nyreex: How to Avoid Becoming the Victim of a Real Estate Hoax - 09/11/15 06:36 AM

 
Don’t Fall For Real Estate Scams and Hoaxes
The public is often warned to watch out for things like identity theft and Internet scams, but there’s a good chance they don’t think much about the risk of becoming a victim of a real estate hoax. Looking for just the right place to live, whether you’re renting or buying, is stressful enough without having to worry about the possibility of being swindled out of your hard-earned money too.
Unfortunately, there are many dishonest people in the world that are just waiting to rip off anyone that will fall for their fraudulent ploys. Shady real estate deals … (2 comments)

nyreex: Things I Wish I Knew Before I Bought a Rental Property - 09/10/15 06:25 AM

Ever think about becoming a landlord? Read these tips first.
 
Anything can and will happen as a landlord, from destructive tenants to bursting water heaters. So save up for maintenance and probable expenses — and surprises, too. 

In early 2006, my husband and I decided to purchase our first home in my hometown of Greenfield, Indiana. With 1,300 square feet, a few nice-sized bedrooms, and an open kitchen and living room, our first “starter home” was practically perfect for us. And since we had moved there from a one-bedroom apartment with only two windows and a total of 500 square feet, it practically … (3 comments)

nyreex: What is the True Meaning of Labor Day - 09/08/15 06:19 AM

For many of us, Labor Day means one more short vacation after summer ends and before we hit a long stretch of hard work until Thanksgiving gets here. Unfortunately, many people don’t get the day off from work – even though
Labor Day is a celebration of the changes that were made over 140 years ago to stop the practice of ultra-long work hours and dangerous conditions for workers.

If you ask many people these days, most of them don’t know how important Labor Day is in the history of the United States after the explosion of the industrial revolution.

Today, we have laws, rules and requirements … (4 comments)

nyreex: Maintain Your Garden This Fall: TIPS - 09/04/15 07:03 AM
While autumn's weather remains relatively mild, spend some quality time caring for your home and yard. Read on for reminders on which tasks to tackle this time of year.
1. Keep Gutters Free of Leaves To cut back on gutter-cleaning duty, consider installing aluminum, foam, or vinyl gutter guards that help block debris from entering while allowing water to drain. Remember that nothing is foolproof, so look for models that can be removed for periodic cleanings.
2. Clean Pots Scour pots with a stiff-bristled brush and rinse. Try to find one with a solid-wood handle and palm fibers.
3. Stack Pots Once clean, turn your terra-cotta pots … (2 comments)

nyreex: Vintage? This Kitchen Proves "Old" is Better. - 09/03/15 06:28 AM
This reclaimed New York cook space (dating back to 1755!) proves everything old is, in fact, new again.Think your kitchen needs a remodel? Imagine how homeowner Daniel Flebut felt when he first laid eyes on the cook space of his overgrown 1700s stone house in New Paltz, New York. Fortunately, the architect-by-day welcomed the challenge of restoring the room to its old glory. Here's how he and partner William Charnock paid tribute to its past while adding a few modern-day upgrades.
Better WithAgeImperfect floors. Rather than replace the "flawed" flooring where the fireplace once stood, Daniel embraced the pieced-together texture, leaving the original wide plank boards and stone hearth … (0 comments)

nyreex: Home Ownership is Best Way To Build Wealth. -New York Times - 08/31/15 06:12 AM

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nyreex: TRUTH? No such thing as a " little lie" - 08/25/15 05:17 AM
We're all conditioned to believe that some lies are acceptable. But, in reality, there are costs and consequences to our lives whenever we lie, including stress, low self-esteem and even disease.
Seventy-eight percent of the 6.5 billion people on the planet operate under the conscious level of integrity, as reported in an article featuring Gary King and The Power of Truth™ in Oprah Winfrey's O Magazine.
This week, we want to challenge you to take the 24-hour truth challenge.
Here's how it works: Starting right now, and for the next 24 hours, you decide to be honest and authentic in everything you do. … (0 comments)

nyreex: 5 Good Reasons Why You Should Sell Now! - 07/27/15 05:52 AM

As the temperature continues to rise, buyers are coming out ready to purchase their dream home. Here are five reasons that you should list your house for sale now.
1. Strong Buyer DemandFoot traffic refers to the number of people out actually physically looking at homes right now. The latest foot traffic numbers show that there are significantly more prospective purchasers currently looking at homes than at any point in the last two years! These buyers are ready, willing and able to purchase… and are in the market right now! Take advantage of the buyer activity currently in the market.
2. There Is Less Competition … (0 comments)

nyreex: How willing are you to help others? - 07/22/15 02:10 AM
Several weeks ago, a man eating at Qdoba captured video of an employee helping a customer with a disability eat her lunch, WAVE 3 reported.
 
Ridge Quarles, who works at a Qdoba in Louisville, says he got to know a customer with a disability who often comes to the fast-food chain for lunch, WAVE 3 reported.
 
After Quarles helped the woman through the order line he asked if she needed anything else.
 
"She turned around and she was like, 'Sir, if you don't mind could you help me eat?' " he told the organization.
 
A bystander named David Jones watched the employee help the woman … (1 comments)

nyreex: Whats Hot and Trending in Kitchen Innovation! - 07/17/15 06:33 AM
 
Kitchen trends may come and go, but one thing never changes: Whether you’re whipping up a four-course gourmet meal for 12 or reheating a slice of pizza, this room is the heart of the home. In fact, the kitchen’s multipurpose role as a place to entertain friends, tackle homework and school projects, answer emails, or just hang out with the family is on the upswing, according to local kitchen experts like Jason Landau, a professional interior designer with a master’s in architecture and owner of Amazing Spaces in Briarcliff Manor. 
Perhaps the strongest trend in kitchen design is the open floor plan, … (2 comments)

nyreex: Question: Sell my Home? or Rent it?? - 07/13/15 03:15 AM

The results of Fannie Mae’s June 2015 National Housing Survey, were just released showing that more and more homeowners are warming up to the idea that now may be a great time to sell their home. The amount of respondents that stated that now is a good time to sell rose three percentage points to a survey high of 52%; which may translate to a healthier market as more homes are listed in the coming months. At the same time “the percentage of respondents who expect home rental prices to go up rose to 59% – a new survey high.” Doug Duncan, senior vice president and chief economist … (0 comments)

nyreex: Moving Soon? Here is an infographic that might help you. - 07/09/15 05:50 AM

 
www.NYREEX.com
 

 
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nyreex: The Frustration is Real - 06/22/15 07:35 AM
That moment when we have to deal with the customer service department because of a screw up, we almost always question whether or not we really need these “wonderful” amenities.
 
 What’s worse is when we do everything right and we still get caught in the never-ending cycle of on-line payment processing, automated customer service emails and pre-recorded hold messages. Though some people still find humor in these kind of situations, just like the letter written below where he got caught in a digital crunch.
Dear Sir:
 I am writing to thank you for bouncing my check with which I endeavored to pay my plumber last month. … (0 comments)

nyreex: Going FSBO? Think Again! - 06/12/15 06:48 AM

Some Highlights:According to NAR's Profile of Home Buyers & Sellers:
§ 88% of buyers look for their new home online
§ Using a real estate agent can net you 13% more than FSBO'ing
§ There is a long list of people that you will have to negotiate with when you decide to sell your home, using an experienced professional can help ease the process.
www.NYREEX.com
 


 

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nyreex: School's Out! Perfect Time To Sell! - 06/01/15 05:38 AM
Jonathan J. Miller, the president of the appraisal firm Miller Samuel shared his sentiments on selling at this time of the year: "Based on the number of contracts signed each month, the spring is still the ‘Super Bowl’ of annual real estate sales,” June is annually the top month for the number of contracts signed, which means the properties themselves were likely listed in May. Overall, June yields 90 percent more sales than December.
 
Here are five good reasons to make the decision to Sell:
 
1. Beautiful weather makes everyone a little happier. "May weather is ideal for selling a home because gardens are … (0 comments)

nyreex: Everyone has their own challenges in life, don't just give up on it. - 05/18/15 06:19 AM
We all have the best of intentions in planning things to make a better life for ourselves, but for some reason, we fall short. Right? We come up with reasons – excuses – as to why we can’t do something. Unfortunately, we let these reasons and excuses rule us and rob us from living an incredible life.   Imagine what your life would be like if you were born with no arms or legs and people teased you incessantly as a child. Would you just roll over and give up? Or, would you fight and make an amazing life for yourself?   Not sure? No … (1 comments)

nyreex: We Need to Sell Your House Twice - 05/05/15 05:21 AM

Every house on the market has to be sold twice; once to a prospective buyer and then to the bank (through the bank’s appraisal). In a housing market where supply is very low and demand is very high, home values increase rapidly. One major challenge in such a market is that bank appraisal. If prices are jumping, it is difficult for appraisers to find adequate comparable sales (similar houses in the neighborhood that closed recently) to defend the price when doing the appraisal for the bank. With escalating prices, the second sale might be even more difficult than the first. And … (1 comments)

nyreex: Perfect Time to Buy a Home? - 04/29/15 06:28 AM
Recently, Freddie Mac published a blog post titled Mortgage Rates: Still the Deal of the Century. They explained that, if you are planning to purchase a home, now may be the time:
“If you are in the market to buy a home, today's average mortgage rates are something to celebrate compared to almost any year since 1971.”
And they let their readers know that there is no guarantee that rates will remain this low:
“Over the past few years, we've enjoyed a long run of historically low mortgage rates. While no one expects them to change dramatically overnight, they are expected to head up. Most … (0 comments)

nyreex: Selling Your House This 2015? Now is the Time! - 04/15/15 01:44 AM

Every seller wants to get the best price for their house. We learned in high school that the best price for any item will be determined by the demand for that item relative to the supply of that item. We have reported that the inventory of houses for sale is well below normal numbers. There is historical evidence that the demand for housing is about to increase dramatically. Each year, more homes sell in May, June, July and August than any other four months of the year. Here is a graph of homes sales last year by month: 
Bottom LineYou want to make sure … (0 comments)

nyreex: Yonkers, One of the 10 Most Healthiest Cities - 04/08/15 05:40 AM
Yonkers, NY Named One of Livability.com’s Top 10 Healthiest Cities, 2015 Inaugural list identifies and ranks America’s healthiest cities        There are two parts to every great healthy city. The first is access to quality and affordable health care. The second is promoting and enabling a healthy lifestyle for its residents through infrastructure and amenities. With this in mind, Livability.com has named Yonkers a Top 10 Healthiest City, 2015. Yonkers provides residents with exercise opportunities, good food choices and strong support networks to help live healthy lives. Our editors looked at data compiled by the County Healthcare Rankings as well as spending data … (2 comments)

 
Rummy Dhanoa, Rummy Dhanoa (New York Real Estate Experts)

Rummy Dhanoa

Rummy Dhanoa

Bronx, NY

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