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 Bushwick : Real Estate Advice

  • All132
  • Local Info15
  • Home Buying39
  • Home Selling3
  • Market Conditions6

Activity 31
Sun Oct 28, 2012
Lior Raviv answered:
Hello, not sure which house you refer to, call me to view great homes at great prices in Bushwick or Bed Stuy. 718-880-2170 Lior
0 votes 4 answers Share Flag
Sat Sep 8, 2012
Trevor Curran answered:
Good morning Keith,

You should consult immediately with your Attorney. This is a legal matter.

With regards to the 203k program and switching contractors, you should consult with your Lender, but in general it is very difficult to change contractors once you have closed on a 203k loan.

NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
NMLS#3528
... more
0 votes 4 answers Share Flag
Thu Jul 19, 2012
Trevor Curran answered:
Dear Karen,

Sit down face to face with your Mortgage Banker to be thoroughly prequalified. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for, and most importantly, what is a realistic mortgage amount for you in terms of monthly payment.

As to price---rate and fees---competitive if not better than the BIG BANKS.

You can verify the License of any Licensed Mortgage Loan Originator at nmls.consumeraccess.org

Trevor Curran
NMLS #40140
... more
0 votes 7 answers Share Flag
Thu Feb 23, 2012
Javier Meneses answered:
There are plenty of low down payment loans. There are several different things you can do, but a great percentage of home buyers are only coming up with 3.5-10% down, not 20%.
1 vote 5 answers Share Flag
Thu Mar 31, 2011
Mitchell Feldman answered:
Dear Bob:

Unfortunately nobody has a crystal ball to determine what will happen with property values in the future. People can formulate opinions, but in the end there is no guarantee. With regards to the Bushwick area, before the market started going down there was significant refortification happening there and lots of potential for future value growth. Now prices are very low in the area which makes it very affordable for most buyers. On the negative side, there is also a high level of short sale and foreclosure activity in the area which will make it hard to determine which way property values will go over the next 3 to 5 years.

In my opinion, if you are planning to stay for more than 5 years you should be in good shape.

With regard to the occupancy rate, with two family homes in the area it is quite high, I would dare to say that 97% of the apartments in two family homes are occupied, excluding foreclosed and/or vacant properties.

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 4 answers Share Flag
Tue Aug 17, 2010
Elizabeth Caruso asked:
My Buyer made an offer. It was accepted. (The Highest Offer in the Building to date). He was told he had to go with DE Capitol, their Premier Mortgage guy and he did in fact do so. He…
0 votes 0 Answers Share Flag
Wed Jul 14, 2010
David Rogoff and Bonnie Chernin answered:
Dear Anna,

We have experience with multi-families and estate sales in Bushwick and would be happy to help you. Contact David at the number below, and we will assist you.

Best regards,

Bonnie Chernin & David Rogoff
Fillmore Real Estate - Branch 19
917-593-4068 - David Mobile
646-318-5031 - Bonnie Mobile
... more
0 votes 8 answers Share Flag
Sun May 9, 2010
Pierre S King (Free Real Estate Tips From The King) answered:
Ba:

There are many other questions needed to be asked inorder to find the right loan office. Some are:

Income
Credit History
Work History
Assets, etc.

You may email at mrrealestateking@yahoo.com

Thanks.

Pierre King
... more
0 votes 5 answers Share Flag
Tue Mar 23, 2010
Manu Kapoor answered:
Mr Cox,
U could also click here or go to www.nyc.gov/acris. If you are looking to track your NYC real property recordings, ...
0 votes 3 answers Share Flag
Fri Mar 5, 2010
Joseph Hastings answered:
Hello Israel. As a licensed Broker Associate, I highly recommend you read the comments by "Dunes" below. He, as a private owner/buyer-seller/investor has provided you with an accurate non-biased answer. There is much to be aware of when purchasing property. You should also consider going into your local Realtor's office and talking with one of their brokers.

One thing is for sure, you'll need to start the education process for yourself and the suggested website are great options. It's interesting to note that a buyer is approximately 87% likely to start their search on the web. Here's a prime example. Good luck on your journey.
... more
1 vote 19 answers Share Flag
Mon Dec 21, 2009
Debra (Debbie) Rose answered:
Ann, if the home you are asking about is listed, have the agent aks the sellers for copies of their bills. This will give you some idea of what to expect. Naturally, your usage may cause those numbers to vary.

Good luck!
... more
0 votes 2 answers Share Flag
1 2
Search Advice
Search

Followers

634