Home Buying in 11362 : Advice

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Belal Mohd, Real Estate Pro in Rego Park, NY
Belal Mohd answered:
conventional loan with 20% down. Purchase price $100K. How much does home have to appraise for?
It has to be appraised at the purchase price or higher.
0 votes Share Flag Sat Jan 17, 2015 Home Buying in 11362
Javier Menes…, Real Estate Pro in Great Neck, NY
Javier Meneses answered:
appraised value vs contract price
Not sure who your lender is, but I feel comfortable telling you that if the appraised value came in 8% less than contract price, it's safe to assume that you're overpaying for the house ... more
0 votes Share Flag Wed Sep 17, 2014 Home Buying in 11362
Bill Eckler, Real Estate Pro in Venice, FL
Bill Eckler answered:
Is a bank appraisal a good source of the asking price?
All home prices should be based on real numbers that represent the most recent market activity in a given location.

If a bank appraisal is a current one, I can think of no better way ... more
0 votes Share Flag Fri Sep 6, 2013 Home Buying in 11362
Alexandra Ma…, Real Estate Pro in Douglaston, NY
Alexandra Mattheopoulos answered:
How is the price per square footage calculated?? Is it lot size or building size??
It is for the interior living space, excluding, terraces and balconies and basements or attics.

Hope this helps! If you need more info, please contact @ 917 902 2873, thanks
Alexand ... more
0 votes Share Flag Wed Jul 24, 2013 Home Buying in 11362
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