Forest Hills : Questions & Answers

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Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
Is it inadvisable to use an FHA loan under the current buying environment? Also, what are the type of properties one can purchase if one uses FHA?
Hi, The FHA is still extremely popular. The one thing that has changed recently is their upfront mortgage insurance premiums and monthly premiums. They have gone up 4 time over the pa ... more
0 votes Share Flag Fri Apr 5, 2013 Financing in Forest Hills
Mr_real_esta…, Real Estate Pro in New York
Mr_real_estate answered:
Can I use the rental of one of the bedrooms as income on a single family house?
No you absolutely cannot use the rental income from a single family to help qualify for a mortgage. This is only allowed on 2 or more units. If you need to discuss what can be done to h ... more
0 votes Share Flag Fri Mar 22, 2013 Home Buying in Forest Hills
Lucky Davids…, Real Estate Pro in Queens, NY
Lucky Davidson answered:
i am looking for condo or no board co op at forest hills
Yes.you can buy with tenant. I have 4 apartments in the same building. Tetants pay from $1200 to 1450 rent
0 votes Share Flag Mon Mar 18, 2013 Home Buying in Forest Hills
Rhona Magelo…, Real Estate Pro in Queens, NY
Rhona Magelowitz answered:
Does anyone have any information on the Dorian building? How can i get the financial statements?
The Dorian Co op was converted years ago by The Parisi family. The managing agent will be able to provide a shareholder with the financials.

I am the Treasurer of the co op in which ... more
0 votes Share Flag Tue Jan 29, 2013 Home Buying in Forest Hills
Boris Bast, Real Estate Pro in New York, NY
Boris Bast answered:
We would like to sell our 1 bedroom coop in Kew Gardens. After several building improvements over the last two years, our building's reserve
I operate a local site KewGardens.com and can help you sell your unit. You can contact me at 917-539-6005 Boris for further information.

Boris Bast
917-539-6005 Mobile
0 votes Share Flag Wed Aug 15, 2012 Home Selling in Forest Hills
The REALTY D…, Real Estate Pro in Queens, NY
The REALTY DEPOT LLC answered:
Is possible you can send me a phone number ?
(347)219-2037 or
(718)657-7777
0 votes Share Flag Fri May 4, 2012 Rentals in Forest Hills
Belto Love B…, Renter in Waterbury, CT
Belto Love Bentley's asked:
can you send me a email address too?
0 votes Share Flag Wed May 2, 2012 Rental Basics in Forest Hills
Joseph C. Ha…, Real Estate Pro in New York, NY
Joseph C. Hastings answered:
More on "Will coop board of directors in NYC be required to give reason for disapproval of potential buyer soon?" Can we do something
Hi Milagros. You downplay your experience by saying you're "pretty aware." Obviously, there is no state wide law that compells a Coop board to give a reason for a rejecti ... more
0 votes Share Flag Mon Jul 18, 2011 Home Buying in Forest Hills
Jerry Feeney,…, Real Estate Pro in New York, NY
Jerry Feeney, Esq. answered:
Will coop board of directors in NYC be required to give reason for disapproval of potential buyer soon?
Well, the answers below are accurate, with two exceptions. (1) There are a few boards whose by-laws require that they give an answer, in such a case a shareholder would be entitled. A ... more
0 votes Share Flag Sun Jul 17, 2011 Home Buying in Forest Hills
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
what about crime?
Hello Battista, check this link http://www.nyc.gov/html/nypd/downloads/pdf/crime_statistics/cs112pct.pdf The 112th Precinct encompasses two neighborhoods known as Forest Hills and Rego ... more
0 votes Share Flag Tue Dec 21, 2010 In My Neighborhood in Forest Hills
Fajardo Dela…, Real Estate Pro in 11432
Fajardo Delacruz answered:
We are thinking about 6120 grand central parkway..is there any shopping in walking distance from this building.. Audrey herman
There is plenty of shoping in the area, you can take a nice
walk or just take a bus ride just a few stops away.
0 votes Share Flag Sat Apr 10, 2010 Shopping & Local Amenities in Forest Hills
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
Does anyone have any info on 117-14 union tpke building? 3 beds for 354k it seems too much.How much should i offer?
I would get the financials on the building and ask more questions. Also, choose your attorney now and see if they will look over them. The last time that Citimortgage did a loan in the ... more
0 votes Share Flag Tue Apr 6, 2010 Home Buying in Forest Hills
For  Ever Urs, Real Estate Pro in Forest Hills Business...
For Ever Urs answered:
67-30 Darmouth building in Rego Park/FH area
Dear Kathy! I know this blding well/, Its to expensive for this area and this street for Jr 4 apartment. Apartments just sold in this area recently for 230k and cheeper. Negotiate the p ... more
0 votes Share Flag Sat Mar 13, 2010 Home Buying in Forest Hills
Joseph C. Ha…, Real Estate Pro in New York, NY
Joseph C. Hastings answered:
10% down condos in Queens....??
Hello Orange. Yes as stated below, you can get a 90/10 loan to value. The thing here is you need to be squeaky clean with income, assets and credit score. The bigger problem with Forest ... more
1 vote Share Flag Tue Feb 16, 2010 Home Buying in Forest Hills
OLGA MAYAYEVA…, Real Estate Pro in 11375
OLGA MAYAYEVA, ABR, GRI, CIPS answered:
I have a coop apt. in 65th Ave and it is newly, beautiful renovate. Especilly Kitchen and bathroom. Since I don't live there often so I want to
Hi Vickie!
Double check with your management what is a sublet policy in your building. Usually its after 2 years, but some buildings has even after 1 year. You can request from them th ... more
0 votes Share Flag Mon Dec 28, 2009 Home Selling in Forest Hills
MEHMET REALT…, Real Estate Pro in 11378
MEHMET REALTOR answered:
Is any agent familiar with foreclosures (house or condo) in forest hills area?
Leo,
Please let me know what you are looking for!
Location:Forest Hills
Price?
Condo or house?
are you ready to buy?
pre-approved or cash deal?
thanks
MEHMET (718)530-2771
info ... more
0 votes Share Flag Mon Dec 14, 2009 Home Buying in Forest Hills
Terry Koraha…, Real Estate Pro in Queens, NY
Terry Korahais answered:
My max monthly limit is $1600 for maintenance/mortgage. Tax wise, what's a better "deal," a higher mortgage payment with lower
Hi Curious- the 1st 5 years of your loan you will be paying all the interest on your mortgage so your tax deductions will be higher( so far mortgage interest is still deductible). The ... more
0 votes Share Flag Sun Dec 13, 2009 Home Buying in Forest Hills
Terry Koraha…, Real Estate Pro in Queens, NY
Terry Korahais answered:
Are there any 1br condo's in forest hills for about 300k?
Hi, there are 3 1 Bedroom units that are available around $300K and 1 2Bedroom available for $339K. If interested in viewing give me a call Terry K 718-614-3167 cell or email me the ... more
0 votes Share Flag Thu Oct 22, 2009 Home Buying in Forest Hills
Voices Member,  in
Voices Member answered:
I am looking to buy a coop in the area of rego park/forest hills, 2bd or Jr 4 . My salary is in the low 60s and I have 30K in the bank and 25K in
Silly me...I didn't even answer your main question of being a good board candidate! My apologies...

That changes a few things. Though some lenders will be fine with less than 2 ... more
0 votes Share Flag Sun Oct 11, 2009 Home Buying in Forest Hills
Katie Reiss-…, Home Owner in Englewood, NJ
Katie Reiss-Tolliver answered:
How much will my closing cost be for a co-op I purchase for 189k?
I don't know how much this will help, but I just purchased a 2BR co-op in Englewood, NJ for 96K. I paid cash, so my closing costs were $ 3407. This included the lawyer (1500), Titl ... more
1 vote Share Flag Wed Sep 30, 2009 Home Buying in Forest Hills
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