Damika Alessio

On April 5th 2010, the Upfront Mortgage insurance premium on FHA loans will increase to 2.25%. Obviously, this will incur more costs for buyers.

Effective for FHA loans for which the case number is assigned on or after April 5,2010. FHA will collect an upfront Mortagage insurance premium (UFMIP) of 2.25 percent. This policy change will increase premiums for purchase money and refinance transactions. This includes the FHA to SHA Streamline refinance.

The current UFMIP is set at 1.75% of the loans amount and is typically included in the loan amount or must be paid in full at closing. As of right now, monthly insurance premiums will refinance as is 1.55%, or lower. The reason for the UFMIP increase is to help FHA reach its reserve requirement set by congress with the increasing default rate, steps are needed to make sure the program can stay healthy with tax payer help.

The increase in the UFMIP is minimal compared the possibility of a monthly Mortgage insurance premium increase the UFMIP is rolled into the loan and does not heavily impact mortgage payments the way an insurance in monthly insurance premiums can.

If you are thinking of buying real estate with FHA financing start before April 5, 2010. The first time or repeat home buyer tax credit is ending soon. With all the changes in loan products, rates, tax, incentives, ask now before it's too late.

I hope this information was informative and helpful. I am here to help you with all of your real estate needs. If you have any questions, please feel free to contact me. Thank You.

CONTACT INFORMATION
Damika Alessio
Licensed Real Estate Salesperson
Appleseed Homes
4651 Hylan Blvd, S.I. N.Y. 10312
(718) 966-4000 ext. 325

March 3, 2010

HOME SALES IN HUGUENOT STATEN ISLAND NEW YORK

Filed under: Uncategorized - damikaalessio @ 8:20 pm Edit This

MarketPenetrationComparison

< Market Penetration Comparisons Report Category - Residential
Statistics filtered by Company ID: 01701 from 2/1/2010 - 2/28/2010 Category:1
Company Code:01701
Counties:NY085

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Total Total Price Avg Price Median Price % Unit Share % Price Share New Actives 26 $12,144,300 $467,088 $454,000 5.49% 5.47% Office Exclusive 0 $0 $0 $0 0.00% 0.00% Under Contract 15 $7,201,300 $480,086 $469,900 7.42% 8.72% Sold 11 $5,139,183 $467,198 $449,000 6.70% 7.77% Withdrawn 2 $685,000 $342,500 $342,500 33.33% 19.94% Expired 11 $6,453,000 $586,636 $429,000 6.17% 7.74%

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Total 65 $31,622,783 N/A N/A N/A N/A -Information on this report is not guaranteed. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified.-
Copyright: 2010
by the Staten Island Area MLS.
Prepared
by Alessio, Damika of Appleseed Homes Inc. on Wednesday, March 03, 2010 1:56 PM.

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Total Total Price Avg Price Median Price % Unit Share % Price Share
New Actives 26 $12,144,300 $467,088 $454,000 5.49% 5.47%
Office Exclusive 0 $0 $0 $0 0.00% 0.00%
Under Contract 15 $7,201,300 $480,086 $469,900 7.42% 8.72%
Sold 11 $5,139,183 $467,198 $449,000 6.70% 7.77%
Withdrawn 2 $685,000 $342,500 $342,500 33.33% 19.94%
Expired 11 $6,453,000 $586,636 $429,000 6.17% 7.74%

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Total 65 $31,622,783 N/A N/A N/A N/A

-Information on this report is not guaranteed. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified.-
Copyright: 2010 by the Staten Island Area MLS.
Prepared by Alessio, Damika of Appleseed Homes Inc. on Wednesday, March 03, 2010 1:56 PM.

Statistics for homes sold during the month of February. 2/1/2010-2/28/2010.

The total number for New Actives was 26. The total Price was $12,144,300. The Avg Price was $467,088. The Median Price was,$454,000. % Unit Share. 5.49% % Price share. 5.47%

Office Exclusive-Total number was 0. Total Price $0. Avg Price.$0. Median Price. $0. % Unit Share. 0.00% %Price Share.0.00%

Under contract-Total number was 15. Total Price.$7,201,300. Avg Price $480,086. Median Price.$469,900.
% Unit Share. 7.42%. % Price Share. 8.72%

Sold- Total number was 11. Total Price-$5,139,183. Avg Price.$467,198. Median Price-$449,000. % Unit Share-6.70% % Price Share-7.77%

Withdrawn- Total number was 2. Total Price-$685,000. Avg Price-$342,500. Median Price-$342,500. % Unit Share-33.33%. % Price Share-19.94%

Expired-Total number was 11. Total Price-$6,453,000. Avg Price-$586,636. Median Price-$429,000. % Unit Share-6.17% % Price Share-7.74%

I hope this information was informative and helpful. I am here to help you with all of your real estate needs. If you have any questions, please feel free to contact me. Thank You.

CONTACT INFORMATION
Damika Alessio
Licensed Real Estate Salesperson
Appleseed Homes
4651 Hylan Blvd, S.I. N.Y. 10312
(718) 966-4000 ext. 325

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1. CURB APPEAL- They say you can only make one "First impression" and people usually form their first impression within 30 seconds. The front of your house is a good place to spend a little extra time and money. plant flowers, trim bushes, weed, pick up leaves, repaint your front door, replace tarnished house numbers or dented mailbox, get a brand- new neutral doormat, park your old car somewhere else.

2. CLEAN- Your home must sparkle! Spring clean your house from top to bottom before putting on the market. Having a weekly cleaning service while selling is probably a pretty good investment. Make sure your windows are clean inside and out too.

3. FIX- Got a dripping tap or cracked title? These will send the wrong message to potential buyers. Getting all problems fixed before you put your house on the market is a smart idea.

4. ELIMINATE CLUTTER- This may be the hardest rule of all! We love our clutter- it reflects our memories, hobbies, and values. But it doesn't sell homes. Clutter makes homes seem smaller and disorganized.( Have you ever noticed that the really expensive stores seem to have expansive clutter-free layout, while "Cheap" stores are often a jumble of merchandise?) Even the ancient practice of Fang Shui has, a central focus, the elimination of clutter.

5. NEUTRALIZE- Neutral colors sell. It's a fact. Try to convey an image of quality and neutrality. Potential buyers walking through your home want to image themselves as the owners. If you use styles or colors they would never select, you've just turned them off. Stay high- quality, but neutral is safest.

6. DE-PERSONALIZE- Remove objects that your potential buyers won't be able to identify with. For example. Political and religious items may turn off whole groups of buyers because they cannot "imagine" your home as their home. Buying a home is an emotional decision and you want potential buyers to make an emotional connection with your home by being able to "Sell" themselves in it.

7. PETS- Always keep your pets under control. Try confining them to a specific area. Although you may love your pets, they can be-off-putting to other people, and smells can be offensive, so make sure there are no lingering odors in furniture or flooring, and if there is, get them cleaned before you sell.

8. DEFINE EACH AREA- Buyers need to know what each room is for, so that they can decide where they will place their own items. Sell the lifestyle and you'll sell your house.

9. LIGHTING- Make sure you have adequate lighting in every room, use subtle mood lighting to create the right atmosphere in each room and check all your bulbs work.

10. ACCESSORIES- By using the right accessories, you can enhance your rooms and create a feeling of unity by using harmonious colors. Use mirrors to reflect light and space, and use plants and fresh flowers to bring life to rooms and add a natural fragrance.

CONTACT INFORMATION

Damika Alessio

Licensed Real Estate Salesperson

Appleseed Homes

4651 Hylan Blvd, S.I. N.Y. 10312

(718) 966-4000 ext. 325

1. Figure out how much you can afford

2. Know your rights

3. Shop for a loan

4. Learn about home buying programs

5. Shop for a home

6. Make an offer

7, Get a home inspection

8. Shop for home owner's insurance

9. Sign papers

CONTACT INFORMATION

Damika Alessio

Licensed Real Estate Salesperson

Appleseed Homes

4651 Hylan Blvd, SI. N.Y. 10312

(718) 966-4000 ext. 325

As one of our homeowners your home will be viewed by thousands of potential customers. This HD virtual tour of your home will invite your buyer into your home through this quality virtual tour. Your virtual tour will be viewed on over 25 different websites to give potential customer the ability to share this tour with their friends and family. Your home will be viewed first before a home on the market without a virtual tour.

CONTACT INFORMATION

Damika Alessio

Licensed Real Estate Salesperson

Appleseed Homes

4651 Hylan Blvd, S.I. N.Y. 10312

(718) 966-4000 ext.325