Explore Yonkers, NY

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to:1.    Set the market value on possibly the largest asset your family owns (your home)2.    Set the time schedule for the successful liquidat...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 2
Recently, on CNBC’s Closing Bell, Shark Tank investor Kevin O’Leary, also known as “Mr. Wonderful,” said Millennials “don’t give a poo-poo about owning a house.” This thinking couldn’t be further from the truth. Let’s give a few examples to make this point. 1.) In the recent National Housing Mark...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
First American Title issues a quarterly report, the Real Estate Sentiment Index (RESI), which “measures title agent sentiment on a variety of key market metrics and industry issues”. Their 2015 4th Quarter Edition revealed some interesting information regarding possible challenges with appraisal ...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 1
Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally ...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 2
To keep you sharp and smart in 2016, be sure to remember these tips:1. Get The Blood FlowingIn a 2014 study at the University of British Columbia, women who walked briskly for an hour twice weekly for six months—but not those who strength-trained or did no exercise—increased brain volume in the ...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are three takeaways:§ 59% of Americans either don’t know (5...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 1
Whether you are buying or selling a home, it can be quite an adventurous journey. You need an experienced Real Estate Professional to lead you to your ultimate goal. In this world of instant gratification and internet searches, many sellers think that they can For Sale by Owner or FSBO. The 5 Rea...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 1
People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their third quarter median rent numbers. Here is a ...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 1
In 1907, famed psychologist William James claimed, “We are making use of only a small part of our possible mental and physical resources.” A journalist later misquoted him as saying the average person develops on 10% of his mental capacity. Scans, however, show that we use every part of our brai...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
In a recent post, Trulia examined whether homeownership was again being seen by adults in the US as a “part of their personal American Dream.” Over the last five years:§ The percentage of U.S. adults who believe homeownership is part of their American Dream increased from 70% to 75%§ The percenta...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed:“The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Rates...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 1
On the 11th hour of the 11th day of the 11th month of 1918, an armistice, or temporary cessation of hostilities, was declared between the Allied nations and Germany in the First World War, then known as “the Great War.” Commemorated as Armistice Day beginning the following year, November 11th bec...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
The Mortgage Bankers’ Association (MBA) recently released a report: ‘Housing Demand: Demographics And The Numbers Behind The Coming Multi-Million Increase In Households’. In this study, the MBA “utilized a comprehensive analysis of data from 1976 to 2014, a period encompassing several market and ...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 15
“Most people overestimate what they can do in one year and underestimate what they can do in ten years.” ― Bill Gates Taking control of your life is a choice. A lot of people don’t really stop to think about it, but it’s true. Believe it or not, you choose how you live your life. You might choose...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 2
How did Halloween begin? The holiday traces back to the ancient Celtic festival known as Samhain. The ancient Celts from Britain and Ireland observed the start of the new year on November 1, All Souls Day. The day marked the end of summer and the harvest. Folks came to believe that on October 31,...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
We are often asked why there is so much paperwork mandated by the bank for a mortgage loan application when buying a home today. It seems that the bank needs to know everything about us and requires three separate sources to validate each and every entry on the application form. Many buyers are b...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
In the latest Rent vs. Buy Report from Trulia, they explained that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage throughout the 100 largest metro areas in the United States. The updated numbers actually show that the range is from an average of 16% in H...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 2
As fall begins, a lot of us are starting to think about the holidays. Thanksgiving will be here soon, as will Christmas, and then New Years.  For a lot of people, these holidays equal one thing—stress. According to a recent survey, Christmas is actually rated 6th on the list of ‘most stressful li...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 0
There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a sec...

By Rummy Dhanoa, Rummy Dhanoa
(New York Real Estate Experts)
Comments 1
Some make success look easy but the truth is that when a person who has reached the brass ring is noticed it’s only after the most difficult steps have been traversed, and not when they are struggling, which all people who have worked hard have done. Luckily for those who want to follow in their ...

Yonkers, NY Real Estate Professionals