Home Selling in 11222 : Real Estate Advice

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Margaret Ama…, Real Estate Pro in Sarasota, FL
Margaret Amador answered:
Can a short sale work if you owe 2 separate lenders 600K and the home is valued at 425k?
It depends whether this is your home or an investment property. A short sale always works if the net to the lender is higher in a short sale vs a forclosure. You may be asked to sign ... more
0 votes Share Flag Thu Oct 25, 2012 Home Selling in 11230
Steven Seidm…, Real Estate Pro in New York, NY
Steven Seidman answered:
I owe 2 lenders 600K on a Brooklyn property where the market value is 400K, can a short sale work here?
Yes a short sale can work I gather the bulk is to the first ,well lets start with the begining You need a agent who knows how to price a short sale number two we need to see if water pr ... more
0 votes Share Flag Fri Nov 30, 2012 Home Selling in 11221
Tracey Simms,  in Harford County, MD
Tracey Simms answered:
I am in receipt of a section 8 voucher and am looking for at least a 4 bedroom, 2 bathroom townhouse or
You should contact a local Realtor in the area that you are looking in. Try to find company that also handles property management because they will have much more experience with sectio ... more
0 votes Share Flag Sun Apr 11, 2010 Home Selling in 11234
Gail Gladsto…, Real Estate Pro in 11743, NY
Gail Gladstone answered:
Can I list my apt for sale on Truilia (I am not not an agent)? What is the price?Thanks,Alex
No, you cannot. You also cannot list on the Multiple Listing Service or 30 or 40 other global websites. And why would you possibly even think of wanting to take on this process withou ... more
0 votes Share Flag Wed Nov 25, 2009 Home Selling in 11234
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
Where is the best place to list for sale by owner?
Dear Mreyes:

Your best bet would simply be www.craigslist.com. That is the "mother of all" for sale by owner web sites especially here in Brooklyn, specifically Park Slope. You will ... more
0 votes Share Flag Wed May 4, 2016 Home Selling in Brooklyn
Mreyes, Home Seller in Brooklyn, NY
Mreyes asked:
Can owners list on Trulia?
0 votes Share Flag Thu Jun 11, 2009 Home Selling in Brooklyn
Charles DAle…,  in Brooklyn, NY
Charles DAlessandro answered:
WHAT IS THE AVERAGE MARKETING TIME FOR 3-4 FAMILY 1,000,000 AND ABOVE HOMES IN GREENPOINT.?
With the current financial enviornment there are so many question that go along with the question. If it makes sence as far as income ,location condition the area is still alive and kic ... more
0 votes Share Flag Wed Jun 3, 2009 Home Selling in Greenpoint
David Ryan, Real Estate Pro in Atlanta, GA
David Ryan answered:
The seller promised to deliver a house vacant. Why would the seller's attorney put the tenants in the?
Sandra - This could be because the seller does not want the headache of telling them to vacate. It could also be because the seller is not ready to take the risk of losing paying tenan ... more
0 votes Share Flag Thu May 28, 2009 Home Selling in Brooklyn
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
What is the current selling price for 2 bedroom coops in Sheepshead Bay Brooklyn?
Dear Retired Lady:

Right now two bedroom co-ops in Sheepshead Bay are selling for anywhere from $125,000 to $250,000 or more. There are many factors that come into play when trying t ... more
0 votes Share Flag Fri May 22, 2009 Home Selling in Brooklyn
J Douglas Mo…, Real Estate Pro in Douglaston, NY
J Douglas Montgomery answered:
I already asked this but nobody answered me!
Anne,

The best sourse of information regarding your questions would come from your accountant.
Best of luck

Douglas Montgomery
Broker/Owner
0 votes Share Flag Sun Apr 26, 2009 Home Selling in Brooklyn
David Rogoff…,  in Brooklyn, NY
David Rogoff and Bonnie Chernin answered:
I am planning to put my 1 bedroom co-op up for sale soon.
Hi,

It all depends what you paid for it when you purchased it. We recently went to contract on a 1 BR in the heart of Kensington, on Ocean Parkway between Cortelyou Road and Avenue ... more
0 votes Share Flag Thu Dec 27, 2012 Home Selling in Kensington & Parkville
Elaine Cooper, Real Estate Pro in Brooklyn, NY
Elaine Cooper answered:
Is it true that some co-ops ask that you pay 5% of what your co-op is worth when you sell it??
Hi Harold,

I believe what you are referring to is the "Flip Tax" that some coops charge. A flip tax is a fee (usually from 1% to 5% of the sale price), that a shareholding who is se ... more
0 votes Share Flag Thu Jun 18, 2009 Home Selling in Brooklyn
Adina Greenb…,  in New York, NY
Adina Greenberg answered:
How can I find out home closing prices from 2001-2004 time period for a specific block radius in Park Slope?
You can go to Acris.com if you know the block and lot numbers. It's not a very friendly system but the most accurate. An other option is www.streeteasy.com . If you don't find all the i ... more
0 votes Share Flag Mon Mar 16, 2009 Home Selling in Park Slope
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
WHERE CAN I ADVERTISE MY CO-OP FOR SALE FOR FREE ?
By simply asking this question on Trulia you have advertised your co-op in some respects because myself and others will be aware that you are selling a co-op! With regard to marketing i ... more
0 votes Share Flag Sat May 4, 2013 Home Selling in 11230
Gail Gladsto…, Real Estate Pro in 11743, NY
Gail Gladstone answered:
What percentage of the commission does the real estate agent get when a house is sold, In New York State?
Commissions are neither standard nor may they be legallly discussed. Each Realtor charges should be based on what they believe their services are worth.
0 votes Share Flag Wed Apr 17, 2013 Home Selling in Brooklyn
Dallas Texas, Real Estate Pro in Dallas, TN
Dallas Texas answered:
Help! I need refinance ASAP
Contact a mortgage broker have all your financial records available you might be able to close within 15 days.
0 votes Share Flag Wed Jan 28, 2009 Home Selling in 11238
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
Is there a proper/fair way of holding onto a tenant in the event a rental property does not get sold?
Usually what I like to do would be to 1) Inform the tenant that we the property is for sale and there may be a chance that when the property gets sold, the buyer may need for the proper ... more
0 votes Share Flag Fri Nov 21, 2008 Home Selling in Brooklyn
Keith Sorem, Real Estate Pro in Glendale, CA
Keith Sorem answered:
can I enter rental listings on trulia & How?
Paul
If you are a broker there are feeds you can set up from your internal website/MLS. If you have a lot of listings that type of arrangement might be more efficient than individual ... more
0 votes Share Flag Sat Nov 7, 2009 Home Selling in 11218
Gail Gladsto…, Real Estate Pro in 11743, NY
Gail Gladstone answered:
How can I list my rental?
Find a Realtor. The tenant pays commission, so you will not have any out of pocket expenses.
0 votes Share Flag Sat Mar 27, 2010 Home Selling in Mill Basin
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