Typically the seller will be the one responsible to cover the termite treatment. A large majority of the banks will require a termite certificate in order for them to give the loan. Termite teatment is generally in the range of $800 to treat. If seller is being unreasonable, I would suggest offering to split it with them. Should not be a deal breaker.... more
I just closed on a short sale that took about 9 mos. including bank approval, appraisal, buyers mortgage approval etc., I worked with someone who is an expert in short sales and it wasn't a simple one..had its share of problems etc., yet successful. Call me at 718 619 5701, maybe we can help you!... more
Hello Nplh1, didn't the first 7 answers advise the use of an attorney?, I feel compelled to comment on Beatrice's answer; your answer is repetitive so why do it? you did not even put forth the effort to spell out the word Medicaid. It seems you just want some face time on this site, but you don't offer anything of value. Sad, very sad!... more
Thanks everyone for your replies -- unfortunately, since this is new construction, I'm also stuck with the transfer tax, and since it has no tax abatement, I'm sure I'll see little to next to nothing after you deduct the mortgage tax, transfer tax, and property tax for the first 2-3 years. It feels like a game of government monte here, where one hand gives you this (which is your own money back) and another takes it. BTW, even renting I could write off charitable donations I made.... more
When buying a foreclosed home in Staten Island the buyer pays the Transfer Taxes, which is approximately 2%. In addition you will buy the home in an As Is condition without warranties. If you buy at auction you need to pay 10% cashiers check within minutes. Many foreclosed homes are already listed in MLS, so seek out a local Realtor.
Lic. RE Salesperson
V.I.P. Real Estate, Inc. 718-967-2600... more
If you hire me as a buyers agent, after giving you all the information that is needed, then I could tell you what you could offer. I am a CBR, a certified buyer representative. I believe you are asking about a house on Burgher Avenue, I would be willing to show you other homes also.... more