11216 : Questions & Answers

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Jamil Acosta, Renter in Brooklyn, NY
Jamil Acosta asked:
I'm currently looking for a 1bedroom apartment or Studio in Brooklyn, but im covered by HRA public assistance and i can't seem to find any. the benefits cover security deposit first month and brokers fee
0 votes Share Flag Sun Jan 18, 2015 For Rent in 11216
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
How is rent calculated?
One looks around the area where you are to see what others are paying and then the owner decides to ask for an amount. If 100 people apply then they know they asked to little. If no one ... more
0 votes Share Flag Sat Jan 3, 2015 Rentals in 11216
John Arendsen, Real Estate Pro in Encinitas, CA
John Arendsen answered:
Will i have problems insuring a condo if I use (or rent) a recreation room in the basement level as a bedroom?
Not sure how that would impact your insurance. Best to contact some insurance brokers directly.
0 votes Share Flag Sat Dec 20, 2014 Home Insurance in 11216
Daria Kolomi…, Real Estate Pro in Brooklyn, NY
Daria Kolomiiets answered:
Interested in 883 Park Place & similar properties...
Good Afternoon! If you are still looking for a property, please, fill free to contact me. Have a great day!
0 votes Share Flag Wed Feb 26, 2014 Home Buying in 11216
Sarit Davidov, Real Estate Pro in Brooklyn, NY
Sarit Davidov answered:
Looking to purchase properties in Queens or Brooklyn New York. looking for distressed and short sales. All cash buyer. Access to 10 million cash.
I HAVE OVER 65 HOUSES IN BROOKLYN
CALL ME 718-664-0295
0 votes Share Flag Wed Feb 12, 2014 Foreclosure in 11216
Samuel Gold, Real Estate Pro in Bedford - Stuyvesant,...
Samuel Gold answered:
How does a property being landmarked affect the ability to change a C of O from a 4 family to 3 family in Brooklyn? What is the average cost / time?
Good Morning!
Only outside changes of your building, such as front facade, windows, doors, columns, architraves and other outside details, need a permission from Landmark for renovatio ... more
10 votes Share Flag Thu Jan 23, 2014 Home Selling in 11216
Carl Medford, Real Estate Pro in Fremont, CA
Carl Medford answered:
should a NYC title search (performed by a respectable title company) reveal if an extension to a 2 family building is legal or not?
A trip to your local building department to check all existing plans and permits will usually provide the answers.
0 votes Share Flag Fri Sep 20, 2013 Home Buying in 11216
Kathryn Lilly, Real Estate Pro in Brooklyn, NY
Kathryn Lilly answered:
Can I find a 3 Br. apartment in Prospect heights for $1800 or less per month?
No, sorry to say.
You may find it in Crown Heights, that some will market as Prospect Heights.
Other areas to look is Prospect Park South & Ditmas Park or Sunset Park. All have good s ... more
1 vote Share Flag Mon Jul 22, 2013 Rentals in 11216
Liani Greaves, Real Estate Pro in Brooklyn, NY
Liani Greaves answered:
I am looking to rent a room month to month
I'd suggest Airbnb.com...go for places with great reviews.
1 vote Share Flag Wed Apr 3, 2013 Home Buying in 11216
Continental…, Real Estate Pro in Brooklyn, NY
Continental Properties answered:
seeking a church building to rent or to purchase. in bedstuy, eastflatbush and surrounding area. should be big enough to seat 100-150 people or more?
We have a great property Brooklyn, NY lot size 90x55. Currently in the Process of becoming a house of worship.The property offers about 12, 400 sq ft of usable space.


Mike Sarhan ... more
0 votes Share Flag Tue Dec 4, 2012 Home Buying in 11216
Jack Menashe, Real Estate Pro in Brooklyn, NY
Jack Menashe answered:
landlord selling building still under lease
read your lease, I have had some landlords propose a lease that may be cancelled if the property is sold...
0 votes Share Flag Thu Nov 22, 2012 Home Selling in 11216
Rob Spinosa, Real Estate Pro in Mill Valley, CA
Rob Spinosa answered:
Once your rate lock expires are you required to extend it?
Derit!

A couple of things to keep in mind when you view this through the lender's eyes:

1) Discuss the costs for extending the rate lock with your loan agent before the lock ... more
0 votes Share Flag Sat Feb 11, 2012 Home Buying in 11216
David Rogoff…, Real Estate Pro in Brooklyn, NY
David Rogoff and Bonnie Chernin answered:
Is it usual to have a developer require you to be pre-approved by their preferred lender before they consider your offer?
Dear Monique:

This is a common occurance.

Since the preferred lender will underwrite the loan they will be asking for the full monty of documentation such as pay stubs, tax return ... more
0 votes Share Flag Tue Jun 21, 2011 Home Buying in 11216
Spirit Messi…, Real Estate Pro in 85716
Spirit Messingham answered:
Planning on purchasing a home and what to know how dependents on your tax return effect your mortgage application?
Talk with a lender and a certified account, no real estate agent has any business answering these questions. Good luck.
0 votes Share Flag Mon Feb 7, 2011 Home Buying in 11216
ALBERTO S., Real Estate Pro in New York, NY
ALBERTO S. answered:
much should a buyer’s broker commission be and at what point do they receive it?
@muss-buyers brokers and listing broker are two different commissions, and byer brokers commission is paid by the buyer, not the seller. buyers agent is paid by listing agents listing. ... more
0 votes Share Flag Wed Feb 2, 2011 Home Buying in 11216
Charles D'Al…, Real Estate Pro in 11210
Charles D'Alessandro answered:
What would be the best way to go about getting a mortgage or an agreement in principal? Is it best to go through a mortgage broker or through banks?
Question? Is the property in the USA OR London? If you need to get a Mortgage in the USA there are certain requirements, for that you might talk to a mortgage banker . i would advise th ... more
0 votes Share Flag Mon Jun 7, 2010 Market Conditions in 11216
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
i have a question regarding shortsale approval letters
The sellers' attorney is in a better position to acquire the the shortsale approval letter from the bank--the sellers' agent can try as well, but the attorney can get it done ... more
0 votes Share Flag Thu May 6, 2010 Home Buying in 11216
Rhonda Holt, Real Estate Pro in Brooklyn, NY
Rhonda Holt answered:
Trying to understand how to be an informed buyer. I'd like to know all the rules and regulations attached to my potential home, but it seems with
Hello, all I have to say is, you better believe it. The offering plan is the BIBLE of condos and co-ops and to many sellers sit it in the corner to collect dust or throw it away. As an ... more
0 votes Share Flag Tue May 4, 2010 Home Buying in 11216
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