Wednesday, June 30, 2010

The impact on the housing market of people who are walking away from their mortgages!

NAR Tax credit update

The United States House of Representatives has just passed  HR 5623, the Homebuyer Assistance and Improvement Act of 2010, by a vote of 409-5.  This bill extends the deadline for closing tax credit eligible transactions from June 30 to September 30, 2010.   The bill now moves to the Senate where the outcome is much less certain.  Will keep you posted on final outcome.  For more information on the real estate market feel free to contact me directly.

Stacee Massoni

914.806.6981









Posted via email from Stacee Knows Armonk Real Estate

Monday, June 28, 2010

Home Buyers Tax Credit Extension Update

<a href="http://kcmblog.com/2010/06/28/home-buyers-tax-credit-extension-update/

Saturday, June 26, 2010

Wednesday, June 16, 2010

Byram Hills School Update for the Month of June


Begin forwarded message:

From: Byram Hills Central School District <ERS@byramhills.org>
Date: June 16, 2010 7:30:41 PM EDT
Subject: Superintendent message #8

Dear Parents,

The month of June always seems to race by as we enjoy the special traditions in our school district. This video message highlights some of the memorable activities in each of our schools. Please enjoy this special time with your children and keeping watching Bobcat TV. My best to you and your family, Dr. Jackie Taylor


A Video Message from Superintendent Dr. Jacquelyn Taylor, June 2010, Run Time: 5:12
http://bobcattv.org/html/764Jackie0611_10.htm
This e-mail has been sent to you by BYRAM HILLS CENTRAL SCHOOL DISTRICT. To maximize their communication with you, you may be receiving this e-mail in addition to a phone call with the same message. If you wish to discontinue this service, please inform BYRAM HILLS CENTRAL SCHOOL DISTRICT IN PERSON, by US MAIL, by TELEPHONE at (914) 273-4198 or REPLY TO THIS E-MAIL.
Copyright © Blackboard Connect Inc. All Rights Reserved Worldwide.

Posted via email from Stacee Knows Armonk Real Estate

Price Cuts Arrive in Title Insurance for the First Time in New York

 

 

JUNE 16, 2010
Price Cuts Arrive in Title Insurance

 

 

A big real-estate broker in suburban New York, Houlihan Lawrence, is trying to attract more home buyers by offering savings on title insurance, a business that generally avoids price competition.

 

Houlihan said an affiliated company, Thoroughbred Title Services, will offer title insurance and related services at costs well below those of competitors under an arrangement with EnTitle Insurance Co., a unit of Entitle Direct Group Inc., Stamford, Conn.

 

Houlihan operates in Westchester, Putnam and Dutchess counties. Thoroughbred plans to offer its title insurance services throughout New York State.

 

EnTitle last week won approval from the New York State Insurance Department for premiums on title insurance sold through agents that EnTitle says are 10% below those charged by its competitors in the state. Nineteen other title insurers operating in New York state set uniform premiums through an industry group, the Title Insurance Rate Services Association, and don't compete on pricing. An official of that group declined to comment.

 

Home buyers often pay scant attention to title insurance and related fees when they buy homes because they are focused on bigger items, such as negotiating a price for the home and getting a loan. That generally has freed title insurers and agents from worrying much about price competition.
For a person buying an $800,000 home with a $600,000 mortgage, Thoroughbred would charge a total of $4,291 for title insurance and related research services, according to Christopher Meyers, chief operating officer of Houlihan.  That is about $1,000 below the typical cost from competitors, Mr. Meyers said.

 

EnTitle operates in 35 states and the District of Columbia and sells insurance directly as well as through agents.

 

 

Write to James R. Hagerty at James.Hagerty@wsj.com
Copyright 2009 Dow Jones & Company, Inc. All Rights Reserved

Posted via email from Stacee Knows Armonk Real Estate

Saturday, June 12, 2010

Video of the Fol-De-Rol Carnival in Armonk

For more details go to http://armonklions.org/index_files/Page342.htm.

There is still time to join the fun at Fol-De-Rol. A great event in the heart of Armonk. There is fun to be had for all ages.

Click on a video below to watch it:

Armonk Fol-De-Rol
Video Length 0:46
Click here to watch

Flip Video

To learn more about the Flip Video Camcorder, click here.


Posted via email from Stacee Knows Armonk Real Estate

Friday, June 11, 2010

Should Buyers Fear A Short Sale?

If time is on your side then the answer is No! Short sales are a good way for Buyers to typically get a great deal. One of the obstacles that a short sale may cause it that timing is an unknown. The Buyers and Sellers are at the mercy of the Bank being shorted. The other obstacle is that since no two are alike there really is no way of knowing the outcome until it happens. The good news is that with more short sales occurring, more positive outcomes are being reported. So again, if time is on your side and you are looking for a deal then looking into some short sales might be the right path for you. The other positive for a Buyer interested in purchasing a short sale is that there is no community immune to them. They are popping up all over and will continue to for some time. For more information feel free to contact me at slm@staceerealestate.com.


Stacee Massoni
SFR Certified
914.806.6981




Posted via email from Stacee Knows Armonk Real Estate

Where Is The Market Heading Part 1?

Here we are six weeks after the expiration of the Homebuyer Tax Credit. Armageddon did not take place. Homes are still selling. Certain price points are actually selling quite well. The question remains what will happen to the overall housing

Posted via email from Stacee Knows Armonk Real Estate

Where The Real Estate Market is Heading Part 1 of 3

Here we are six weeks after the expiration of the Homebuyer Tax Credit. Armageddon did not take place. Homes are still selling. Certain price points are actually selling quite well. The question remains what will happen to the overall housing

Posted via email from Stacee Knows Armonk Real Estate

Thursday, June 10, 2010

Stacee Knows Armonk Real Estate Don't miss Fol-De-Rol in Armonk, a blast for all ages.

armonkchamberofcommerce.org
Friday, June 11, 2010 - 6 pm to 10 pmSaturday, June 12, 2010 - 10 am to 10 amSunday, June 13, 2010 - 11 am to 5 pmFol-De-Rol Country Fairat Wampus Park, Maple Street, Armonk, NY Great entertainment, vendors, food courts, and ridesfor more detailsVisit: www.armonklions.org