Westchester Real Estate by Debby Frank

https://www.realtor.com//things-home-insurance-does-not-c/

The Federal Reserve pledged to support the economic recovery by setting a higher bar to raise interest rates and by signaling it expected to hold rates near zero for at least three more years.

It's only a possibility right now ...

Relief from mortgage payments may be an option

Don't allow your pipes to explode this winter

What Every Seller Needs to Know About Closing Walk-throughs, closing costs, and other items to check off your list before the big finish! Closing time. The end of the road. The last hurrah and hurrahs are in order.... If you’re here, then you’ve found a buyer, negotiated home repairs, and are ready to move out -- and on. But before you can make this sale official (and get paid!), you still have a few items to cross off your list. Here, we’ve laid out everything you need to know to have a successful settlement. Closing Is the Final Step Closing, or settlement, is when both parties sign the final ownership and insurance paperwork, and the buyer becomes the legal owner of the home. Typically, closing day takes place about four to six weeks after you signed a purchase and sale agreement. During this window, the buyer’s purchasing funds are held in escrow until all contingencies, like the home inspection contingency and appraisal contingency, are met. Your agent will be able to answer questions and offer support through closing. Here’s what to expect from the process, start to finish. Before You Close, You’ll Have a Final Walk-Through Most sales contracts give the buyer one last chance to do a walk-through of the home within 24 hours of settlement. This is their chance to check that the property is in good condition, and to make sure the agreed-upon repairs were completed. In most cases, no problems arise at this stage of the transaction. (If something is amiss, your agent can walk you through it.) The final walk-through mostly gives buyers peace of mind knowing that you, the seller, have adhered to the conditions of the sales contract and home inspection-related repairs.