Haverstraw Condominium Market Trends for May 2013 - 05/13/13 10:13 AM
Haverstraw Condominium Market Trends for May 2013
How's the condo market doing in Haverstraw, in Rockland County NY?

Sales of condos in Haverstraw, Rockland County NY have been slowing down with inventory very high.  The day on market have been climbing and we  continue to be in a severe buyers market.  Even with the decline in prices the condo market here has been very slow moving.  The units that are moving are those that are well priced and in move in condition.
A contributing factor to the increasing number of days on market is the number of short sales on … (0 comments)

home buying: Clarkstown Condominium Market Trends for May 2013 - 05/12/13 11:36 PM
Clarkstown Condominium Market Trends for May 2013
 
How's the condo market doing in Clarkstown, in Rockland County NY?
 

 
Sales of condos in Clarkstown, Rockland County NY have been steadily improving.  Average list price and sales prices have been steadily increasing and things are moving off the market more rapidly.  We can finally say that the market in Clarkstown is balanced with flat to moderate depreciation.
Clarkstown is one of the top rated school systems in the county, and most of the newer condo townhome units in ROckland County are located in this area.  As a result, Clarkstown … (2 comments)

home buying: One of the costs of closing is Title Insurance, why do I need it? - 05/07/13 12:19 PM
Did you ever wonder why you needed Title Insurance?  Kathy Stoltman makes a great case for why you'd want to have it and what it protects you from.  With title insurance, once you purchase your home you're protected from any claims of ownership from others.
Still not conviced?  Then.. read on.
One of the costs of closing is Title Insurance, why do I need it?
Title Insurance protects you from someone claiming ownership of your home once it closes.
Can you imagine living and enjoying your new home and then one day, someone comes calling that the house you call home is … (4 comments)

home buying: Making a Move? Tips to Ease the Process - 05/06/13 10:31 PM
Making a Move? Tips to Ease the Process
Spring is a busy time in the real estate industry.  For people planning on making a move in time for the school year its prime time shopping season for homes. The moving process, like anything that involves major change, can be super stressful.  Being well prepared and organized can go a long way towards making the move a smoother and happier experience.

Here are some tips to help simplify the process:
Create a moving master list to organize yourself with all the tasks that need to get done and a time line for … (4 comments)

home buying: Get YOUR offer accepted in a bidding war. Here's how to do it. - 05/06/13 11:16 AM
In today's real estate market houses that are priced right and show ready are experiencing mutiple offer situations.  IF you as a buyer find yourself in just such a situation, here are some great tips via Janna Rankin on how to strenghten your offer so that it stands out from the crowd and makes yours the winning bid.
If you're a buyer looking to purchase a home in Suffern NY or anywhere else in Rockland County and want some help navigating the current real estate market give me a call at 914-772-4528 and we'll help you snag that home of your … (2 comments)

home buying: No, No, No. Please Do Not Do These Things While You Are In Escrow - 05/04/13 03:52 PM
For all new homebuyers out there, here's a must read list via Kevin Kueneke of of some do's and don'ts to help guide you thru the mortgage process.  Be aware of things that might effect your credit score and before doing anything that might skew things, check with a mortgage professional.
As part of Fannie Mae's Loan Quality Initiative (LQI), lenders are required to monitor a borrower's credit throughout the loan process.  This can include a "soft" credit pull immediately prior to funding to look for new accounts and inquiries.
Here are ten things that a homebuyer should avoid while in escrow:
•1.      Don't … (0 comments)

home buying: April 2013 Market Report for Rockland County NY By Area - 05/03/13 12:52 AM
Rockland County NY April 2013 Monthly Market Report
 Let's take a look at what the market has been doing in  Rockland County NY for April 2013
 Active listings have been increasing indicative of a spring market.  Pending home sales rose 10% since last month - the buyers are out there!. The average number of days on market is down about 10% on average and the sale price to listing price ratio is increasing as sellers price more realistically and buyers who are afraid of loosing out on the home of their choice to other competing buyers are willing to pay more … (2 comments)

home buying: January - March 2013 Rockland County NY Quarterly Market Report - 04/16/13 01:16 AM
Rockland County NY January - March 2013 Quarterly Market Report
Let's take a look at what the market has been doing in  Rockland County NY for the first quarter of 2013.
January started with a bang but, February sales and activity were disappointing with sales nowhere as strong as January's indications.  However the pending sales for February were all pointing to a good and active March and it did not disappoint.
Overall there is more activity in the market with buyers finally coming out and trying to snag a deal before the market turns into a sellers market.  Though that is … (0 comments)

home buying: March 2013 Market Report for Rockland County NY By Area - 04/04/13 10:10 AM
Rockland County NY March 2013 Monthly Market Report
Let's take a look at what the market has been doing in  Rockland County NY for March 2013.
January started with a bang but, February sales and activity were disappointing with sales nowhere as strong as January's indications.  However the pending sales for February were all pointing to a good and active March and it did not disappoint.
Overall there is more activity in the market with buyers finally coming out and trying to snag a deal before the market turns into a sellers market.  Though that is happening in many areas … (12 comments)

home buying: February 2013 Market Report for Rockland County NY By Area - 03/09/13 01:25 PM
Rockland County NY February 2013 Monthly Market Report
 Let's take a look at what the market has been doing in  Rockland County NY for February 2013.
January started with a bang and I'd hoped it was an indication of great things to come.  But, February sales and activity was disappointing and and sales were no where as strong as January's indications.
Much of the New York metropolitan area and Rockland county were effected by Hurricane Sandy in the beginning of November.  That killed the buying market for most of that month and slowed down pending home sales.  Most pending sales for … (4 comments)

home buying: Rockland County NY January 2013 Monthly Market Report - 02/13/13 12:14 AM
Rockland County NY January 2013 Monthly Market Report
This year is well under way and flying by.  We're already a month and a half into 2013 and sales are up this January as compared to last January.  Hopefully its an indication of good things to come.
Let's take a look at what the market has been doing in  Rockland County NY.


Though we are still in a buyers market, the number of homes sold per month is increasing.  The average sale price, except for Orangetown and Haverstraw, has been increasing, though moderately.  If things continue this way for the … (2 comments)

home buying: Do I need a Real Estate Agent to Buy a House? - 09/05/11 04:09 AM
Whether you're a buyer or a seller, having someone who will guide you through the process and look out for your best interests in what is usually the biggest financial transaction of your life, is key to a smooth transaction.  Here's a great post by Ashley Cox outlining the value that a real estate agent brings to the home buying process.
If you're in the market to buy a home in Suffern NY or anyplace else in Rockland County give me a call.  I'll take the worry out of the home buying process and help make it a seamless and enjoyable … (9 comments)

 
Lora "Leah" Stern  914-772-4528, Real Estate Salesperson (Coldwell Banker, 170 N Main Street, New City NY 10956) Rainmaker large

Lora "Leah" Stern 914-772-4528

Real Estate Salesperson

New City, NY

More about me…

Coldwell Banker, 170 N Main Street, New City NY 10956

Address: Coldwell Banker Residential Brokerage, 170 N. Main Street, New City, NY, 10956

Office: (845) 634-0400

Mobile: (914) 772-4528

Email Me

Newest For Sale Homes in Suffern Suffern homes for sale Get this widget How Can I Help You? Interested in Buying or Selling a home?? Contact me and we can brainstorm our way to a closing together! Lora "Leah" Stern, Realtor Suffern Real Estate


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