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Home Buying in 11215 : Real Estate Advice

  • All66
  • Local Info3
  • Home Buying35
  • Home Selling7
  • Market Conditions0

Activity 34
Thu Jul 28, 2016
Maricris A answered:
Hello,

Our Customer Service team can deactivate your account if you wish, and you can send your request that they do so via the link below.

http://www.trulia.com/help/ask/

However, keep in mind that there's no charge for your account, and you may want to keep it if you want to search for rental or sale listings in the future. If there's a specific reason you wish to deactivate your account, please let our team know so they can assist you. For example, if you simply wish to stop receiving Trulia email alerts, you can delete those alerts via http://www.trulia.com/account/email_preferences/.

I hope this information is helpful.

Regards,

Maricris
Consumer Care Advocate
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0 votes 1 answer Share Flag
Sat May 10, 2014
blicek answered:
I was wondering how much condo's are selling for in 40205 area. It is one bedroom and i bath
0 votes 11 answers Share Flag
Wed Dec 11, 2013
. answered:
I am a local mortgage loan officer. Fee free to call me at anytime at: 347-414-3112.
0 votes 5 answers Share Flag
Sat Oct 26, 2013
Dana Lindberg answered:
You can search the local listings or contact a local broker.

Buy a fixer-upper, as is, or a foreclosure with FHA 203k loan and turn it into your dream home. For more details about 203k loan, visit www.cfs203k.com. CFS Mortgage and RenovationReady brings together more than 50 years of traditional and renovation lending know-how. ... more
0 votes 8 answers Share Flag
Tue Oct 15, 2013
Anna M Brocco answered:
Such properties are rare as most owners prefer to sell outright. Since rent to own properties may not be listed as such, consider working with an agent of your own. Keep in mind that rent to own can be risky and one could stand to lose a bit of money, therefore do inform yourself well, and consider consulting with an attorney who specializes in real estate beforehand. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright. Rent to own is similar to a car lease.... ... more
0 votes 1 answer Share Flag
Sat Aug 31, 2013
Elliott Arkin answered:
Hi....I live and own a mixed-use building myself.....If a tenant is in place, the more information you can know about them the better. Also, check out how the utilities are seperated. Other than the slightly higher interest rates charged on mortgages for mixed use properties, everything else is really very similar to any multi family and has many advantages and upside potential. I hope this is helpful ... more
0 votes 4 answers Share Flag
Thu Jul 11, 2013
JTANGHOW answered:
WHAT DO I NEED TO KNOW ABOUT THIS TYPE OF PROPERTY WHEN BUYING?
0 votes 8 answers Share Flag
Tue Jul 17, 2012
Mitchell Feldman answered:
Dear Devi:

I would say you hire and/or discuss this with an attorney and/or accountant to help you out with that. Good luck!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
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0 votes 1 answer Share Flag
Thu Jun 21, 2012
Antolin Du Bois, CFP® answered:
Praise the lord it means that there are no spendthrifts in the building who want to bury future owners with debt to pay for current potted planters around the building.

But it also might mean that the boiler is 100 years old and will need to be replaced as soon as you buy the unit. ... more
0 votes 3 answers Share Flag
Sun Apr 1, 2012
Phyllis Cangro answered:
I will keep an eye on it and will let you know when and if it goes back on the market
0 votes 3 answers Share Flag
Wed Feb 22, 2012
Mitchell Feldman answered:
Dear Mack:

Based on that graph you attached to your question I would think that it will be soon. In the end, we can never predict the future, at least not with 100% accuracy! ;)

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 2 answers Share Flag
Wed Oct 26, 2011
Mitchell Feldman answered:
Dear Chik Sum Gong:

Your closing costs will vary based on the bank you go to for the loan and your qualifications. You need to speak to a mortgage banker(s) and get your self pre-qualified to determine how much you can borrow, what interest rate you will receive and how much the closing costs will be.

Often times a lender may be willing to lower the interest rate if you pay points up-front. A point is 1% of the loan amount. Usually 1 point will give you a interest rate reduction of about a quarter of a percent. By doing this you add another 1% to your closing costs, but if you plan on owning the house for a long time, you will save money in the long run.

I usually tell buyers that a good rule of thumb to use when figuring closing costs would be to take 5% of the actual loan amount. That is usually a good estimate, but it can vary greatly depending upon your personal qualifications.

Hence, talk to a mortgage banker and you will get the best answer to your question. If I can be of further assistance please let me know. Good luck!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 7 answers Share Flag
Thu May 19, 2011
Douglas Meyer answered:
Feel free to call Doug Meyer at Bergen Basin Realty at 718-763-4110 for any questions you have for Brooklyn homes, Condos, and Co-Ops. We specialize in the areas of Mill Basin, Old Mill Basin, Bergen Beach, Marine Park, Madison, Sheepshead Bay, Gravesend, Homecreast and more. Check out our website for listings, details, and pictures.

Bergen Basin Realty
5817 Ave N
Brooklyn, NY 11234
718-763-4110
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0 votes 6 answers Share Flag
Wed Feb 2, 2011
Sarah answered:
I have to second Aileen, a former colleague: its best to work with someone who know the area and goes to Open Houses all the time, as u seem to be living on the West Coast. But even if you were here: would u be able to judge if an apartment is great or only mediocre for the rent? Wouldnt you rather have good advice? Its a drag having to pay us a fee, but thats our livelihood. Thats what we work for and we only get paid if we rent something, not by our bosses every month. C'est la vie...There's nothing like a free lunch.. especially in New York. ... more
0 votes 2 answers Share Flag
Fri Sep 17, 2010
michele cadogan answered:
I think that it would be best for you to post this question in the Florida section. If you do not get a respose give me a call. My company has a great relocation department and I will refer you to a contact person there who will introduce you to an agent in Pointe Verde. You may contact me at 917-861-9166. ... more
0 votes 3 answers Share Flag
Mon Apr 12, 2010
Joseph Hastings answered:
Time is working against you right now. You say you are so busy but you'll need to make some time for a purchase. Now is not the time to fiddle around because you need to have a fully executed contract of sale on or before April 30th and be prepared to close on or before June 30th or you can kiss the Federal tax credit goodbye.

No Agent/Broker will discuss safety, they will give you sites to view crime stats and tell you to walk around the neighborhood at various times of the day and night to get a feel for an area. Licensed professionals are not allowed to talk about what they think is a "safe" neighborhood as it may constitute discrimination and a possible attempt at steering.

Get yourself a broker, do what they tell you (like get pre-approved for a loan) and make yourself available to go out and view. Good Luck.
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0 votes 11 answers Share Flag
Fri Jan 8, 2010
Mack McCoy answered:
- This should be reason enough not to buy in these areas as any response to the reality of the market will be slow at best.

I'm hoping this is just a momentary lapse in your ability to prioritize in life. "Oh, I don't want to live in one of the greatest places on earth, because, well, they don't have a good real estate multiple listing service! Oh, yeah, and bagels make me fat." ... more
0 votes 19 answers Share Flag
Fri Jan 8, 2010
Jenet Levy answered:
Stefano,
I am not an expert in renovations by any means, but as a long-time resident of Park Slope, you are making a very solid investment in a very solid neighborhood. You will definitely get a good return on your investment.

Best,
Jenet Levy
Halstead Property, LLC
jlevy@halstead.com
212 381-4268\
jenetlevy.halstead.com
... more
0 votes 6 answers Share Flag
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