Home Buying in Brooklyn : Advice

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Yaw Anku, Other/Just Looking in
Yaw Anku answered:
Where can I find FHA approved condos in Brooklyn, NY?
For an updated list of FHA approved condos in Brooklyn area checkout http://www.homebuyerwise.com/FHA-Approved-Condos/city/Brooklyn-NY_18323. Unfortunately the HUD site is down in eveni ... more
0 votes Share Flag Fri Feb 13, 2015 Home Buying in Brooklyn
Galia Taneva, Real Estate Pro in Cupertino, CA
Galia Taneva answered:
Difference between the "Trulia Estimate" and the actual sale price listed.
A Trulia Estimate is just that: an estimate of a home's worth based on public records (mainly). The actual sale price is the last known sales price for this home. Trulia Estimates are n ... more
0 votes Share Flag Tue Feb 10, 2015 Home Buying in 11217
Kevin, Home Buyer in Brooklyn, NY
Kevin asked:
Any good banks that offer Portfolio Loan in Brooklyn or nearby areas? I am buying a coop that has an entity that own more than 10% of share in the building. So I can only borrow portfolio loan. Are there any banks in Brooklyn or nearby areas that offer this…
0 votes Share Flag Wed Feb 4, 2015 Home Buying in Brooklyn
HelpUBuy Ame…, Real Estate Pro in 75019
HelpUBuy America answered:
How to choose a real estate agent?
Very old question, but the answer remains the same. Hire an Exclusive Buyer Agent to represent you. EBAs represent homebuyers only, so there is no conflict of interest to jeopardize you ... more
0 votes Share Flag Wed Feb 4, 2015 Home Buying in Crown Heights
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
Can anyone recomend a legitimate realtor that has experience with rent to own contracts in Brooklyn NY. Thanks
Hello Criselybello,
You can use any experienced and knowledgeable realtor in your neighborhood. As far as the contract is concerned, speak with a good Real Estate attorney ( I can reco ... more
0 votes Share Flag Wed Feb 4, 2015 Home Buying in 11237
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
First time home buyers. Mortgage broker heard about the house we liked and dumped us. Wanted us to buy a way higher priced home.
Hello,

Sorry about your unpleasant experience. Given you are first time home buyers I would strongly recommend you working with an agent/broker who can guide you through the process ... more
0 votes Share Flag Wed Feb 4, 2015 Home Buying in 11237
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
Could a Family of two get financing for a home up to 200,000, with income of 39,000, having a debt of bout 400 month?
Hello Pablo,
You need to speak with a mortgage broker to get a qualified answer. I can recommend you a few good specialists if you'd like. Please email me for more info,
0 votes Share Flag Wed Feb 4, 2015 Home Buying in 11237
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
why is it that most times when i find a home that i am interested in on Trulia, it is not available anymore when i speak to the agent?
Hello Nechama,
Great question!
Trulia is an amazing website to gather info and browse for properties. However, like almost any other public real estate website it contains a lot of li ... more
1 vote Share Flag Mon Feb 2, 2015 Home Buying in 11213
Sanjeev Ahuja, Real Estate Pro in Floral Park, NY
Sanjeev Ahuja answered:
I am new US Resident and just received my Social Security and ability to get a credit - can I get a mortgage for a house/condo?
It is possible for you to get mortgage. You should discuss the whole picture including employment history for minimum 2 years with a mortgage professional. My contact information is giv ... more
0 votes Share Flag Sun Feb 1, 2015 Home Buying in Brooklyn
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
HOw much can a seller mark up the price on their home?
Hello,
The seller is at liberty to put up the property for sale at ANY price he/she desires. Almost in any given market you will find houses that are priced slightly above/below market ... more
0 votes Share Flag Sat Jan 31, 2015 Home Buying in Sunset Park
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
Why would a seller care if it's an "ALL CASH DEAL"?
For condos/houses : it's all about the closing time.
When there is no mortgage (financing) involved in the purchase transaction the closing time can be brought down to days (given you ... more
0 votes Share Flag Fri Jan 30, 2015 Home Buying in Sunset Park
Natallia Nos…, Real Estate Pro in New York
Natallia Nosovicki answered:
Cash buyout for a gut reno. Is it worth it?
Hello Kathi.,
You need to talk with a knowledgeable mortgage broker regarding financing options. As for the profitability of the purchase, I would suggest talking with a savvy real es ... more
0 votes Share Flag Fri Jan 30, 2015 Home Buying in Brooklyn
Amanda Davis, Other/Just Looking in New York
Amanda Davis answered:
Buy a house with no money down?
Applying for a Zero-Down Mortgage as Low Income Applicant, you should meet with a FHA Loan Officer and determine whether or not you qualify for a special Zero Money Down Loan in your st ... more
0 votes Share Flag Wed Jan 28, 2015 Home Buying in 11212
Sade Llits, Real Estate Pro in 11205
Sade Llits answered:
East New York area of Brooklyn. Is purchasing a 2 fam house for over $500.000 worth it in this location?
No not worth it. Are you looking? email me or give me a call and I can help you. scllits@gmail.com Phone # in profile
0 votes Share Flag Tue Jan 27, 2015 Home Buying in Brooklyn
Riveracarlos…, Home Buyer in Queens, NY
Riveracarlos31 answered:
Help finding FHA-approved condos in Brooklyn?
can you send me a list on fha condos listing...riveracarlos31@yahoo.com
0 votes Share Flag Fri Jan 9, 2015 Home Buying in 11222
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