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11102 : Real Estate Advice

  • All12
  • Local Info1
  • Home Buying7
  • Home Selling0
  • Market Conditions1

Activity 12
Tue May 19, 2015
AL asked:
Renting a 3 bed in Astoria with 2 other roommates who will all be on the lease. We found something for 3K a month and our combined salaries are 210K well beyond the income level needed.…
0 votes 0 Answers Share Flag
Thu Jul 25, 2013
Nick Sakalis answered:
In my personal opinion, Astoria has much more to grow. It may slow down for a period but in the long run there is still a high upside. It may not be Manhattan and most likely will never be on the same level in terms of values, however it will continue to piggyback the values in the city, therefore it will continue to grow. ... more
0 votes 7 answers Share Flag
Sat Sep 1, 2012
answered:
Hi froogol im jorge santiago from century homes realty it would be my pleasure to help you out 99 percent of my buissnes is done in astoria feel free to call me or check my website www.astorianyhomes.com ... more
0 votes 3 answers Share Flag
Tue Jul 31, 2012
Anna M Brocco answered:
There are other factors involved that determine mortgage qualification, therefore for a personalized answer visit with any licensed loan officer. When it comes to co-ops, be aware that boards do have their own financial requirements that must be met in order to be approved and each building is different... ... more
1 vote 1 answer Share Flag
Tue May 1, 2012
IOANNIS LAGOUDIS answered:
https://entp.hud.gov/idapp/html/condlook.cfm

if you go to this link you can search all the FHA condos in Queens, Mortgage World Bankers has assisted several developers and realtors to obtain the FHA accreditation on new developments. call for a free prequal today, 7182741234
Sincerely
John S Lagoudis, MBA
Vice President
Mortgage World Bankers
32-56 Steinway Street
Astoria, NY 11103
718-274-1234 x200
... more
0 votes 4 answers Share Flag
Sat Mar 31, 2012
Maureen Mizuno answered:
The answer depends on whether you believe in your ability to invest successfully is more likely to result in better returns than the increase in value of property in the Astoria area. Only you can answer that. Having said that, I will say if you are depending on the investment advice of someone else, other than your own ability, I would exercise extreme caution. There are some (not all) investment advisers who might be more interested in the commissions they earn placing you in various (investments) than in whether or not you reach your goals. If you yourself are a very sophisticated investor you may want to go ahead and rent and invest. However, if you are not a very sophisticated investor, buying a piece of real estate in an area that is on the rise (like Astoria) may be the better move. The rule of thumb for (investing) in the market is 20 years, assuming you have picked winners. In 20 years you might beat inflation. I spent 22years in that industry before entering the Real Estate industry a number of years ago. You might consider purchasing a property and investing on a smaller scale which would offer you some leverage. You would have the stable growth provided by your Real Estate investment to offset any losses you might sustain in the investment market while hedging that you might have some good income or value appreciation from your investments in other areas. Of course your current age and ultimate goals would come into play in making the right decision. Another rule of thumb is the older you are the less risk you would take on. You haven't given any information with regard to the kind of investments you were considering or the rest of your financial profile. For example what is your retirement plan, how much have you invested in a retirement plan. What instruments is the money in. What are your liquid assets, How much debt do you carry, agiain your age. You cannot correctly answer your question in a vacuum (or I cannot) nor should the question be answered in a vacuum for your sake.
I would be happy to meet with you and help you to create a rational plan that takes into account all the details as well as your present income and projected income in the next ten years.Also, clearly defining your goals, so you have a reasonable financial plan that fits your needs.

Maureen Mizuno
Exit RealtyCentral
(917)443-9880
... more
0 votes 5 answers Share Flag
Wed Mar 21, 2012
Terry Korahais answered:
Hi Tiffany, would love to help you ...How close are you to the train? does the unit have CAC? what is the square footage? what floor? does it have a terrace? is it an elevator building? Any amenities? doorman, pool, gym,sauna? Call me terry K 718-614-3167 or email TKorahais@elliman.com ... more
0 votes 3 answers Share Flag
Tue Mar 13, 2012
Baris Unver answered:
Hi Anne,
Co-ops in Astoria starting from 169k f-300k or 1 condos starting from 300k to 500k.
Call me to schedule an appointment to see these properties
6464640144
Baris Unver (Ben)

Century 21 Triboro
... more
0 votes 3 answers Share Flag
Thu Feb 17, 2011
Luis Martinez answered:
Copy and paste - maybe this will help

http://portal.hud.gov/hudportal/HUD?src=/states/new_york
0 votes 2 answers Share Flag
Mon Jul 13, 2009
Anna Katechis answered:
The one bedroom start at the high 300K and go up from there.
0 votes 1 answer Share Flag
Thu May 29, 2008
Emily Erekuff answered:
Hi Clara,

I performed a search for this address on Trulia but didn't find the listing. If the link we displayed to ResortScape.com wasn't working when you viewed the property it's probably been sold or taken off the market. I suggest that you contact ResortScape.com directly if you are interested in finding out the specifics.

Best Wishes,

Emily Gibson
Customer Service Representative
... more
0 votes 1 answer Share Flag
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