Amos Elroy's (aelroy) Blog

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Real Estate Agent - Exit on the Hudson Realty
RECENT BLOG POSTS
Comperative Analysis of Real Estate Market Conditions - Bayonne, Hoboken, Jersey City, Hudson County NJ - Apr. 2013   A question was asked on Trulia by Jeffrey Lee, about whether anyone knew when the Bayonne market will surge up as Hoboken and Jersey City have in recent months. I decided to tackl...
04/26/2013
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A recent ActiveRain blog post, I read, tackled the issue of whether one should endorse other professionals, or refer them.   The author stated, with disdain, that if you send your client 3 references as referral, say for a mortgage broker, or for a Inspection company, you are whishy washy, or wea...
02/06/2013
Case-Shiller Indexes in November showed sharp annual Gains. The Pending Home Sales Index (PHSI) on the other hand fell in December, the sharpest month-over-month drop since April, according to the National Association of Realtors. Then again according to the Lender Processing Services (LPS) Home ...
01/29/2013
If you have received a Notice of Default letter (NOD) and tossed it in the trash, I would like to suggest a more pro-active approach.   A few months ago I was contacted by a lady in Union City who asked me to help her with her loan default. After obtaining an authorization to discuss the loan wit...
08/14/2012
You may be one of million Americans in whose brains the word Foreclosure reverberates, sending shivers down their spines, as they contemplate the implication of a loss to themselves and their dear families.   Due to confusion and lack of clarity many homeowners choose to wait it out, do nothing, ...
08/07/2012
What is Foreclosure? To different people it means different things, and I realize there is a lot of confusion about this topic even among Realtors. I am not an attorney, nore a finance guru, but as a residential real estate consultant with foreclosure specific specialization, I will attempt to ma...
09/15/2011
Home Ownership Moves the Economy(HOME) Act of 2009. HR 2801 was introduced by Howard Coble (R-NC).The bill is currently put in front of a house committee for review. It would continue the current tax credit for first time home-buyers set to expire on December 1, 2009, with a couple of notable cha...
08/27/2009
There is still much confusion about the First-Time Homebuyer Tax Credit, so I decided to pitch in and help clarify the issue.   The name would suggest only people who nevere owned a home would be eligible. Well, not quite. From the IRS standpoint anyone who has not owned a principal residence pro...
08/11/2009
Recently I have encountered the argument that it would be unfair to include short-sales and bank sales in CMA's. There are Realtors out there that intentionally remove those properties from their analysis. Why is this wrong? Well, it is important to understand the true purpose of the CMA. The ana...
07/29/2009
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