11552 : Questions & Answers

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Peter Viveir…, Real Estate Pro in East Northport, NY
Peter Viveiros answered:
When should we try to get pre-approved for a mortgage? When we have secured the down payment?? We only have $15,000 right now. Do we really need 20%?
Hello CJ,
I always tell buyers the best place to start is with the bank you currently do business. Also, be sure to ask for a preapproval not a prequalify there is a difference. As for ... more
0 votes Share Flag Sat Feb 28, 2015 Home Buying in 11552
Tim Moore, Real Estate Pro in Kitty Hawk, NC
Tim Moore answered:
What is the typical fee that R.E attorneys charge for contract to closing? Also, what copies of what documents should the buyer receive from them?
I find that strange too. I never heard of a flat fee lawyer either. You must have used a lawyer in training. You should always receive a copy of every document you signed at the very le ... more
0 votes Share Flag Mon Feb 16, 2015 Home Buying in 11552
Jeannette Ba…, Real Estate Pro in Brooklyn, NY
Jeannette Batsikas answered:
I was just informed that my ad was duplicated and the asking price was lowered and that my contact info was changed,
Wow that's terrible contact Trulia... Jeannette Batsikas
0 votes Share Flag Tue Mar 25, 2014 Rentals in 11552
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
In a short sale, do banks generally have an issue with the condition that the buyer's property has an offer before the closing?
Good afternoon Bob,

I've been helping First Time Buyers for 23 years as a mortgage professional and I will tell you what I have always told my clients here in New York: If you are a ... more
0 votes Share Flag Thu Apr 25, 2013 Home Buying in 11552
Derek W, Real Estate Pro in Mount Vernon, NY
Derek W answered:
When I contact a realtor via Trulia, is this the seller's realtor which I am contacting? If so, how do I initiate contact with a buying agent?
Hello A.G. PennyFinger - It is central to the homeownership process that you fully understand all the steps involved. To help each client accomplish this we have a homeownership counse ... more
0 votes Share Flag Wed Mar 20, 2013 Home Buying in 11552
Michael Rich…,  in New York, NY
Michael Richman answered:
I saw a house threw the Listing Broker and gave her my offer. Does she have to let know if there is a counter offer?
Hi Vinny,

Yes, the listing broker should let you know whatever the owner's response to your offer is, whether it is accepted, rejected, countered or the owner chooses to not even res ... more
0 votes Share Flag Mon Feb 4, 2013 Home Buying in 11552
Ann Ryan, Real Estate Pro in Doral, FL
Ann Ryan answered:
I signed a contract for a new construction home in Aug and the builder recently dropped the asking price by 20K.
Bils, did you have a buyer's agent in the transaction, or did you rely on the builder's staff?
0 votes Share Flag Sun Feb 3, 2013 Home Buying in 11552
Tracy Santro…, Real Estate Pro in Cary, NC
Tracy Santrock answered:
Can I wait until after the bank accepts my offer on a short sale to have a home inspection and get a lawyer involved?
Most brokers will not recommend that you have an inspection until their are signatures on both sides of the contract. In addition, because short sales could have additional liens on th ... more
0 votes Share Flag Sun Feb 3, 2013 Home Buying in 11552
Nick Gandhi, Real Estate Pro in Stamford, CT
Nick Gandhi answered:
Capitol Gains Tax
Tax consultant (CPA) or tax Attorney is your best bet
0 votes Share Flag Fri Oct 5, 2012 Home Selling in 11552
Daniel Rosen…, Real Estate Pro in West Hempstead, NY
Daniel Rosenbaum answered:
I like a few houses on pinebrook ct in west Hempstead is that a good block to live?
Hi Shea,

Legally agents aren't allowed to 'steer' you towards purchasing or not purchasing on any specific area or block. The best thing to do is drive through the area to check it o ... more
0 votes Share Flag Fri Mar 16, 2012 In My Neighborhood in 11552
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
How do I list my house to sell on the web site? Perhaps I missing something but, I can't seem to find any
Not all realtors are the same--if it's not here I would simply question why.
0 votes Share Flag Fri Feb 13, 2009 Using Trulia in 11552
Stephen Maha…,  in Valley Stream, NY
Stephen Mahabir answered:
we recently purchased a home and are considering our options on the home we have lived in for 13 years. The
You really need to have a heart to heart with a Realtor as there may be too many differing opinions. Having owned your first home for so long you may still be in a good position to come ... more
0 votes Share Flag Mon Dec 1, 2008 Home Selling in 11552
The Tim Wood…, Real Estate Pro in Big Bear Lake, CA
The Tim Wood Group answered:
I am going to put my house on the market. My broker wants me to use a price range (pvrm). Is this really the?
JR, it might be good strategy in your area as I stated. In my area, the agents that use it are not effective. The reason the house for $1.9 sold was not because of the PVRM, it was be ... more
0 votes Share Flag Sun Oct 19, 2008 Home Selling in 11552
Lawrence&She…, Real Estate Pro in Plainview, NY
Lawrence&Sheila Agranoff answered:
We own house outright and have purchased another. Do you recommend renting or selling?
Good for you Jenny...Owning a house outright is terrific! Why did you buy the second house? Did you buy it as an investment? If so, then keep it for a while until the market starts clim ... more
0 votes Share Flag Wed Oct 15, 2008 Home Selling in 11552
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