Deeds and Leases

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 [...]

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 [...]

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 [...]

  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, [...]

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 [...]

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 – [...]

                                                      OVERTAXED?    If YOU ARE A CONDO or CO-OP OWNER or RENTER Your Real Estate Taxes Will Go up Under State Senate Bill S1706-A   State Senate Bill Number S1706-A would change the tax status and property tax grievance procedures for CO-OPS, CONDOS, and APARTMENT BUILDINGS in Westchester County. All other types of [...]

If you crave space and convenience this is the one for you! Great building with a quick walk to Metro North, Starbucks, neighborhood shopping and Bronxville Village a 12 min walk! Neighborhood park one block away, and a two mile drive to Stew Leonards, Costco and the new Ridge Hill Development! Less than a mile [...]

Forest City Ratner has announced that they have signed a letter of intent to lease 80,000 square feet to Saks in the 1.2 million square foot center. Located on the New York State Thruway in Yonkers across from Stew Leonards, Costco and Home Depot, this mixed use development currently under construction will offer retail, entertainment, [...]

If you are looking for a BIG one bedroom apartment look no farther than this gem! Big foyer, big living room, eat-in-kitchen, and a 20×12 bedroom! So big it can work as two distinct spaces! It faces the favored front of the building too! Ask me about parking! Walk to all amenities! Value priced for [...]