Home Buying in Wantagh : Real Estate Advice

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Evan Mogelef…, Real Estate Pro in Merrick, NY
Evan Mogelefsky answered:
Quick question - long story shirt - I am backing out of a contract and getting my escrow money back. I paid my lawyer $300 of his $1000 fee as a
That depends what agreement you had with your attorney and should have been discussed beforehand although nobody plans on backing out of a contract.
0 votes Share Flag Fri Mar 21, 2014 Home Buying in 11793
Javier Menes…, Real Estate Pro in Great Neck, NY
Javier Meneses answered:
My wife an I are planning on a gift of equity in buying a house from her parents. Does the house get a fair assessment when appraising for this sale?
Absolutely! The property will be appraised the same regardless of having a gift of equity or not. Gift of equity is great in that it'll offset any or all money you'd need for downpaymen ... more
0 votes Share Flag Sun Aug 11, 2013 Home Buying in 11793
Fdny24, Home Buyer in Huntington Station, NY
Fdny24 answered:
Is a LIBOR Sales Agreement legally binding as it states right on the form, or is this some sort of non legal form given out by LIBOR to confuse buyer?
Thank you. I realize there are good and bad people in every line of business. I just seem to keep finding the bad realtors. I have had multiple buyers agents working for me, but inevi ... more
0 votes Share Flag Sun May 12, 2013 Home Buying in Wantagh
Joel Lobb, Real Estate Pro in Louisville, KY
Joel Lobb answered:
What is the typical/average length of time between signing of contract and closing in Nassau County?
It takes about 20 days in Kentucky right now if there are no appraisal issues.

Joel Lobb (NMLS#57916)
Senior Loan Officer
502-905-3708 cell
502-813-2795 fax
jlobb@keyfinllc.com ... more
1 vote Share Flag Sat Nov 10, 2012 Home Buying in Wantagh
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
Two weeks after I sell my house I will buy another house my attorney says this money stays in his escrow account is this right?
Actually the best answer is to check with the lender on your next purchase, if they are using the same closing attorney there is nothing wrong with leaving it in his escrow account, alt ... more
0 votes Share Flag Wed Nov 23, 2011 Home Buying in Wantagh
Ralph Windsc…, Real Estate Pro in Hauppauge, NY
Ralph Windschuh answered:
I am reading about FHA loans but am now confused more than ever! Please help!
FHA loans are quite common place since they still offer assistance with closing costs and have much lower down payment requirements that many conventional loans. If you were preapprove ... more
1 vote Share Flag Wed Jan 21, 2009 Home Buying in Wantagh
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