Home Buying in East Harlem : Questions & Answers

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Jessie Bonap…, Real Estate Pro in 10023
Jessie Bonaparte answered:
I have a large studio in a good location in E Harlem. Would it be better to rent it out or sell now that prices have come up?
Renting or selling decisions can be answered by considering personal financial needs. Taxes, income, assets, cash flow, these issues are all major topics that need to calculated when ma ... more
0 votes Share Flag Wed Aug 27, 2014 Home Buying in East Harlem
Francisca M.…, Real Estate Pro in New York, NY
Francisca M. Tayag answered:
My parents (in Korea) want to buy a house for me (leaving to NY soon) to live. We are all foreigners with cash ready for our new house. And next?
Dear Sunha Jeon,

Although I am experienced in foreign transactions, I highly suggest you speak with a legal professional, a real estate lawyer adept in foreign buying issues and/or i ... more
0 votes Share Flag Fri Jan 17, 2014 Home Buying in East Harlem
Vandana Ranj…, Real Estate Pro in New York, NY
Vandana Ranjan answered:
Are maintenance fees included in the mortgage or are they a monthly/ quarterly/ yearly fee?
Maintenance fee is part of coop apartment dues which is a separate fee, not included in mortgage. It is a monthly fee. The maintenance fee covers the employees salary, underlying buil ... more
0 votes Share Flag Mon Jul 8, 2013 Home Buying in East Harlem
Jenet Levy, Real Estate Pro in 10012
Jenet Levy answered:
how much is the maintance fee/m?
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0 votes Share Flag Mon Jul 8, 2013 Home Buying in East Harlem
Gabrielle Ev…, Real Estate Pro in New York, NY
Gabrielle Everett answered:
HELLO, I am a 27 year old single mother of two. I was born and raised in East Harlem, and I am truly interested in buying property of my own. The
That all depends on your financial situation and your credit history. If your credit is up to par there are many programs available to help first time homebuyers get into a home. If y ... more
0 votes Share Flag Thu Feb 28, 2013 Home Buying in East Harlem
Katherine (K…, Real Estate Pro in Harlem, New York, NY
Katherine (Kate) Shindle answered:
Will the value of lottery 1bd co-op in East Harlem rise? Is it safe to buy knowing that in15 yrs my retirement will not be enough to pay 800mtn &?
In your situation (and I am a HUGE advocate of buying vs. renting), be very careful.

Many HPD/HDFC lottery programs require their "winners" to pay back a substantial portio ... more
0 votes Share Flag Mon Jan 7, 2013 Home Buying in East Harlem
winterdonosh…, Both Buyer and Seller in New York, NY
winterdonoshio answered:
what is this property worth now approx?
if you want to see it email me
0 votes Share Flag Sun May 27, 2012 Home Buying in East Harlem
Voices Member,  in
Voices Member answered:
What this the market value of one bedrrom apartment in a new building in east harlem , around East 111 Street?
A good estimation of market value for any given property depends on many factors including location, size, layout, ceiling height, light, views, materials, finishes & amenities. It ... more
0 votes Share Flag Thu Feb 3, 2011 Home Buying in East Harlem
Yocari Lara, Real Estate Pro in 10013
Yocari Lara answered:
Hi, I am hoping to be a first time home buyer in (NYC) Manhattan. Is it still possible for someone with a?
In short, yes.

However, the long answer sounds like a disclaimer - "every purchase is assessed on a case-by-case basis" meaning that it really depends on several things that the ot ... more
1 vote Share Flag Mon Apr 20, 2009 Home Buying in East Harlem
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