11003 : Real Estate Advice

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Oleg Volfman, Real Estate Pro in Rockville Centre, NY
Oleg Volfman answered:
i own a home but i am looking to buy a new home to move to; is there any way where i can sell my current home to purchase the new one the same time?
Hello Otis.

I have done just that in the last year with 2 properties. It is not easy, somewhat "interesting", but very doable. And Kathy is right, the contract has to be very speci ... more
0 votes Share Flag Wed Aug 26, 2015 Home Buying in 11003
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
Why is it so hard to find a beautiful apartment? Is there a standard that landlords must use to rent a place.?
Depending on the area it cpuld be a supply/demand situation. Check http://www.mlsli.com or work with an agent; also check local print media for by owner rentals, always verify ownership ... more
0 votes Share Flag Thu Feb 21, 2013 Rental Basics in 11003
Darryl Joyner,  in Floral Park, NY
Darryl Joyner answered:
We are looking for in nassau county, only problem is we don't understand the whole tax thing? Is it so much more expensive than other countys?
0 votes Share Flag Sun Feb 3, 2013 Home Buying in 11003
Exit Strong…, Real Estate Pro in Franklin Square, NY
Exit Strong Realty Service answered:
are there first time home owner grants for long island?
I just closed on a property in Valley Stream where the buyers received the Nassau County Down Payment Assistance program. Please Contact me for Information about the program ... more
0 votes Share Flag Thu Jan 24, 2013 Home Buying in 11003
dpost, Both Buyer and Seller in Elmont, NY
dpost answered:
Are there any other down payment assistant programs out there for nassau county, long island other than nassau county itself? Looking to buy. Plz hlp
Community Housing Innovations, Inc., a HUD approved non profit housing counseling agency, has grants for downpayment and rehabilitation costs. You can review the programs and sign up fo ... more
0 votes Share Flag Fri Oct 12, 2012 Home Buying in 11003
De Vonte Wil…, Real Estate Pro in East Point, GA
De Vonte Williamson answered:
how kiefer ave in elmont, it a good area to live?
First and foremost, I commend you in your decision to buying a home. It is an excellent time to do so. Home prices are still relatively low, and interest rates are at historic lows. Try ... more
0 votes Share Flag Sat Sep 22, 2012 In My Neighborhood in 11003
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
What does it mean when your mortgage company says that you are in litigation?
Do you mean loss mitigation...if not, it could mean they have begun foreclosing; you can check with your local county clerk to see if any notices were filed. For any necessary legal a ... more
0 votes Share Flag Mon Jun 18, 2012 Foreclosure in 11003
Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
How accurate is zillow.com as far as market value of properties and comps?
If you are asking about zillow's famous/infamous "zestimate", then, it is not an accurate estimate of market value AT ALL!
There is a wide percentage it can be off - either higher or ... more
0 votes Share Flag Sat May 12, 2012 Investment Properties in 11003
Annette Levi…, Other/Just Looking in New York, NY
Annette Levinson answered:
what would be the approx. closing costs for a home priced at 330,000,after putting a down payment of 25,000
When you got your preapproval, didn't the loan officer go over closing costs with you? Closing costs are going to be determined by the mortgage you are getting FHA or conventional? ... more
0 votes Share Flag Wed Jun 29, 2011 Home Buying in 11003
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
ok i have a bank owned propertys and the realty company has send me a 60 day notice to vacate .what are my rights and my best options?
Without much information---Review your lease agreement as the answer may be found in it--for any legal rights you may have, do consult with an attorney who specializes in real estate, s ... more
0 votes Share Flag Tue Dec 7, 2010 Foreclosure in 11003
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
What are the qualifications for the $8000 tax credit in NY and how can it be used towards your downpayment?
Contact any qualified loan officer and see what your budget can handle first; if your credit and and financials are in order ask for a mortgage pre-approval, and then ask away any ques ... more
0 votes Share Flag Sat Aug 8, 2009 Financing in 11003
Gail Gladsto…, Real Estate Pro in 11743, NY
Gail Gladstone answered:
how much would be the closing cost for a 400k house if I put on 5% down payment?
Your downpayment has nothing to do with closing costs, nor does the amount of the home you are purchasing. You should prepare for about 4% in additional closing costs; your loan office ... more
0 votes Share Flag Wed Dec 26, 2007 Home Buying in 11003
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