Happy February!The new year has been a bitexasperating; lots of newlistings and sellers that stilldon’t get the market;

With the downturn in themarket, sellers are notlistening to the advice we areoffering and buyers aremaking offers that are waylower than what a propertyshould sell for.

I don’t have any problem inearning my keep, but this isthe first time in 26 years thatI’m really frustrated!

With all of the choices in list-ings and mortgage rates thatare so low, this is a great timeto buy!

There is so much negativity inthe press today, that it is hardto see the positive issues thatare going on in our business.

I’d like to see more of theglass “half full” instead of halfempty, so write to me and tellme about the good things thatare happening in your life!

understand 3) Count on theworst happening- this wayyou’ll be pre-pared and veryhappy when itdoesn’thappen!

If you know ofsomeonefacingforeclosure, orwho might be

This topic has been the hotissue of 2008.

It has been very sad to seehomeowners lose their home.Many have faced financialhard times simply becausethey never thought that theirmortgages would adjust .

My rule of thumb is this: 1)Always be informed 2) Don’tsign anything you don’t

late on their mortgage, havethem call us. We are

experienced atforeclosures andshort sales, so wecan help.

L O C A L S A L E S S T A T S B Y P O S T O F F I C E( V I S I T C E N T U R Y 2 1 N O R T H S T A R . C O M F O R M O R E I N F O )

NE W S F RO M O U R B RO K E RDO N NA B RU N O

K N O W O F S O M E O N E FA C I N G F O R E C L O S U R E ?

Active Mohegan LakeListings:Single Family: 36# Sold in Past 3 months: 7Average Sale Price: $394,693

Active Putnam Valley Listings:Single Family: 127# Sold in Past 3 months: 14Average Sale Price: $387,307

Active Mahopac Listings:Single Family:161# Sold in Past 3 months: 43Average Sale Price: $441,302Active Somers Listings:

Single Family: 41# Sold in Past 3 months: 5Average Sale Price: $532,800

Active Peekskill Listings:Single Family: 103# Sold In Past 3 months: 11Average Sale Price: $344,318Active Cortlandt Manor Listings:

Single Family: 122# Sold in Past 3 months: 27Average Sale Price: $549,048

Now, more thanever, your

CENTURY 21North Star Realtyagent is your path

home.

Volume 1, Issue 1

Caption describing picture orgraphic.

Homes For Sale In Westchester & Putnam Counties

Free standing building withparking. Great visibility!Currently used as arestaurant! For more info:Visitcentury21northstar.com/

2901734.ad

This one bedroom upper levelcondo in Vista on the Lakeoffers a very special view ofthe complex.

The living room offers lots ofnatural light and opens ontodecking from sliding glassdoors. To see more info, visit:

Century21northstar.com/2831523.ad

Welcome to Jacob’s Hill!

This special 1 br condo is onthe main floor in this luxuriouscomplex.

Superb recreation facilities,luxurious living, and lots ofcustom touches are yours asthe new owner. VisitCentury21northstar.com/2834649.ad for details

T H E S E & O T H E R S C A N B E S E E N A TC E N T U R Y 2 1 N O R T H S T A R . C O M

B U Y I N G A H O M E S O O N ?W O R K W I T H O N E O F O U R BU Y E R ’ S A G E N T S !

Now is a great timeto buy or sellreal estate

Count onCENTURY 21North Star Realtyfor guidance in thismixed market.

Mahopac- $840,000 Carmel- $189,900 Peekskill-$310,000

Rainbows and Hudson Riverviews can be yours when youare the proud owner of this 2bedroom townhouse indesirable Riverbend complex.

Incredible workout center,pool, and community facilitiesmake this a dream come true.

For more details, visitcentury21northstar.com/2834890.ad

This special studio at Villa atthe Woods is now SOLD!.

Villa At The Woods is afabulous place to live and it’svery charming!

Call us at (914) 737-2223 ifyou’re interested in what’savailable!

Want to live close toeverything? When you ownthis 1 br co-op in Stonegate,you can!

Within walking distance toshopping and transportation,Maintenance includes heatand hot water.

For more details, visitcentury21northstar.com/2835427.ad

Peekski l l- $400 ,000 Peekski l l -$169,900 Peekski l l- 1 18 ,000

Lovely level property surroundsthis 3 br dutch colonial.

Hendrick Hudson Schools, culde sac location, seconds to cityparks and shopping.

Needs TLC. View at:www.Century21NorthStar.com/2827837.ad

This is a lot of house for themoney!

This former boarding homehas separate wing that couldbe used for au pair.

Minutes to parkways.View at:Www.century21northstar.com/2835275

Going, going , gone!

Where can you get a singlefamily home with a nice yardin Westchester for this price?

View it atwww.century21northstar.com/2832856.ad

T H E S E & O T H E R S C A N B E S E E N A TC E N T U R Y 2 1 N O R T H S T A R . C O M

Five unit multi family in theLittle Italy section of the Bronx.

Apartments are totallyrenovated.

View atwww.century21northstar.com/2827701.ad

Spectacular property surroundsthis 2 level home.Great open kitchen, lower levelwith summer kitchen, and more.

Great home that has a separatewing for relatives and friends tostay over!View atwww.century21northstar.com/2836824.ad

This legal 4 family home is fullyrented and has a great positivecash flow.

It’s also on one of the largerproperties in Peekskill!

View atwww.century21northstar.com/

2836655.ad


Peekski l l - $215 ,000 Peekski l l - $279,000 Peekski l l - $267,500

Bronx- $1 ,300 ,000 Yorktown- $455 ,000 Peekski l l - $485,000

We’re Not Just Your Neighborhood Realtor….We List and SellAll Throughout New York


This 4 br 2.5 bth colonial sits indesirable Cortlandt Estates.

Spectacular yard that’s great forsummer barbecues or wintersnowball fights.View atWww. Century21northstar.com/2832267.ad

This Oak Pond beauty has justgone into contract! Homes thatare well priced are still movingquickly.

Visit our website atCentury21NorthStar.com and

sign yourself up to getautomatic listings that you’re

looking for!

This 5 br home is just waitingfor your creativity.

Nestled in a neighborhood ofhigher priced homes, thishome is almost 3000 sqft &sits on almost 2 acres.View atwww.century21northstar.com/2813450.ad

When the owner can’t paytheir mortgage, taxes, or otherliens and someone makes amonetary judgment againstthem for repayment.

Buyers cannot often get intothe house to view itscondition or worth. A titlereport should be ordered toinform buyers about any ofthe property’s debts.

It will take a long time for aforeclosed seller to buyanother home with financing

When a owner can’t pay theirmortgage and owes more thanwhat the house is worth, it’stime to sell.

Century 21 North Star Realty,has been instrumental innegotiating with the banks totake less, provided that theseller proves their inability topay back their debt. The bankagrees to take less, on a caseby case basis, and we list thehouse and get it sold.

The seller’s can buy againfaster than in a foreclosure

A P R I M E R O N F O R E C L O S U R E S … …W H A T ’S T H E D I F F E R E N C E ?

We Can Show & SellAnyProperty That’s Currentlyavailable on the Multiple

Listing Service!

CENTURY 21

North Star Realty

Sales Associates Are Trainedin Negotiating and

Marketing

Visit

Century21NorthStar.com

For All MLS properties

If no one buys the house at theforeclosure sale, the bankrebuys the house; the propertythen becomes an REO (RealEstate Owned) Property.

The debts are repaid by thebank, so buyers don’t inheritthe monetary judgements.

These are the best to buybecause they are often listedwith Realtors, so buyers cansee what they’re buying.

Call us for a list of current REOs

Cortlandt Manor$599,900

Mahopac - $759 ,000 Somers- $459 ,000

Greg Bologna is a resident ofChappaqua and services West-chester and Putnam Counties.

Check out his website at:http://gregfbologna.century21northstar.com/

Holmes Lindsay is a resident ofPeekskill and services West-chester and Putnam Counties.

Check out his website at:http://hlindsay.century21northstar.com

Krystyna Kopec is a residentof Mahopac.

Krystyna holds a BrokerAssociate’s license, as well asa Notary Public. She servicesWestchester, Putnam, andDutchess Counties.

C E N T U R Y 2 1 N O R T H S T A R R E A L T YS A L E S S T A F F

Vanessa Shyrer is a residentof Patterson and servicesWestchester, Putnam, andDutchess Counties. She hashad extensive training inmarketing properties.

Check out her website at:http://vshyrer.century21northstar.com/

Dana D’Ambrosio is aresident of Cortlandt Manor.

She services Westchester &Putnam Counties.

Dan Djonovic is a resident ofDutchess County.

Danny services Westchester,Putnam, and DutchessCounties

Lou Cefaloni is a resident of Mahopac.

He is a senior member of the Mahpac Italian American Club and is anactive participant in the community.

Lou services Westchester, Putnam, and Dutchess Counties

These are incredible times!Recently, the Federal Reserve cut interest ratesby .75%, bringing them down to .25%...thelowest Fed Funds Rate in history. Additionally,the Fed has been purchasing Mortgage Bondswhich has helped drive interest rates to thelowest levels seen in our lifetime.

While this is great news, we must remember thatthese windows of opportunity may exist for avery brief period of time. And the interest ratemarket has recently been incredibly volatile,with spikes of .25% within hours and .50%within days. As rates can change quickly, thebest advice for buyers is to lock early and get allof their paperwork in immediately to captureand protect the best rates ever. Also, I expectthat pipelines will start to bulge and pushmany lenders to their limit.

probably available, but areprobably available underspecial conditions.

Those conditions couldrequire credit score of 750 ormore or that the loan youneed is only 60% of the actualselling price.

There are consumers whomay actually qualify for thosemortgage programs, so it is

If you’re shopping for a home,you’re probably shopping for amortgage too. If so, have youopened the newspaper onlyto see an incredibly goodmortgage rate?

If you do, remember thatwhen something looks toogood to be true...it usually istoo good to be true.

The rates that you see are

not false advertising.

When shopping for a loan,know that your rate is primarilydecided on your own personalcredit scores and availability offunds..

Always ask your lender for aTruth In Lending Statement soyou can compare rates andclosing costs to see who’soffering the best rate and terms

NE W S F RO M O U R MO RT G AG E B RO K E RAN T H O N Y BRU N O

H O W T O S H O P F O R A M O R T G A G E

the rear-view mirror.

With rates at all-time lows, weknow this will generate morebuyers. Anyone wanting towait for better rates is taking ahuge risk. Many lenders areoffering rates near 5% onconforming 30-year fixedm o r t g a g e s , w i t hg o v e r n m e n t -s p o n s o r e dprograms not far behind. Also,think about your personalsituation right now. We mightbe able to help you save moneyon your own mortgage. Call metoday and we can explore what

options are available for you.

References to rates, amountsetc. are subject to change andborrower qualifications. This isn o t a n i n t e r e s t r a t eadvertisement nor an offer toextend credit.

Buyers need to be prepared witha l l i n c o m e a n d a s s e tdocumentation needed toprocess their applicationimmediately to avoid a delay inclosing.

Although it might seemobvious that buyers should actquickly, it is sometimeshuman nature to get greedy andtry to capture the very bottom ofthe market. There are manyproblems with that riskystrategy, the least of which isthat we don't know where thebottom is until it is already in

Volume 1, Issue 1

Contact Tony Bruno at(914) 772-4731or email him at

[email protected] formore information.

Member FDIC

Stop Your Hard Earned Energy Dollars From Going OutThe Window...Literally

Niles Floors makes a difference with Hunter DouglasWindow Fashions.

It’s simple scientific fact: heat moves toward cold andwindows don’t insulate against air penetration as wellas one might think. In colder months, up to 50% of ahome’s heat goes right out the window, as well as asignificant portion of our energy bills. In warmermonths, solar heat passing thorough windows cangreatly increase the temperature inside a home,causing air conditioners to work as much as two to

three times harder and energy costs to rise as well.

Niles Floors in Peekskill and Hunter Douglas are making it easier to conserve energy and moneywhile adding beauty to your home. From February 1 to April 30, 2009, Niles Floors and

state of the art marketinginvolved dizzying visual toursthat sometimes spun youaround, down,then out ofcontrol.

Although westill produceVisual Tours in house, thenewest hottest thing arevideos on YouTube.com

Technology changes often inthe Real Estate business!

It used to be that all youneeded was a cell phone.

Today, agents operate theirbusinesses via Blackberrys,laptop computers, and more.

It wasn’t so long ago that

Look to Century 21 North StarRealty in 2009 for propertyvideos and info on the market,

what a career inReal Estate is likeand more.

All of our videoswill be able to be

found by keying in “Century 21North Star” into the search bar,so stay tuned!!!!!!

NE W S F RO M A L O C A L BU S I NE S S

C E N T U R Y 2 1 N O R T H S TA R R E A L T Y I S NO WO N YO U T U B E . C O M

Viverito of Niles Floors ofPeekskill. Along with reducingheat loss at the windows,select Hunter Douglas stylesprovide significantd a y l i g h t i n g b e n e f i t s ,allowing you to use naturalsunlight to illuminate yourhome and reducing the needfor artificial lighting, whichsaves on electrical costs.“With the Hunter DouglasStop The Great EnergyGiveaway promotion, we hopeto educate consumers on theamount of energy that is lost

at the window and theenergy and cost savingsavailable to them by installingthe right Hunter Douglaswindow fashions. This is awonderful opportunity forlocal residents to help pavethe way towards greenerliving.”

For more information, NilesFloors is located in the BeachShopping Center. You canstop in for a visit or call (914)7 3 7 -2 2 2 3 f o r m o r eInformation on the program.

Hunter Douglas are offeringsignificant rebate savings on upto 10 products each on a wideselection of their most stylishand energy -efficient windowfashions as part of the HunterDouglas Stop The Great EnergyGiveaway promotion.

“Most people don’t know theamount of the energy that is lostat the window. In fact, almostfive percent of all energyconsumed in the U.S. passesthrough the windows ofresidential homes,” said Anthony

View Niles Floor’s Websiteat:

www.nilesfloor.hdwfg.com

Volume 1, Issue 1

Anthony Viverito Of Niles Floors & Windows

By Donna Bruno- Broker/Owner

It’s my impression that consumers know little aboutchoosing a Realtor and how they’re compensated.

Just like any other profession, all Realtors are notcreated equal! So ask your Real Estate professionalfor their resume!

Most Real Estate agent are only paid after theirclients close on a house. That means that they cango a long time with a paycheck. Also, contrary to whatyou may think, they don’t get paid 5% or more.Although commissions are negotiable, typicallyagents take home 1.25% of the sale price of a home.Out of that they have to pay taxes, marketingexpenses, gas, and their bills. And.. they’re oftenworking 6-7 days a week & take phone calls at night!

The trainingthat is offeredat Century 21North StarRealty hashistoricallytaught agentshow to beproductivequickly.

If you are already happy with

Most people dream of havingflexible work hours and theability to make unlimitedincome.

Yes, it’s true that the RealEstate market is down butthere are still Real Estateprofessionals who are earninga good living. You just needto know what to do!

your career, but could usesome extra money, perhapsbecoming a referral agentor rental agent could work.Call our broker,Donna Bruno, to discusssome career options. Youcan reach her at (914)

737-2223 or email her [email protected]

FAC T S AB O U T RE A L ES TAT EP RO F E S S I O N A L S …..

C O N S I D E R I N G A N E W C A R E E R ? H O W A B O U TB E C O M I N G A R E A L E S T A T E P R O F E S S I O N A L ?

Listing Agents

Typically list and marketproperties for sellers.

Remember that your listingagent’s ability to markethomes, negotiate the bestprice for you, and his/herability to navigate through thesale easily, is an agent’sunique value.

It may not be a good idea tohire the least expensive one.Good negotiators know how to

get you more money or helpyou to get a sale with the bestterms for your situation.

Ask for examples of theirwork. Ask each Real Estateprofessional for a demo ofhow they will market yourproperty.

Click here to see the video onchoosing your Real Estateprofessional!

Next issue:Choosing a Buyer’s Agent

Most buyers find their RealEstate professional bycontacting one on a propertythat they’re interested in.Most sellers find their RealEstate professionals either byprior solicitation or simply bycalling a local office.

Since very few properties areactually sold through ads,perhaps you could use somepointers about choosing youragent!

The choice may save you $$

Work With A

CENTURY 21

North Star Realty

Professional and you’llhave a friend in the

business for life!

Volume 1, Issue 1

Our New WEB TV Channel

U P C O M I N G B U Y E R S E M I N A R

( N O T Y O U R A V E R A G E B U Y E R SE M I N A R )

Where: John C. Hart Library in Shrub Oak, NY

When: March 9, 2009 at 6:00 pm-7:45pm

Why Should You Attend?You’ll Learn: Why Working With The Listing Agent On A Home May Not Be The Best Choice Why Working With The Right Agent May Save You Thousands Of Dollars How To Choose The Right Agent To Help You Find and Buy A Home

What You’ll Need To Know To Get Any Seller’s Attention When Making An Offer

Guest Speakers: Tony Bruno of Community Mutual Savings BankAnthony Tripodi, Esq- Real Estate AttorneyDonna Bruno- Broker/Owner of CENTURY 21 North Star Realty

To RSVP- Call Community Mutual Savings Bank at (866) 359-2133

Want to learn more about buying or selling a home? Would you like to talk to someonelive?

Visit www.Century21NorthStar.TV and look for upcoming live shows! There’s alwayslots of talk about when talking about Real Estate.

What would you like to know? Email us at [email protected] to ask for answersto questions that you might have or to submit topics that you’d like covered!

The Beach Shopping Ctr- 1831 Main StPeekskill, NY 10566Westchester Office: (914) 737-2223Email: [email protected]

CENTURY 21North Realty

D I S C O U N T C O U P O N S & OF F E R SHere’s a link to our business friends with current offers from their

companies

Let CENTURY 21 North Star RealtyGuide You Home!

CENTURY 21 North Star Realty can send you a10% off coupon from Lowe’s.

There’s no obligation! It’s free. And...you don’t have to be a seller or buyer to getit. It’s our gift to you! Email us at [email protected] to request it!

We’re on the web atcentury21northstar.com

We’re on yourBlackberry & IPhone at

century21northstar.mobi

CENTURY 21 North Star Realty Green Magazine

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