Home Buying in 10306 : Questions & Answers

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JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
I want to move to Staten Island from Manhattan. I would like to buy a townhouse for under 300,000. Am I being unrealistic? I am 10 years retiremen
Hello MyRee, again the answer is yes, What are you waiting for? I'm ready to assist you. 94 choices await you.
0 votes Share Flag Sun Jul 7, 2013 Home Buying in 10306
Cindy Cheung, Real Estate Pro in Staten Island, NY
Cindy Cheung answered:
what is the standard transfer and stamp tax rate selling a house for $ 585 000?
Hi,
For selling over $500,000 the transfer tax 1.425% .
$ 4 dollars Stamp tax every $1000

if you have any questions, Please feel free to contact me.
Regards,
Cindy
0 votes Share Flag Wed Mar 13, 2013 Home Buying in 10306
Gail Gladsto…, Real Estate Pro in 11743
Gail Gladstone answered:
Can a buyer back out of a home purchase contract and be sued for specific performance?
Brenda,

After Sandy, homes in contract were supposed to be re-inspected to remove any doubts about post Sandy condition.

Can you prove the seller lost their job? What does your a ... more
0 votes Share Flag Tue Jan 8, 2013 Home Buying in 10306
Linda Diaz-B…, Real Estate Pro in Morganville, NJ
Linda Diaz-Beam answered:
can my mother refinance if her only income is SSD? would creditors be notified if she took some money back?
there are many factors considered when seeking a mortgage - not just income. lenders today look at FICO scores, your credit report which shows your debt, credit worthiness, ability to ... more
0 votes Share Flag Tue Jan 1, 2013 Home Buying in 10306
Justine Addr…, Real Estate Pro in New York, NY
Justine Address answered:
who pays condo transfer tax in nyc?
http://www.tax.ny.gov/bus/transfer/rptidx.htm

Hope this helps.

It is assumed that the Seller has to pay transfer taxes on a resale but it could be in negotiation regarding who pay ... more
0 votes Share Flag Wed Jul 18, 2012 Home Buying in 10306
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
will real state prices go up?
Those who have knowledge, don't predict. Those who predict, don't have knowledge.
0 votes Share Flag Sat Sep 10, 2011 Home Buying in 10306
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
Why are property taxes much higher at 145 Lincoln Ave Staten Island, NY, 10306 than at 70 SATURN LN 10314?
Square footage differences, improvements, updated assessments, recent sales, present market value, and tax exemptions all factor in. A potential buyer will need to know the true tax whe ... more
1 vote Share Flag Wed Jun 24, 2009 Home Buying in 10306
Irena Popile…, Real Estate Pro in Staten Island, NY
Irena Popilevsky answered:
we are current in the process of buying a short sale in the midland beach area. the sellers have sent all
Hi Ellen,
I'm not clear about who is handeling this short sale for the homeowner. However based on my experience the final step meens that the bank is reviewing the offer, compariong i ... more
0 votes Share Flag Mon Mar 16, 2009 Home Buying in 10306
Arlene Trunzo…, Real Estate Pro in Staten Island, NY
Arlene Trunzo, BCREP,CRS,e-PRO,GRI,SRES answered:
purchasing a new house at $650,000-. is there a transfer tax between contractor and purchaser? if so what
Hi Gina,

Most builders require the buyers to pay the transfer tax (City tax) and doc stamps (state tax) .
You should check with the builder of the home or your Real Estate agent, i ... more
1 vote Share Flag Wed Feb 18, 2009 Home Buying in 10306
Johnathan Sm…, Real Estate Pro in Staten Island, NY
Johnathan Smith answered:
Buyer Pays Transfer Tax & Stamps..What is it? let say the property price is 470000 in Staten Island..
are you looking at short sales? in most cases the sellers pay them!
0 votes Share Flag Wed Sep 17, 2008 Home Buying in 10306
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