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Tax Grievance - Lower Your Taxes By June 16th

The time frame for challenging real property tax assessments in Westchester is June 1st to June 16th (confirm with your town) . You can have your property taxes lowered, if you challenge the assessments by June 16th. If you miss the deadline, you must

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

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

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

$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

Congresswoman Nita Lowey (D-NY) Reports on $24.6 BB to New York

New York is expected to receive $24.6 Billion in funds from the recently passed American Recovery and Reinvestment Act, signed into law by President Obama. New York Congresswoman Nita Lowey met with the Westchester Hispanic Chamber of Commerce to outline

How to Buy a Co-Op

You want to buy a co-op? Below are ten steps to ownership. A co-op is an asset like any other piece of real estate except you are not really buying the property. A co-op is not condo. When you buy a condo you are buying the actual site (like a house).

10 People to Blame for the Financial Crisis

How did the world’s most powerful economy get so bad? TIME Magazine published their list of people their readers think should carry blame for the current financial crisis. The list was voted on by Time magazine readers and contains the top ten vote

VOTE – Obama or McCain

Here are the candidate's plans as they relate to home ownership and housing. I copied them straight from their websites, without editing. Obama’s Plan – Source: http://www.barackobama.com/issues/economy/ Obama and Biden will crack down

Cost Vs Value 2007 Report - Where to Spend Your Dollar?

You may be considering a renovation within the next year. Perhaps you will be fixing up the house to sell. Perhaps you may want to enjoy the upgrades yourself for a few more years. Either way, you should have a budget. You want to get the most value out

Cost Segregation – Accounting Tricks to Reduce Your Taxes

Normally accounting is a pretty boring subject. But what if I told you that you could eliminate your property tax bill (or reduce it to practically nothing) with an accounting trick? You still there? Good, because only a handful of people know about Residential

Westchester County Association Fights High Property Taxes

The Westchester County Association recently held a Town Hall forum on proposals to reform the tax system. Residents are mobilizing to put a cap on tax increases. According to Houlihan Lawrence Broker Chris Meyers, “It is painfully obvious that property

10 Tax Changes for 2008

Uncle Sam never sleeps. Plan now to save on taxes for 2009. 1. More money for gas . Standard mileage deduction for business increases to 50.5 cents per mile. Add it up. 2. More money for retirement. You can contribute $5,000 to your IRA ($6,000 if you're

Economic Stimulus Act 2008 Signed

February 13, 2008 President Bush signed the Economic Stimulus Act of 2008 into law. The act hailed by the National Association of Realtors should give a much needed boost to the housing market. The new act raises the loan limits guaranteed by Federal

You Can’t Take it With You

You are going to die. I’m sorry to break it to you, but one day it will happen. No matter how well you eat, or how many weights you lift, miles you log, or supplements you take, the natural order of life will mean that you must go to make room for
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