MORE MORTGAGE NEWS WITH MELISSA COHN!

MORTGAGE UPDATE WITH MC HOME LOANS MELISSA COHN… PLUS, COULD YOU USE SOME EXTRA DOUGH FOR YOUR HOLIDAY COOKIES? -UPDATED!

While we all know there are a multitude of factors currently affecting the housing market, one of the most closely watched and discussed factors right now is of course interest rates.    What’s going on and are they any changes coming in the foreseeable future?   Luckily I got the inside scoop from one of the most recognized and respected experts in the mortgage industry.  Melissa Cohn is the founder and President of MC Home Loans and recently I had the chance to sit down with her to discuss what we can expect to see in the near future.

It may be 60 degrees outside but the calendar says NOVEMBER… so that has me asking the question to all of you.
Ho .. ho..Ho? Available at Tipsyelves.com
Are you ready for the holidays?!    Yeah, I know it may be pushing it…. but the Radio City Christmas Spectacular is already pimping tickets so why can’t Hamptons Chatter jump on the band wagon?   Well if you’re not ready maybe this will make you start to get in the holiday mood!   If you’re looking for a little extra cash for that holiday party, I’m here to help.   Send me a photo or short video of your holiday (Christmas, Hanukkah, Kwanzaa or Festivus) decorations/display OR even outfit and you’ll be eligible for a $500 gift card to a buy some extra egg nogg or drinks at that special restaurant to celebrate the holidays.   I’m accepting photos of homes, offices and even cubicles.. sweaters, hats or even shoes…. but remember they have to be yours!   Once you send me the photos, I’ll be checking my list and announcing 3 finalists each week between November 30th and December 18th.   The grand winner will be announced December 21st right here on the blog.    So how am I judging this thing?   Well, I’ll pick the weekly finalists and it will be a combination of views on this blog and a team of my secret elves to decide the winner.   Sorry, no members of my family or office are eligible and you’ll need to be over 21 years old to enter. By submitting the photo, you’ll be authorizing me to publish your photo on this site and verifying it’s yours and you have all rights.    I don’t know why I have to say all that but it just seems like the right thing to do.     So, rather than inviting your friends to the house for Hickory Farms Beefstick, Cheetos and Mateus wine, take them out for a night on Hamptons Chatter.     This contest is also limited to residents of the Hamptons…. there will also be an out-of-towners category with a little prize yet to be determined.     So get ready to deck those halls and trim that tree… and make a buck to boot!  SEND YOUR ENTRIES TO HAMPTONSHOLIDAY15@GMAIL.COM!  Let the hunger….er… holiday games begin!

A SUPER SUPERMARKET! PLUS, WHERE’S THE “CAN” FROM OUT “CANDIDATES?” YEAH, I KNOW THIS HEADLINE IS TERRIBLE!

No longer just coming soon.. now arrived!

Sometimes my inspiration for this blog comes from the strangest of places.   This particular posting is coming from a very unlikely muse, Marilyn Hegerty who is the restaurant reviewer at the Grand Forks Herald in North Dakota.   At 85 years old she became an internet sensation with her earnest and insightful review of The Olive Garden which burst onto the Grand Forks culinary scene late last year.    So, if Marilyn can review The Olive Garden why can’t I review the latest entry into the East Hampton scene?You got it, I’m talking about the new Stop and Shop Supermarket on Newtown Lane.*

(*could also be substituted with the Stop and Shop nee Walbaum’s in Southampton)

After a lengthy wait for Stop and Shop to open in East Hampton*, the moment has finally arrived.  My visit occurred the other day on a busy Tuesday afternoon.    After a long day at the office, I figured a late shopping excursion would be both fashionable and just what the doctor ordered.   Apparently my doctor thinks shopping is good for me.
The parking lot was bustling with eager patrons as I arrived and while there were limited spaces.   Luckily,  the flow in and out of the store was so constant that it was only a few mere moments before I was able to find an ample space of my very own.   I could feel the excitement as I approached the SELF OPENING front doors that where both swift and convenient for a distracted shopper.
I was greeted as I entered into the market by smiling and friendly employees who were smartly dressed in purple and dark blue uniforms surrounded by lush, opulent and tempting looking produce. The lighting was bright and cheery and the aisles were clean and spotless, a definite improvement over the old Walbaum’s.   I asked one of the managers if they had any gluten free pasta to which he cheerfully responded, “of course in our new organics section!”   They have an or
ganics section!  I then knew I made the right choice to give this Stop and Shop a chance!
Finally with my pasta in hand I made my way to the check out aisles.   It was a pleasant surprise for me to now find many aisles opened with real human cashiers, also smartly dressed in purple with blue aprons.    The line was fast moving and the staff also told me about the savings I could receive if I filled out a form for a “preferred customer card.”   How lovely… I’m preferred and they just met me!
All in all, it’s the largest and best lit super market now operating in East Hampton.   It attracts vistors from out of town as well as people who live in East Hampton.    It’s a welcome addition to the community and will hopefully get better as they learn the preferences of the community.  So I have to heartily recommend Stop and Shop for your grocery shopping in our humble little hamlet.
Generic election sign .. so I don’t make and MORE enemies!

Speaking of our little hamlet, the election is finally over!   Now, I know it’s never a good idea to discuss politics I think it’s fair to express my general outrage over the littering…. and I do mean littering of signs everywhere. People always complain about real estate signs but these paper ones are wayyyyy worse.  Besides we can put the same sign every two feet!   If it were up to me, I would actually fine the candidates $10.00 for every sign they leave out after today.   Its bad enough my mailbox was full… and I mean full… like
more stuffed than if Frontgate, Orvis and Restoration Hardware both did  a double mailing for Christmas.  Oh the trees that had to die for such negative and prolific propaganda!   I’m glad it’s over and I now have room for my catalogs!

BOO!! HOW IS THIS FOR SCARY?! SCAM ALERT!

We know it’s a jungle out there…  I’m not even going to mention some of the the real estate agents I know… but here is new one for the horrors of housing that even took me by surprise.  Yes, even scarier than the Munster’s house on 114!   According to the Long Island Board of Realtors there is a rash of cyber-fraud being committed against unsuspecting parties in real estate transactions.

Apparently disguises are used when committing cyber crime!
The “fraudster” hacks into the email of real estate, agents, buyers, seller and even attorneys to obtain all the information about the sale of the house.   Then scam artist sends a very official looking e mail containing information pertinent to the sale of the house and then requests that a large sum of money be transferred into a designated accounting claiming it’s needed for the real estate action to proceed.
Apparently the e mail looks so legit.. that people are sending large sums of money only to find out they’ve been had.  Now, in addition to hacking e mails, I imagine this can also be done by simply looking up for homes “in contract” on various real estate websites.    With data flowing so free and easy on the web, it would only take just a few minutes to possibly find out a homeowners e mail address.    If you’re reading this and doing a deal guys, not a bad idea you tip your owners and buyers off about being on guard.
Party animal and unhappy contest hopeful Bella!

If your or anyone you know has been approached or affected by this scam you can report this to Efrem Zimbalist Jr. and the gang at the FBI by visiting the website:

Finally, if you’re looking for something to do this Saturday you might want to stop by Bay Street click here for the Bay Street Theater web site.
Theater this Saturday for the Annual Costume ball!  Tickets are 25$ with doors opening at 8:00 pm.   There will also be a costume contest with prizes ranging from $500 on down.   This is the best party of the fall season with party animals from all over the east end joining something called the Hoo Doo Loungers and WBAZ Radio’s Walker Vreeland (Dan’s best of the best winner) for the festivities.   If you want more information or to purchase tickets,
Happy Halloween everyone and it’s good to be back and chattering!