Home Buying in East Flatbush : Questions & Answers

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Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
how much would be typical buyer's closing costs on a 1 family home in Brooklyn, purchase price about $650,000 and all cash (no mortgage).?
Good afternoon scy4851,

The person best equipped to answer this question is the Attorney representing you for the transaction. Your typical closing costs in a cash purchase transact ... more
0 votes Share Flag Sun Apr 21, 2013 Home Buying in East Flatbush
Alison Hillm…, Other/Just Looking in San Francisco, CA
Alison Hillman answered:
waht the 279 lenox rd unit #?
You can contact the listing agent who will be able to help you learn more about that specific property (and probably will know a lot about similar properties in the area). To find an ag ... more
0 votes Share Flag Tue Apr 2, 2013 Home Buying in East Flatbush
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I'm willing to pay for this property all cash today? Is there any other way for me to talk to someone about this property?
You can work with an agent of your own, or directly contact the listing agent.
0 votes Share Flag Sun Apr 21, 2013 Home Buying in East Flatbush
Hugo, Real Estate Pro in Brooklyn, NY
Hugo answered:
I'd like to make an offer. Please contact me. 718-475-8630 - Chris
Are you working with an agent?
0 votes Share Flag Sun Apr 21, 2013 Home Buying in East Flatbush
Kathryn Lilly, Real Estate Pro in Brooklyn, NY
Kathryn Lilly answered:
For a single family house in Brooklyn NY, 11234 with a final sale price of $305,000. What is lowest one could expect to pay in closing cost?
Hello;
I always tell my buyers to expect to pay approximatly 5% of purchase price to cover all closing costs: Appraisal, credit applications, Bank fees, your lawyer, the Banks lawyer, ... more
0 votes Share Flag Wed Mar 6, 2013 Home Buying in East Flatbush
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
anyone knows the rent amount of a 1 and 2 bedroom apartment in the 11210 zip code area?
Rents do vary, therefore consider working with an agent of your own who can provide any necessary information....
0 votes Share Flag Mon Sep 10, 2012 Home Buying in East Flatbush
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
HAve a 2 bedroom co-op to sell in White Plains, NY. Know anybody that might be interested??????
If the property is not listed with an agent, for maximum exposure consider the idea....
0 votes Share Flag Mon Aug 27, 2012 Home Buying in East Flatbush
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
What is a seller's concession?
It's usually an amount that the seller agrees to pay the buyer at closing.
The amount that is agreed upon could cover part of all of the buyer's closing costs, repairs, etc.
0 votes Share Flag Mon Nov 28, 2011 Home Buying in East Flatbush
Gail Gladsto…, Real Estate Pro in 11743
Gail Gladstone answered:
I want to purchase a home however I do not have enough for a downpayment
There are some sellers who are willing to do "seller concessions" which cover a significant amount of money and there are certain government loans that require minimum amounts ... more
0 votes Share Flag Fri Jul 20, 2012 Home Buying in East Flatbush
THE OLIVER T…, Real Estate Pro in Ovilla, TX
THE OLIVER TEAM - Chris Oliver answered:
Is it normal for the bank (Chase) to do a HUD 1 first before accepting an offer on a short sale?
Yes it is normal. The listing agent should have had a preliminary HUD-1 drafted that reflected all the terms set within the contract. Thus Chase could examine all the specifics as well ... more
0 votes Share Flag Wed Mar 6, 2013 Home Buying in East Flatbush
Charles D'Al…, Real Estate Pro in 11210
Charles D'Alessandro answered:
Are there any houses for rent in brooklyn ?
Yes there are. They do come in call today to check our inventory and put you name in for anything that comes in!
0 votes Share Flag Mon Mar 21, 2011 Home Buying in East Flatbush
Mitchell Fel…, Real Estate Pro in 11229
Mitchell Feldman answered:
I want to buy a co-op and put it in a LLC, can I do that?
Dear Iomc:

Here in Brooklyn, the vast majority of co-ops will not allow you to purchase in the form of an LLC, corporation or trust. If you find any that do please let me know.

Si ... more
0 votes Share Flag Mon Jan 31, 2011 Home Buying in East Flatbush
Phil Rotondo, Real Estate Pro in 32940
Phil Rotondo answered:
hey when someone buys a foreclosure for 22k. what does that mean. how much do i pay in all?
I believe it means that you own a foreclosure that you paid $22k for.
How much you pay will be itemized on the HUD-1 settlement statement which you will receive.
0 votes Share Flag Thu Jan 13, 2011 Home Buying in East Flatbush
Charles D'Al…, Real Estate Pro in 11210
Charles D'Alessandro answered:
Should i purchase this 6 family property: Purchase price is $400.000 plus closing cost. Expense: $4000 mtly, income $5156 mtly.
It's hard to advise. It seems to be operating at a profit of over $13,000 a year. is that inclusive of tax ,insurance, and all expenses? If so it looks ok but you have to decide.
0 votes Share Flag Thu Jun 24, 2010 Home Buying in East Flatbush
Charles D'Al…, Real Estate Pro in 11210
Charles D'Alessandro answered:
I am looking to buy another coop. should i put current one on market first then look for another.?
Hello Jenny,If you need the money from the first coop you should definitely sell or at least have a contract of sale on your existing apartment. You might find the perfect coop and not ... more
0 votes Share Flag Fri Jan 8, 2010 Home Buying in East Flatbush
Rhonda Holt, Real Estate Pro in Brooklyn, NY
Rhonda Holt answered:
Does anyone know anything about the gentry in brooklyn at 310 lenox? How safe is the area for a female? is the building nice? what is a reasonable?
Hello, I actually know this area very well and the co-op building you are referring to. This neighborhood is very nice, but if you want to know the crime statistics you can visit the lo ... more
0 votes Share Flag Sat Oct 10, 2009 Home Buying in East Flatbush
Mitchell Fel…, Real Estate Pro in 11229
Mitchell Feldman answered:
who do i ask about this property?
Dear Kerry:

For some reason there is no property attached to this question. I would suggest you find the property again and re-submit this question. As I mentioned in your previous q ... more
0 votes Share Flag Thu Jun 11, 2009 Home Buying in East Flatbush
Tyler Thackr…, Home Buyer in Brooklyn, NY
Tyler Thackray answered:
I have an option of buying 2 prop in bkyn, one has tax abatement but is more expensive and the other does
Property taxes are related to the specific address and value of the home. I'd find a few similar homes at nearby addresses and input them at www.propertyshark.com.
0 votes Share Flag Wed Feb 10, 2010 Home Buying in East Flatbush
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