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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 9:03 AM

Top 10 High Value Remodeling Projects

Every year Remodeling Magazine does a study of which remodeling projects return the highest value for the dollars invested. It’s called the Cost vs. Value Report. They ranked the remodeling projects that returned the biggest impact upon sale of
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, September 07, 2009 4:16 PM

Short Sale Lies

You may find yourself in a position where you can’t afford to keep paying your monthly mortgage payments and your house is now worth less than your loan balance. If so, you may need to do a short sale to avoid Foreclosure…yes the F-bomb.
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, June 05, 2009 2:24 PM

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
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
Thursday, February 05, 2009 5:57 PM

2008 Westchester Market Report

“Please stop screaming sir. Yes, I didn’t expect the market to decline this much either. Yes, I have seen the news. Yes, I know the offer is not what you wanted, but I think it’s time to seriously consider selling now. I don’t
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, December 19, 2008 9:43 AM

Protect Your Home From Old Man Winter

It's time to winterproof your home before the cold weather sets in. Old man winter will be blowing hard this year, and you don't want him to blow the heat out of your house, or the money out of your pocket. There are a few simple things you could
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, November 17, 2008 2:13 PM

Foreclosure Prevention Resources for New Yorkers

The NYSAR-supported Subprime Lending Reform Bill (Ch. 472 of 2008) was signed into law by Gov. David Paterson. The measure revamps the state’s foreclosure laws and implements a series of reforms to prevent a similar crisis in the future. Under the
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, October 06, 2008 11:01 AM

Bailout Bill – How It Effects Real Estate

The Emergency Economic Stabilization Act of 2008 was signed by President Bush into law on October 3 rd , 2008. The Bill Will Help Homeowners and Borrowers The Senate legislation responded to the criticisms that lenders have been slow and/or unwilling
Posted by Rey Hollingsworth Falu | 0 Comments
Tuesday, July 29, 2008 7:33 AM

Steal My House – Real Estate Thieves

When I was a child thieves on television wore masks over their faces to hide their identities. They also wore hats and walked in a crouched position. You knew you were looking at a thief when you saw them coming. Today’s thieves have smartened up
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, June 20, 2008 4:41 PM

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
Posted by Rey Hollingsworth Falu | 0 Comments
Friday, April 04, 2008 2:44 PM

Short Sales – Foreclosure Prevention Plan

The phone rings, but no one picks it up. You know who it is, but you don’t want to talk to them, now or later. You know that they are calling about the mortgage payment. They all use the same dialogue. Have you sent out the payment already? Would
Posted by Rey Hollingsworth Falu | 0 Comments
Monday, March 03, 2008 2:59 PM

Upgrade Your Floors

Did you know that a combination of new wood and tile flooring can boost a home’s selling price by 11%? You might want to consider upgrading to hardwood – both for current enjoyment of home as well as resale potential down the road. The luxurious
Posted by Rey Hollingsworth Falu | 0 Comments
Wednesday, January 09, 2008 1:04 PM

High Yield Home Improvements

If you plan to sell your home within the near future, some repairs more than others will give you a higher return on your resale. Before you pay for that California closet, that basement project or that bathroom remodel, check out my list. Studies published
Posted by Rey Hollingsworth Falu | 0 Comments
Sunday, December 02, 2007 6:44 PM

10 Steps to Winterize the House

You'll get a season's worth of savings and peace of mind by taking a few steps in the fall to get your home ready for cold weather. So you've pulled your sweaters out of mothballs and found your mittens at the bottom of the coat closet. But
Posted by Rey Hollingsworth Falu | 1 Comments
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