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Thursday, December 16, 2010 12:58 PM

New Income Thresholds for STAR Exemptions in 2011

New York State's School Tax Relief (STAR) Program provides property tax exemptions (also known as homestead exemptions) for New York homeowners. Starting in 2011, Basic STAR is available to anyone who owns and lives in his or her own home and earns
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, December 13, 2010 9:07 AM

New 1099 Reporting Requirements for Landlords in 2011

Starting in 2011, any person who receives rental income must provide a Form 1099 for all payments of $600 or more made to service providers such as plumbers, carpenters, yard services and repair people. The recently-enacted small business legislation
Posted by Rey Hollingsworth Falu | 0 Comments
Thursday, March 04, 2010 9:32 AM

2009 AskRey Westchester Market Report

Houses Closings were down 12% to 3,358 closings for single family homes in Westchester County in 2009. Prices were down 11% respectively for the same period in the county, making the median price for a new house $580,000, just above prices in 2003. Normally
Posted by Rey Hollingsworth Falu | 0 Comments
Sunday, December 06, 2009 7:29 PM

Homebuyer Tax Credit Changes in 2010

Obama signs bill in November extending and expanding the $8000 first time home buyers tax credit. The modifications in the column labeled “December 1,2009 – April 30, 2010” became effective Nov 6, 2009. Here is an outline of the changes.
Posted by Rey Hollingsworth Falu | 0 Comments
Sunday, December 06, 2009 7:09 PM

How to Buy a Home: For Women

This article is only for women … so men please walk away from the computer now…. OK ladies are we alone yet? Good. So I will admit a few things to you. Maybe you gals are smarter than us, and perhaps you do mature a little faster. Maybe
Posted by Rey Hollingsworth Falu | 0 Comments
Thursday, October 29, 2009 8:33 AM

Westchester Market Report 2009 3rd Quarter

Westchester County NY reported a 9.7% decrease from last year’s 3 rd quarter home sales transactions. The median sale price of a single family house in Westchester was $630,000, a decrease of $80,000 or nearly 11% from last year. This would be horrible
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, September 07, 2009 10:13 PM

New York State Offers Mortgage Credit Certificates (MCC)

This guy has been getting a lot of flack lately. Most of it unjustified. However you Empire state home buyers should be giving Gov. Patterson a standing ovation for creating the NYS Mortgage Credit Certificate (MCC). It allows first time home buyers to
Posted by Rey Hollingsworth Falu | 0 Comments
Wednesday, July 15, 2009 9:02 AM

Home Equity Theft Protection Act

I’m a hustler baby. I just want you to know. It ain’t where I’m from, but where I’m about to go. I wish all hustlers would approach me singing Jay-Z, so I know clearly who I’m dealing with. But they don’t. They don’t
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, June 05, 2009 2:20 PM

Greatest Hustler of All Time... Do you know them?

Who is the greatest Hustler of All Time? Be careful. There are a lot of hustlers in real estate. I see it time and time again. The faces change, but the game stays the same. So if you are buying a house, be careful that you don’t have the Greatest
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, May 01, 2009 8:23 AM

Westchester Market Report - 2009 1st Quarter

Westchester County NY reported a 31% decrease from last quarter’s home sales transactions. The median sale price of a single family house in Westchester was $532,000, a decrease of $90,500 or nearly 15% from last year. The decrease was attributed
Posted by Rey Hollingsworth Falu | 0 Comments
Tuesday, April 28, 2009 8:12 AM

Home Assistance Refinance Program - HARP

The HARP program, or Home Assistance Refinance Program is in full effect boyeeeeeee. Please excuse me for going Flavor Flav on you, but I'm excited about this program designed to help homeowners in difficulty. For any of you owners who may be in difficulty
Posted by Rey Hollingsworth Falu | 1 Comments
Tuesday, April 28, 2009 7:50 AM

Westchester Loan Limits Rise to $729,750

News from our friends at Thoroughbred Mortgage says that e ffective Monday, April 27th, conforming high balance loan limits in Westchester County will be $729,750. "This is temporary and these limits will expire on June 10, 2010. That means that
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, April 10, 2009 10:11 AM

Pelham Seller Gives Away a Hybrid!

The Westchester real estate market has picked up quite a bit recently. We have all heard the reports about the poor state of the market in recent months. Multifamily properties have been hit especially hard, with transaction volume down almost 60% last
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, April 03, 2009 9:26 AM

First Time Home Buyer Seminar in Westchester

First Time Home Buyer Seminar April 4th, 2009 Saturday, 1:00PM - 2:30PM Where: YMCA 220 South 2nd Ave, Mount Vernon , NY Cost: Complimentary It's time for you to own your own home this year. Come to this buyer seminar and get the secrets that successful
Posted by Rey Hollingsworth Falu | 0 Comments
Thursday, March 26, 2009 9:55 AM

$8000 Homebuyer Tax Credit: Use It or Lose It

Buyers. You can get an $8000 tax credit if you buy your home in 2009. It's called the Homebuyers tax Credit and it is one of 10 key provisions of the American Recovery and Reinvestment Act signed by President Obama into law on Feb. 17, 2009. The bill
Posted by Rey Hollingsworth Falu | 0 Comments
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