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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 less than $500,000. Previosuly Basic STAR had no income requirements. Enhanced STAR is ...

President Obama singed the Dodd-Frank Wall Street Reform and Consumer Protection Act in July 2010. The humongeous bill increased oversight of financial institutions and creates the new Consumer Financial Protection Bureau to regulate and help Americans and their financial interests.   The new act and agency change the regulations regarding ...

HousesClosings 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 a dismal reporting period, but with an up-beat tone, since each quarter saw progressive ...

Westchester County NY reported a 9.7% decrease from last year’s 3rd 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 news if it weren’t for the abysmal performance of the market in the first two ...

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 wear do-rags, or throw up finger signs. They definitely are not sittin on 20’s. ...

  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 wait until next year to challenge their property tax.Do you think your taxes are ...

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 to rising unemployment, plunging equity markets, weak corporate earnings and the general ...

News from our friends at Thoroughbred Mortgage says that effective 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 the loan has to close by that date," says Mortgage Consultant Gail ...

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 year. So John, the seller of a Pelham 3-family, decided to give his buyers an offer they ...

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 provides for a $8,000 tax credit that would be available to first-time home buyers ...