11040 : Advice

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Oleg Volfman, Real Estate Pro in Nassau, NY
Oleg Volfman answered:
Is the property tax listed at Trulia.com accurate or close to the actual tax?
Hello Albert.

If you need further help in New Hyde Park, please contact me. I can help you find and buy a perfect house for you. The taxes can easily be found by calling the assess ... more
0 votes Share Flag Wed Jun 18, 2014 Home Buying in 11040
Christian Mo…, Real Estate Pro in Lynbrook, NY
Christian Monge answered:
What are the pros/cons of living across the street from a grade school?
It really depends on what type of school it is. It can be noisy, hard to find parking, and always busy. However, when and if you children, they will not be far from the house, also beca ... more
1 vote Share Flag Tue May 6, 2014 Home Buying in 11040
Cristina Cal…, Real Estate Pro in 11590
Cristina Callegari answered:
Are there any rent to own houses available in New Hyde Park ?
Currently there are none offered as a Rent to Own and I agree with Trevor that it is a better deal for the seller than it would ever be for a potential buyer. If you would like to discu ... more
1 vote Share Flag Wed Jul 17, 2013 Rentals in 11040
Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
Looking for a apartment/house for rent, specifically 2 bedrooms and a clean house.
I’m no real estate agent, just a humble Mortgage Banker, but I can give you some guidance on your search for the right rental apartment.

In my experience in the real estate tr ... more
0 votes Share Flag Tue Jul 16, 2013 Rentals in 11040
Thomas Brady, Real Estate Pro in Suffolk County, NY
Thomas Brady answered:
how to find out about potential foreclosures in a neighborhood?
Hi Farheen, potential foreclosures are difficult to track. With the economy the way it is many people miss a mortgage paymeny here or there. The properties you are referring to would ha ... more
0 votes Share Flag Mon Apr 8, 2013 Home Buying in 11040
Paul F.Marzo…, Real Estate Pro in Hackensack, NJ
Paul F.Marzolla (201) 957-6768 answered:
Wife and I searching for our first mortgage. Have had some credit issues in the past. Is it better to work with a small bank or a giant bank?
I work with many bank and lenders, both big and small. I will tell you that the minimum credit score needed is a 620. This would allow for both FHA and Conventional financing. Without k ... more
0 votes Share Flag Sat Mar 2, 2013 Home Buying in 11040
Sarbjeet Kaur…, Real Estate Pro in Floral Park, NY
Sarbjeet Kaur (SFR, SRS, CBR) answered:
How long does it take for a corporation/bank decide on a foreclosure home?
Depending on the bank, the issue may be that they do not have enough people to process the amount of inventory they now have on their hands, and that it can easily take several weeks to ... more
0 votes Share Flag Sat Mar 2, 2013 Foreclosure in 11040
Sarbjeet Kaur…, Real Estate Pro in Floral Park, NY
Sarbjeet Kaur (SFR, SRS, CBR) created a review:
Homeowners Insurance Travelers Insurance no longer writing stand alone homeowners policies in Nassau County, they now require the Auto insurance in order to write a Home. Travelers is…
0 votes Share Flag Fri Mar 1, 2013 Home Insurance
Joseph Roraff, Real Estate Pro in Onalaska, WI
Joseph Roraff answered:
Brick or Frame House which is better?
Great question but it really is a matter of preference. There are some brick houses that aren't brick at all. Brick is better for keeping the house more energy efficient. Colder in the ... more
0 votes Share Flag Fri Mar 1, 2013 Home Buying in 11040
Michael Craig, Renter in Mineola, NY
Michael Craig answered:
How much is average title search fee for a $500,000 property in Nassau County, NY?
As a Licensed Nassau County Title Examiner i would be happy to do the title search for $100
Dont Pay 600$ for a lawyer or abstract company to pay someone like me to do your title searc ... more
0 votes Share Flag Tue Jan 1, 2013 Home Buying in 11040
Reema Sharma, Real Estate Pro in 11004
Reema Sharma answered:
Can a mortgage be modified with only one of the two people on the note signing? My lawyer says no but my ex-wife just did it.
Definately worth to get a second opinion from another attorney. Kindly email me at reema@shvrealtyny.com for the list of recommended attorneys.
0 votes Share Flag Mon Mar 26, 2012 Financing in 11040
Tilak Shah, Both Buyer and Seller in New York
Tilak Shah answered:
Brick or Frame House? Which one has low maintenance and best resale value?
Both are frame houses brick does have a less of a maintenance cost over the years however depending on the area you live in and the market that is how you can determine the resale value ... more
0 votes Share Flag Fri Feb 24, 2012 Home Buying in 11040
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
I have a very strong interest in doing lease option (rent to own) in New Hyde Park. What is the best means to find interested sellers? I wrote a blog
Hi:

We'll trade blogs: Mine is on how to find a lease-option: http://bit.ly/findaleaseoption

By the way, you probably shouldn't have to pay that much above the going fai ... more
0 votes Share Flag Wed Aug 24, 2011 Home Buying in 11040
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
Square Footage varies from the Nassau Property records and seller
As Allen pointed out the basement is not in the legal square feet. You say the 2nd floor is not listed in the Nassau County records. The second floor is more then 140 square feet.
When ... more
0 votes Share Flag Thu Jul 7, 2011 Home Buying in 11040
Nick, Real Estate Pro in Eden Prairie, MN
Nick answered:
Convert a bedroom into a master bathroom?
Jabezfu, did you end up doing this conversion? I would be interested in pictures/ideas/plans to accomplish the conversion (I am in the exact same situation).
0 votes Share Flag Thu Oct 14, 2010 Remodel & Renovate in 11040
Ralph Windsc…, Real Estate Pro in Hauppauge, NY
Ralph Windschuh answered:
I am planning to buy a cape which is located close to railroad and doesn't have a basement. Is it easy to sell such a home(property?
Location is always a concern when purchasing real estate and you're thinking about resale value. Basements also increase the value of a property. However, if you're purchasi ... more
0 votes Share Flag Sun Aug 1, 2010 Home Buying in 11040
Arlynn B. Pa…, Real Estate Pro in Roslyn Heights, NY
Arlynn B. Palmer answered:
What is a 203k pre-approval form?
Very often when purchasing a foreclosure (bank owned home) the home is in such disrepair that it will be impossible to obtain a "normal" mortgage from a bank. For instance, i ... more
0 votes Share Flag Mon May 17, 2010 Home Buying in 11040
The John Ford…, Real Estate Pro in Bellmore, NY
The John Ford Team answered:
How does one look for exclusive listings?
Only the listing office or a Buyers agent can get into an exclusive listing. What you should do is hire a buyer’s agent to work for you. A good buyers agent will search the MLS ... more
0 votes Share Flag Wed May 12, 2010 Home Buying in 11040
Arlynn B. Pa…, Real Estate Pro in 11576
Arlynn B. Palmer answered:
Customary practices selling real estate in GA
Hi Bob,

It is a usual and customary practice in other jurisdictions NOT to use an attorney for closings. The real estate agents handle everything from the offer through the closing! ... more
0 votes Share Flag Mon Jun 1, 2009 Home Selling in 11040
Bill, Real Estate Pro in Southampton, NY
Bill answered:
Seller to pay Closing Costs ??
Go for it, Mortgage lenders are OK with seller concessions of up to 6% of the purchase price. The concession will greatly reduce the amount of money you will bring to closing so you ma ... more
0 votes Share Flag Wed Aug 13, 2008 Home Buying in 11040
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