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Property Q&A in Clason Point : Real Estate Advice

  • All25
  • Local Info3
  • Home Buying3
  • Home Selling0
  • Market Conditions1

Activity 16
Wed Aug 14, 2013
Garfield Bull answered:
yes, please call me 2 646-851-6799 to discuss, thnak you
0 votes 2 answers Share Flag
Thu Feb 28, 2013
Anna M Brocco answered:
The referenced link is a public record, therefore the property may not necessarily be for sale; for an actual status contact any local agent/realty office.
0 votes 1 answer Share Flag
Mon Feb 11, 2013
Trevor Curran answered:
Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

The basic concept is finding a way to "force" savings towards a down payment by including a portion of the monthly rental that goes towards that savings. You pay your rent every month and your Landlord deducts a pre-determined amount to hold in a special bank account, called an "escrow" account. Your Landlord holds that money until you have saved up enough---through this "forced-savings" method---to meet a down payment to purchase the home.

The terms of the purchase price, including the down payment amount, and the amount to be set aside from the rental for down payment, are all set down at the time of lease signing.

It's all about helping the renter/tenant save up enough money for a down payment to buy a home (in this case, the one you're renting). But this is a better deal for the Seller because he gets to lock in a purchase price and a buyer today for a future sale.


Saving money for a down payment? Well, heck, you can do that on your own.


If you are dedicated to the idea of buying your own home, you can create your own savings plan to save up enough money for a down payment. And when you have saved up enough for a down payment, if that takes a year or two or more, YOU get to decide on the price you're willing to pay for the house at that time based on current market conditions. You won't be locked in to a price that may be a lot higher than what the house is worth in the future.

With Rent To Own you'll be locked in both to the house and to the price, even if it takes you 3 years to save enough through the forced savings of the rent payments. What happens if three years from now your life situation has changed? Maybe you need a bigger/smaller home. Maybe your employment has relocated. Maybe your credit or income is insufficient to qualify for a mortgage loan.


Find a way to save up on your own; not with Rent To Own.


Sit down with a local Mortgage Banker and get yourself prequalified, too. You may find you're better qualified than you think you are, and, if you're not, at least you'll know how much loan your income and credit qualify you for, and how much you have to save towards down payment and closing costs.

Trevor Curran
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 2 answers Share Flag
Mon Oct 1, 2012
Luis Sanchez answered:
Yes, we do accept Section 8 Voucher but person must be employer. The location we have is in Easchester, Bronx, NY. If you are interested in, I need to know what is your employer salary per year, and other person moving with you, and what is your seeking apartment criteria like 1,2,3 BR Apt. I could be contact via email to l.sanchez@myfinancialconnections.com. Thank you, Luis Sanchez, License Broker Agent. ... more
0 votes 1 answer Share Flag
Mon Aug 6, 2012
Patricia Moccia answered:
Hi Marecia,

This property is showing active. The common charges are very low at only $286.00 p/mo plus your taxes. I would be happy to show you the property if you're not already working with another agent. This is a lovely gated community. They're wonderful views of the Manhattan skyline, Throggs Neck and Whitestone Bridge.

Please feel free to contact me directly at 914-525-4533. Your can also visit my website as noted below to sign up for free listings. Thank you.

Patricia Moccia
Associate Broker
Weichert Realtors
Cell: 914-525-4533
... more
0 votes 3 answers Share Flag
Mon Jun 11, 2012
Anna M Brocco answered:
The referenced property appears to be a by owner rental with no contact information on the contact property tab, however you can try clicking on sublet.com; keep in mind that scams do exist, therefore if you proceed in trying to locate the owner, always verify ownership before exchanging any money/personal information. Consider working with an agent. http://www.ftc.gov/opa/2009/05/rentalscam.shtm ... more
0 votes 1 answer Share Flag
Wed Jun 6, 2012
Anna M Brocco answered:
Thank your for your service. The referenced property appears to be a by owner rental with no contact information on the contact property tab, however you can try clicking on sublet.com; keep in mind that scams do exist, therefore if you proceed in trying to locate the owner, always verify ownership before exchanging any money/personal information. Consider working with an agent. http://www.ftc.gov/opa/2009/05/rentalscam.shtm ... more
0 votes 3 answers Share Flag
Mon Jun 4, 2012
Anna M Brocco answered:
The referenced property appears to be a by owner rental with no contact information on the contact property tab, however you can try clicking on sublet.com; keep in mind that scams do exist, therefore if you proceed in trying to locate the owner, always verify ownership before exchanging any money/personal information. Consider working with an agent, also check www.mlsli.com for other available area properties.
http://www.ftc.gov/opa/2009/05/rentalscam.shtm
... more
0 votes 2 answers Share Flag
Sun Jun 3, 2012
Bruce McIntyre answered:
Desire Shaw, I would ne more than happy to assist you. Unfortunately this listed property does not seem to be real. i am a Bronx Professional and have neever seen nor heard of A S. Jamaica Bronx. It literally does not exist. As I looked further into it, that property actually was in Queens and it still not have been verified as a true rental or sale property. If you need any more assistance please feel free to contact me via phone or email. bruce.mcintyre@pantigagroup.com 1315 278 2566 ... more
0 votes 2 answers Share Flag
Sat May 26, 2012
Deon Branch asked:
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This question is about this property: http://www.trulia.com/rental/3079306142--S-Jamaica-Bronx-NY-10473
0 votes 0 Answers Share Flag
Wed May 23, 2012
Anna M Brocco answered:
The referenced property appears to be a by owner rental with no contact information on the contact property tab, however you can try clicking on sublet.com; keep in mind that scams do exist, therefore if you proceed in trying to locate the owner, always verify ownership before exchanging any money/personal information. Consider working with an agent. http://www.ftc.gov/opa/2009/05/rentalscam.shtm ... more
0 votes 1 answer Share Flag
Tue May 22, 2012
brenda_82470 asked:
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This question is about this property: http://www.trulia.com/rental/3079306142--S-Jamaica-Bronx-NY-10473
0 votes 0 Answers Share Flag
Tue May 22, 2012
Regina Lightly answered:
renting a home is not just about the size and units, check out the crime rates of that area and location. im sure you"ll change ur mind about living there. Every property has a rating on their neighborhoods. ... more
0 votes 1 answer Share Flag
Fri May 18, 2012
Anna M Brocco answered:
The referenced property appears to be a by owner rental with no contact information on the contact property tab, however you can try clicking on sublet.com; keep in mind that scams do exist, therefore if you proceed in trying to locate the owner, always verify ownership before exchanging any money/personal information. Consider working with an agent. http://www.ftc.gov/opa/2009/05/rentalscam.shtm ... more
0 votes 1 answer Share Flag
Sun May 13, 2012
Anna M Brocco answered:
The referenced property appears to be a by owner rental with no contact information on the contact property tab, however you can try clicking on sublet.com; keep in mind that scams do exist, therefore if you proceed in trying to locate the owner, always verify ownership before exchanging any money/personal information. Consider working with an agent. http://www.ftc.gov/opa/2009/05/rentalscam.shtm ... more
0 votes 1 answer Share Flag
Tue May 8, 2012
LANIAL112 asked:
I'd like to see the apartment, please. Thank you.

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This question is about this property: http://www.trulia.com/rental/3079306142--S-Jamaica-Bronx-NY-10473
0 votes 0 Answers Share Flag
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