Home Buying in Queens>Question Details

Justin, Home Buyer in Queens, NY

Looking to purchase an FHA Approved Condo in queens, any advice on how to find actual listings as opposed to co-ops inaccurately listed as condos?

Asked by Justin, Queens, NY Tue Jun 26, 2012

Looking for:

2br Condos under 300,000

Avoiding Jamaica, Ridgewood, Howard beach, Corona and any sketchy neighborhoods

Help the community by answering this question:

Answers

6
Good afternoon Justin,

You can find all FHA Approved Condominiums here at the FHA website: https://entp.hud.gov/idapp/html/condlook.cfm

Prices won't be listed, but you can get a clear listing of all approved Condos.

Trevor Curran
NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
NMLS#3528
http://www.phsloans.com
0 votes Thank Flag Link Mon Jul 30, 2012
There is no real way to eliminate inaccurately listed coops from your research criteria. If something is listed as a condominium erroneously it will show up within your research parameters. That being said, perhaps the best indicator of a coop is the price. Condominiums are typically significantly more expensive than a coop. However, caveat emptor as you may wind up missing out on distressed condominium sales.

A more efficient way of approaching this matter is to use a buyer's agent. The agent works exclusively for the buyer and the agreement can be structured in such a way that the commission will be collected from the seller's side. In short, the buyer is getting all of the experience, research facilities, and advice of a realtor for little or no expense.

Thank you and good luck on your search!

Regards,


Nida kabbaj
Exit Realty by the park
917-681-1102
0 votes Thank Flag Link Tue Jul 3, 2012
I have a large two bedroom in Rego Park. It is a luxary 24 hour doorman bldg. with an inground pool, formal dining room. Two baths, and terrace. $299,000. If interested in seeing this property call
Maureen Mizuno
Exit Realty Central
(917)443-9880
0 votes Thank Flag Link Wed Jun 27, 2012
Work with a buyer's agent who will take their commission from what the seller offers, therefore it should cost you nothing to receive professional advice and accurate information.

Tom Brady SFR, e-Pro, SRES, GREEN
Licensed Real Estate Salesperson
Notary Public, Ret. NYPD Lt.
631-682-8660
Tom@BradyFamilyRealty.com
http://www.BradyFamilyRealty.com
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Plaza - Suite 104
Plainview, New York 11803
0 votes Thank Flag Link Tue Jun 26, 2012
Consider working with an agent, also check http://www.mlsli.com Or ask your loan officer for a list of condos, also see link below. If purchasing with a mortgage, be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously.
https://entp.hud.gov/idapp/html/condlook.cfm
0 votes Thank Flag Link Tue Jun 26, 2012
I could help you . I have a very good listing no board approval.

A.Neng
917-685-1690
Licensed Realtor
Certified Buyer Representative/SFR
Winzone Reatly, Inc.
0 votes Thank Flag Link Tue Jun 26, 2012
Do you have an email address I can contact you?
Flag Tue Jun 26, 2012
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