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Home Buying in East Harlem : Real Estate Advice

  • All45
  • Local Info7
  • Home Buying11
  • Home Selling0
  • Market Conditions3

Activity 11
Fri Apr 8, 2016
Sookkwon40 answered:
***** FOR SALE BY OWNER *****.

Panoramic View on Ideal Location (about 2 Acres) For $349,000

Overlooking Great Hudson Valley, slopping well-landscaped 1.61 (1.20 + 0.41) acres on the top of mountains. Complete privacy and tranquility. Ideally set among fruit trees (apple, pear, and cherry), grape vines, fruit bushes (blue berry, and raspberry), white birch, evergreens (three kinds of pine trees and Christmas trees), flowering trees, and flowering ground cover all over.

Vegetable garden: Korean herb (dudug, doragy, ssuck and jackyack, etc.) You can watch sunrise and sunset

Bedrooms: 3-4, Bathrooms: 2-3, 2800 Sq. feet, 1977 built (1998 Renovated) Central A/C with wide and deep deck.

Master Bedroom, Living Room with Fireplace, Family Room, Formal Dining Room, Sun Room, Mother/Daughter Suite. Hardwood Floors, TV Cable (Korean and American). Driveway Paved (5000 Sq. ft, 2009)

Just 70 miles from NYC, 10 miles from Middletown, New York, 1 mile from Route 17 W (Future Highway 86 W). Minutes away from NYC Commuting Train (10 miles) and bus (1.5 miles), medical facilities (12-15 miles), shopping malls and supermarkets (10 miles) free-entry state land for hunting (attached), and Performing Art Center (17 miles).

Lower Taxes than Westchester, Rockland, and Orange Counties. The home is located in Bloomingburg, New York . (Sullivan County) E-mail for an appointment at www.sookkwon40@gmail.com
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Sun Mar 6, 2016
Jonathan Lahey Your Home SOLD Guaranteed answered:
Click this link , and type the location to see the crime rate - http://spotcrime.com/ny/new+york
0 votes 1 answer Share Flag
Thu Oct 22, 2015
Alexandra Brovenick answered:
Hi there, I have all the back information on any place listed in Manhattan. Also very important is to know the tax deductible of the maintenance. This will save you a lot of money when tax time rolls around every year. This is not public knowledge but I would be more than happy to help you with you NY apartment search. Hiring a broker on the buying side does not cost you any money. please feel free to reach out, and I can further assist you. best, alexandra - abrovenick@townresidential.com ... more
0 votes 2 answers Share Flag
Wed Aug 27, 2014
jessie bonaparte answered:
Renting or selling decisions can be answered by considering personal financial needs. Taxes, income, assets, cash flow, these issues are all major topics that need to calculated when making real estate decisions. The people on your team should be your accountant, or tax preparer, your real estate sales representative, a contractor, and a major amount of time should be spent on what you are going to dao with the money. I can help you with my experience.

very truly

Jessie Bonaparte
917 806-1353
j.bonaparte@hlresidential.com
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0 votes 9 answers Share Flag
Mon Jul 8, 2013
Vandana Ranjan answered:
Maintenance fee is part of coop apartment dues which is a separate fee, not included in mortgage. It is a monthly fee. The maintenance fee covers the employees salary, underlying building mortgage which is separate from personal mortgage and other building operating expenses. ... more
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Mon Jul 8, 2013
Jenet Levy answered:
There is no link associated with your question.
0 votes 2 answers Share Flag
Thu Feb 28, 2013
Gabrielle Everett answered:
That all depends on your financial situation and your credit history. If your credit is up to par there are many programs available to help first time homebuyers get into a home. If your credit is not up to par there are ways to clean up your credit and get you on the road to homeownership. There are many personal details that have to be considered in order to fully answer your question so if you would like a consultation please feel free to call me at 917-771-0673. ... more
0 votes 23 answers Share Flag
Mon Jan 7, 2013
Katherine (Kate) Shindle answered:
In your situation (and I am a HUGE advocate of buying vs. renting), be very careful.

Many HPD/HDFC lottery programs require their "winners" to pay back a substantial portion of their proceeds to the city upon resale. And remember that an apartment with an income cap can be more difficult to find a real buyer for.

That said, I myself live in an HPD building in East Harlem, so I've personally wagered on the future of the neighborhood. I believe it will turn out to be a good bet!

I've been searching the low end of the market (@ $1000/mo) for another customer. Let me know if you need help!

Kate
Douglas Elliman Real Estate
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0 votes 4 answers Share Flag
Sun May 27, 2012
winterdonoshio answered:
if you want to see it email me
0 votes 3 answers Share Flag
Thu Feb 3, 2011
Rob answered:
A good estimation of market value for any given property depends on many factors including location, size, layout, ceiling height, light, views, materials, finishes & amenities. It also depends heavily on supply, demand, and . Without seeing the property in person, and researching the market in the immediate surrounding area (to find out how much similar properties have been trading for recently) there is no way to accurately estimate market value.

This type of research is what brokers do for their clients. Their expertise gives their clients the strong negotiating position necessary to get the best possible price. If you'd like to contact me just click on my name above. I'd be glad to help.
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0 votes 2 answers Share Flag
Mon Apr 20, 2009
Yocari Lara answered:
In short, yes.

However, the long answer sounds like a disclaimer - "every purchase is assessed on a case-by-case basis" meaning that it really depends on several things that the other agents here have pointed to and you did as well.

1. Your exact credit used at the time of your loan.
2. Your debt to income ratios (28 & 32)
3. The building you select (and if being built what stage is it in)
4. Percentage Sold in building
5. Co-op, condo, condop, or house.
6. Your bank and their current lending criteria.
7. Many other factors...

So you see, FT, it is really tough to give you a broad answer when you are looking for a unique solution.

Call me and I can get you in contact with mortgage professionals that deal with 3.5% FHA all the way up to the, now seldom used, Jumbo loan prodcuts. Also, with a particular professional, if your credit is below a bank's cusp, he'll work with you to upgrade your credit score.

My number is 646.442.7407

Good luck on your search & take advantage of this market if you can!
Yocari
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