Category Archives: Bedford

Bedford Fire Department Will Entertain With ‘Fire On The Green’ | Bedford Real Estate

The Bedford Fire Department is getting ready for its “Fire On the Green 2013” event.

The celebration will be from 3-8 p.m., Sept. 7 on the Village Green.

This year’s event will have music from The School of Rock Music, Mighty Joe Band and The Three Track Mind Band. There also will be food/beverages, carnival games, live fire/safety demonstrations, a caricature artist and much more.

Admission is $10 per person; children younger than 5 are free.

read more…

http://bedford.dailyvoice.com/events/bedford-fire-department-will-entertain-fire-green

Credit Unions Grow Mortgage Business | Bedford Real Estate

Credit unions continued to steal market share from other mortgage lenders, originating 2.5 percent more first lien mortgages in the second quarter than the first and growing 5.6 percent over the same period last year.

First mortgage real estate loans rose to $253.8 billion, up 2.1 percent for the quarter and 5.6 percent year-over-year, the National Credit Union Administration reported yesterday.

Virtually all of the mortgage business was underwritten by larger credit unions, which are responsible for most of the growth during the quarter.

“Although the industry is performing well overall, smaller credit unions continue to face challenges with making loans, generating earnings and attracting members,” said NCUA Board Chairman Debbie Matz. “NCUA is committed to providing assistance and support to ensure the viability of small credit unions so they can continue to serve local communities.”

“The increases in lending, net worth and membership are especially positive signs,”. “The brisk loan growth shows that federally insured credit unions are meeting the needs of more borrowers and putting their assets to productive use. The net worth ratio rose to 10.5 percent, its highest level since 2008. Credit union membership continues to reach a new milestone each quarter.”

Membership in federally insured credit unions reached 95.2 million, a record high, in the second quarter of 2013. Membership grew by 560,670, or 0.6 percent. Nearly 2.1 million Americans have joined a credit union in the last four quarters.

While adding members, the number of federally insured credit unions dipped to 6,681, a drop of 72. The decrease is consistent with recent trends, as most consolidations were voluntary mergers.

Federally insured credit unions reported $613.7 billion in total loans in the second quarter of 2013, an increase of $13.8 billion over the previous quarter.

The industry’s net worth ratio stood at 10.5 percent of assets at the end of the second quarter, up 34 basis points from the end of the second quarter of 2012. The ratio is at its highest level since the fourth quarter of 2008.

 

 

read more…

 

http://www.realestateeconomywatch.com/2013/08/credit-unions-move-into-mortgages/

Why Promoting on the Facebook Timeline is Good and Bad | Bedford Hills Real Estate

Facebook has made another change to how you can market on Facebook.Why Promoting on the Facebook Timeline is Good and Bad

Is this good news or not?

A couple of years ago, they decided to forbid running promotions directly on  the page and made the use of a third party app mandatory. This restriction is  now gone.  You can now run a promotion without using a third party  app.

There are still rules though, and not everything can be done. Nonetheless,  this can be a good option in some instances, or a very poor one in others.

Let’s review the pros and cons of this new possibility.

#1. The good part

So what you can do when  running a promotion on  your timeline and  why can it be a good option?

The new terms  of service and the accompanying FAQ they have put together are pretty clear about what you  can do:

  • You don’t HAVE to use a  third party app anymore to run a promotion on your page (you still can, but it  is not mandatory)
  • If you run your promotion  directly on your page, entries to the promotion can be made by either posting on  the page, liking or commenting a page post, or messaging the page.

If you have a small audience and want to offer a prize, it’s now super  simple:

  1. Post to your page that  people may just “post” or “message” the page or “like” or “comment” a post of the page
  2. Tell them you’ll pick a  winner among the ones who have done so

Super fast, super easy and free!

You can even pay for ads and get the concerned post displayed to more people  than your usual organic reach (between 5 and 50% of your fans). The ad part is probably the main  motivation for Facebook to change its rules by the way, but that’s a different  story.

A good example would be the following:

  • You have a small business  and a couple thousand fans and you are launching a new product
  • You want your fans and the  world to know about it
  • At the same time you want  to engage with the announcement
  • Create a post announcing  the launch
  • include a nice picture  and ask your fans to find a name for the new product using the comments on the  post
  • Pick the name you like  among the comments and you have a winner.

 

Read more…

 

 

http://www.jeffbullas.com/2013/09/02/why-promoting-on-the-facebook-timeline-is-good-and-bad/#kxXoFfoBSdZTxRTl.99

Bedford NY Real Estate Under $999k sales up 20% | Median price Up 1.6% | RobReportBlog

Bedford   NY Real Estate Under $1 Mill ReportRobReportBlog
20136 months ending 9/42012
71Sales59Up 20%
$620,000.00median sold price$610,000.00Up 1.60%
$170,000.00low sold price$263,000.00
$950,000.00high sold price$995,000.00
2177average size2374
$289.00ave. price per foot$259.00
160ave. days on market179
$604,401.00average sold price$598,262.00
95.12%ave sold to ask95.32%

Realtor recovering after being shot on grounds of $1.88M property | Bedford NY Real Estate

A Canadian Realtor is recovering after being shot in the head Saturday on the grounds of a 19-acre, $1.88 million listing he represents near Vancouver, British Columbia.

Franz Prokop of Macdonald Realty was airlifted to a hospital after he was found by the side of the road on the property, which formerly housed a marijuana grow operation and methamphetamine lab.

Police say the shooting was not random but don’t have a suspect in custody, The Maple Ridge-Pitt Meadows News reports.

 

Source: mapleridgenews.com.

 

read more…

 

http://www.inman.com/wire/realtor-recovering-after-being-shot-on-grounds-of-1-88m-property/#sthash.vNA0cTsh.dpuf

5 Common Mistakes to Avoid on Google+ | Bedford Realtor

Google+ maybe a newer social network, but it’s a powerful one.5 Common Mistakes to Avoid on Google+

In fact it is now the second largest social media network behind Facebook after only launching just over two years ago.

So why are so many Google+ users confused about how to use it? The fact is, if  you’re like most people on Google+, you’re still a little confused about the site.

So what should you do?

To answer that question, here’s a list of some of the most common mistakes  users make on the network. Examine these errors and avoid them, and you set  yourself up to be ahead of the pack.

1. Not Optimizing Your Profile

Completing your profile is Google+ 101.

When you add your name, bio, photo and other information, you let other users  know who you are and how to identify you. This not only encourages connection,  but it also reinforces your brand. To make the most of your profile, optimize it  with keywords relevant to your industry. Likewise, include relevant links  throughout your About page, from the “introduction” to the “website” section.

Look at my profile as an example:

  • Completed tagline
  • Keyword-rich introduction
  • Contact information
  • Photo

5 Common Mistakes to Avoid on Google+

Also optimize your profile by listing all the of the sites where your  writing or content appears.

5 Common Mistakes to Avoid on Google+

2. Never Posting

You gain the most exposure on Google+ when you post regularly.

Fresh content keeps you current in the feeds of contacts and makes you seem  relevant, as is shown in the feed below. Likewise, regular posting benefits search engine optimization, improving your results when  users search for content related to what you share.

Read more at http://www.jeffbullas.com/2013/08/26/5-common-mistakes-to-avoid-on-google/#kImM2Q5AWspxokA7.99

Bedford Car Wash Subject Of Dispute | Bedford Real Estate

 

A judge has ordered a Bedford area car wash to vacate its site by Sept. 30, in the latest battle between a landlord and tenant.

Bedford Town Justice Erick Jacobsen recently ruled that Greenwich-based Splash Car Wash must vacate its site at 527 N. Bedford Road in Bedford Hills by Sept. 30.

Splash Car Wash has a suit pending in State Supreme Court in White Plains in its attempt to remain on the site. Splash has been at the site since 1995.

The judge ruled in favor of Shullman Family Partnership, which has been trying to force Splash off the property for months, though Splash has refused.

The Shullmans have owned the property since the 1960s, and decided not to review Splash’s lease on April 30.

Bob Shullman said he went to Splash on May 1 to pick up the keys and found out they weren’t giving up property, leading to a lengthy court battle. After taking Splash to court, Splash counter-sued asking for a temporary restraining order. When that was denied, Splash filed the injunction.

“I have learned things I never wanted to learn about restraining orders, temporary injunctions and permanent injunctions,” Shullman said. “This is not something enjoyable but you have to do it.”

Shullman said he first noticed something was up when Splash, who pays the real estate taxes, sent a check to cover costs for the end of the year, even though they were only billed until the end of April.

“That gave me an indication that these people were not planning to leave,” Shullman said. “This is not going to be good. I walked off the property. I’m not going to have a fistfight.”

Jacobsen rejected Splash’s argument since they had paid taxes until the end of the year they were entitled to stay until the end of the year.

Splash wants to stay on N. Bedford Road until they get necessary approvals for a new car wash they plan on building at 562-570 N. Bedford Road.

“That’s not our problem,” Shullman said. “That’s a problem between them and the Town of Bedford.”

Mark Curtis, the executive director Splash Car Wash, said that their attempts to build a new car wash in Bedford Hills have been undercut by the Shullmans, who are helping to fund a campaign by nearby residents at Valerio Court against the site. Splash has spent three years trying to get the necessary approvals, finally getting a final site plan approval in Feb.

“They have hired lawyers, sound engineers to fight this under the pretense their property values were going to go down if the property was developed into a car wash,” Curtis said. “They want to defeat us or delay us. They want to take over the business we have developed for 18 years.”

Curtis claims one neighbor who claimed his property was going to be devalued, recently sold his house at 93 percent of the asking price for a profit.

“That’s completely disingenuous, if not dishonest,” Curtis said.

Curtis argued that had the Shulmans not led an opposition campaign against his proposed car wash, he would’ve been happy to hand them the keys and move on.

“By working against us, either surreptitiously or openly, they are breaching an implied contract,” Curtis said. “It’s tortuous interference.”

Curtis said Splash has been a good corporate citizen, donating to DARE, the school district and Boys and Girls Club.

“We love the community and we want to stay,” Curtis said. “We never anticipated it would take this long. We would have our new location built if they hadn’t gotten involved.”

 

Bedford Car Wash Subject Of Dispute | The Armonk Daily Voice.

Comptroller Raises Concerns About Bedford’s Finances | Bedford Homes

Town Comptroller Edward Ritter presented a bleak financial outlook for the Town of Bedford at a recent work session.

At the Aug. 20 meeting, Ritter presented a financial outlook for the town for the next five years that showed Bedford facing rising pension and benefit costs that will be hard to keep up with.

Like most municipalities, Bedford has seen pension and health care costs skyrocket over the past few years while they try to keep budgets within the 2-percent cap on the tax levy.

The board is already working on its 2014 budget, where, according to Ritter, the town faces a $692,082 budget  gap for 2014. The gap could reach $2.6 million by 2018.

Municipalities are required to pass balance budgets. Ritter said the town’s fund balance is also running low. Municipalities often use fund balance to help mitigate two percent.

Ritter said employee benefits will rise from $5.7 million this year to more than $8 million in 2018.

At the work session, the town board discussed possibly overriding the tax cap in future years. The Bedford Town Board can override the tax cap with a 3-2 vote.

Supervisor Lee Roberts said, while she is concerned, she believes Bedford is in better shape than most.

“We have a AAA bond rating and a healthy fund balance,” Roberts said. “We have our concerns. It’s not going to be business as usual.”

Roberts said the town board has to be creative with the town’s future financial direction.

“This exercise is going to give us a longer range view of our finances so we can plan and not just have a knee-jerk reaction,” Roberts said. “It was a call for all of the town board to come up with thoughts and ideas on how we’re going to move forward.”

Bedford’s situation is not unique in New York, Roberts said.

“Every town will be required to have a long range review,” Roberts said. “It’s good to have a sense of direction you’re taking and not just be reactionary when things go wrong.”

The town has tried to keep costs down, having cut for the last five years. But along with pension and health insurance costs increasing, replacing vehicles, paving roads and fuel costs have all gone up. Last year, the town laid off employees for the first time in history.

“Everything goes up,” Roberts lamented. “It’s a very difficult economic picture for municipalities. Mandate relief would go a long way to helping us. The entire financial picture is challenging.”

Roberts noted the town has no control over pension costs, simply getting a bill from the state comptroller’s office.

 

 

 

http://bedford.dailyvoice.com/politics/comptroller-raises-concerns-about-bedfords-finances

Falling foreclosures: A sign of borrower heroism | Bedford Real Estate

Falling foreclosures are the result of heroic homeowners who have spent the past five years deleveraging, or paying down personal debts, says economics reporter Jon Hilsenrath with The Wall Street Journal.

CBS This Morning caught up with Hilsenrath to learn more about this deleveraging trend.

The news agency pulled the following excerpt from the interview:

“Americans have done something heroic, really, in the last five years,” Hilsenrath said. “Faced with all of this debt after the housing boom, they’ve made a lot of progress on paying it down. Almost one-eighth of the household consumer debt got basically paid down.”

                    Source: CBS News – WSJ