Titus:
As Sil mentioned, the Hamlets in Nanuet has units that may fit your needs. There are also other complexes in Rockland County that are close to NYC that are asking less than $400K. The post below from Louis in Valley Cottage is probably one of the complexes I was thinking of.
I would be happy to help you in your search. Please feel free to call me at (845) 709-3246 or send me an e-mail at russ.paquette@prudentialrand.com.
I wish you the best of luck,
Russ Paquette
Prudential Rand Realty - Sat Sep 6 2008, 11:24
Jane:
Have you considered looking just over the NY/NJ border in Pearl River or Orangeburg. I did a quick search of the MLS, and there are a few properties in New York which may suit what you are looking for. Even though I live in Park Ridge, NJ, I work in Pearl River, NY (basically covering both sides of Montvale), and would love the opportunity to help you find a home for you.
Please feel free to call me at (845) 709-3246 should you have any questions about the area.
You can't look at average ratios of list price to sales price. Every home and every seller's motivation are different. Homes that are priced right sell. Homes that aren't priced right, don't.
You need to be working with a professional who can tell you what the home is worth by looking at the recent sales history in the area as well as having a knowledge of the surroundings.
I know New City very well, and I can help you find the right place for you to call home and helpp you get it for the right price.
Here are a couple points to consider:
1) Real Estate is cyclical. While prices are going to go down in the short term, if you plan on staying there for ten years, you will be able to see a profit then.
2) The most important factor that many people miss is the expected increase in interest rates. a 0.25 - .5% increase in mortgage rates will wipe out any savings from prices falling, if not even mean a greater monthly payment.
The fee is typically one month's rent as posted already, but it in NY, it is usually paid by the tenant and not the landlord. You can confirm if this is the case with an agent in your area. Even if you have to pay it, it is worth it to increase the amount of people who would know it is available. - Tue Aug 19 2008, 09:14
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