Westchester Properties website has been coming along. New projects remodeling updates & promoting westchester’s services including 203k remodeling contractor servicing mass & RI!!!
Check out our website for new projects & let Westchester take on your new project

www.westreg.com

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May

13

Westchester Properties new & improved site

Posted by dansaffer under Uncategorized

Check out westreg.com for up to date information on our current projects! & services!!! It might be your next HOME! You can also check us out on Facebook WestReg

www.westreg.com

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Apr

23

Tis the Season!!!

Posted by dansaffer under Uncategorized

The Spring market is finally here!!! With the average single family home still under $200,000 ($184k) and interest rates at record lows. Buying is still much better then renting!!! A friend of mine just rented a house in Cranston for $1850 per month. 3 bed 1 1/2 bath. Nice place but for $1850!!! you could buy that house with 3.5% down FHA for $170k. Your monthly payment would be around $1300 per month. So Now your spending more then $500 per month and you don’t own it! Your pretty much giving the money away and telling your landlord “Let me pay your mortgage” I love generous people!!! YOU KNOW who you are!!! we all been there!!

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With record low rates and affordable housing why wouldn’t you buy? Thinking prices will go down lower? Job security?. What ever it maybe everyone needs a place to live. If you have good credit and a down payment (money in the bank) I encourge you to buy a house! I bought my first house before my 18th birthday and it was the greatest decision i ever made. It was the spring of 2000 prices were pretty much the same as they are today but the mortgage rates were higher. After purchasing my house the mortgage was less then my rent! Rent at my previous apartment was $750 and my mortgage was $700. So you might say well thats only $50 savings per month with all that risk and responsibility. Well it has some risk/ responsibility but with reward as well. When you pay rent all your getting is a place to live, when your paying a mortgage you are paying down your house and building equity. Now in other places in the world this may not work like im from New York City and purchasing a 2 bed condo would be alot more expensive then renting a 2 bedroom. With that said if you plan to stay in Rhode Island for sometime purchasing a house would be a better option then renting! The decision is yours Make it Happen! DS

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Apr

9

Westreg.com is back in action

Posted by dansaffer under Uncategorized

check out westreg.com its Westchester Properties website. Here you will find info about upcoming projects, whats for sale and our social media sites. Also hop on for your chance to win $100 Home Depot gift card

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So as we approach the end of August most people would say well here is and was the highlight of this years selling season.   Not sure if that is going to be the case.   This year was the most interesting year as an investor as well as a Realtor.   At Westchester Properties we had a very late start to the selling season, of course there is no more tax credit and lastly our economy has seen/is seeing tough financial times.   Granted in the end we will get through all the mess its a cycle!   The economy has its ups and downs.    But now as August comes to a close im seeing more buyers come out and shop  for housing.   I think people are starting to realize yes the market is challenging but deals are here and they won’t be forever.   And with rates as low as  4.3% its foolish not to step foot in the real estate market.   With that said i think we will see the market pick up alittle for the rest of 2011 and will just have to wait and see what 2012 awaits us. (maybe price increases, rate increases, prices fall….)

Until next time  

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So as we approach the end of August most people would say well here is and was the highlight of this years selling season.   Not sure if that is going to be the case.   This year was the most interesting year as an investor as well as a Realtor.   At Westchester Properties we had a very late start to the selling season, of course there is no more tax credit and lastly our economy has seen/is seeing tough financial times.   Granted in the end we will get through all the mess its a cycle!   The economy has its ups and downs.    But now as August comes to a close im seeing more buyers come out and shop  for housing.   I think people are starting to realize yes the market is challenging but deals are here and they won’t be forever.   And with rates as low as  4.3% its foolish not to step foot in the real estate market.   With that said i think we will see the market pick up alittle for the rest of 2011 and will just have to wait and see what 2012 awaits us. (maybe price increases, rate increases, prices fall….)

Until next time  

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Today i just launched Westchester’s facebook page.   Yes it was alittle over due but can’t cry over spilt milk!   So of course please fan us on facebook search Westchester Properties.   With that said Westchester is a full service real estate group.   Which means we help buyers and sellers achieve there goals, but with a twist!   Westchester Properties offers remodeling services.   So if you need work done to a house your buying or selling we can help!   We also sell houses that are turn key as well (fully remodeled, that need just your furniture!)   So check us out on facebook or www.westreg.com and of course you can always give me a call 401 954 4811.

until next time….

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With interest rates at record lows and housing at very affordable prices some say its time to buy why others say hold off housing is going to drop another 5-10%.   What to do???   On one hand you can pull the trigger and buy that house that may cost you the same or even lower then paying rent or continue to pay rent and wait until housing drops again (maybe).   My advise…Buy the house!!!!   Reasons why.   So lets say you are buying a house and your paying $150k @ 4.6% interest 30 year fixed, but you think in  10 months you can buy it for around $135k.   Yes you might save $15k but whats the interest going to be like 5%, 5.5%, 6%???   In the end you may pay more for the house just in interest!   Stop paying rent.   I have been a landlord of 10 years and i thank renters for there rent every month because they are paying down my mortgage.   I have one woman whos been with me for almost 6 years she has already paid me close to $50k in rent! and the only thing she has gotten out of this is a roof over her head.   No investment No long term benefit!   My last reason why you should buy Stability.   Everyone wants to feel like this is my home.   You can customize your home they way you want and not worry about  a landlord telling you no or saying i have to raise the rent or you need to move out.   Its your home your the boss! of course you need to pay the mortgage to maintain being “El Jefe” (the boss).   With that said go out and find your dream home, make that long term investment for yourself and your family and stop paying rent!

Until next time….

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Today will mark the first time i have used a blog.   With that said my name is Dan Saffer and i am a local real estate developer/broker in Providence, RI.   I am the managing partner and pricipal broker at Westchester Properties.   We specialize in residential property development.   So if you are that first time home buyer or agent that has first time buyers we have properties for you.   We offer closing cost assistance and excellent commission splits to agents.   So check us out on www.Realtor.com, www.statewidemls.com and www.westreg.com for our listings and other services we provide.

helping first time homebuyers purchase turn key homes

 until next time…..

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