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Home Buying in 11434 : Real Estate Advice

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  • Local Info1
  • Home Buying14
  • Home Selling4
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Activity 12
Fri Nov 3, 2017
nancya148 answered:
They are absolutely hurting the sellers, and they are also hurting themselves. The more brokers involved in selling a home, the quicker the home is likely to sell. Having just 1 broker who can show the place obviously cuts down on its exposure and slows down the sale. A slow market also lowers sales prices. It is incomprehensible why real estate agents do this. Sure, you get less commission if you co-broke, but you will likely sell many more houses in the same period of time.
And you will never get any agent to explain why some would do this.
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0 votes 15 answers Share Flag
Mon Feb 27, 2017
james turano asked:
In my area which includes 5 towns of Queens,NY most agents are like sharks when it comes to making deals and money. But in south Jamaica the agents seem to be lazy and do not want to earn…
0 votes 0 Answers Share Flag
Sat Aug 20, 2016
Willrin asked:
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This question was asked from this property: http://www.trulia.com/foreclosure/3220734691-14593-178th-Pl-Queens-NY-11434
0 votes 0 Answers Share Flag
Fri Aug 12, 2016
Angelica P answered:
Hello,

We are a real estate search engine so we don't represent the homes found on our site. Please follow these steps to begin your home search:

1. Click the 'Buy' tab at the top of our homepage.
2. Enter your desired city and state in the search bar and hit Enter.
3. Click 'Max Price' to select what your highest price would be to pay for a home. Click 'Min Price' to set the lowest price you would pay.
4. Select your preferred property type, square footage, allowed pets, etc.
5. Click the orange 'Done' button.

This will begin to pull up listings that are more tailored to what you are looking for.

If you are interested in a listing, click on the "Request Viewing" button. You can also take advantage of our vast network of agents here:

http://www.trulia.com/directory/

We hope your experience with Trulia is memorable and thank you for using Trulia for all your real estate needs.

For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

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Thank you for using Trulia!

Angelica
Consumer Care Advocate
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0 votes 1 answer Share Flag
Thu Jun 23, 2016
S.r.davis6 asked:
Sat Mar 8, 2014
Lance McKenzie answered:
Concessions are a set dollar amount or percentage of the purchase price that a seller agrees to contribute to you, the buyer, towards your closing costs. Therefore "CONCESSIONS AND REQUIREMENTS before calling" means if you will be requiring concessions in order to finance your purchase, you should have all the details of your concession request available when you call on the property. This way the Seller knows up front if your financing concessions are agreeable before the home is even shown. Hope this helps! ... more
0 votes 1 answer Share Flag
Sun Sep 29, 2013
Gail Gladstone answered:
Depending upon the financing you qualify for, you can have 5-20% down payment (to give you an idea of what purchase price you can handle). You will also need 4-5% of the purchase price for closing costs.

My best recommendation? call Dominick Sutera of Academy Mortgage Corp at 516-655-2900 (or desutera@BankAMC.com and provide him with your criteria.

Dominick will tell you exactly what you can afford...no obligation and no cost.

gail@GladstoneGroupRealty.com
718-928-9580
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0 votes 3 answers Share Flag
Thu May 9, 2013
Anna M Brocco answered:
Rent to own is similar to a car lease. 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... ... more
0 votes 2 answers Share Flag
Wed Jul 18, 2012
Anna M Brocco answered:
In this area most owners prefer to sell outright, therefore such opportunities are rare. Do 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 beforehand. Rather try to save up for a downpaymenr, FHA only requires 3.5% down and do continue improving your credit... ... more
0 votes 1 answer Share Flag
Mon Feb 28, 2011
Scott Godzyk answered:
There are several pros for the renter, the first having an opportunity to build credit towards a house that can be theirs to own, also the time to be able to clear credit or save money for the down payment and closing costs. For the seller, it is knowing they will have a tenant that will take care of the property as it was their own. The key factors is to have teh tenant prequailifuied prior to signing a lease, make sure they can afford that sales price, that they will be approved for that monthly payment. They should simply nee dtime to save teh down payment or clean soem credit, they should be able to obtain a mortgage in 2 years or less. If they can not obtain a mortgage in this amount or in this time, they are not a good fit for that home.

Please see my blog for a complete list of tips and advice on how to rent own for tenants and for home owners
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0 votes 13 answers Share Flag
Tue Nov 30, 2010
Dan Tabit answered:
Noe,
Congratulations on your upcoming wedding. If you came to me, we'd look at what would work with your current down payment; consider an FHA loan which only requires 3.5% down. This would qualify you for almost $142,000 purchase. I realize this wouldn't buy much in your area, so the alternative would be to save more or obtain an approved gift for additional funds.
I would suggest you meet with a local lender to verify my numbers, and yours and possibly create a plan to be able to buy. Perhaps some wedding gift money will come in to help. I wish you the best.
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1 vote 3 answers Share Flag
Thu Mar 26, 2009
Anna M Brocco answered:
Absolutely, call the school directly.

Anna
0 votes 2 answers Share Flag
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