Buyer’s Resources

New rules for retirement plans starting in 2020

We are starting the new year with a new law congress recently passed that mainly affects retirement plans and distributions from retirement plans.  The law called the SECURE Act begins after December 31, 2019.  The major parts of the SECURE Act are outlined below. The RMD age is changing The… Read more »

Market Report for November

Tanya Chuck-Habib Broker / Owner Hudson Haven Realty LLC 75 South Riverside Ave., Suite A, Croton-on-Hudson, NY 10520 (833) HAVEN4U * (917) 747-7476 Tanya.Chuck-Habib@HudsonHavenRealty.com * www.HudsonHavenRealty.com  

Buyer’s Closing Costs

Everyone has heard of the ‘dreaded’ Closing Costs. Fear enters the process given the perceived – and too oftentimes – actual uncertainty as to what these Closing Costs might be. On top of this, the final amount is often disclosed to the buyer only a couple of weeks or even… Read more »

Property You Should Not Include In Your Will

There are many types of property that should not be included in your will, property that you may not realize is, or should be automatically earmarked for distribution upon your death. Jointly held property: A house or a bank account that is in joint names with another person will pass… Read more »

Is it time to REFINANCE?

Rates recently dropped and for some, this may be an opportunity to lower your rate and monthly mortgage payment saving tens of thousands of dollars over the life of your loan.  Generally, the more you owe and the longer your time horizon for keeping the mortgage, the smaller the spread… Read more »

Tips for Buying in a Tight Market

Buying in a tight market: Increase your chances of getting your dream house in a competitive housing market, and lower your chances of losing out to another buyer. 1. Get prequalified for a mortgage. You’ll be able to make a firm commitment to buy and your offer will be more desirable… Read more »

Take the Stress Out of Homebuying

Take the Stress Out of Homebuying: Moving to a new home can be stressful, to say the least. Make it easy on yourself by planning far in advance and making sure you’ve covered all the bases. 1. Plan ahead by organizing and budgeting. Develop a master “to do” list so you… Read more »

Common Closing Costs for Buyers

You’ll likely be responsible for a variety of fees and expenses (closing costs) that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company or other entity conducting the closing will tell you the… Read more »

Closing Documents You Should Keep

On closing day, expect to sign a lot of closing documents and walk away with a big stack of papers. Here’s a list of the most important documents you should file away for future reference. • HUD-1 settlement statement. Itemizes all the costs — commissions, loan fees, points, and hazard insurance… Read more »

What’s a Home Warranty?

A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and appliances in good working order… Read more »

Buyer’s ResourcesBuyer’s ResourcesBuyer’s Resources