You are most likely under no obligation to own the home for a period of time. The mortgage may require that it is your primary residence for a period of time but that doesn't apply if you sell it. The problem will most likely be that after paying a sales commission and closing costs you will lose money. Depending on how much you put down you may need to kick in money at the closing to get the mortgage paid off. Talk to a local agent to get an idea of the financial impact.... more
Hi, White Plains has many different neighborhoods and some have appreciated more then others. The Highlands, Gedney Farm, Rocky Dell, Rosedale, and Hillair Circle areas tend to command a higher dollar then others. In order to properly give you a value I would have to walk through the home, note the condition, location, size, and area, then give you a good range of value.
There were 635 sales in 10605 the past five years and in 2010 the market was a little more stable then previous years. The past two years we have seen tighter inventory levels so prices have been driven up due to high buyer demand.
We are officially in a sellers market again so the lack of inventory will help you get a higher price. Once the condition and all otter important factors are noted then you can determine a fair market price. I hope this helps. Have a great day!
William Raveis Legends Realty Group - 914.406.9023
Westchester County Real Estate Consultant For "Buying & Selling" With the Property Brothers on HGTV
I am not a realtor but a resident of the Fisher Hill neighborhood since 1964 when my parents bought a home here. My husband and I bought that home in 1980 where we raised two children who attended the city schools and graduated from WPHS. It is a wonderful, diverse, interesting neighborhood to live in and I still remain here. Rochambeau is a beautifully maintained, cornerstone of our neighborhood which now houses Universal Pre-K programs as well as the alternative high school. They all seem to be getting along within the building and neighborhood. If you had bought a home here I bet you would be enjoying it now
Properties with lenient sublet rules?I'm looking to purchase a few investment properties in White Plains(or surrounding areas) and was wondering if there were any co-ops or condos that dont require you to occupy the residence
As a retired, utilities i.e. cable, electricity are not included in the rent. I would check with local colleges to see if rooms for rent are available. Brokers in Westchester only deal with renters looking to rent entire apartments - not a single room and credit history is verified along with employment verification. I also have to inform you that realtors are required to obey Federal and New York State Fair Housing laws and cannot discriminate based on your question.... more
You don't mention anything about price points. My recommendation is to speak with a mortgage professional so you know what you can afford and contact an agent at a reputable agency. Once you have a dialogue, you should have a clearer understanding of how and where to move forward. If you would like, you can contact me and we can discuss your situation.... more
Can Landlords Ban Marijuana?In 2014 Gov. Cuomo of New York State legalized a limited medical marijuana policy. The law allows some producers and dispensaries for medical purposes and authorizes patients with one of
Hi: Usually attorneys cost around $1,000-$1,500, you can also sometimes find them cheaper if you shop around. Additionally, closings costs are approximately 2% of the purchase price. You should always ask your attorney for a "Good Faith Estimate" of closing costs when you get closer to your closing date so that you can know for sure how much you need. Hope that helped! Sincerely, Michael F. Levy, Principal Broker, Grand Lux Realty, 914-273-9688, www.GrandLuxRealty.com.... more
Hi Al. I have knowledge of Westchester County having grown up just off Weaver St (New Rochelle/Scarsdale border), lived in Chappaqua for approx 20 years, raised 4 Gen Y kids
(hence was ALL OVER for sports, music, academic, medical challenges etc...). I'm a great
resource, speak French and can be of great service to you and your family. Why don't you
give me a call? (by the way, when I returned to NY, I relocated with a young family after having lived out of NY for 17 years, so I can identify with the stresses and unfamiliarity
of a new area). I now live in White Plains after downsizing. I'd love to assist.
(914)329-6452 ;Barbara.Blitstein@Raveis.com... more
Reo property vendors need to have complete knowledge of propery preservation so that they deal perfectly with the buyers and provide them what is best for them. We provide you the best vendors to take care of all your needs.
I note you're a Broker, so you should be able to post your listings if their not automatically being posted through your MLS system. After filling out the first page there are links on the left had side to continue entering photos, etc. Work you're way through all of them. It will tell you once it's posted though it can take a few minutes to actually show up live.... more
The monthly maintenance is primarily based on the amount of shares you have, your pro rata share of the buildings overall property taxes, and amenities. that being said, it's really hard to give you an average without locating specific properties.