Property Q&A in Rochester>Question Details

Joe Valenti, Home Buyer in Rochester, NY

Im looking for a property around Cobbs hill. something in the 120's Joseph_J_Valenti@hotmail.com

Asked by Joe Valenti, Rochester, NY Mon Jan 5, 2009

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This question is about this property: http://www.trulia.com/property/1072145771-48-Oxford-St-Roche…

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2
Joseph: There's not alot available near Cobbs Hill right now. All I could find in the price range thats close is a double at 22 Pinnacle Rd. I'll keep an eye open for new listings as they come up. George
0 votes Thank Flag Link Wed Jan 7, 2009
Joseph, This property seems to hane two houses on one lot. Please be careful. The city may not let you rebuild if one structure has a fire and the rebuild cost is 60% of its value. Which is easy with assessed values. Lenders may not put a mortgage on this property becouse the appraiser will verify that the structures can be rebuilt. Also the comp problems, some banks will only use the value of one of the structures. also the City Of Rochester may have or will site that units were unoccipied for more than 6 months and change the zoning on the property. This happens offen. You may have to convert the homes back to a single. Please call City zoning before You offer. This very well may be a great property to buy. Please use an experianced Agent for your purchase that represents you and has accountability to you.You have the right to have your agent show you thier errors ins. You never know! I sell about 3 investment properties every week. I'm the top agent for closed transaction RE/MAX NY.last 2 years. If you contact me I can help you find a great buyers agent and supply you with a list of the top 10 agents selling investment properties from all companies. I'm not taking on any new buyers at this time. My referrals base and direct refferals are all I can handle at this time. BOB KIRBY BROKER RE/MAX FIRST 585.719.3540 Why not put my 33 years of experience to work for you.
0 votes Thank Flag Link Tue Jan 6, 2009
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