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For Rent in East New York : Real Estate Advice

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  • Local Info10
  • Home Buying12
  • Home Selling1
  • Market Conditions5

Activity 4
Thu Dec 1, 2016
Soulflbklynite asked:
I am looking for a studio with 1 bath, 1 bedroom or basement apartment, preferably utilities included (but open) for at least $1000 to $1,200
0 votes 0 Answers Share Flag
Tue Mar 25, 2014
Joseph Runfola answered:
Rent to buy may also be called Lease to Buy; Renters pay a certain amount each month to live in the house, and at the end of an agreed upon period they have the option to buy the house. Each month of rent they pay is income for the seller, while a portion of it goes toward a down payment to eventually buy the home. Be aware that many contracts in rent-to-buy situations disallow late rental payments from counting toward an eventual sale. People with on time payment issues might lose equity when making late payments. Before you enter into this sort of arrangement talk long and hard with your real estate attorney, consider all the liabilities, and have a complete understanding of what's involved. Rent to buy can be helpful, but shouldn't be entered into by anyone who isn't serious about eventually buying the home. Seek legal advice from a licensed NY Attorney because this could end up costing you more money in fees, and above-market rent payments, and a complete loss of all up front fees. ... more
1 vote 4 answers Share Flag
Wed May 22, 2013
Charisse Smith answered:
Hi Linda,

I can help you find a 2 BR apartment in your price range. Give me a call so we can discuss your desired specs. I can be reached at 347-661-6587.

Warmest Regards,

Charisse Smith
Licensed Real Estate Salesperson
Rapid Realty NYC - Prospect Heights
charsmith@rapidnyc.com
347-661-6587
... more
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