11432 : Advice

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Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I'm a freelancer, single mom looking for a SFR home, what fees am I looking to incur if Im making a cash offer up to 100k
Closing costs do vary, therefore ask your attorney for a good faith estimate; one can expect attorney fees, title fees, inspection fees, etc.
0 votes Share Flag Mon Jan 30, 2012 Home Buying in 11433
Fajardo Dela…, Real Estate Pro in 11432
Fajardo Delacruz answered:
need to find a rent to own homes in queens, rosedale, springfirld gardens , hollis
Mrs Willams
Just try to find a local agent in the area you might find a few homes.
That are rent to own or he/she migt help you find a great home.
0 votes Share Flag Mon Jan 30, 2012 In My Neighborhood in 11433
Gail Gladsto…, Real Estate Pro in 11743
Gail Gladstone answered:
im looking for an house/apartment in the jamaica queens area for section 8. i cant use a broker because i dont have the fee. can someone help?
When I have assisted Section 8, the Dept of Social Services always took care of my commission. Are you sure that's not the case in Jamaica?
0 votes Share Flag Mon May 16, 2011 Rental Basics in Jamaica
Laura Feghali, Real Estate Pro in Stamford, CT
Laura Feghali answered:
Can husband put in coop application in just his name and put his mane and wifes name on deed?
Hello Km,
If the husband and wife's name are to appear on the deed then both names need to be on the co-op application as they would be the official owners. Best to check with ... more
0 votes Share Flag Sun May 1, 2011 Home Buying in 11435
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
how do I create an LLC to sell when wholesaling an reo in NYC?
Consider consulting with an attorney, he/she can best advise...
0 votes Share Flag Sat Apr 30, 2011 How To... in 11433
Cherri, Home Buyer in Queens, NY
Cherri answered:
Do you think I can get a $120,000 loan from a bank straight out of college to finance a coop apartment?
My full time job starts in mid July 2011 so is it possible to get a loan before full time job starts?
0 votes Share Flag Mon Jan 30, 2012 Home Buying in 11435
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
What are the pros and cons of a rent to own?
I can't think of any advantages to a renter, or at least not many. There are pros for the seller in that the renter normally will not or can not buy the house in the prescribed tim ... more
0 votes Share Flag Mon Feb 28, 2011 Home Buying in 11434
James Harris…, Real Estate Pro in Chicago, IL
James Harris Jr. answered:
I do not want to sell my home, I just need help to fix it. I love it here, But; when it rains it rains through my home and the damage is getting wors
Good Morning Albertine. We may have a perfect solution for you. Wells Fargo offers a refinance and renovate loan. This loan would essentially pay off your existing balance and include a ... more
0 votes Share Flag Tue Feb 8, 2011 Remodel & Renovate in Jamaica
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What is the difference in property values for multi-family in South Jamaica Queens?
Keep in mind that much will depend on exact location, property size, condition, etc., to get a picture of available area properties, check out www.mlsli.com
0 votes Share Flag Wed Dec 8, 2010 Market Conditions in 11433
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Want to buy a home, but have less than 5K for a dp due to upcoming wedding. CS of 662 and AI of 54K, not including fiancee. What are my options? RTO?
Without your overall finances/credit, fiancee information, etc.--If you haven't done so yet, visit with any qualified loan officer(s), see if you do qualify for a loan, the type of ... more
0 votes Share Flag Tue Nov 30, 2010 Home Buying in 11434
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Im thinking about buying in jamaica, they go for less than 200k, i will fix it up and rent it out. currently own my home outright, Good investment????
Consider consulting with your tax professional--he/she can best help you make a determination on any investment, their potential benefits and or pitfalls,etc., as they specifically rel ... more
0 votes Share Flag Sun Nov 21, 2010 Home Buying in Jamaica
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
how can i find out the status of my refund i applied for the 8000 dollar credit for homebuyers MY name is Ghani and my email is Ghfor20@gmail.com
Go to this IRS page and you can check on your refund.
0 votes Share Flag Mon Aug 23, 2010 Home Buying in 11436
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
what is the realtor commission?
A fee contingent upon closing the sale of real estate and the amount can vary substantially depending upon which Realtor is hired and what services will be performed in exchange for the ... more
0 votes Share Flag Mon Aug 16, 2010 Home Selling in 11432
Patrick Thies…, Real Estate Pro in Elmhurst, IL
Patrick Thies SFR, CNC answered:
Is it possible for a bank to consider other offers AFTER they have "accepted" an offer and mls listing shows the house sale is pending?
Technically all offers can be submitted up until the time of closing. If the first contract is past attorney review and all contingencies have been met, then any other offer would be ... more
0 votes Share Flag Fri Sep 11, 2009 Home Buying in 11432
Dana Schuster, Real Estate Pro in 70458
Dana Schuster answered:
A buy wants to purchase my home for 350k, but my appraisal came back at 320. Will the bank give them a loan?
no,the bank cannot loan more than the appraised value. if they want the house at that price,they will have to come up with the additional 30K themselves.
0 votes Share Flag Sat Mar 3, 2012 Home Selling in 11434
Voices Member,  in
Voices Member answered:
If I purchase a home for $250,000 & the interest rate is 7% for a 30 year Mortgage, what is the final cost ?

just under $600,000

That is right, a home for you and two homes for the banker.

Banks love debt slaves.
0 votes Share Flag Tue May 26, 2009 Home Buying in Jamaica
Janine Bowen, Real Estate Pro in Ulster, Greene, Dutc...
Janine Bowen answered:
Will banks make repairs on "As Is" homes?
It depends on the bank, but most of them will try to make the house mortgageable if the offer is good enough. If the price is so ridiculously low, however, that it will sell to an inve ... more
0 votes Share Flag Sun Apr 26, 2009 Foreclosure in 11432
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
how to getin this school?
Contact the school's main office. They will be able to provide you with the correct information.
0 votes Share Flag Thu Mar 26, 2009 Home Buying in 11434
Tom McGiveron, Real Estate Pro in Patchogue, NY
Tom McGiveron answered:
I know a lot of real estate agents put their contact info in posts - but call me - I will refer you to someone who can help - 877 765 3123, ext. 51 -

If I was to assume that you hav ... more
0 votes Share Flag Mon Jan 30, 2012 Home Buying in 11433
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