I should first disclose that I am not, nor have I been in the past, an REO Broker. I have purchased them myself and I have represented buyers in the transactions many times over the years. It is as different an area of real estate from typical transactions as Podiatry is from Opthamology in medicine.These [...]
Archive for January, 2009
Thinning Agent Herd is the Silver Lining to Slow Market
Posted in Uncategorized, tagged Briarcliff manor Realtor, buyer's market, choosing an agent, Home selling, how to choose a real estate agent, real estate agents leaving industry, slow real estate market, westchester real estate on January 24, 2009 | Leave a Comment »
With the economy in decline and the housing market more so, real estate agents are leaving the industry. This is first and foremost a sad thing for anyone who loses a job or has a business fail; I never like to see anyone suffer or have financial problems. Overall, however, there is a silver lining [...]
Walk in Closets. His. Hers.
Posted in Uncategorized, tagged closets, his and her closets, walk in closets on January 22, 2009 | Leave a Comment »
Thanks but No Thanks, Ms. Kennedy
Posted in government, tagged Caroline Kennedy, Commission Escrow Act, New York Politics on January 22, 2009 | Leave a Comment »
I don’t know what the full story is, and we’ll perhaps never know, but Caroline Kennedy has withdrawn from consideration to replace Hillary Clinton as a New York Senator. My money is on the idea that once Ms. Kennedy found out that she wasn’t Gov. Paterson’s choice for NY Senator, she took her ball and went home. Regardless, [...]
New Homeowner? Grieve Your Taxes
Posted in government, tagged assessed value, grieving property assessment, property taxes, taxes on January 13, 2009 | Leave a Comment »
More and more people are buying foreclosures and short sales, and many agents are recommending they do so. Many of these homes are assessed at a far higher value than their last purchase price. If you bought a home for $500,000 and it is assessed for $625,000, then you are overpaying your taxes. Of course, [...]
New Blog on Short Sales
Posted in Foreclosures, Me Myself and I, Short sales, tagged avoiding foreclosure, real estate blogging, short sale realtor, short sale specialist, Short sales on January 10, 2009 | Leave a Comment »
I have started a blog on short sales, focusing past success stories from the files we have closed. The link will be added to the sidebar. http://newyorkshortsaleblog.wordpress.com I have also created a website for my company devoted completely to our expertise in short sales and heping our clients avoid foreclosure. That link will also be [...]
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J. Philip Faranda Broker-Owner (914) 723-8900
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