rummy real estate experts: Good News for Landlords With 6 Units and More! - 09/06/13 05:46 AM
At a recent meeting held in June, 2013 the Board decided that there will be 3% increase for a One (1) year lease term and 4% increase for a two (2) year lease term for leases renewed between October 1, 2013 and September 30, 2014. Please note a minimum increase of $15.00 per month for a one (1) year lease term and $20.00 per month for a two (2) year lease term will be imposed. A landlord's failure to timely file a current apartment registration with DHCR bars the collection of any guidelines increase. If you need help filing registrations, please contact … (0 comments)

rummy real estate experts: Who was your favorite teacher? - 09/03/13 08:31 AM
Having a great teacher in school can mean all the difference in the growth of any person from childhood to adulthood. The lessons, stories and accountability we get from teachers stays with us our entire lives. And, the better the teacher, the more profound the effect of what we learned from him/her. <!--?xml:namespace prefix = "o" ns = "urn:schemas-microsoft-com:office:office" /-->
 
As school starts this year, remind your children to learn everything they can each day they are at school. Most importantly, remind them how fortunate they are to be able to go to school and have exposure to people who … (0 comments)

rummy real estate experts: The Real Estate Experts - 08/03/13 08:59 AM
 
The real estate industry has been going through major transitions for a number of years, yet many agents haven’t adjusted to these changes. Furthermore, there are (if any) quite a few number of industries or news outlets that are reporting on this change.

 
Here’s the difference: If you go to a doctor with a serious illness, she can’t tell you how it’s all going to wind up in the end. She doesn’t know. If she did, that would be perfect advice. However, your doctor, assuming she’s truly an expert, can give you excellent advice. She can tell you … (0 comments)

rummy real estate experts: Unemployment Rate Rises - 02/01/13 05:22 AM

 
In a week packed with big economic news, investors feared that the trend toward higher mortgage rates seen this month would continue. The risk that the Fed might signal a scaling back of its MBS purchases concerned investors. In the end, though, a neutral Fed statement and an unexpected increase in the Unemployment Rate allowed mortgage rates to reverse early increases and end the week with little change.
 
Wednesday's Fed statement was very similar to the statement issued after its December meeting. Concerning its MBS purchase program, the intention stayed the same, meaning that the Fed will continue … (1 comments)

rummy real estate experts: FHA TAKES ADDITIONAL STEPS TO BOLSTER CAPITAL RESERVES - 02/01/13 04:05 AM
WASHINGTON – As part of a broad effort to strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante announced a series of changes to be issued this week that will allow the agency to better manage risk and further strengthen the health of the MMI Fund.
“These are essential and appropriate measures to manage and protect FHA’s single-family insurance programs” said Galante.  “In addition to protecting the MMI Fund, these changes will encourage the return of private capital to the housing market, and make sure FHA remains a vital source of affordable and sustainable … (1 comments)

rummy real estate experts: Is the End of the Year the Time for Westchester Home Owners to Sell? - 09/17/12 12:25 AM
Is the End of the Year the Time for Westchester Home Owners to Sell?

Selling your home as the end of the year approaches is actually a good idea, but you need to have the right strategy in place.
The holidays will be here before you know it and it’s vital that you put your plan of action into play now, to ensure that you get the best results for yourself 60 and 90 days into the future as you work through the process of your move.
The fourth quarter of the year can cause some sellers to worry if … (0 comments)

rummy real estate experts: Westchester-Baby Boomers Considering Their Next Housing Move. Are You? - 09/12/12 12:08 AM
Westchester-Baby Boomers Considering Their Next Housing Move. Are You? Many older baby boomers have been putting off moving for years now, due to weak housing markets, price declines and losses in their retirement accounts.
But as markets are beginning to recover, some may be unearthing their buried plans to downsize, move closer to their children or relocate to a warmer climate. Whether they ultimately make a move has a lot to do with their finances and where they live.
 
“I think people are sick of waiting,” said Jennifer Darby Metzger with ERA Justin Realty, in New Jersey. Even if conditions … (0 comments)

 
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Rummy Dhanoa

Rummy Dhanoa

Yonkers, NY

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