Tuckahoe

On November 6, President Barack Obama signed into law the extension and expansion of the current homebuyer tax credit, an important step in ensuring a real estate and economic recovery. The measure extends the present $8,000 tax credit program for first-time homebuyers through April 30, 2010. It expands the program, effective November 7, 2009, to » Read more  

The NYS Legislature gave final approval today to the 2009-10 state budget,  that increases fees and taxes for New Yorkers by more than $8 billion, eliminates the middle-class STAR property tax rebate program, sets forth a new bottle bill program and utilizes $6.2 billion in federal stimulus money; all in an effort to close the » Read more  

This current real estate market is very interesting to say the least. Home prices have dropped to where it was back in 2003 and interest rates are low too. In my personal opinion if the prices do drop again it wont be that much more, its just a matter of time before the market stabilizes. » Read more  

Finding a good real estate agent / broker is essential to enjoying a painless real estate transaction. The saying is “20% of the agents do 80% of the business,” and it is true. The best agent for you doesn’t necessarily work at the largest brokerage, close the most transactions or make the most money. The » Read more  

In a short sale, the seller arranges with their mortgage lender to accept a price that’s less than the amount they owe on the property. As part of this arrangement, the lender typically agrees to forgive the rest of the loan. As a result, the seller doesn’t have to go though a foreclosure, the buyer » Read more