Wishing you a healthy, prosperous, and exciting 2010. Happy New Year!



Monday, January 18, 2010

2010 Real Estate Advantages that will work for you!

Dream homes are on sale in New York City!

Did you know that . . . Interest rates and FHA loans can work for you

• Buyers are experiencing record low rates on mortgages; some fixed mortgage rates have recently dipped below 5.0%

• NYC properties are definitely experiencing price ‘adjustments’ (translated ‘reductions’), even at the very high end

• The federal government has extended the home buyer tax credit into 2010; the deadline is now April 30 for signed contracts, and June 30, 2010 for closings. Not only are many first time homebuyers eligible for this benefit, but also some repeat buyers are eligible*

• FHA mortgages can require as little as 3.5% down, without perfect credit*

• FHA mortgage loan limits in NYC are:
$729,750—Single family
$934,200—Two family
$1,129,250—Three family
$1,403,400—Four family

When necessary, there are re-hap loans available through FHA with purchase of homes*

There are also FHA mortgages available for specified condominiums*

*Federal guidelines apply

Please contact me and I will be happy to help you find the home of your dreams.
Just click on "About Me" and find an email link to me or email me directly at shueston@crrnyc.com

The Realty Realist

Wednesday, January 6, 2010

Real Estate Dreams In 2010

Almost everyone has a real estate dream. Think about it. I bet you do too.
And 2010 can definitely be your year to find the home of your dreams.
My job as a buyer’s/leaser’s broker is to help you do just that by finding out what you want and extensively combing the real estate marketplace to identify promising prospects; acquiring information about the real estate market and your targeted property and helping you negotiate with the seller or landlord’s agent to protect your best interests. In this way you gain value in acquiring your home. The New York State Department of State clearly defines the roles of buyer’s and seller’s agents.
You can review this at:
http://www.dos.state.ny.us/lcns/realestate/pdfs/1736.pdf
I would love to help you find the perfect home for you, so please call on me to assist you. You can post to my blog or email me by clicking on "View My Complete Profile" under the heading "About Me" at the bottom right. Thank you for your time and wishing you the best year ever and your real estate dreams in 2010.

The Realty Realist