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10040 : Real Estate Advice

  • All6
  • Local Info0
  • Home Buying3
  • Home Selling0
  • Market Conditions0

Activity 6
eli, Renter in 10468
Thu Jun 9, 2016
eli asked:
im looking to move asap... i have a income in the 40s but i have no credit history
0 votes 0 Answers Share Flag
Elena Ravich,…, Real Estate Pro in New York, NY
Tue Oct 23, 2012
Elena Ravich, Esq. answered:
BIG BIG NO! ask for a copy of their title documents and, most likely you will never hear from them again.
Below market value, asking for cash before giving anything of value in return, no documentation and disclosure provided, lack of transparency - all of these are suggesting that you are dealing with a scam. ... more
0 votes 17 answers Share Flag
Mitchell Hall, Real Estate Pro in New York, NY
Fri Jun 15, 2012
Mitchell Hall answered:
While the building has an insurance policy many coops and condos require the individual shareholder and unit owner to have their own home owner's insurance policy. Some coops and condos not only require the homeowner to have insurance but if the apartment is sub-let they may also require the tenant to have renters insurance. ... more
1 vote 9 answers Share Flag
Jenet Levy, Real Estate Pro in New York, NY
Sat Jun 4, 2011
Jenet Levy answered:
Contrictor,
In a co-op, your maintenance covers three things: your share of the real estate taxes, your share of the underlying mortgage, and your share of the upkeep of the building. You will only see one number quoted in listings. In a condo, your real estate taxes and your common charges (upkeep of the building) are always separated out. In listings you will see this a RET and CC.

Hope this helps.

Best,
Jenet Levy
Halstead Proerty, LLC
jlevy@halstead.com
212 381-4268
http://jenetlevy.halstead.com for all NYC listings
... more
0 votes 6 answers Share Flag
Jenet Levy, Real Estate Pro in New York, NY
Tue May 10, 2011
Jenet Levy answered:
Contrictor,
I'm not sure if you are talking about an apt. or a house in Hudson Heights. Most of the apts. are co-ops and would not qualify for FHA. For a condo, the whole development would have to have applied and gotten certified; this is not an apt. by apt. thing - either the developer has gotten the approval for the whole building or not. ... more
0 votes 6 answers Share Flag
carol friedm…, Real Estate Pro in New York, NY
Sat Feb 7, 2009
carol friedman answered:
rea estate attorney
Jerry Kantor
954 966 1820
0 votes 1 answer Share Flag
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