Not sure what exactly happened based on your question. But I would probably say that trying to pursue a lawsuit is going to be a waste of time and money. Short sale transactions can be super unpredictable. The best thing you can do is work with short sale experienced real estate professionals and trust that they will put a good deal together and work diligently. If for whatever reason this transaction didn't close and it's not salvageable, just move on.
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Senior Loan Officer
STERLING NATIONAL BANK
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Hey Rrosario, my name is Debbie with Home and Hearth. I see you are looking for a home in the Lynbrook, East Rockaway area. I can assist you in your search. I can be reached easily by phone or email. I will provide my contact information also. (516)841-3987 Email firstname.lastname@example.org. I look forward to hearing from you.... more
Ask your Realtor to pull comparables on the property you are interested in and base you offer upon the comps. The comparables should be within the last six months. Take into consideration how long the property has been on the makret, size, amenities, upgrades, location of the property and what the market in like in the area of the property. Good luck.... more
Hi Louise. An inspection would be done after you have an accepted offer. As for the deposit, If you are speaking about a downpayment, that's negotiable. Feel free to contact me if you would like a more in depth answer. Justin Maimone. Century 21 American Homes. Mobile: 516-469-8300. You will also find answers to most commonly asked questions on my website at www.JustinSellsLi.com. I wish you the best of luck and hope you found the answers you were looking for.... more
You will need to check your cash for keys agreement with the bank as they can vary. If you are speaking about your kitchen cabinetry, they are fixtures and are not typically items you can take with you whether you are participating in "cash for keys" or selling your home. I can almost guarantee you that if you remove cabinets when you leave you will not receive your "cash." Talk with your contact for the "cash for keys" there is always a chance they may work something out with you.
Hope that helps.... more
20% or more is a great down payment. With banks being so strict, due to your BK, it will be at least a few years before you can even apply for a mortgage. Feel free to contact me with any further questions you may have.... more
The decision is entirely yours--what will suit your finances best--if buying a two family and one part isn't rented for a period of time can you carry the expenses. If you already haven't done so--why not visit with any qualified loan officer(s) first and see exactly what your budget can handle. Lenders have their income v. debt criteria for qualifying for the amount of a mortgage—oftentimes requiring that housing costs are not in excess of one-third of gross income in addition to a stipulated income v. overall debt-ratio. What lenders don’t know are borrowers’ non-debt spending habits, present and anticipated. You, the borrower, need to consider the economic factors of your lifestyle that would impact on your individual comfort level of affordability. A mortgage outside your budgetary constraints can dramatically alter your overall living conditions. So, be sure to factor micro and macro economic concerns into your mortgage amount deliberations. Again, a loan officer can best advise you.... more
If you don’t have anything is writing it is just your word against the brokers. The broker has a lease agreement that you signed. How will you be able to convince a neutral third party of the truth of what you are stating if the broker denies it?
Your case is an illustration of why real estate agreements must be in writing.
Good luck.... more
Raymond, Realtors are prohibited from discussing race or ethnicity with a buyer or a seller. There are many websites where you can research crime, etc. You should be able to live anywhere where you want? I would be pleased to show you homes anywhere on Long Island or Queens. Good luck to you.
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
In the Top 2% of Century 21 Agents Nationwide!... more
No, you're not required to give the seller a copy of the report; however, if you intend to readjust your offer price based upon the results of the report, then it might help to strengthen your argument to at least show the seller a copy of the summary of the report--assuming you're still interested in purchasing the home.... more
Race really isnt an issue anywhere in new york city, it is very diversified here so your kids would not really be affected. The schools out here are also very diversified, so if i were you, i wouldnt worry. Contact me if you would like to speak about somke real estate issues. My name is Anthony Marra.
Blue Key Real Estate Brokerage, Inc.
546 Third Avenue, Second Floor
Brooklyn, NY 11215