Date Archives: June 2014

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June
27

Couple_Key (1280x850)With the summer real estate season upon us, many Americans are considering purchasing a home over the next few months. The total mortgage originations market is estimated to be around $1 trillion in 2014. With that in mind, the Independent Community Bankers of America® (ICBA) and the nation's more than 6,500 community banks are on hand to help homebuyers navigate the mortgage process.   "Buying a home is likely the biggest purchase anyone will make, and community bankers are an excellent resource to help guide consumers through the process," says John Buhrmaster, ICBA chairman and president and CEO of 1st National Bank of Scotia, N.Y. "With new mortgage rules and regulations in place, community bankers are available to help potential homebuyers by providing accurate and well-informed information. Community bankers across the country can help their neighbors in their local community find mortgages that fit their financial needs, budgets and lifestyles."   ICBA offers the following eight suggestions for perspective first-time homebuyers:   • Know your monthly income and budget, including how much you spend on rent, utilities, entertainment, clothing, food and transportation. • Discuss your finances with your community bank before you begin looking for a home. It is important to stay within your means when purchasing a house. • Gather and organize paperwork and documents. Items you should have readily available include paycheck stubs, W2 forms, tax returns and bank and investment statements for the last two years. • Check your credit report so you are aware of what your current credit score is before applying for a loan. Credit reporting agencies must give you one free report annually. • Maxing out credit cards or falling behind on other loan payments could create issues when applying for a mortgage. Keep tabs on your spending habits before applying for a mortgage, and don't go on a spending spree afterwards either. • Work with your community banker to figure out how much you can borrow and which mortgage product is right for you. Your local community banker can explain available mortgage options- including rate adjustments, fees and other loan features - so you are prepared for the loan closing and not surprised down the road. • Learn what current mortgage rates are. Your community banker can help you understand how that translates into monthly mortgage payments. • Check with your state, city and county government agencies for special first-time-homebuyer loan or grant programs available to assist with down payment and closing costs.   "Community bankers work with their customers and help give advice on finding mortgages borrowers can afford," Buhrmaster says. "There are plenty of steps to complete to ensure the home buying process goes smoothly and community bankers are on hand to help with this. They can help customers determine the most affordable mortgage options and are available to provide additional financial guidance if needed." For more information, visit www.banklocally.org. Published with permission from RISMedia.
June
23

Top 10 Ways to Save around the HouseRenters and homeowners across the country are taking savvy approaches to save money around their homes. In honor of National Home Improvement Month, Homes.com, leading online real estate destination, and sister site, ForRent.com, sought out the top 10 tips to save money around the home, using little time and effort and offering inexpensive solutions. From do-it-yourself projects to updating small appliances, everyone can take advantage of these easy tips on a dime.   1. Programmable Thermostats Utility bills can be daunting. In the summertime, the cold air needs to be on full blast and in the winter, everyone wants to feel warm and cozy. Programmable or "smart" thermostats are an efficient and inexpensive way to save hundreds of dollars on yearly electricity bills. An energy-saving smart thermostat, available for about $50-$100, can help decrease the cost of heating or cooling your home. It takes the guesswork out of trying to coordinate your home's temperature with the temperature outside, as well as provides the convenience to set different temperatures at different times, seven days a week. Some models even come equipped with Wi-Fi so you can control the temperature of your house even when you are not home.   2. Go Low-Flow in the Shower Wasted water during baths and showers is like washing money down the drain. Replacing old and outdated showerheads with new low-flow models is a great way to tackle the monthly utility bill and increase the efficiency of your hot water consumption. Plus it's a great solution for renters! New spray shower heads use no more than two and a half gallons per minute and provide excellent water pressure. This simple switch could reduce your annual water bill by upwards of $100, depending on frequency. An added bonus is that low-flow showerheads help the environment by conserving fresh water.   3. Make an Extra Payment An easy tip that can save thousands of dollars in the long run is to make an extra mortgage payment annually. Over the course of a 30-year loan, one additional mortgage payment per year can save a considerable amount of money on annual interest payments.   4. Unplug Your Appliances This may come as a surprise, but turning off electronics does not mean that you are eliminating their draw from the electric grid. Many electronic gadgets and appliances, especially computer monitors, consume power even when they're turned off, but still plugged into an outlet. This phenomenon is known as "phantom power" and can cost you hundreds of dollars annually. By unplugging your appliances, or using a smart power strip, you can save an estimated five to ten percent on your monthly electric bill.   5. Use House Plants to Purify Air With air pollution levels steadily increasing, trying to improve the quality of air inside the home has become a trend across the country. Some homeowners spend hundreds of dollars on air purifiers to reduce allergens in air. An alternative to this costly investment is placing houseplants around the home. Not only do they remove toxins from the air, but they also add a little extra color to a room and make it feel more warm and comfortable. Perfectly placed houseplants can help improve air quality and aesthetics throughout the entire house. Houseplants are a great addition for renters because they add so much, cost so little, and can be easily moved to the next location.   6. Dodge the Draft Even though homes have doors and windows to keep out the elements, as a house ages, the hot and cold air from outside often creeps in, creating drafts and gusts. Weatherproofing a home is an inexpensive and simple task that can save up to 15 percent on heating and cooling costs. For about $15, you can purchase some of the supplies you need to weatherproof doors and windows. There are a variety of weatherproofing products, including v strip, felt, and foam tape, so make sure to do some research ahead of time to see what your specific home will need. You can also get a home energy audit to discover ways to improve your home's interior quality.   7. Do It Yourself Redecorating a home or apartment is a great way to make a home feel new again. Professional decorators and painters often come with a very hefty price. With so many resources available around the web, jumping on the DIY bandwagon is easy, inexpensive, and fun. There are many DIY workshops located at local hardware stores like Home Depot and Lowe's. Projects around the house, such as painting, can save hundreds of dollars while transforming your space. Projects can also provide hours of fun and entertainment.     8. Install Ceiling Fans Cooling a home is traditionally the most expensive part of running a home during the hot summer months. An air conditioner uses 3,500 watts of energy, while a ceiling fan only uses 60 watts of energy. A new ceiling fan costs anywhere from $50 to $200 and, on average, costs seven dollars per month to run. Decreasing the use of an air conditioner and increasing the use of a ceiling fan can save money and keep a family just as comfortable. Ceiling fans can even be useful during the winter months by setting the fan to run in a clockwise direction. The reverse motion pushes warm air down from the ceiling, keeping everyone warm.     9. Shop Your Home Everyone loves to spruce up their space by buying bright new pillows and brand new artwork. Before you buy new accessories, take a walk around the house and see if there are small budget-friendly tweaks you can make. Rearranging furniture and lighting is a quick and free way to recreate an entire room. Move a desk in front of a window or position a sofa toward the fireplace instead of the television during the winter to change the feel of any space. Switching decorations between rooms is another free way to make two spaces feel new and different. Shopping your home before heading to the store can save you a lot of money!   10. Cut Back on Washing and Drying With the average family doing 300 loads of laundry per year, maximizing how laundry is done at home can save time and money. Consider washing most clothes (except towels and linens) in cold water to save on heating costs. Make sure to use the dryer efficiently by filling up the machine without overfilling it. The next time you're in the market for a new washer and dryer, do some research up front and see if a new washer and dryer will qualify your family for an additional tax credit. Energy-efficient appliances can save a family time and money.   Source: Homes.com, ForRent.com Published with permission from RISMedia.
June
18

Buying a home is a big commitment, and it's important to get the right information before making such a big decision. Like anything else, do your research beforehand. There are plenty of misconceptions when it comes to real estate and where you should spend your money but we are here to help.   Myth 1: You should get pre-qualified for a mortgage loan after closing on your house.   Fact 1: Early in the process, you'll want to get pre-qualified for a mortgage loan. It enables you to move swiftly when you find the right home, especially when there are other interested buyers. It also indicates to the seller that you are serious and can afford to buy the property. A pre-approval is a simple calculation done by a mortgage lender that tells you the amount you'll be able to finance through a loan and what your monthly payment will be. Another figure that lenders use to evaluate how much you can afford is the housing expense-to-income ratio. It is determined by calculating your projected monthly housing expense, which consists of the principal and interest payment, property tax payments and insurance premiums on your new home loan (also known as PITI). Use our Mortgage Calculator, Refinancing Calculator, and Amortization Calculator for insights.   Myth 2: You need at least a 20% down payment.   Fact 2: A common myth is that the more money you put down, the less you'll have to borrow and the easier it will be to get a loan. While this is ideal, there are other options as explained in The US News article, Alternatives to Putting 20 Percent Down on a Home. Each buyer is unique, and a mortgage professional can help you find out just what you can afford. Your income and debts will typically play the biggest roles in determining your price range. It's simple to make an estimate – just run the numbers for yourself using our Affordability Calculator.   Myth 3: Buying is always better than renting.   Fact 3: Some people argue that renting is throwing away money. However, there are instances where it would be better to rent. You have to consider the housing market, the price of repairs and maintenance, property taxes, school taxes, mortgage, and more. Compare your options with the Renting vs. Buying Calculator.   Agents affiliated with the CENTURY 21® system are ready to make a commitment to help you capitalize on current market opportunities and assist you in making an informed decision. A CENTURY 21®  Agent can help ensure you make the right choice for the long term, get a better understanding of different neighborhoods, schools, and market conditions, find a mortgage specialist, and more. Get started now!   - Source: https://blog.century21.com/2014/06/myth-vs-fact-home-buying/
June
18

Randolph A. Saa is the Sales Director for Century 21 American Homes- Fine Homes & Estates Division.  He commenced his real estate career nine years ago with the very same firm in Baldwin Harbor, NY & within three years had become partner & managing director of the firm's first start-up office within Queens, NY.  Accompanied by an extraordinary team of individuals, the office has flourished as a family setting, all the while maintaining a position within the top 21 Century 21 offices within the northeast region.  By surrounding himself with exceptional individuals throughout the industry, he has continued to grow in a number of arenas.  He presently sits on the Century 21 Brokers Council as Vice President of the Queens region and accompanied by the rest of the council members, oversees the advancements of over 4,500 agents. He has also been granted membership into the Century 21 Centurion Honor Society for exceeding company wide sales goals year after year for a minimum of five years.  He was been recently recognized by the National Association of Hispanic Real Estate Professionals (NAHREP) as one of the Top 250 Latino Real Estate Agents in the country!   Prior to embarking on a career in real estate, he had opened Diversified Lending Services which later merged with Nationwide Equities, a mortgage lender.  This introduction into the financial forum of real estate had been what had led him to try his hand at real estate sales.  As he commonly tells individuals whom are considering entering into the real estate market as sales individuals is that 'the worst thing that can happen is that you will gain a better understanding of the purchasing process for when you look to purchase your own home & that the best thing that can happen is that you can help a multitude of individuals to achieve their dreams'; it is truly one of the few win-win situations that one can be exposed to.   As with most businesses, there had been a window of optimum opportunities that the market had yielded and he had made the most of it.  Having been involved in the logistics business for over twelve years & having been privy to a global overview from some of the most advanced minds both within the La Poste Group & through strategic alliances with Federal Express, Deutsche Post, DHL & Airborne Express, he thought to take his knowledge & experience and venture into a career that has led him to his present position.

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For advice from Michael along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
17

mkMichael Kenduck launched his career when he was only 19 years old at a real estate law office.  Michael's passion for business development & finding untapped opportunity led him into the real estate broker space 3 years later where he purchased Cruse Real Estate and started his mission to conquer default real estate.   Michael took Cruse from 1 office and 16 properties to 3 offices and a peak of over 350 properties under their management.  He earned national recognition for industry leading default real estate services, is named by the National REO Brokers Association (NRBA) as NY's Master Broker, and established himself as the local expert on foreclosures and short sales.   At 29 years old, Michael proudly merged Cruse Real Estate with Century 21 American Homes creating a brand like no other that offers the best of both the traditional and default real estate worlds.  He is an equity partner of the C21 American Homes Syosset office and continues to oversee a team of the best default specialists handling properties throughout Long Island & Metro NY.   Michael suggests that new agents should, "Recalibrate as often as possible; do more of what works and less of what doesn't." He loves that there is no limit in Real Estate and that one opportunity is never in exchange of the next one.

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For advice from Michael along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
16

NANCYNancy Kalberer grew up in Wantagh, graduating from Wantagh High School and continuing her education, received a BA in economics from Hartwick College in Oneonta, and an MBA in marketing from Adelphi University.  Nancy then worked for a local utility company in Brooklyn, as a Senior Marketing Analyst for 11 years.   Nancy got married and had three children. She needed a job where she could have flexible hours and be close to home.  In 1989, Nancy earned her Real Estate License.  With in the first few years of her Real Estate career, she took the additional required courses and is now a Licensed Real Estate Broker Assoc.  Nancy has been working for Century 21 American Homes for 10 years.  She has been an award winner in the Century 21 International Master Program achieving the diamond level of productivity. Nancy has been awarded membership into the Century 21 American Homes Achievers Club and Top 21 Agents. Her name can be found on the list of top 100 Century 21 Agents in the New York Metropolitan, Hudson Valley Division.   Nancy is very project orientated, she likes learning about the needs and desires of her customers and helps them with their Real Estate needs. She has a caring and professional manner. Whether buying or selling, people feel comfortable working with her. Nancy knows what has to be done; she does it, and does it well.   Nancy can be heard telling new agents, "There are no secrets to a successful career in real estate.  If you put in the time and energy, you will do well."  

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For advice from Nancy along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
14

Joe Ricco is an Associate Broker in our Westbury Office. He resides in Westbury with his lovely family and is active in his community. He is a proud supporter of Easter Seals and always ready to lend a helping hand at any of our company's charity fundraisers.   Before he became a Real Estate Agent, 23 years ago, he trained and raced horses.  His personality and dedication to his work quickly made him a star in the Real Estate Arena. This dedication gives him a definite advantage when it comes to helping his clients, with all their Real Estate needs. You'll find that his work ethic ... on weekends, at night, or anytime at all ... will get the job done quickly and at the best price possible. Joe became a member of the Century 21 American Homes family, 18 years ago. For many years, Joe has been generous with his time, teaching classes to new agents and has always been a, "go to guy" for all agents, for great advice for growing their Real Estate businesses.   Joe Ricco is consistently in the TOP 21 of all Century 21 Agents in the Metropolitan area. He is a Quality Assurance and a Master Diamond Award winner. He has been an Elite Centurion award winning agent, year after year and is a member of the prestigious Century21 Hall of Fame.

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For advice from Joe along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
12

agent-customer7(MCT)-QUESTION: My wife and I are looking to purchase a $450,000 home, and I am wondering whether I should apply for the mortgage as an individual, or jointly with my wife. I make $84,000 a year and have a credit score of about 800. She makes $48,000 and has a credit score of about 680.   I have about $25,000 of financial assets in my name and no debts; she has $32,000 and no debts. Figure we will be here for 7 years.   ANSWER: Congratulations on considering this question before you start house-shopping. The extra time could come in handy, as I'll explain shortly.   When you apply for a mortgage jointly, your incomes are combined, and so are any financial assets that are carried in your individual names. Combining income and assets strengthens your application, making it more likely that you will qualify for the mortgage you want.   On the other hand, a joint application also requires that you combine the debt obligations of each party that are carried in separate names. That is not an issue for you, but it could weaken other applications. The other downside of the joint application is that the lower of the two credit scores is used in pricing the loan. You do have that problem.   In deciding whether to apply singly or jointly, you need to consider the implications of the decision separately for qualification and pricing. Qualification is a yes/no affair; you either qualify for a particular loan type or you don't. If you can only qualify by applying jointly, then that is what you do, and there is nothing more to consider. If you can qualify singly, you might still want to apply jointly if doing so results in a lower cost, a possibility considered below.   In determining whether you qualify, I used the qualification calculator on my website. The calculator shows the mortgages for which a user qualifies, the mortgages for which they don't qualify, and exactly what they need to do to shift a mortgage from the second category to the first.   In qualifying you singly, I assumed that you put 5 percent down, which uses up most of your cash. With 5 percent down and a credit score of 800, you qualify for a 30-year fixed-rate loan and a 5/1 adjustable. You do not qualify for a 15-year fixed rate loan, however, because the larger payment on the 15 brings your debt-to-income ratio to 49.9 percent, which is above the maximum of 43 percent.   If you apply jointly, the larger joint income allows you to qualify for all three mortgages, including the 15-year. This is only relevant if you want the 15, which saves on interest cost but carries a substantially higher payment.   If you can qualify either way, your selection of single versus joint application can be based on the one that results in the lower cost. I measure your costs over the 7 years you expect to be in the house. They consist of upfront fees and charges, monthly payments including mortgage insurance, and interest loss on both upfront and monthly charges, less tax savings and balance reduction. On May 30, the total cost to you of a 30-year fixed-rate mortgage on a joint application was $100,499 compared to $112,634 on a single application. The cost difference on a 15-year was about the same.   A joint application will save you money because your wife has enough assets in her own name to double the size of the down payment, from 5 percent to 10 percent. The cost reduction resulting from the larger down payment swamps the cost increase stemming from using her lower credit score.   If you use a loan officer or mortgage broker to guide you through the process, his or her focus will be on qualification rather than pricing. If you can't qualify, there can be no deal, and no deal means no commission. If you can only qualify in one way, whether it is single or joint, that is the way your adviser will guide you. And that's OK, because on that issue your interests and those of your adviser are aligned. But if you can qualify either way, then you want to use the option that will cost the least, and in making that decision you may not receive any help.   Yet the issue is very simple. A joint application means a lower credit score, which raises the price. So you do it only if the spouse with the lower credit score has enough financial assets to lower the mortgage cost by increasing the down payment. Note that the increase in down payment must go past a pricing notch point: 5 percent, 10 percent, 15 percent or 20 percent. An increase from 5 percent to 9 percent will not help, but raising it from 9 percent to 10 percent will.   Of course, it would help even more if your spouse transferred her assets to you, so that you could apply singly with both a larger down payment and a higher credit score. I don't recommend making an asset transfer on a temporary basis for the sole purpose of increasing the down payment, and the underwriter won't allow it in any case. If you want to go this route without a challenge, the asset transfers should occur no less than 90 days prior to the date of the loan application. Because you started thinking about this early, you have the 90 days that are needed. Published with permission from RISMedia.
June
12

John Gandolfo, a Licensed Associate Broker & Team Leader Of The Gandolfo Team, majored in sales & marketing in college. Before beginning his career in Real Estate, John first worked in construction, and afterwards, spent  25 years in a sales & marketing career. With his background real estate was an easy choice. His knowledge of structure,  architecture and marketing prepared him well to start his real estate career. Often times an agents past work experience can benefit greatly when transitioning to a career in real estate of which John is a perfect example.   John has been a Nassau County resident for over 28 years and is very active in the community. He gives back to the community by contributing to several local charities including The Knights of Columbus & Easter Seals.   John has been a top Real Estate producer for 12 years and upon joining Century 21 American Homes 3 years ago, became the #1 Producer in their Oceanside office. He has sold over 1,000 homes and has received numerous industry awards such as The Quality Service Award, President's Award, Masters Producer, Centurion Award, Double Centurion Award and Centurion Honor Society. John contributes his success to his strong background, hard work, reliability, honesty & dedication to his clients, persistence, and passion for Real Estate.   John also has experience training new Real Estate Agents and was a former team leader with mentor responsibilities. He leads by example and assisted his agents with troubleshooting the everyday tasks a Realtor faces. John's advice for any new agent is, "Work hard;  you get out what you put in!" If you're willing to dedicate yourself to being successful you can make as much money as you want with enough effort and dedication. Like any successful career you need to love what you do, for John he gets the greatest satisfaction helping people. According to John, "Being able to help ease the process of helping a client to buy or sell is extremely rewarding." Real Estate is a great way to make a good living while also helping others.   He is very serious about his Tag Line, "Everything I Touch Turns To Sold." When You Think Real Estate Think John Gandolfo!

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For advice from John along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
11

Anna Aprea, a Licensed Associate Broker in Century 21 American Homes' Oceanside office, attended Nassau Community College. While deciding her future, Anna began her real estate career in 1997. It was her first venture in the business arena where she has remained a full time Real Estate Professional for 17 years.  She joined the Century 21 American Homes Family 3 years ago and continues to be an outstanding success story.   Anna is very active in her community as a member of the Ladies Auxiliary and she is active in several local charities.  She is experienced in the entire Long Island real estate market including the Queens and Brooklyn areas (she started her career in Ozone Park). She is well versed in all aspects of residential real estate including single & multifamily homes, co-ops, condos, rentals and has handled numerous Commercial transactions as well. Anna is a Certified Relocation Specialist and is also fluent in Italian. Her mantra is to be reliable, hard working and dedicated to getting results done. She has been a mentor and trainer to past and current agents who have achieved top results in their career.   During her career, Anna has received the Elite "Centurion Award" and coveted Masters Award at all levels of the Century 21 System including Ruby, Emerald and Diamond and is  a Quality Service Award winner. Anna has  been consistently included on the Top 100 Award Winning Century 21 Agent in the entire New York Metro Area!.  

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For advice from Anna along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
10

Lorraine Weber, a graduate of Long Island University; has an Bachelor's Degree in Elementary Education and a Masters Degree in Special Education. She worked in the Island Park School District for many years  before leaving to raise a family. With the kids off to school and a mind for business Lorraine took to the real estate industry. She has been a Real Estate Professional for nearly a decade. Additionally, she is a Certified  Personal Trainer and enjoys staying active and making fitness a part of her life.   Lorraine joined Century 21 American Homes 1 ½ years ago and has quickly reached the List of Top 100 Century 21 Agents in the New York Metro area. She continually achieves successful results by going the extra mile and exceeding her customer's and client's expectations.   As an Oceanside Resident for 23 year, she is an expert in her local market. Lorraine takes a personal approach to selling homes and treats her clients like family.  Lorraine stays on top of the market trends. She is knowledgeable about flood insurance, elevation certificates, inspections  and more and provides her clients with the resources necessary for a transaction in these changing times. . Lorraine is passionate about providing outstanding customer service and putting her clients first. Whether working with a seller or a buyer, she feels it is important to identify their needs, communicate effectively and always be accessible. She prides herself in not just selling homes, but, building relationships. She is there for every step of the transaction for her clients and long after the closing.

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For advice from Lorraine along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register
June
9

Before beginning her Real Estate Career Kelly Cafiso was a stay at home mom. Being a mother of three boys, Kelly wanted to work while still being near her children. She was looking for a career flexible enough to meet the demands of her schedule and Real Estate allowed her to do just that.   In only 6 short years Kelly Cafiso has risen to one of the company's top agents. According to Kelly, "To be successful in Real Estate you need to work hard, be determined, keep in touch with customers and build relationships." She is living proof that a stay at home mother can make a great career in Real Estate and still have time for her children.   Kelly says, "One of the most satisfying aspects of Real Estate is helping people to start a family in their first home. " Real Estate is a great way to help people and earn a substantial living!" Kelly is among the top 21 agents of Century 21 American Homes. She has been awarded Centurion Producer, Masters Emerald, Masters Ruby & Quality Service awards from Century 21 LLC.  

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For advice from Kelly along with several of Long Island's premier real estate experts attend a Real Estate Career Mixer. It's a great opportunity to see how others have become successful Realtors and why it is the career for them and potentially you! register  
June
6

The Real Estate Career Mixer is just under two weeks away! If you're thinking about a career change come to our mixer on June 18th, and ask Marianne Widmann, one of our Local Expert Agents in attendance.   Marianne Widmann is a resident of East Meadow, and holds her Associate Broker License in our East Meadow Office.  Marianne attended Nassau Community College and SUNY Geneseo .Before Real Estate, Marianne worked in the banking industry and also as a Lab Tech. Twenty-one years ago she earned her New York State Real Estate License and has succeeded every year since as a top producing agent. An experienced Real Estate professional, she prides herself in managing the details, and making every purchase or sale run as smooth as possible. Every homeowner and buyer can relax knowing she will take care of their Real Estate needs with quality service and her trademark smile. She is truly Real Estate with a Smile. She has won the coveted Century21 Centurion Award multiple times and is a Quality Service Award winner .Year after year; she has been on the Top 100 List of Century21 Realtors in the New York Metro area. She has been a proud member of the Century21 American Homes Family for 14 years!

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To speak to Marianne along with several other of Long Island's Real Estate Experts about what it takes to start a successful career in the real estate field come to the Real Estate Mixer! register
June
5

How to Win a Competitive Bid for Your Next HouseWith housing prices continuing to increase due to a low housing inventory, the market is proving to be competitive as buyers attempt to secure their dream home. According to Don Frommeyer, CRMS, President of NAMB (The National Association of Mortgage Professionals), there are several techniques potential buyers can utilize to make sure their offer sticks in the midst of a bidding war.   "Many people think the real estate market is easy for buyers, but in reality, it's still quite vigorous and with fewer houses on the market, buyers must set themselves apart with competitive bids," says Frommeyer.   Below are the techniques Frommeyer suggests considering to maintain a competitive bid:   - Escalation Clauses: An escalation clause offers $1,000 above the highest bid and automatically kicks in when other offers are present. Buyers can set a cap on their escalation clause to ensure their bid doesn't unknowingly go above what they're comfortable with. This technique allows the seller to know the bid is serious, while also offering buyer protection by safeguarding a realistic offer from the potential buyer instead of a random counteroffer.   - Cash Offers: CoreLogic reported that all-cash offers have grown to almost 40 percent nationwide. Having a cash offer with proof of the funds is extremely valuable in a competitive housing market as it typically involves fewer obstacles making it more likely to close. However, all-cash offers do not mean no financing is required-buyers may be using alternate forms of financing that count as cash by leveraging assets.   - Quick Closing: Have all financials in place before placing an offer. A pre-approved loan and regular contact with a lender can show the buyer how serious the bidder is.   Source: www.namb.org Published with permission from RISMedia.
June
5

The Real Estate Career Mixer is just under two weeks away! On June 18th, one of our Local Expert Agents, Michele Muldoon will be in attendance. Michele Muldoon is an agent in our Wantagh Office. She graduated from Long Island University with a Bachelor's degree in Public Administration. Her work experience after graduation included Morgan Stanley where she worked in Commodities. She later worked extensively in credit and collections on Long Island. Thirteen years ago, she entered the Real Estate Industry, found her niche, and never looked back. She loves helping homeowners and buyers with all of their Real Estate needs. Her customer service and finance background compliments her extensive Real Estate experience. The key to  Michele's success is that she has a professional and an attention to detail approach. She was included on the 2013 Top 100 Agent List of all the Century 21 Franchises in the New York Metro area. She has won The Elite Century 21 Master Emerald Award as well as being a Quality Service Award Winner.

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To speak to Michelle along with several other of Long Island's Real Estate Experts about what it takes to start a successful career in the real estate field come to the Real Estate Mixer! register
June
4

real estate mixer-02 register If you believe you deserve to have the career of your dreams, come visit us at our Century 21 American Homes Mixer!. This will be a unique experience, not only will you be able to speak to the owners of the company but with our Top Agents!

Top Agents Attending

 

Benefits of Attending

  • Free Opportunity to Speak with Real Estate Experts About a Career Change
  • Expert Advice on Getting your Real Estate Career Started
  • Get Insider Tips
  • Save Hours of Research
  • Avoid Costly Mistakes
  • Inquire about our unparalleled agent training

When & Where

Meet us at The Vine Wine Bar in the Merrick on June 18th at 5pm. See you there! The Vine Wine Bar 2259 Merrick Rd Merrick, NY 11566 Wednesday, June 18, 2014 from 5:00 PM to 7:00 PM

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To attend please follow this link and register! register If there are any question feel free to Contact Us!

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