Gay E. Rosen

Please pop by and view a great Victorian home at 19 Ferdinand Place, New Rochelle 1-3 p.m. today. February 26th, 2012.

Two & Half new Baths, office being legalized. NEW Kitchen w granite counters & NEW appliances, newly refinished floors and/or new floors, new windows, newer roof, new siding ,newly landscaped and trees all pruned! Welcome home to this 4 bdroom, Victorian home with wonderful enclosed porch with an additional 538 sq ft. Beautiful restored architectural detailing, beamed Living Room and and DIning Room with a fireplace, pocket doors, nice backyard, and the taxes with STAR are just $7622- LOW! Easy access to all transportation, and just 35 minutes from New York City.

Renting in my area was really popular the last 2 years. Simply put, potential buyers saw home prices decreasing, and sincerely felt that if they waited another year or two, any monies they would waste on renting would be offset by the incredible savings they would obtain by buying after that time period.

That was true in some cases, and I rented to many people last year who were in that category. However, that particular category of renter/buyer now realizes that with interest rates so low, if they have the down payment, it is in their best interests to purchase now. Even if they end up paying a few thousand dollars more on a home as opposed to waiting for that better bargain, they offset it by buying a house they perhaps would like far better and those mortgage payments would certainly offset any extra dollars they may pay now. So a goodly portion of would be renters are now looking to purchase.

I am now seeing people who have lost their homes, whose credit has been challenged in many areas, and who now are having difficulty finding a home to rent. Landlords understandably want someone who WILL PAY the rent, and not default.... but are they perhaps missing out on a potentially great tenant simply because they had a mistep along the way?

If I represent a person who has had a credit glitch, I tend to submit the bid, the information, but I also ask for the proposed tenant to meet with the landlord so he/she can be interviewed. If that isn't an option, then I also ask the proposed tenants to write a letter explaining their circumstances, and submit that along with the bid. Sometimes, when you hear the exact circumstances, it bridges the gap, and makes everything a little more humanized, and the landlord can understand better. I have done this in the past, and it helped enable clients to rent a home with bad credit, but who were working hard to make things right.

I can remember cooking dinner for them, and delivering it to their new home as they were entrenched with the unpacking.. a monumental task for anyone, having just lost their home...so many emotions. Something like this can happen to anyone... and none of us can forget that small detail. We all have pride, and sometimes bad things happen to good people ..... and so I always ask any agent to submit ther bid in its best possible light, and I will submit it to my landlord accordingly.

New Rochelle is GREAT!

Please join me at this delightfully large (965) square foot 2 bedroom first floor coop located at 1825 Palmer Avenue in Larchmont today from 1-3 p.m.

Quintessential Larchmont living! A stone's throw from the train station & village with fine dining, entertainment, and do not forget Turtle Park for the little ones! It features a modern kitchen and great new bath and is located on the first flr. of desirable Patricia Gardens. There is basement storage, a bicycle room, and park view. Just 35 minutes from NYC, yet basking in the Larchmont Village amenities. Beach access with availabilty. Sounds perfect - what are you waiting for? Deduct $100.64 for STAR rebate

Larchmont is GREAT!