Theresa Brown, Renter in Bronx, NY

iam looking a one bedroom for me and my son and baby daddy in the grand concourse asap.thank u

Asked by Theresa Brown, Bronx, NY Mon Feb 4, 2013

--
This question was asked from this property: http://www.trulia.com/rental/3054546538--Sheridan-Ave-Bronx-…

Help the community by answering this question:

Answers

6
Trevor Curran’s answer
Rent today; Buy tomorrow. How to convert from Tenant to Homeowner.

When I rented my first apartment in Astoria, I did not want to be a Tenant my whole life and pay my Landlord’s mortgage. I longed to become a Homeowner.

That’s why I found my way into the mortgage business in 1989 and soon afterward became a Homeowner. Here are the fundamentals any Tenant should know to prepare to become a Homeowner in the future, no matter when that might be.

• Credit: Establish 3 credit accounts, no more than 5. Pay your bills on time. Keep your balances to no more than 50% of your credit limit. Don’t pay off the accounts in full. Keep balances active for 12-24 months. All of the above will provide both a good credit score and adequate credit history to qualify for a mortgage loan.

• Assets: A basic savings budget isn’t hard to do. Pay your rent first in your budget; then set aside 10% of your income before taxes . Make it a budget priority and you’ll still have money left over for entertainment and restaurants and clothing.

How much money do you need to buy a home? Many buyers spend no more than $25,000 to buy their first homes. There are loan programs with low down payment requirements and many real estate agents negotiate for their Buyers a “Seller’s concession” to include the Buyer’s closing costs (which are HIGH here in New York!) in the price of the home.

• Income: Two years consistent income is the basic requirement for either a salaried individual or a self-employed person. Income from Bonus, Commission, and Overtime is treated differently and is best discussed with your Mortgage Banker.

• Market Survey: it doesn’t hurt to go out and get to know neighborhoods where you might like to buy a home. Visit open houses on Saturdays and Sundays. It’s okay that you’re not yet buying; tell the Realtor at the Open House you’re just beginning your “survey.” You’ll also get to know market prices for different kinds of homes. It’s okay to “window shop” homes on the weekend at Open Houses!

I hope these fundamentals will help you better understand the path to homeownership is a process that, with preparation and dedication, you can move through easily. And if you’re interested in getting Prequalified today to create an Action Plan for your future of Homeownership, call me anytime!

Trevor Curran
NMLS #40140
http://www.tcurranmortgage.com

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
0 votes Thank Flag Link Tue Aug 20, 2013
Hello Theresa,

How are you? I hope you're doing well. Since I see that you were looking for a rental in 2013, I thought perhaps you might be ready to consider purchasing your own home at this time. If that's something you're interested in, please feel free to contact me because there are several great payment options available now to help moderate income households into home ownership.

I currently have a beautiful 1 bedroom/conv 2 bedroom HDFC Co-op listed for sale at 132 W 169th Street in the Highbridge section of the Bronx. The maintenance does not include utilities but it's only $650 per month.

Please feel free to browse the photos I have here on Trulia or check out the videos at my website link below. If you have further questions or would like to schedule an appointment, just let me know.

All the best to you :-)

Looking forward,

Christine Gordon
Licensed Real Estate Broker
Gorick Realty, Inc.
Cell: 917.881.2924 / Fax: 347.328.9352
View listings at http://www.gorickrealty.com
Subscribe at Gorick Realty
0 votes Thank Flag Link Sat Aug 15, 2015
Theresa,

Thanks for getting in contact with me, when can we meet? Please give me a call. Our office has an extensive rental department. We have a variety of price ranges all over the Bronx. I can set up an appointment for us to meet, one of my rentals specialists will be able to get you out viewing apartments in your criteria. We are open 7 days a week and have flexible hours and late nights hours.

Best of Luck,

Millie Valentin
EXIT REALTY SEARCH
3928 E. Tremont Avenue
Bronx, NY 10465
email: exitwithmillie@gmail.com
0 votes Thank Flag Link Tue Feb 5, 2013
Hello, If you'd like to see current Bronx Rental Listings visit
http://www.bronxpad.com/rentals
Thank you for your question. Joel Rivera
0 votes Thank Flag Link Tue Feb 5, 2013
i have a 1 bedroom on grand concourse and 172 st. 2 available from $975 to 1050. let me know. contact me at 917-312-3103 after 10;30 am, pedro
0 votes Thank Flag Link Mon Feb 4, 2013
Hi Theresa,

Thanks for your inquiry. Our office has a rental division and specializes in exclusive rental listings in the Bronx. Call the office at 347-202-4965 and explain to the receptionist what you're looking for so she can assign you to the proper agent. Best of luck with your search!

John Lajara REALTOR®/Notary Public Certified Buyer Representative (CBR) Cell: 917-848-4655 Fax: 917-522-9638 http://www.JohnsRealtySuccess.com john25lajara@yahoo.com EXIT REALTY SEARCH | 3928 E. Tremont Ave | Bronx | NY | 10465

Visit me on Trulia & Zillow http://www.trulia.com/profile/johnlajara & http://www.zillow.com/profile/john25lajara
0 votes Thank Flag Link Mon Feb 4, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer