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Mike Webster, Real Estate Pro in Portland, ME
Mike Webster answered:
I have $150,000 in cash. Pay cash for a duplex or buy two with 50% mortgages?
The strongest way to leverage your cash is definitely to buy 2 or 3 multi families with mortgages on each. If you get 15 year mortgages, you can pay it off quickly and you will get a l ... more
0 votes Share Flag Sun Oct 24, 2010 Home Buying in Rochester
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
If I am sued, how much can I be sued for if my rental property is bought thru a LLC?
Protect yourself --regarding any legal issues your best source of advice is an attorney.
0 votes Share Flag Thu May 30, 2013 Home Buying in Strong
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
What is difference between preforeclosure or foreclosure?
In a pre-foreclosure/short sale the owner tries to sell the property before the bank takes it away --in this case, ultimately the bank decides on which bid to accept, reject or counter ... more
0 votes Share Flag Wed Feb 10, 2010 Home Buying in Strong
Housexpert, Real Estate Pro in Rochester, NY
Housexpert answered:
If you had $150,000 to invest in real estate in Rochester, where would you buy and what type of property would you buy?
I am an investor/property manager and also prefer single family homes to rent out for some other reasons as well- there is less turn--over. People are less likely to move b/c they are n ... more
0 votes Share Flag Wed Mar 24, 2010 Home Buying in Rochester
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
I am selling and the buyer is doing sonyma. How long till we close?
Chyrisse you may want to check with your Realtor®. Do you know which of the six programs currently offered the buyer is using?
0 votes Share Flag Sat Feb 6, 2010 Home Buying in Rochester
Kristen Wahl, Real Estate Pro in Rochester, NY
Kristen Wahl answered:
Look for a single family house near Strong hospital
Hi Jeff,

You're right, the inventory near the U of R is very low right now. It's a very popular area, so homes tend to sell quickly. My office lists a large percentage of ... more
0 votes Share Flag Fri Apr 23, 2010 Home Buying in 14620
Mike Conner, Real Estate Pro in Olympia, WA
Mike Conner answered:
Looking to buy a few multi family in Rochester for income.
Sara, first of all good luck with your investment plans! I hope you get some great answers here that will help you make a good decision. If you need help finding a local Realtor with ex ... more
0 votes Share Flag Sat Feb 6, 2010 Home Buying in Rochester
Sean Dawes, Other/Just Looking in Philadelphia, PA
Sean Dawes answered:
My girlfriend and I have an accepted offer on a house and were set to close. Two days before closing the attorney called us and said the seller owes
I am not licensed in NY but let me just ask this/mention this.

Is the home listed with a realtor now? Wouldnt they have asked the seller what they owe, show them a estimated closing ... more
0 votes Share Flag Tue Jan 19, 2010 Home Buying in Rochester
Voices Member,  in
Voices Member answered:
I want to relocate to Monroe County, NY. Can you tell me the city/town that would have the lowest property taxes but is still a nice place to live?
The school taxes are the culprits, along with the assessments. The smaller the school district the lower amount each property owner will contribute. The assessments on each home, in e ... more
0 votes Share Flag Fri Jun 28, 2013 Home Buying in Rochester
Linda Akers, Real Estate Pro in Rochester, NY
Linda Akers answered:
I want to relocate to Monroe County, NY. Can you tell me the city/town that would have the lowest property taxes but is still a nice place to live?
The town of Henrietta in Monroe County is one to look at. Visit AkersSellsHomes.com to view properties and learn more about the areas. Feel free to give me a call to discuss the tax cre ... more
0 votes Share Flag Thu Jan 14, 2010 Home Buying in Rochester
Jim Adams, Real Estate Pro in Rochester, NY
Jim Adams answered:
is this house on brandy brook ln really for sale for 500 dollars if it is i would like to offer 1000?
I do not see any home listed for this price. There must be an error on the listing.
Do you know the number on the street?
0 votes Share Flag Mon Jan 11, 2010 Home Buying in Rochester
Cindy , Real Estate Pro in Rochester, NY
Cindy answered:
The home prices in the 19th Ward seem so reasonable. Is there a GOOD reason not to live in that area?
Marilyn,
As Chairperson of the RCF-Realtors Charitable Foundation, I am very involved with NeighborWorks! They are currently doing a third spot neighborhood that is located in the 19t ... more
0 votes Share Flag Fri Jun 15, 2012 In My Neighborhood in 19th Ward
Rberkman, Home Buyer in Penn Yan, NY
Rberkman answered:
The home prices seem so reasonable in the 19th Ward. Is there a GOOD reason not to look there for a home to purchase?
Well, I hate to say this, but there have been more crime problems there--sadly--so be cautious about the street you buy on. But the homes are gorgeous and a great deal for the money...
0 votes Share Flag Thu Feb 4, 2010 In My Neighborhood in 19th Ward
James Gordon…, Real Estate Pro in Cincinnati, OH
James Gordon ABR PBD SFR SRS answered:
hello I have a really quick question? I'm wondering if its possible to buy a house if someone is still paying mortgage on itcontact me via
Stefon that is how most homes are sold! The mortgage gets paid off at closing by the funds that the seller receives from the buyer. The attorney takes the amount need from the money tha ... more
0 votes Share Flag Mon Dec 14, 2009 Home Buying in Rochester
Raymond Camp, Real Estate Pro in 14580
Raymond Camp answered:
can we buy a house in a month?
Stephanie, It would depend on a number of items; mortgage approval, will ii be an FHA mortgage. If I may be of assistance feel free to contact me.
Thank you,
Raymond Camp
0 votes Share Flag Tue Nov 17, 2009 Home Buying in Rochester
Robert Kirby, Real Estate Pro in 14626
Robert Kirby answered:
How do I negoiate with a custom home builder?
The problem with new consturction is the builder has fixed cost for the marterials to build your home. The builder's supplier's and sub's have a cost. In todays market , ... more
0 votes Share Flag Wed Oct 7, 2009 Home Buying in Rochester
B, Home Owner in Minneapolis, MN
B answered:
I am a single woman who just purchased a home in the city. I am interested in what home improvement grants are available for city home owners and am
http://www.nysar.com/content/consumers/affordablehousing.htm

You need to make some calls. Someone will have the answer.
0 votes Share Flag Fri Nov 13, 2009 Remodel & Renovate in Rochester
Jeannine Whi…, Real Estate Pro in Rochester, NY
Jeannine Whitaker answered:
What is considered "good activity" with regards to # of showings, # of second showings, # of offers, and # of people coming to an open?
Hi Aks!
I would have to say that activity varies from area to area, condition and price. Your activity seems pretty good without knowing more info! I see that this questions was asked ... more
0 votes Share Flag Fri Nov 9, 2012 Home Selling in Rochester
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
can you list crimes in 14624 for past year by catergories of violent, theft, petty theft, etc.?
Lori,

Your best resource for this information is possible the local police department or county sheriff's department. They have access to the most accurate and current informati ... more
0 votes Share Flag Fri Nov 9, 2012 Crime & Safety in 14624
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