11040 : Real Estate Advice

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Paul, Both Buyer and Seller in 11968
Paul answered:
Brick or Frame House? Which one has low maintenance and best resale value?
Use InBedrock.com to help educate on all real costs of homeownership, including purchase price, improvements, title + HO insurance, RE taxes, mortgage financing options + after-tax impl ... more
0 votes Share Flag Fri Jun 17, 2016 Home Buying in 11040
Va39developm…, Home Buyer in Tracy, CA
Va39developmentgroup answered:
Brick or Frame House which is better?
People want brick - it's very desirable for resell. The only other benefit of brick is you don't have to paint it. Some of the "framed" houses in your price range may have siding that d ... more
0 votes Share Flag Fri Jun 17, 2016 Home Buying in 11040
Ben, Home Buyer in New York, NY
Ben answered:
Is the property tax listed at Trulia.com accurate or close to the actual tax?
I just got a quote from the Trulia calculator that estimated property tax at $338 per month on a 700 K house in Burbank. I just saw a lender who told me it would it would actually be ar ... more
0 votes Share Flag Sat May 28, 2016 Home Buying in 11040
Malgorzata R…, Real Estate Pro in Rockville Centre, NY
Malgorzata Ringston answered:
I've only been working my new job for seven months but my wife has been working.for ten years. Can we be approved for a mortgage? We have 20%
You both should be just fine. You should call all different lenders talk to them and see who can give you best offer. I have someone who can help or at least guide you. When you are rea ... more
0 votes Share Flag Tue Mar 29, 2016 Home Buying in 11040
Tal61, Home Buyer in Ballston Spa, NY
Tal61 answered:
How much is average title search fee for a $500,000 property in Nassau County, NY?
Title searches range from $100 for a last owner search to $400 or more for a multiple chain full 40 year search. However, Nassau County, NY is in Zone 2 and the search fee is included i ... more
0 votes Share Flag Wed Jul 1, 2015 Home Buying in 11040
Malgorzata R…, Real Estate Pro in Rockville Centre, NY
Malgorzata Ringston answered:
average home heating costs in New Hyde Park NY
Different numbers for gas and oil.
0 votes Share Flag Sun Jan 25, 2015 Home Buying in 11040
Yekasi, Other/Just Looking in
Yekasi asked:
Buying a home and rebuild Hello.
I am living in Little Neck, Queens right now, and my house is worth about 1M. I want to move to Long island mainly for better school district, the area that i am looking at is M…
0 votes Share Flag Sat Jan 10, 2015 Home Buying in 11040
Christian Mo…, Real Estate Pro in Rockville Centre, 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 Woodbury, NY
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 Great Neck, 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 Plainview, 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 Marzolla, Real Estate Pro in Fort Lee, NJ
Paul Marzolla 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 Garden City 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
Reema Sharma, Real Estate Pro in Glen Oaks, NY
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
Don Tepper, Real Estate Pro in Burke, 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

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…, Other/Just Looking 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
,  in
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
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