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FREE MONEY!! NYSERDA Appliance Swap Out - 10 Days Only February 12-21st! Rebates! FREE MONEY$$$

 
Headline got your attention? It should! How does up to $555 in free money from cash strapped New York State sound? Well its true! From February 12th until the 21st, or until the money runs out, NYSERDA is offering rebates for qualifying refrigerators, freezers and clothes washers. Enhanced rebates are available for people who recycle [...]

Westchester Putnam Multiple Listing Service Year End 2009 Market Report

 
 
 
 
2009 was dismal, but we have turned the corner.
That is the crux of the market report issued this week by the Westchester Putnam MLS. I generally let this document speak for itself because I frankly am not in love with it. Not because anything in it is wrong - not at all. it just is [...]

Houlihan Lawrence Launches New Website!

Today Houlihan Lawrence launched its new state-of-the-art website http://www.houlihanlawrence.com This has been a long time coming, and it is very web 2.0! Sporting a new soothing color scheme, it is chock full of new features, including larger pictures, map searches, YELP! integration, school information, enhanced client access and so much more. Combined with our new in-house [...]

2010 is a Green Year! Tax Incentives for Energy Upgrades at Home!

Tax Credits for Solar Water Heaters
A federal tax credit makes energy-efficient solar water heaters a more affordable and sustainable option for many homeowners. Read

Tax Credits for Replacing Heating and Cooling Systems
Upgrading to an energy-efficient heating and cooling system can save hundreds on your utility bills and up [...]

NY Times Real Estate Q&A: Using One Broker for Buying and Selling

I admit it: Agency Law is a pain in the neck.  But it IS the law, and all Realtors are responsible for understanding and following it. The Law of Agency in its basic form really is not terribly complicated. However, once Dual or Designated Agency comes up, as in the following situation, it can get [...]

Well I am back from vacation (:

After a wonderful relaxing Cape Cod vacation I am back, and there is a lot to blog about. From the passing of the great Lion of the Senate, Bronxville native Sen Ted Kennedy, to the increasing virulent battle against the HVCC (Home Valuation Code of Conduct), and the apparent hitting bottom and possible stabilization of [...]

HVCC Controversy Continues - Video from Fox News

The controversy over the Home Valuation Code of Conduct (HVCC) which applies to all Fannie Mae and Freddie Mac loans (which is basically all loans) continues to cause problems and fear among buyers, sellers & Realtors. Low priced appraisals due to the Appraisal Management Firms (AMC’s) cutting payments to appraisers has caused sloppy work and [...]

Appraisal Institute Applauds Freddie Mac’s Revised Guidelines

 

This is progress! There have been increasing reports of poor quality appraisals due to the new regulations, and this is a step in the right direction to address the issue. The HVCC (Home Valuation Code of Conduct) is still problematic and pressure must continue to modify it to recognize reality.
 
RISMEDIA, July 14, 2009-The Appraisal Institute, [...]

Yonkers Budget Certified by State Comptroller

The City of Yonkers 2009-2010 budget which was late this year and further delayed due to the mess in Albany has been approved by the State Comptroller. This means that tax bills can be issued, and we will know hopefully in the near future what the basic STAR benefit will be. My sources tell me [...]

Existing Home Sales in May Increase 2.4%!

May Existing-Home Sales Continue Rising Trend

Washington, June 23, 2009
National Association of Realtors
Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May’s increase was the first back-to-back monthly gain since September 2005.
Existing-home sales – including single-family, townhomes, condominiums [...]