Home Buying in 10007 : Questions & Answers

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Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
Is it a good idea to use the same realitor to sell one's current condo that they used to purchase their new single family home in the city?
Hi, As long as they have an understanding of that market, access to the local MLS, and the proper marketing skills then absolutely.

Chris
0 votes Share Flag Thu Sep 12, 2013 Home Buying in SoHo
Allan Erps, Real Estate Pro in Nanuet, NY
Allan Erps answered:
Extra-High taxes on a good home
First consideration is the "fair market value" of the home. Seems unusual that the taxes are that much higher for other equal type homes in the area. Does it have a STAR Deduction??
0 votes Share Flag Thu Jun 13, 2013 Home Buying in New York
Jennifer Rob…, Real Estate Pro in New York, NY
Jennifer Roberts answered:
Buying a residential property in NYC
Noam
Along with your monthly mortgage payments, in a condo you will have common charges (your portion of the costs to maintain the building, staff etc) and real estate taxes and in a ... more
0 votes Share Flag Thu Jun 13, 2013 Home Buying in New York
Tasha Trice, Real Estate Pro in New York, NY
Tasha Trice answered:
Co-ops Vs Condos
Hi Noam,

Typically co-ops are cheaper than condos because when you purchase a co-op you are purchasing shares in a co-operative there by you are an owner of a portion of the unit ve ... more
0 votes Share Flag Sat Oct 5, 2013 Home Buying in New York
George Stroud, Both Buyer and Seller in New York
George Stroud answered:
do you take hasa?
Hello Greg,

I think you may need to be a little more specific. What property are you inquiring about?
0 votes Share Flag Thu Nov 29, 2012 Home Buying in New York
Abigail Baca…, Real Estate Pro in New York, NY
Abigail Bacani answered:
looking for a church in nyc.
There's one on 79th between 1st and York. Best thing to do is to do a google search on Churches in manhattan based on zipcode and they should come up.
0 votes Share Flag Sun Dec 2, 2012 Home Buying in New York
Mark Fisher-…, Real Estate Pro in New York, NY
Mark Fisher-Mortg Lender answered:
in your morgage calculator
Are you trying to calculate the closing costs? Mortgage tax varies depending on the county, in NYC it is 1.8%
0 votes Share Flag Tue Jan 29, 2013 Home Buying in Upper East Side
Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
What is the difference between transfer tax and flip tax when you're selling a co-op in nyc?
Hi, The flip tax is something that is imposed by the board when an owner sells a unit. They do it to deter flipping of units, hence the name flip tax. The NY State transfer tax is $4 ... more
0 votes Share Flag Sat Dec 29, 2012 Home Buying in New York
Pascual Paul…, Real Estate Pro in 10552
Pascual Paul Tarrats Jr answered:
if i made an offer and sign one of those offer letter if it is accepted, can i back out of the offer.
The only think that can bind you to an offer is a signed contract of agreement by both you and the seller. Good Luck
0 votes Share Flag Tue Nov 27, 2012 Home Buying in New York
Rafael Barbo…, Real Estate Pro in West Village, New York...
Rafael Barbosa answered:
HOW MUCH SHOULD I ASK FOR RENT FOR AN APPT. (1 BEDROOM) IN PRINCESS BAY, STATEN ISLAND, NY. SQUARE FOOTAGE 665. PLEASE ADVISE. THANK YOU.
Hi,

Give me a call or email to discuss. Have a great holiday!

CITI HABITATS
1456 First Avenue | New York, NY 10021
P 212.774.3800 | Cell 917.435.6611
Rbarbosa@citihabitats.com
0 votes Share Flag Sun Nov 25, 2012 Home Buying in New York
Mark Fisher-…, Real Estate Pro in New York, NY
Mark Fisher-Mortg Lender answered:
Hi I have a 630-650 credit score
Hello, there is a good chance that you will be approved for a loan... The amount you will be approved for depends on your monthly debts, your income and any potential rental income of y ... more
0 votes Share Flag Mon Nov 26, 2012 Home Buying in New York
James P. Fur…, Real Estate Pro in Boston, MA
James P. Furlong answered:
The seller is backing out of the sale, what type of compensation we can seek for pain and suffering after being in contract for 3 months?
Your sales contract will usually state what happens in this situation, and we must assume that your attorney has given you his advice based on that. Unfortunately deals do fall apart fo ... more
0 votes Share Flag Thu Jun 13, 2013 Home Buying in New York
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
How much insurance is unnecessary?
Insurance needs vary based on the individual's needs, and location. There is no one size fits all answer. Insurance serves the purpose of protecting property owners against perils that ... more
0 votes Share Flag Thu Jun 13, 2013 Home Buying in East Village
Joe Greene, Real Estate Pro in 10463
Joe Greene answered:
I am unclear about what the deal sheet is, what is the purpose, and if I should forward that to somebody or keep it for my records.
HI Mike,

The deal sheet is the pertinent information that is to go into the contract of sale. It contains the buyer & seller's names, their Attorney information, Your Broker's infor ... more
0 votes Share Flag Sat Oct 5, 2013 Home Buying in New York
Kelly Killian, Real Estate Pro in 10011
Kelly Killian answered:
Buyer & Seller disclosure form
Hi: No, not quite. The disclosure form is only utilized when there is substantive conversation regarding what you (either buyer or seller) are trying to do. This generally relates t ... more
0 votes Share Flag Tue Nov 20, 2012 Home Buying in New York
Holden Silve…, Real Estate Pro in New York, NY
Holden Silverman answered:
what is the closing cost for a house that cost 172,000 in upstate ny.?
A typical rule of thumb for estimating closing costs is 3% of the home value. So in your case approximately $5000.
0 votes Share Flag Fri Nov 16, 2012 Home Buying in New York
Joseph C. Ha…, Real Estate Pro in New York, NY
Joseph C. Hastings answered:
what percentage is the property in washington height?
Hi Ishmail. I would ask you to consider removing this question and posting another with a bit more specific info for what you want to ask. The question in it's current form makes little ... more
0 votes Share Flag Mon Nov 5, 2012 Home Buying in New York
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
do shool open on monday?
Check with the school directly...
0 votes Share Flag Sun Nov 4, 2012 Home Buying in New York
Christopher…, Real Estate Pro in Westchester, NY
Christopher Pagli - ABR, GREEN answered:
I am a foreigner. Am I allowed to buy a condo or co-op? Also, can I get a loan from a bank? If so, does it have to be with a co-signer?
Hi, Your best bet is speaking to a mortgage professional directly, the criteria changes all the time. I recommend Christian Babcock from Mortgage Master Inc 914.447.9691, tell him I se ... more
0 votes Share Flag Wed Nov 14, 2012 Home Buying in New York
Keith &…, Real Estate Pro in Verona, WI
Keith & Kinsey Schulz answered:
I need heed help from a buyer's agent cause I got an REO that I am trying to buy.
I'm sure you'll get a bunch of responses from agents in your local area who can help. My link below has tips and interview questions that may help you select the right agent for you. Go ... more
0 votes Share Flag Mon Nov 5, 2012 Home Buying in New York
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