to come up with maintainance and mortgage..she had a buyer but they failed at getting a mortgage...needless to say she is drowning...can she sublet? What are the legalities at Parkchester. Can she do that? She has a 3 bedroom /1 bath condo on the 1st floor on E. Tremont..selling for $200,000...what can she do? Someone please help me to help her
Try "for sale by owner". Lower the price by the Real Estate commission.
hi i would like to buy the apartment, please contact me at 347-621-1828 i own a 2 bedroom apt in parkchester but i had a baby and need an extra room. My name is josephine
Is she selling herself or with a broker? I can probably assist her better if I met with her. Ask her to contact me, I speak Spanish if it helps. There are several things that can be done in assisting people with a mortgage. Let's talk.
I own a 1-bedroom condo in Parkchester North.
I have a tenant in my apartment. You can lease your apartment the same way I do it. You have to go through the management company. The prospective tenant had to pay processing fees and pass credit and background check. It will take about 1 month from the day you find a tenant until they get approved. Make sure you get a good tenant with good credit, if not they will be rejected by the management company.
Every apartment for sale has a buyer, at any market. Maybe the price you are asking is too high. Reduce it in $20K and you'll have plenty of buyers to choose from. Ask them to bring a bank pre-approval for a mortgage. If they don't bring that, don't bother.
She needs to look at the co-op board's rules to determine whether she can sublet. If she can, she can advertise on her own or hire a Realtor (more than a real estate agent) to list her home. The tenant will pay the Realtor's commission. To quicken the process, she can pay the Realtor's commission or 1/2 the commission.
You didn't state whether she's listed her home with a Realtor or is trying to sell it herself. That makes a difference, in most cases, as a Realtor (such as Coldwell Banker) can expose her apartment to more buyers, than say... putting up a flyer at the post office.
Let me know if you have any more questions and feel free to contact me directly.
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