Home Buying in Long Island City : Questions & Answers

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The SPITLER…, Real Estate Pro in Saginaw, MI
The SPITLER Group answered:
Short Sale gone wrong with Ocwen Loan Servicing
First of all, no lender requires "all short sales" to go up for auction before approval. There is obviously some missing information here and I would suspect the listing Agent for this ... more
0 votes Share Flag Thu Apr 16, 2015 Home Buying in Long Island City
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
how do you find a lease to own opportunity or investor?
Frank,
Investors willing to buy a home for you or do a lease to own are too often wolves in sheep's clothing. There has to be something in it for them and it's usually too much.
R ... more
0 votes Share Flag Tue Dec 16, 2014 Home Buying in Long Island City
Dan Tabit, Real Estate Pro in 98074
Dan Tabit answered:
Zillow Estimate spike in prices over last year in new york
Dcamitta,
Zestimates are not reliable and based on some very broad ranging public data. The more general the information the more accurate. When it comes to specific homes they are o ... more
0 votes Share Flag Wed Nov 19, 2014 Home Buying in Long Island City
Martina Ryan, Real Estate Pro in Queens, NY
Martina Ryan answered:
I am looking for investment homes in Long Island City. I am not opposed to doing rehabs into these homes. Any ideas on growing areas?
There are still some properties available but they go quickly. What is your budget?
0 votes Share Flag Wed Nov 12, 2014 Home Buying in Long Island City
Jereme Carter, Real Estate Pro in 33708
Jereme Carter asked:
How do you find Florida waterfront homes? I'd like to network with New York Agents and help their clients find a beach or water front homes in Florida. What have you found that works best for your clients?
0 votes Share Flag Mon Sep 15, 2014 Home Buying in Long Island City
Anthony Howe…, Real Estate Pro in Brooklyn, NY
Anthony Howell answered:
Closing costs for an all cash deal
Using a good Agent can be helpful. http://www.Hillelrealtygroup.com
0 votes Share Flag Mon Sep 15, 2014 Home Buying in Long Island City
Anthony Howe…, Real Estate Pro in Brooklyn, NY
Anthony Howell answered:
what towns have the cheapest property taxes on Long Island?
Using a good Agent can be helpful. http://www.Hillelrealtygroup.com
0 votes Share Flag Mon Sep 15, 2014 Home Buying in Long Island City
Anthony Howe…, Real Estate Pro in Brooklyn, NY
Anthony Howell answered:
Are there young families in Hunters Point?
Using a good Agent can be helpful. Neighborhood judgement should only be made by clients and never a real estate professional. http://www.Hillelrealtygroup.com
0 votes Share Flag Mon Sep 15, 2014 Home Buying in Long Island City
Luis Chavez, Real Estate Pro in Long Island City, NY
Luis Chavez answered:
Do condos in Long Island come with two parking garage?
Parking is optional, you can buy space or you can rent.
0 votes Share Flag Thu Nov 21, 2013 Home Buying in Long Island City
Accardo.julie, Renter in
Accardo.julie answered:
Can you legally sell a property in New York if the septic system has a cesspool?
Gail, the records are not available. My concern in regard to the cesspool is that it can potentially pose a safety hazard if not properly maintained. My home inspector indicated that we ... more
0 votes Share Flag Thu Jun 27, 2013 Home Buying in Long Island City
Marco Gomez, Real Estate Pro in Queens, NY
Marco Gomez answered:
Is it bad to buy a condo in a building where a lot of the tenants are now renting?
The only concern you should have , is if there is more than 50% of the building being occupied by tennants.You will have a hard time finding a lender to finance the transaction which i ... more
0 votes Share Flag Thu Apr 18, 2013 Home Buying in Long Island City
Marco Gomez, Real Estate Pro in Queens, NY
Marco Gomez answered:
what amount does the bank charge on a $425,000 loan with a 800 credit score?
If you are buying a home or a condo in the 5 boroughs for $425k your total closing costs will be between 3 and 4% of your total purchase price. To get the best estimate you should conta ... more
0 votes Share Flag Wed Apr 17, 2013 Home Buying in Long Island City
Anthony Picc…, Real Estate Pro in 08034
Anthony Piccone answered:
Bank Statements for Wells Fargo mortgage approval
You will be required to provide 2 months bank statements from the day you make application or sign an agreement of sale with a realtor whichever is earlier. Hope that helps. If you ha ... more
0 votes Share Flag Wed Feb 13, 2013 Home Buying in Long Island City
chc-yehui, Home Buyer in Long Island City, NY
chc-yehui answered:
Today can I go to visit some open house in Manhaset?
Yes, I just want to see if any agent is possible to accompany me to visit the open house. pre-approval can do, no problem.
0 votes Share Flag Sun Sep 16, 2012 Home Buying in Long Island City
Rhonda Porter, Real Estate Pro in Seattle, WA
Rhonda Porter answered:
Does Anyone Know About a "Family Opportunity Mortgage" and How to Get One?
I'm sorry I missed this question! I have the Family Opportunity Mortgage available for homes located in Washingotn. I'm not licensed for your state. This is a special Fannie ... more
0 votes Share Flag Fri Jun 3, 2011 Home Buying in Long Island City
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Our condo in Long Island City is selling private rooftop cabanas to existing residents. How much value would this add when it comes time to sell?
As to how much it will add in value--depends, a home is worth what someone is willing to pay for it, and much will also depend on market conditions when it's time to sell--don' ... more
0 votes Share Flag Mon Oct 25, 2010 Home Buying in Long Island City
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
My daughter is selling her co op ,in ny,potential buyer is offering cash.Unsure of any closing fees on this.
As for your daughter's closing costs as the seller--your daughter's attorney can give her a better idea of her closing costs with regards to her cash buyer--she will have atto ... more
0 votes Share Flag Mon Aug 23, 2010 Home Buying in Long Island City
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
Negotiated a good price on a new development condo, but then saw the closing costs. Too late to negotiate?
Allen, theoretically, a loan officer should know that new construction closing costs have additional fees other than the standard ones, and should prepare a good faith estimate in advan ... more
1 vote Share Flag Tue Sep 1, 2009 Home Buying in Long Island City
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