Submit the offer. Note how much you will be putting down on contract signing (escrow), how much mortgage you will need to obtain, and if there are any contingencies (home inspection, mortgage approval, selling your current home, etc...)... more
I tell everyone the same thing- What you do before signing a contract is just as important as what you do after. Get yourself Approved for a mortgage. You will be able to review your credit and make sure everything is in order. As a Mortgage Loan Officer I will be able to advise on what loan programs are best for you. What programs will get you the lowest Mortgage rates and Payments. What documents will be needed. I can't stress this enough. Please call me so that we can discuss a loan program that is best for you. Sometimes a slightly higher down payment will make a huge difference in a mortgage payment. Call me to discuss your options. With over 15 years in Mortgage Lending I can do what most cant!
Mortgage Loan Officer
PNC Mortgage a Division of PNC Bank NA
Email: Christopher Miceli@PNCMortgage.com... more
As you can see there are many answers to the same questions. My advice is to choose a Realtor or three interview them as to their knowledge ,experience and ability and make a choice a good Realtor can make a huge difference. Never choose a Realtor on price and commission. Choose a Realtor on Ability.
I posted my blog article on choosing a Realtor to buy or sell!... more
both of the above answers are hogwash. Always ask - where does the information come from and who benefits.... I've been watching home prices fall for two years straight - ask any agent/broker and they'll all say 'oh...it's bottomed out' - never trust an agent/broker - commission should be by sale, not percentage, then they might be motivated to sell for actual market value, which is 20% lower than asking price today - how do I know? follow the trend - 2002-2003 prices today fall in line with historic appreciation rates - don't be fooled by the middlemen...... more
Hello, I get this question all the time. In condo developments you will most likely always have rental units because many people buy condos to eventually rent them out. Since you have no control of this no matter where you move, simply ask residents about the peacefulness of the building, look carefully at the condition as well. If you are moving into an area like Carroll Gardens the people who rent will be of a higher income level and professionals in order to afford the rent.
Your lawyer plays an important part in this as well because he has to go through the offering plan and financials to determine the stability of the complex and ownership percentage. So do your homework and protect yourself as much as possible.
Weichert Realtors, H.P Greenfield... more