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Home Buying in 11364 : Real Estate Advice

  • All15
  • Local Info1
  • Home Buying7
  • Home Selling4
  • Market Conditions0

Activity 6
Tue Dec 13, 2011
Dan Tabit answered:
Jinsquared,
The answer to your question will lie in the documents you signed with your application. There are lenders who will charge for the credit report up front and if the appraisal has been done you likely owe for that too. Beyond that is anyone’s guess and you are subject to the agreements you signed with the lender and their willingness to enforce them.
My question for you is, if you cancel are you prepared to start over with another lender? You say the seller will not extend, which may be their right, but then they are back on the market looking for another buyer with a failed sale.
I would suggest you raise heck with the lender, any supervisor or manager involved and let them know you intend to go public with your dissatisfaction on this and many other public sites. Often bad reviews will get a business’s attention and as long as you did your part in getting your documentation to them in a timely manner, it shouldn't be your fault. It sounds like you have made a good faith effort to obtain financing.
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Sun Dec 4, 2011
Jolie Muss answered:
Sarah,
There is no specific time as it depends on many factors such as urgency to sell, pricing and many others.
As you are a Home Buyer, if there is a home you are interested in, you can have the broker or agent (preferably a buyers agent/ broker) help you determine and present an offer that might get you the home at the price you are looking for.
Jolie Muss
Licensed Real Estate Broker & Brokerage
331 Columbus Avenue, New York, NY 10023
Office: 212 721-3301 Email: joliemuss@joliemuss.com
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Mon Oct 4, 2010
Julia Xelas answered:
I've closed on over a dozen co-ops this year and found that Robert Pacht is one of the best attorneys to use. He walks the buyer or seller through the entire process and puts their best interest before anything else. His prices are also very reasonable. Bob can be reached at 516.773.3900 or email him at robert@pachtlaw.com. Call or email me if you want some client testimonials that used Bob.

Julia Xelas
Station Realty of Douglaston
718.279.4800
julia@stationrealty.com
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Tue Mar 24, 2009
Anna M Brocco answered:
You can do an inspection but you may be better off with a Home Warranty. Keep in mind that in a co-op you only own shares of the corporation, and are not responsible for the building's roof, main pipes, main heating components, etc. With that said the decision to inspect or not is yours.

Anna
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Tue Mar 24, 2009
Anna M Brocco answered:
You can, but keep in mind you only own shares of the corporation and you are not responsible for the building's roof, main pipes, main heating components etc. A home warranty would you save you money.

Anna
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Tue Mar 10, 2009
Freda Manuel answered:
I use Attorney Dean Manuel from the Manuel Law office. He can be reached at (646) 290 5585. He has extremely competitive rates and is very accessible - he even meets clients on the weekends! ... more
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