Home Buying in Red Hook : Advice

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Jeannette Ba…, Real Estate Pro in Brooklyn, NY
Jeannette Batsikas answered:
we paid 5000.00 down rent to own 8 months later find out owner got loan on it and wont register it with the court house with us as buying
With a rent to own it doesn't mean anything to the bank, or the court houses... You're really renting and until the house is officially your's then you have rights but right now your ju ... more
0 votes Share Flag Sat Feb 8, 2014 Home Buying in Red Hook
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
Just worried about the flooding in Red Hook. Pioneer street basements often flood. the new building on the corner of Pioneer and Richards flooded *
Dear harithspi:

You would need to hire a licensed home inspector and engineer to investigate the situation to make sure any flood damage has been completely repaired. This is assumin ... more
0 votes Share Flag Wed Jul 31, 2013 Home Buying in Red Hook
Felix A. Gar…, Real Estate Pro in Staten Island, NY
Felix A. Garcia answered:
I love Red Hook and want to buy there, but am worried transport and projects will always deter wealthier families from living there.
Red Hook has grown and I believe there's still some room for growth and to invest prices are high right now but with sandy the area took a bit of a hit but I believe it still will grow. ... more
0 votes Share Flag Wed Jun 19, 2013 Home Buying in Red Hook
babygirl61108, Home Buyer in Brooklyn, NY
babygirl61108 answered:
What does "owner will hold mortgage" mean?
are there special laws in the stae of P.A. on doing this we are trying to do this where the owner holds the mortgage on the house. We need to do alot of work on the house its a handy ma ... more
0 votes Share Flag Tue May 7, 2013 Home Buying in Red Hook
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
I have been offered a deal to purchase a house for $5,000 down with owner financing.
Dear tracydietrich:

You need to hire an attorney to review the paperwork and make sure it is legit.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison ... more
0 votes Share Flag Sat May 4, 2013 Home Buying in Red Hook
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