11201 : Advice

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Kathryn Lilly, Real Estate Pro in Brooklyn, NY
Kathryn Lilly answered:
How can I get an affordable apartment in NYC (Under $1000)?
Keep a very open mind and do a lot of looking, and check the records of every house that you are taken to before anyone gets your money.
I am afraid their are not that many, especially ... more
0 votes Share Flag Thu Jul 31, 2014 For Rent in 11201
Annette Lawr…, Real Estate Pro in Palm Harbor, FL
Annette Lawrence 727.420.4041 answered:
what if there are no comparables in my neighborhood? how do I find out how much my apartment is worth?
1. Hire an appraiser.
2. Use closest comparable and normalize differences.
3. Evaluate existing comparable properties for sale.
4. Rationalize trending as applicable to your real est ... more
0 votes Share Flag Mon May 19, 2014 Home Selling in 11201
Rochel India…, Real Estate Pro in New York, NY
Rochel India Faison answered:
I'm looking for a room to rent in Downtown Brooklyn. Does anyone know of any?
Contact India Faison at Hillel Realty Group, 917-577-0718.
0 votes Share Flag Thu Feb 20, 2014 Rentals in 11201
Sanjeev Ahuja, Real Estate Pro in Floral Park, NY
Sanjeev Ahuja answered:
I'm looking to purchase a 1 br in the Dumbo/Brooklyn heights. I'm not looking to pay more than 200k and 10% down. I haveGood credit. Is?
If you are looking to put 10% down then you are better off looking just for Condo as most Coop loans will require a minimum of 20% down payment. For every $1000 you borrow at 4.50% rate ... more
0 votes Share Flag Sat Nov 16, 2013 Home Buying in 11201
Sanjeev Ahuja, Real Estate Pro in Floral Park, NY
Sanjeev Ahuja answered:
My husband and I have a household income of 215K (130K-hubby) (85K-wife). We have no children and are renting. Want to buy two properties at once.
Best way would be to buy the house with 25% down payment as an investment and 5% down for Condo (no Coop as most coops will need 20% down). If you need to discuss further please call me ... more
0 votes Share Flag Sat Nov 16, 2013 Home Buying in 11201
Jim Olive, Real Estate Pro in Key West, FL
Jim Olive answered:
Can the seller amend/increase the price after a contract has been sent out?
This question is 2.5 years old. Let it die!!
0 votes Share Flag Thu Nov 14, 2013 Home Buying in 11201
Paul F.Marzo…, Real Estate Pro in Hackensack, NJ
Paul F.Marzolla (201) 957-6768 answered:
Refinancing Co-ops in NYC: Some lenders do it but a TON of them do not. Which banks do?
Michael,

You're correct, many lenders don't offer Co-op financing, however, I work with a few lenders who specialize in NYC Co-op financing which is good news. The parameters are rat ... more
0 votes Share Flag Mon Nov 11, 2013 Financing in 11201
Paul F.Marzo…, Real Estate Pro in Hackensack, NJ
Paul F.Marzolla (201) 957-6768 answered:
Investment property renovation cost
For what you're looking to do I would recommend a renovation loan for consideration being that certain programs DO NOT impose lengthy anti-flipping periods. Also, it will be based on th ... more
0 votes Share Flag Mon Nov 11, 2013 Investment Properties in 11201
Hector De La…, Real Estate Pro in New York, NY
Hector De La Cruz answered:
My late sister had a coop in Brklyn Hghts that we need to sell; It's a corner unit in Concord Vlg-Suggestions
Hi Gloria,
I understand you want to sell the property, well right now it’s a great time. There’s a lot you need to know if you’re trying to sell a property. I woul ... more
0 votes Share Flag Thu Nov 7, 2013 Home Selling in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
I started consulted a lawyer about representing me for a house purchase where by she informed me that her fee is .5 % of the purchase price which
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
Looking for an agent who specializes in Brooklyn Heights/Downtown Brooklyn/Park Slope
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
How do I find out if short sales are available in a new condo building I would like to buy in?
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
Thanks to all for your response to my attorney question. I have change attorney, cost $1500. Next question. I sat down with mortgage broker
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
What is a good annual return from renting out a condo purchased as investment in Manhattan or Brooklyn?
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
How is the market in Bklyn Hghts?
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Market Conditions in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
Broker suing for commission in NYC because I refused to sign a contract without the purchaser agreeing to a set date for board interview/closing date
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Selling in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
We are applying for refinance got what we think is a bogus appraisal - is there anything we can do?
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Financing in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
I'm looking to refinance my condo at 70Washington in Brooklyn. How can I determine if the bldg. is eligble. for FHA refi.
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Financing in 11201
unkhkhih, Real Estate Pro in New York, NY
unkhkhih answered:
Can someone help explain the differences in closing costs for a condo versus buying a 2 family home?
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please ema ... more
0 votes Share Flag Thu Nov 7, 2013 Home Buying in 11201
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