Tag Archives: Mt Kisco Luxury Real Estate

How Short-Sale Survivors Can Get a Mortgage | Mt Kisco NY Homes

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Need to finance a home this year? If you had a previous short sale, pay very close attention to your credit report, because it might list the home as a foreclosure. It’s important to know how this difference can prevent you from getting a new mortgage again, and how you can deal with it so you can get a mortgage.

Maybe you’re purchasing another home to live in, or for investment property. Perhaps you’re financing your primary home for a specific purpose. Whatever the reason, the credit reporting from the previous shorted lender can make or break your new mortgage.

Short-selling allows homeowners to avoid foreclosure. Foreclosure involves defaulting on the mortgage, and essentially giving the house back to the bank, and is typically seen as the worse event of the two, in terms of credit-worthiness.

Lenders are obligated to report the true and exact circumstances surrounding a delinquency. When reporting on a short sale, they will typically report “Settled for less than full balance.” This is what the new lender you’re working with on your loan will want to see because this indicates the previous property was a short sale.

 

 

http://finance.yahoo.com/news/short-sale-survivors-mortgage-123017741.html

8 Mobile Apps You’ll Wish You Downloaded Yesterday | Mt Kisco Real Estate

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You know that panicked feeling you get when your mobile device isn’t immediately nearby? Yeah, this post isn’t going to help that at all.

It will, however, give you a handful of useful business apps to further extend that digital Swiss Army knife of yours. Continue reading →

Colorado agent launches marijuana-friendly marketing campaign | Mt Kisco Real Estate

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On Jan. 1, Bob Costello, an agent with the Brokers Guild brokerage in Denver, launched his “420 Friendly Realty Broker” campaign to capitalize on Colorado’s new 2014 law that allows adults over the age of 21 to purchase recreational marijuana legally in the state.

“I’ve had about 30 calls about this, and for a real estate broker, it’s great — you want a lot of leads,” Costello told the Huffington Post.

Costello offers prospective clients who might want to grow pot insight into what type of homes they should be looking for.

“First of all, you want to be in a marijuana-friendly city like Denver, Edgewater, Wheat Ridge or Pueblo,” Costello told the Post. “You probably also want to get a house that’s not too close to a school, maybe not too close to something controversial.”

Source: Huffington Post

– See more at: http://www.inman.com/wire/colorado-agents-2014-marijuana-friendly-marketing-campaign-seeing-early-returns/?utm_source=20140110&utm_medium=email&utm_campaign=dailyheadlinesam#sthash.CVrTCTBy.dpuf

Migrants buying after Spanish real estate market bottoms out | Mt Kisco Real Estate

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Buyer confidence is now returning to Spain via emigrants’ purchase of Spanish property at rock-bottom prices.

Recent house price data released by major real estate agents in Spain indicated that, in the most popular areas, prices have bottomed out and are attracting migrant buyers as a result. Russian and Far Eastern buyers are picking up bargains and the British and Scandinavians are re-entering the market.

There’s much to attract those wishing to emigrate, with prices in the Costa Brava, Marbella and Barcelona, recently down by up to 50 per cent on pre-crash prices, now showing a slight recovery due to renewed interest from overseas. The luxury market is faring best, particularly in beachside destinations such as Ibiza and Mallorca.

Buyers’ demographics are also changing, with increasing numbers of younger people in the 30-40 age group and fewer retirees being noted. Indian, American and Chinese investors are showing the most interest in the popular areas.

According to real estate agents, sellers are still open to price negotiation even although the best properties as regards location and amenities are listed at around 30 per cent below their true value. The Spanish government’s recently announced scheme to give residency to non-EU nationals purchasing a home for over €160,000 would seem to have kick-started the country’s ailing property market.

– See more at: http://www.emigrate.co.uk/news/20140102-8412_spanish-property-now-attractive-to-migrants#sthash.f3MLCa6e.dpuf

Paul McCartney Eyes $13M 4BR Condo On Fifth Avenue | Mt Kisco NY Homes

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A four-bedroom condo on Museum Mile that’s been sitting on the market for more than a year got some Christmas love from former Beatle Sir Paul McCartney. The Post reports that McCartney and his wife, Nancy Shevell, checked out unit 16B at 1049 Fifth Avenue, currently listed for $12.9 million. The 3,335-square-foot apartment was originally listed in October 2012 for $13.5 million, but had its price reduced by $500K in July 2013. The home has Central Park views and design details one expects from a prewar Fifth Avenue building: coffered ceilings, rosewood herringbone floors, marble bathrooms, and a mahogany paneled library.

 

 

http://ny.curbed.com/archives/2013/12/26/paul_mccartney_eyes_13m_4br_condo_on_fifth_avenue.php