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Syracuse : Real Estate Advice

  • All180
  • Local Info17
  • Home Buying77
  • Home Selling10
  • Market Conditions5

Activity 194
Thu Nov 2, 2017
Jay White answered:
RE: I'm looking to purchase a multi-family property in Upstate New York.

I'm pre-approved for FHA 203K, however, the process is really long, and requires the borrower to find a licensed general contractor.

However, as a backup plan, I was thinking of using a personal loan for the purchase. Then using my CC's for repairs.

One benefit or using the personal loan is that my loan amount would be near 35-40k. I would be my own GC and hire sub-contractors where needed.

Compared to the FHA203k, I would be borrowing @least 80k to make it worthwhile and required to work with a GC who would be responsible for the entire project, but will charge me a premium.

Please advise
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Sun Oct 29, 2017
alexis bailey asked:
I'm getting a 203k loan but I need estimates from contractors. The house I'm looking at is about 2500 sq ft. My parents were offered it when I was very little and couldn't…
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Wed Aug 16, 2017
Jodigalknot asked:
Tue Aug 1, 2017
Alysse Musgrave answered:
There is simply no way for one agent to get the highest price for the seller and the lowest price for the buyer in the same transaction. Dual agency is illegal in every other industry but real estate. When you want to buy a home, hire an Exclusive Buyer's Agent to represent you, not a regular buyer's agent. EBAs represent homebuyers only, so there is no conflict of interest to jeopardize your negotiating position. Contact for a referral to an EBA who will give you valuable advice, not a sales pitch.

Buying a Home? Don't Let Them Make a Monkey Out of You! Follow the link below.

Alysse Musgrave
Consumer Advocate/
Exclusive Buyer Broker

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You!
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Tue May 9, 2017
Sally Grenier answered:
Not an ethics violation at all. Put yourself in their shoes. If somebody approaches the seller or listing agent and wants to buy the house and it's a great offer, they aren't going to turn them away! The agent has a responsibility to present "all offers" to the seller. Who cares if that offer came in before it hit the MLS. Maybe the seller told a friend or a neighbor they were selling and word got out and someone wanted to jump on it. That's their right to do so, and it's the seller's right to accept that offer.

And then the agent is smart to put it in the MLS, possibly already listed as "under contract" because the deal could fall through. Maybe they can get a backup offer in place.

I'm sorry I don't have a better answer for you. I know it's a very tough market for buyers but complaining about this isn't going to get you the house.

P.S. I'm in the middle of one of these right now. Property isn't listed yet, but buyers saw my "Coming Soon" sign and want to make an offer. I'm not going to turn them away if it's a decent offer.
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Sat Mar 18, 2017
Lonnieoat217 answered:
Yes and No. As in all areas there is crime. This area has been a reasonably safe area yet if you check on trulia, or Zillow web sights they will show you the recent crime tolerance of the area. If you work down town this looks like a great apartment for a good price if it includes heat. ... more
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Tue Mar 7, 2017
Jzacharias asked:
Good afternoon,

I am the new GM at Aspen Syracuse. As I was auditing our internet listing sites, I noticed that our information has not been updated on Trulia.

Waived Security Deposit…
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Tue Nov 29, 2016
Shannon Rotella asked:
I have deleted the listing on zillow, but it still is showing up on trulia. How can I remove this listing?
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Wed Oct 5, 2016
Info answered:
Make sure you find a real estate agent that is realistic. Plenty of people love viewing more unusual properties, but few actually take the leap and buy them. Try and get a feel for _slightly similar_ properties within the area to see what they sold for.. ... more
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Thu Jul 28, 2016
Carmen nunez answered:
Do you have any 2bedroom for rent I'm looking for a house that take sec 8 I'm coming from florida
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Thu Jul 7, 2016
Dfcramer answered:
BTW....for some reason it says I am in Silver Spring, MD....I am not, the house in New York State.
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Wed Jun 29, 2016
Scott Godzyk answered:
A short sale means that the seller owes more than the house is selling for. They should have known how much they owe prior to putting the house up for sale. It does not just fall into a short sale status. The contract to purchase needs to have a short sale addendum if it is a short sale that protects all parties. You may need a lawyer to look at this ... more
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Tue May 24, 2016
"RICH" Richard Manfredi answered:

Assuming you have not yet made an offer on this property and are not working exclusively with another Realtor and subject to an unexpired agreement (NOT simply a NYS Agency Disclosure form) with a particular Realtor (if you are, you would have signed an "Exclusive Right to Represent", and/or "Buyer/Tenant Agency Agreement")...

I would be happy to pull some comps and do a CMA on the house you are interested in in order for you and I to decide together what the best strategy is to get you the deal you are looking for.

I work for HUNT Real Estate. If my contact info gets removed by a site administrator, you can find me under locate an agent on their page. Just google Hunt Real Estate. Otherwise, call me at 315.480.9998 or send me an email at or visit my site

I have no problem being "aggressive" for you! I look forward to hearing from you soon!

Rich Manfredi, Realtor
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