My name is Tom McGroder, ABR . I'm Licensed Real Estate Broker and Owner of Thomas J. Real Estate Inc. I know the Amsterdam area very well and would be happy to assist you in your search. I just checked my records for 292 Guy Park Ave and found it was last sold in 2006. I would be happy to talk to you about this property and other listings in the Guy Park Ave. area. When you get a chance call me at 518-863-4691 or e-mail me firstname.lastname@example.org http://www.thomasjrealestate.com
Guy Park Avenue is an interesting neighborhood consisting of massive mansion type homes down to smaller residences. It's a quiet residential neighborhood with St. Mary's Hospital being located on the west end of it. Because of the huge variation of homes in this area it may not be accurate to use some of these homes as comps. Be very careful that you are considering similar homes for your comparison.
Your concerns about being able to qualify for a loan on a home that does not appraise for the loan amount...banks can not entertain this consideration. They will base the ability to make you a loan on the amount this home will appraise.
Regarding community safety...the best source for this information is the local police department or county sheriff's department.
Thank you for you inquiry. I will be happy to assist you in your property search and answer any of your questions. Looking at the MLS this is a Victorian home in excellent condition and has been recently renovated. Because of the condition of the home it does make a difference with comps. You can put an offer in on the property. It has been on the market for 146 days. The bank would make the ultimate decision before loaning the money. It must appraise at the amount of the loan or close to it, if you plan on contributing money towards the home. Before a bank will lend you the money. And if the bank appraises the home below asking price you have a bargaining tool. With today's market it is unpredictable how a seller will respond to a lower offer.
Please email me directly and I will be happy give you the information you requested about the area. and property. I look forward to working with you.