New York

I'm Holding A Toy Drive For the John Thiessen Children's Foundation

11-20-09

Jackie Connelly-Fornuff

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Office: (631) 274-1937

Mobile: (631) 703-0201
Secondary: (631) 422-5511

Hi Everyone,

The toy drive will be held from Monday, November 23rd through December 23rd.

All toys must be new and unwrapped.

Gift cards are accepted for the older children.

Ages are from Newborn through 18 years old.

You may drop them off at my office: Coldwell Banker 136 W. Main Street, Babylon, NY 11702

I am there most mornings through the early afternoon.

You can also mail the gift cards.

I truly appreciate any and all help to make this toy drive a huge success!

Visit the website: John Thiessen Children's Foundation

John got the idea for this wonderful organization from a little girl. When John was a teenager, he was stricken with cancer. He would go every week for his treatments and there was this little girl there too. John noticed that no one was ever there with her, she was alone. He asked her about it and she said she would get dropped off and picked up later. I know, very, very sad! She one day gave John a teddy bear to give him comfort. He thought she needed more comfort than him. So, that is how he got the idea. Every holiday season they deliver toys to sick and needy children.

John and my husband have also been friends for many years.

The toys do not have to be expensive so whatever you can afford, I will greatly appreciate it and so will John!

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Drastic price reduction on my new 2 Family Listing in Eltingville, Staten Island, New York

11-20-09

Catherine Cataletto

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Office: (718) 966-4000 x209

Mobile: (917) 829-1402
Secondary: (732) 489-3044

Welcome to my new listing. It is a beautiful 2 family in Eltingville Priced to sell at $549,000

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Give a Gift of a House for the Holidays

11-20-09

Paul Warkow

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Office: (516) 935-0700

Mobile: (516) 270-8809

This holiday season, what better gift can a person receive than a house? Well, not an entire house, but enough money to be able to qualify for a home. Under FHA programs, a borrower can use funds from a relative not only to pay for house, but for closing costs as well. Even though FHA offers programs with as little as 3.5% down, a cash gift from family members can prove very useful, especially in states like New York where the closing costs can be very expensive.

One of the unique features of the FHA program is that it allows 100% of the borrower’s required funds to come in the form of a gift. There’s no limit to the amount of cash a borrower can receive in the form of a gift –but lenders do that require several guidelines are met. Here’s a breakdown of these guidelines, along with a few tips.

You’ll need a gift letter

The bank will need to obtain a gift letter detailing the donor’s name, the recipient’s name, their relationship, the amount of cash gifted, the property address, and the source of the funds. The letter must be signed by all parties stating that repayment is not required.

Non-family members must verify a longstanding relationship

Gift certificates to iTunes are one thing, but a down payment for a home is a completely different ballgame. If the gift is made by any non-family member such as friend, employer, etc., then the borrower will need to provide documentation of a very close and long lasting relationship. High School Debate Team photos probably won’t count.

The donor must be an independent source
The lender will need to verify that funds were not made available from any person involved with the sale of the property (including the seller, broker, real estate agent, loan officer, etc.).

Funds have to be “seasoned”

Keep in mind that gifts may need to be seasoned (i.e. funds will need to be held in the borrower’s account for several months). Consult with your mortgage advisor for details, because guidelines on this vary from lender to lender. Long story short: you can’t get a gift for a down payment on the morning you’re set to close.

Types of gifts

Check from donor. This must be documented with a copy of the check, deposit slip (for exact amount) and verification of funds from the donor.

Gift of Equity (sale of home from parent to child or vice versa) This must be documented at closing with gift letter that matches HUD-1 Settlement statement.

How do gifts affect taxes?
Gift recipients never have to pay tax on the gifts they receive. Gift donors can give up to $13K per calendar year to an unlimited number of recipients, without the need to file any sort of return. For instance, a parent with three children can give them each $13k, totaling $39k in one year and not have to file a return. However, it would be prudent to consult and accountant to verify this with regard to your own circumstances.

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Glen Cove NY:Cove Landing

11-20-09

Larry & Sheila Agranoff Realtors Nassau/Suffolk County Long Island NY

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Office: (631) 805-4400

Mobile: (631) 805-4400

cove 1624766 cove lpond Here is a private luxury community in Glen Cove NY called Cove Landing situated on Long Island's Famed Gold Coast and The North Shore.

Built in 1986 in Nassau County, Cove Landing is located by Landing Road and Red Spring Lane within the Glen Cove School District #5. This upscale North Shore residence consists of attached townhomes and is surrounded along Bluff Road, Windward, Water's Edge and Willada Lane. It offers its resident's a pool, 2 tennis courts, beach and mooring rights. According to public records for 2008, a townhouse sold at Cove Landing for $833,500.

LARRY AND SHEILA Realtors with Charles Rutenberg Realty can sell you a luxury townhome at Cove Landing when they become available, or any other community on the North Shore of Long Island. Please call LARRY & SHEILA at 631-805-4400. Are you Relocating to Long Island? We are Certified Relocation Specialists!

http://www.suffolkexperts.com

Email: sheila@suffolkexperts.com

We are not affiliated with this community, but are independent Licensed Realtors.

fair housing Realtor Fair Housing Image

All content, including text, & photographs, is the exclusive property of Suffolk Experts, and may not be used without the expressed written permission of Larry & Sheila. All information is believed to be accurate but is not guaranteed.

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Autograph of Joe Namath For My Son Super Bowl III Reunion Jets

11-20-09

Jackie Connelly-Fornuff

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Office: (631) 274-1937

Mobile: (631) 703-0201
Secondary: (631) 422-5511

Last year my husband won a contest that Subway and Mastercard were having. We won to go see the Jet's game and go down on the field during half time for the Superbowl Reunion III that included Joe Namath.

We were ushered to the tunnel and were with the families of the reunion team members. I struck up a conversation with a really nice woman named Denzi from Atlanta, Georgia. Her husband is Don Maynard. She was telling me that her hubby and Joe are great friends. They used to room together for years in the early days.

So, I told her my son collects autographs and she takes my son by the arm and brings him to Joe Namath. At first he was reluctant since he doesn't sign autographs anymore due to people selling them but he did because of her. I will never forget wha she did for my son.

We also met Mark Gastineau and his wife. She was so NICE as well! Here is a pic:

I found a Youtube video: Super Bowl III We were on the field at that point but not right in front of them yet. Here are some pics of that day that I took and I hope you enjoy them!