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Tuesday, March 28, 2017

Real Estate

Manufactured Homes Make Homeownership Affordable

If homeownership feels like it’s beyond your reach, don’t throw in the towel just yet on the American dream. In the face of an ever-widening housing affordability gap, there are options you may not have considered, say experts.

“Manufactured homes are commonly available at lower monthly payments than what it costs to rent, providing an affordable path to

Superior Design Is Key in Today’s Kitchens

(BPT) - Incorporating style and sophistication is becoming a standard in today’s modern homes. As the center of activity and entertaining, the kitchen is the room to truly “wow” guests with elevated design choices that don’t compromise the space’s necessary functionality. From countertops to fixtures, a modern kitchen is designed with the home chef in mind

Beat the Gap to Home Ownership

Underwriters have qualifying income guidelines that are unknown to the borrower. If you think common sense is important, it is, but not when it comes to the ways borrowers are qualified regarding their income. The one thing all lenders have in common is that they ideally like at least a two year work history, but you can still qualify if you have less than two years

What Is Fair Market Value? How Much a Home Is Really Worth

Whether you’re buying or selling a home, one question that’s always front and center is the price: How much is a home worth? That’s a tricky question to answer, but probably the best starting point is to know a home’s fair market value, or FMV.

A home’s fair market value is the price it would sell for in a perfectly logical world—one where both

Interested in Israel Real Estate? Meet Ilana Garber of Hold Real Estate

“The dream of owning a home in Israel can be accomplished in many different ways,” said Ilana Garber in a recent interview from Israel. “As I speak to families in the United States who are interested in owning property in Israel, I realize that there are many variations on this dream. My niche in Hold Real Estate is to help my clients locate apartments to invest

How Can Foreign Residents Buy or Sell Real Estate in Israel Without Paying Israeli Real Estate Taxes?

Many are unaware that various Ottoman and British laws are still binding under Israeli law. This unusual situation creates some challenges in the Israeli legal system but also occasionally allows for creative solutions to various issues.

In this article we will discuss how you may not be charged real estate taxes when purchasing an apartment across the «Green

Teaneck Home Will Be Featured on NBC Open House

A shift has occurred in the Teaneck housing market, with young, growing families looking for top of the line properties, according to Nechama Polak, owner of Vera and Nechama Realty. «People who wanted to live in a high-end, luxury home in prior years would buy a Manhattan duplex or country estate,” Polak said. “But we are seeing families who want to be part of a

Change For A Dollar

It seems like an innocent enough request. On any given day, one might need to get change of a dollar for a myriad of things, such as buying something in a vending machine, feeding a muni-meter for parking, or to use a public pay phone (wait, what’s that?!). Perhaps we too often take for granted that requesting change for a $1 would lead to getting four quarters, or

The Worth of a Zestimate vs. The Value of an Appraisal or Estimate

Determining a home’s value is a delicate and specialized skill that has yet to be mastered by man or machine. Much progress has been made over the past decade to advance home evaluations and assessment methods, but ultimately, when it comes to home values, the big three techniques are certified appraisals, comparative market analysis and online-valuations. In all

Be Aware of Your Assessments

As a professional realtor—and homeowner in Teaneck—my experience with reducing assessments has been consistently successful. Certainly when one can prove a home's assessment is higher than its value, the homeowner will be paying less in yearly property taxes since the amount of taxes is calculated by multiplying the assessed value by the town's respective

As The Summer Winds Down Things Are Starting To Heat Up

This past week highlighted an extremely busy news calendar as it relates to the economy and to the housing market. Included were several important housing reports, Durable Goods Orders, Gross Domestic Product updates, and finally, the week ended with the highly anticipated speech by Federal Reserve Janet Yells on Friday. Yellen’s

Selling an Apartment in Israel:  Seven Points You Should Consider Before You Sell

You have decided to sell your apartment. There are many reasons you might have chosen to do so. Maybe you want to downsize or move to a different neighborhood, or even another city. Whatever your reasons, consider the following seven points before you sell:

  1. Registration—Check that your apartment is registered in your name in the