Tiffiany’s passion is being a part of the most important Transaction of the client which is real estate.
She joined New York Real Estate Experts as a way to help people. The core value of the company is people before profit. We put people first while always maintaining integrity and world class customer service.
She became a full-time agent and now she has 1 accepted offer in a month, 6 new clients and at the moment dominating her market area!
If you are thinking about becoming an Entrepreneur, ask us how you can kick start your career! Click on the link below: http://www.newyorkhomeclick.com/joinus.html
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We closed 2 weeks ago on this beautiful 4 bed single family home in Mount Vernon! It took just a little bit longer this time before closing for some concerns but staying on top of it we finally made it to close! All about team effort and following up! Thank you also to our clients the buyer for trusting us find the perfect home and also for the seller in believing that we can sell their home!
And lastly, we sold it 24% higher than asking price!
It's that time of year; the seasons are changing and with them come thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether or not now is the right time to buy don't have to look much further to find four great reasons to consider buying a home now, instead of waiting.
1. Prices Will Continue to Rise
CoreLogic's latest Home Price Index reports that home prices have appreciated by 6% over the last 12 months. The same report predicts that prices will continue to increase at a rate of 5.4% over the next year. The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects home values to appreciate by more than 3.5% a year for the next 5 years. The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense.
2. Mortgage Interest Rates Remain at Historic Lows
Freddie Mac's Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have remained at or below 3.5% for 13 consecutive weeks. The Mortgage Bankers Association, Freddie Mac & the National Association of Realtors are in unison, projecting that rates will increase by this time next year. Any increase in rates will impact YOUR monthly mortgage payment. A year from now, the percentage of your income that you spend on housing will increase substantially if you choose to wait.
3. Either Way You Are Paying a Mortgage
Everyone should realize that, unless you are living with your parents rent-free, you are paying a mortgage - either your mortgage or your landlord's. As a paper from the Joint Center for Housing Studies at Harvard University explains: "Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That's yet another reason owning often does--as Americans intuit--end up making more financial sense than renting."
4. It's Time to Move on with Your Life
The 'cost' of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But what if they weren't? Would you wait? Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe now is the time to buy.
If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.
Just closed on one of our listings at harding park in the bronx! Sold it with the highest price in the area! Great job Andy! #homesold #listingsold #realestate #nyreex #expertadviser #hardingpark #bronxny #realestate #broker #clientfeedback www.newyorkhomeclick.com
Last Monday, we closed on 398 Warburton Avenue. We sold it above listing price!
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year. The 30-year fixed mortgage rate has fallen half a percentage point since the beginning of the year and has remained at or below 3.5% for the last 11 weeks according to Freddie Mac's Primary Mortgage Market Survey. The chart below shows how far rates have fallen this year (on the left), and uses an average of the projections from Freddie Mac, Fannie Mae, the Mortgage Bankers Association and National Association of Realtors (on the right). As you can see, interest rates are projected to increase steadily over the course of the next 12 months.
How Will This Impact Your Mortgage Payment?
Depending on the amount of the loan that you secure, a half of a percent (.5%) increase in interest rate can increase your monthly mortgage payment significantly. According to CoreLogic's latest Home Price Index, national home prices have appreciated 6.0% over the last year and are predicted to be 5.4% higher next year. If both the predictions of home prices and interest rate increases become a reality, families will wind up paying considerably more for their next home.
Even a small increase in interest rate can impact your family's wealth. Meet with a local real estate professional to evaluate your ability to purchase your dream home.
Last Wednesday we closed on one of our listings in White Plains 14 Teramar Way. Mary, the Seller, our client, was very helpful in cooperating and getting in touch with any documents needed. Any realtor knows how much this is appreciated! Everyone else in the team from the attorneys and from the buyers side did great work!
If you plan on selling or buying a home in the area. Please don't hesitate to reach out to us!
Call us at 914-920-2299
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Episode 6: Your First Investment Property
All about investments on multi-family home.
1. don't get your emotions involved it's all about numbers
2. make sure you have a game plan.
3. have a contingency plan start thinking about your next investment and grow
4. create a reliable team to take you to the next step!
Find the best in new york Real Estate with Rummy Dhanoa. click here to get connected http://www.newyorkHomeClick.com or call/text: 914.920.2289 or Email me: Rummy@nyreex.com & SUBSCRIBE TO MY YOUTUBE CHANNEL https://www.youtube.com/user/NYRealEstateExpert
We'll have an upcoming OPEN HOUSE this Sunday at 1-3pm September 11, 2016! Don't miss the opportunity!
Newly Listed, Spacious & Bright two bedroom coop set in a park-like setting. This home has been taken care of and renovated with pride (Kitchen with Great cabinet space, update bath, formal dining area and Large Living room overlooking the complex). New lighting installed, newly painted hallways & stairs! Ideal for any home buyer that doesn’t want to do much work just move right in. All rooms have Crown molding, freshly painted, beautiful hard wood floors and recessed lighting. Three good size hallway closets and two large closets in the bedrooms. Outdoor area to BBQ, all NEW washers and dryers in laundry room. This Corner unit coop at the tanglewood garden in White Plains NY allows Dogs plus one car parking spot can be availed and The heat, hot water, and taxes are included with the monthly fee. World Class down town shopping, Walk to train, walk to parks, close to all major highways and white plains offers an amazing nightlife opportunity.
Call us now for inquiries about the property at 914-920-2299
School is back in session, the holidays are right around the corner, you might not think that now is the best time to sell your house. But with inventory below historic numbers and demand still strong, you could be missing out on a great opportunity for your family.
Here are five reasons why you should consider selling your house this fall:
1. Demand Is Strong
The latest Realtors' Confidence Index from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. 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 Now
According to NAR's latest Existing Home Sales Report, the supply of homes for sale is still under the 6-month supply that is needed for a normal housing market at 4.7-months. This means, in most areas, there are not enough homes for sale to satisfy the number of buyers in that market. This is good news for home prices. However, additional inventory is about to come to market. There is a pent-up desire for many homeowners to move, as they were unable to sell over the last few years because of a negative equity situation. Homeowners are now seeing a return to positive equity as real estate values have increased over the last two years. Many of these homes will be coming to the market this fall. Also, as builders regain confidence in the market, new construction of single-family homes is projected to continue to increase over the next two years, reaching historic levels by 2017. Last month's new home sales numbers show that many buyers who have not been able to find their dream home within the existing inventory have turned to new construction to fulfill their needs. The choices buyers have will continue to increase. Don't wait until all this other inventory of homes comes to market before you sell.
3. The Process Will Be Quicker
Fannie Mae announced that they anticipate an acceleration in home sales that will surpass 2007's pace. As the market heats up, banks will be inundated with loan inquiries causing closing-time lines to lengthen. Selling now will make the process quicker & simpler.
4. There Will Never Be a Better Time to Move Up
If you are moving up to a larger, more expensive home, consider doing it now. Prices are projected to appreciate by 5.3% over the next year, according to CoreLogic. If you are moving to a higher-priced home, it will wind up costing you more in raw dollars (both in down payment and mortgage payment) if you wait. According to Freddie Mac's latest report, you can also lock-in your 30-year housing expense with an interest rate around 3.46% right now. Interest rates are projected to increase moderately over the next 12 months. Even a small increase in rate will have a big impact on your housing cost.
5. It's Time to Move On with Your Life
Look at the reason you decided to sell in the first place and determine whether it is worth waiting. Is money more important than being with family? Is money more important than your health? Is money more important than having the freedom to go on with your life the way you think you should? Only you know the answers to the questions above. You have the power to take control of the situation by putting your home on the market. Perhaps the time has come for you and your family to move on and start living the life you desire.
That is what is truly important.