Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in 11710 : Real Estate Advice

  • All15
  • Local Info0
  • Home Buying7
  • Home Selling3
  • Market Conditions0

Activity 6
Wed Aug 26, 2015
Oleg Volfman answered:
Hi Persaud.

From what you wrote, I did not see if you were buying this with mortgage or cash? If cash, you pretty much stuck, if mortgage, there might be a way.

Good Luck.
0 votes 3 answers Share Flag
Tue Apr 8, 2014
robert kipnis answered:
First - None of my neighbors homes are being razed - I have lived here for the last 40+ years - On the Water with no Sandy damage - the only razing is for renovation and improvement. Some older homes that were built at a much lower elevation were hard hit in some cases.
As for 10,000 Sq.Ft. of gross living area (GLA) there is only one home I can thinkof. It is not on the market but would probably sell for upwards of 2 million.
The market here is extremely strong. The media depiction of this area out of this area will only show that which is going to sell views or papers.
... more
0 votes 2 answers Share Flag
Tue Apr 8, 2014
robert kipnis answered:
First - None of my neighbors homes are being razed - I have lived here for the last 40+ years - On the Water with no Sandy damage - the only razing is for renovation and improvement. Some older homes that were built at a much lower elevation were hard hit in some cases.
As for 10,000 Sq.Ft. of gross living area (GLA) there is only one home I can thinkof. It is not on the market but would probably sell for upwards of 2 million.
... more
0 votes 1 answer Share Flag
Thu Apr 25, 2013
answered:
Good afternoon Robert,

I've been helping First Time Buyers for 23 years as a mortgage professional and I will tell you what I have always told my clients here in New York: If you are a First Time Buyer, steer clear of foreclosures and short sales.

Foreclosures are someone else's headache. The home probably has not been well-maintained and you're a First Time Buyer adjusting to paying a mortgage. Do you really want to walk in the door to someone else's deferred maintenance that YOU will have to pay for? Also, if you're thinking there are deals to be had in terms of lower prices, mostly those "deals" go to professional investors who can pay cash, negotiate hard with a Lender, and close fast.

For Short Sales, my attitude of late is that First Time Buyers should steer clear. Short Sales tend to be a better deal for the homeowner than for the Buyer. You'll wait MONTHS for the homeowner's Lender to approve the short sale; maybe as long as Six or Seven Months. Meanwhile, you're stuck in a contract to buy that home. I closed a short sale recently with a Buyer who, after seven months said this at the closing table, "I don't even want this house anymore."

And he didn't even get the "deal" on price he thought he was getting! The house appraised for only slightly more than he paid for it at the short sale price. He walked into this deal thinking he was buying a home for $100,000 less than it's value. In the end that wasn't the case.

There are plenty of motivated Sellers with their homes listed on your local MLS. Go find a good Local Mortgage Banker, get prequalified, then find a great, experienced Realtor, and buy the home you want at the price you're willing to pay.

Trevor Curran
NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
1010 Northern Blvd. Suite 234
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
NMLS#3528

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
... more
0 votes 18 answers Share Flag
Sat Jun 9, 2012
Fajardo Delacruz answered:
We wolud have to check with the town of Bellmore.
Please just give me a call as soon as you can.

Thank you.
Fajardo Delacruz
Licensed Real Estate Agent
Century Homes Realty Group llc
Direct Line: 347-932-0609
... more
0 votes 3 answers Share Flag
Wed Apr 28, 2010
Geri Sonkin answered:
I would say no. I've been selling real estate in Bellmore for over 24 years and I've never seen a mobile home in town. I don't know if you've attempted to purchase land in the Bellmores but lots here, or tear downs are not that inexpensive as to make it economically feasible anyway. If a mobile home is your choice I would find out where existing communities are and go that route.

Wishing you luck in your search.
... more
0 votes 4 answers Share Flag
Search Advice
Search

Followers

248