11221 : Real Estate Advice

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Lynda Pilgri…, Real Estate Pro in New York, NY
Lynda Pilgrim-Duke answered:
Are there any legitimate rent to own homes in Brooklyn, NY?
Yes, i do believe there are
0 votes Share Flag Wed Aug 31, 2016 Home Buying in 11221
Nirmaljit Ka…, Real Estate Pro in San Jose, CA
Nirmaljit Kaur (Nimo) answered:
How can I change the photo of our home on this site? The photo currently displayed is of the old facade.
Hi Jim, You can call your agent or call Trulia customer service 1-888-466-3501. I hope it will be helpful. Thank You so much. Enjoy!
0 votes Share Flag Tue Jun 23, 2015 Curb Appeal in 11221
Kelly Pessis, Real Estate Pro in Malibu, CA
Kelly Pessis answered:
Is it better to inspect a Short Sale house before submitting an offer?
Your contract is most likely written that once approved you have a certain amount of time to perform inspections. You might never get to that point so save your time and money and wait ... more
0 votes Share Flag Fri May 29, 2015 Home Buying in 11221
Kelly Pessis, Real Estate Pro in Malibu, CA
Kelly Pessis answered:
Do lenders require Landlord Course?
No, not unless it is some sort of government program. I do suggest that you join an apartment owners association in your town. They usually offer advise, documents and legal questions ... more
0 votes Share Flag Fri May 29, 2015 Home Buying in 11221
Toni Licciar…, Real Estate Pro in Woodbury, NJ
Toni Licciardelli answered:
What does a short sale mean?
The liens on the property exceed the market value of it, and the bank (usually primary lien holder) basically agrees to release their claim for an amount 'short' of what is owed to them ... more
0 votes Share Flag Fri May 29, 2015 Home Buying in 11221
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
We are selling our 2-family home in Brooklyn. We rented a floor, which pulled in 100K over six years. What can we expect pay in capital gains taxes?
Libby,
Debbie is right, please get an accountant to answer your question. Preferably one who will attend your audit if they give you bad advice.
2 votes Share Flag Mon Apr 6, 2015 Home Selling in 11221
Diane Christ…, Real Estate Pro in Sarasota, FL
Diane Christner answered:
I am currently renting an entire house. I have always paid my rent and I received a notice on my door ..an eviction notice.
Do you have a lease or are you renting without a lease? If you do not have a lease and are considered month to month, 30 days notice may be sufficient, depending on state statutes. A ... more
0 votes Share Flag Fri Jan 2, 2015 Rentals in 11221
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
I live in a three family dwelling that I have been notified is in foreclosure; do I still pay the landlord rent?
Beverly,
Tim is correct. It's not uncommon for homes to go in and out of foreclosure, so you don't want to fall behind and get evicted. If the Foreclosure is completed, you'll hear ... more
0 votes Share Flag Sun May 18, 2014 Foreclosure in 11221
Jean Paul Ho, Real Estate Pro in Brooklyn, NY
Jean Paul Ho answered:
Heloc question in regard to downpayment
GET UP TO $ 65,000.00 IN GRANT
Why rent? Is there anyone giving YOU money to rent? Any tax deduction? Rent KEEPS going up in Brooklyn? Own CHEAPER than renting - You are in a fixed i ... more
0 votes Share Flag Thu Jan 23, 2014 Military Movers in 11221
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
who can help me improve my credit score?
We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrib ... more
1 vote Share Flag Thu Jan 23, 2014 Credit Score in 11221
Kathryn Lilly, Real Estate Pro in New York, NY
Kathryn Lilly answered:
What are the basic requirements for adding a new listing in specific area?
It needs to be YOUR listing, you cannot list other Brokers listings!
0 votes Share Flag Wed Jan 22, 2014 Agent2Agent in 11221
Marie Brombe…, Real Estate Pro in New York, NY
Marie Bromberg answered:
Im going to view an apartment that's up for rent but just saw online that the house is up for sale/resale. Is that safe to rent?
Be sure you're working with a reputable real estate agent / broker so that you can run these types of questions through them and they can check out the rental. A lease does supersede a ... more
0 votes Share Flag Mon Dec 9, 2013 For Rent in 11221
lendersnetwo…, Real Estate Pro in Plano, TX
lendersnetwork answered:
If I have 10k to put down on a multi family home. Would I get approved even if my credit isn't great?
FHA allows lenders to go down to a 580 credit score for home loans. Most lenders do not and they require a minimum score of 620, we work with a lot of people with scores below 600. Chec ... more
2 votes Share Flag Wed Nov 6, 2013 Home Buying in 11221
Mitchell Fel…, Real Estate Pro in Brooklyn, NY
Mitchell Feldman answered:
In NYS. Signed contract 2 purchase estate home. Seller attorney said its in the Surrogate Court. How long to close estate home? Waiting in Bklyn
Dear Car:

Without seeing a copy of your contract and/or having more details, there is no way to tell. If it is simple estate, it can take 30 to 60 days. If there are issues that need ... more
0 votes Share Flag Wed Oct 30, 2013 Home Buying in 11221
Lior Raviv, Real Estate Pro in woodhaven, NY
Lior Raviv answered:
I left my property in a foreclosed home I was squatting in, and now it's gone, what can I do?
I don't think there is much you can do at this point. My best advise is to start over and try to stay away from similar situations going forward.
0 votes Share Flag Thu May 2, 2013 Foreclosure in 11221
Alicia Lopez, Real Estate Pro in Queens Village, NY
Alicia Lopez answered:
LOOKING FOR A BRICK 2 FAMILY HOUSE IN BED STY IN A NICE CONDITION ANY HELP ???
I have a 2 family house for sale in Canarsie in SUPER excellent condition. But if you only want BS then let me know whats your price range?
0 votes Share Flag Sun Jan 6, 2013 Home Buying in 11221
Claudia Will…, Real Estate Pro in New York, NY
Claudia Williams answered:
Does the relatively high number of pre-foreclosures in the Bushwick, Brooklyn area suggest a weak market for sellers or landlords seeking renters?
The short answer is No. Real Estate is "location, location,location", and right now the rental market in Brooklyn is very strong.---so it's hard to compare "apples to oranges" so to s ... more
1 vote Share Flag Sun Jan 6, 2013 Market Conditions in 11221
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