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All Locations : Nationwide Real Estate Advice

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A moment ago
Alan May answered:
You might have some recourse.... it might be worth talking to a real estate attorney to see if you can pressure the sellers into paying for a year or two's value of the lease.

But I would rather have a leased tank... as the liability of owning a tank (and the potential environmental issues that come with ownership) might be worse than leasing. ... more
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A few minutes ago
Toddlcoupon asked:
A few hours ago
Kathy Burgreen answered:
Foreigners can purchase real estate in the U.S.A. but depending on your visa type, credit history, employment, etc., you will need a larger down payment than American citizens get. Expect to have about 30% in a U.S. account for a down payment + you need cash to pay for closing costs. Also you need to Google "FIRPTA" tax. This is a tax that foreigners pay when they sell real estate in the U.S.

If you will have $100,000. for a down payment, then you should qualify to buy a home for up to $330,000. depending if you have additional cash to pay for closing costs. Unfortunately in Queens and the rest of New York City, $300,000. will not allow you to buy a house or a condo. You need at least $180,000. for a down payment and that will qualify you for $600,000. to buy a house or a condo.

Restrictions on Foreigners - There are thousands of co-op (cooperative) buildings that are more affordable (lower prices) BUT buyers need to be approved by the co-op Board before moving in. Unfortunately, co-op Boards do not allow foreigners to live in their buildings. These co-op buildings are for permanent American citizens with U.S. credit and U.S. employment and U.S. bank accounts.

This means the only type of home you can buy is a condo or a house. Both are more expensive and require at least $180,000. for a down payment. If you will be working in NYC, your best option is to rent.
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A few hours ago
Scott Godzyk answered:
There is NO such thing as a pre approved short sale. A bank can approve a rice to list it at, but with all short sales the seller has to be approved to complete a short sale, then the price has to be approved once a contract is executed to buy. The bank them appraised the property. Here is the thing, the bank will rarely approve a short sale with contingencies meaning you have to do the inspection BEFORE buying, once a contract is sent to the bank, you can not then re negotiate for inspection items. The sellers bank will also mandate that the sale close with in 30 days of acceptance by them so you have to have your mortgage in order. LASTLY call your real estate agents company, as for the managing broker and ask for someone else to take care of you that is WELL experienced in short sales ... more
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A few hours ago
Scott Godzyk answered:
A few hours ago
Scott Godzyk answered:
Trulia s not a real estate company, does not have agents or list or sell homes. They sell advertising and or promotions on their site. You may have spoken with someone else or a scammer
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A few hours ago
Scott Godzyk answered:
This is the q and a section, to reach service, scroll to the bottom of any page and click on help center
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A few hours ago
Scott Godzyk answered:
Trulia does not edit listings, as the listing agent you can click your name upper right, click on listings and edit to change or add pictures. So you know, most mls systems upload listings to third party sites ... more
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A few hours ago
Lacy asked:
I'm looking for a new place and when I edit info it returns to my original outdated info.
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A few hours ago
Kathy Burgreen answered:
You need to use Street Easy - www.streeteasy.com which is a real estate website exclusively for New York City. This website has far more search filters than Zillow and Trulia does and you can use the Advanced Option to select more criteria.

Having been a NYC area realtor and life long resident, I was questioning your budget of $2,400. because my opinion was that it might be too low. I searched StreetEasy and came up with the following:

2946 Brighton 4th Street #2B - $2,400./month
2848 Brighton 7th Street #3R - $2,099./month

I saw more 2 bedroom rentals but the prices are more than $2,400./month. This leads me to think that your issue of race is not a factor. It has to do with your budget. It seems the average 2 bedroom rental is closer to $3,000. If you can't afford $3,000./month, then you need to look elsewhere or get a 1 bedroom rental instead. You need to know that housing in NYC is very expensive and everybody needs to sacrifice - including you. Also most rentals do NOT come with a washer and dryer inside. Most residents who rent need to use the laundromat outside. Get used to it - it's part of living in NYC.

Since you are restricted with your budget, try looking in the Bronx. Rentals are much cheaper in the Bronx than Brooklyn and Queens. I would also search in nearby Nassau County. Again, rentals are cheaper in Nassau than Brooklyn.
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A few hours ago
Steve Bracero answered:
Take a look at landlordology.com take a look at your state laws, it should tell you what you need to follow
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A few hours ago
Kathy Burgreen answered:
You need to use StreetEasy - www.streeteasy.com which is a real estate website exclusively for New York City. It has far more search filters than Trulia and Zillow does and you can specify more criteria for your search. Best news of all - the pictures are FULL SIZE!

On the negative side - StreetEasy gets its listings from the Real Estate Board of NY (REBNY) which is the "MLS" system for New York City. Therefore, StreetEasy won't have For Sale By Owner listings as much as Zillow and Trulia does.
... more
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A few hours ago
Kathy Burgreen answered:
Who did you request a viewing with? Did you speak to somebody on the phone or did you just fill out a Contact form on this website and click "Submit"? If you contacted somebody on the phone - was that person a real estate agent? A landlord? Did they give you an exact date and time to see this rental?

If you filled out a Contact form on this website or a different website and clicked "Submit" - then you need to wait for somebody to contact you - email, phone, etc. At that point, the person who contacts you will set up a specific date and time for you to see the rental.

In NYC, rentals can be gone in 5 minutes or it may be available for a week. It depends on location and condition. Your best method is to find a real estate agent who can schedule appointments and show you rentals.
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A few hours ago
Kathy Burgreen answered:
The good news is yes, you can buy a home from a For Sale By Owner. However, in order to protect yourself, you need to do the following: (I'm a former realtor)

1. Work with a local Title company and a local real estate attorney.
2. Make sure the current owner of the home is the person you are dealing with (the Title company will tell you who the current owner is supposed to be or you can go to the county tax assessor's office and see who the owner is.
3. Visit the county tax assessor's office and verify that property taxes are paid up to date - no arrears or late payments.
4. At the county office, ask to see the property card or property description on file. You need to get the lot measurements, square footage, the year the home was built and any other important information. Compare what the county has on file with what the seller is telling you. If there is a dispute, ask the seller to provide documents. Find out why the county has different information from the seller. Hopefully in your case, everything matches up.
5. Follow Solomon's advice below. I don't want to repeat it in my reply.
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A few hours ago
jeffrey s weeks asked:
Earlier today
Bulldogz442 answered:
I POST THE STORY ABOUT THE OLD FOLKS AND IT IS SCRAMBLED WOW!
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Yesterday at 10:10pm
Dionne Pope answered:
Information is general as I do not have access to all of the documents and details of this escrow. The following is a courtesy to clarify a couple of items you have provided.
NOTE: Closings (recordings) do not occur on a weekend or holiday so what was discussed for your Close Of Escrow with your realtor.. 7/29/17 is a Saturday.
You have two options:
"AsK" them to pay the $100 per day. They can say no.
OR
Present them with a notice to perform. A CA Residential Purchase Agreement defaults to 48 hour Notice to Preform. This option is for the Seller, should a buyer not be abiding by the agreement. Generally you deliver a Notice to Preform within a few days prior to the due date. In this case, using your /29/17, you would present it on the 27th.
After the 48 hours you can either cancel the contract and start all over or do nothing.
... more
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Yesterday at 8:54pm
Kathy Burgreen answered:
Not as long as it will take you to fix your credit score to above 620. How much did your credit score go down?
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Yesterday at 8:42pm
Sgilven asked:
If I have a new property built for a total cost of 260,000 dollars but I am appraised for 300,000 dollars does the difference of 40,000 go towards the down payment of the home? In addition…
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