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Franklin Square : Real Estate Advice

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  • Local Info1
  • Home Buying6
  • Home Selling0
  • Market Conditions1

Activity 14
Sun Jun 11, 2017
Billyrose84 answered:
Tue Oct 25, 2016
Malgorzata Ringston answered:
Unfortunately Franklin Square 2 bedrooms is 2000 and up at this moment.
Good Luck!
0 votes 1 answer Share Flag
Tue Mar 29, 2016
Malgorzata Ringston answered:
Just letting you know that at this moment there is only one $2350 no garage. I'm from Franklin Square I can help.
Good Luck!
0 votes 1 answer Share Flag
Sun Mar 27, 2016
John asked:
I viewed the house at 1125 Langdon Street, and I can honestly say it is a disgrace to our community. I was so annoyed that I had wasted my time, to only learn about the open housing/code…
0 votes 0 Answers Share Flag
Fri Sep 18, 2015
Malgorzata Ringston answered:
Make an offer, talk to real estate professional and go for it. There is no time to waste if you like this house go for it.
Good Luck!
0 votes 5 answers Share Flag
Fri Aug 22, 2014
Anna M Brocco answered:
You should check with the local municipality http://toh.li/
https://msc.fema.gov/portal
0 votes 1 answer Share Flag
Thu May 29, 2014
Malgorzata Ringston answered:
Getting pre-qualified is the initial step in the mortgage process. You supply a bank or lender with your overall financial picture, including your debt, income and assets. After evaluation a lender can give you an idea of the mortgage amount for which you qualify. Pre- qualification can be done over the phone or internet, and there is usually no cost involved. The initial pre-qualification step allows you to discuss any goals or needs you might have regarding your mortgage with your lender. Getting pre-approved is next step. you will complete an official mortgage application, pay fee, and than supply the lender with the necessary documentation to preform an extensive check on your financial background and current credit rating.With pre-approval , you will receive a conditional commitment in writing for an exact loan amount, allowing you to look for home at or below that price level.
Good Luck
... more
1 vote 10 answers Share Flag
Mon Mar 3, 2014
answered:
I don’t think foreclosures (REO’s) are for everyone. It takes a special kind of Buyer to have the patience and the stomach for these types of purchases.

Foreclosures
• Someone else's headache. Do you really want to walk in the door to someone else's repairs and deferred maintenance? YOU will have to pay to fix it up! Do you have the tolerance for that?
• Professional Investors. Cash investors can close FAST (3-10 days). And there are lots of cash investors competing against you!
• Difficult to Finance. Banks don’t want to lend you money to buy a home that isn’t habitable! Yes, there are special programs to assist you with renovation money, but those are more difficult to qualify for.

If you don’t have the tolerance for Foreclosures here’s my advice:
There are plenty of motivated Sellers with their homes listed on your local MLS. Go find a good Local Mortgage Banker, get prequalified, then find a great, experienced Realtor, and buy the home you want at the price you're willing to pay.

Trevor Curran
NMLS #40140

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
... more
0 votes 3 answers Share Flag
Tue Sep 3, 2013
Gail Gladstone answered:
Dave,

Finding a home can be less stressful than you think.

We would be happy to provide you with a FREE service called Listing Book. Listing Book provides every property listed with the Multiple Listing Service.

We will set up an account that you will then own. Simply enter your search criteria and everything that matches your search will be delivered to your account.

If a property that is over your price limit is reduced into your range, you will be immediately notified.
When new properties are listed on the Multiple Listing Service that meet your search requirements, you will be immediately notified.

This service is free to you and does not obligate you to me or any other Realtor; you get to pick with whom you wish to work.

The minimal information we need to get you started is your full name, email address and $ maximum. You will control the rest.

Contact us at gail@GladstoneGroupRealty.com
516-368-8828
... more
0 votes 2 answers Share Flag
Tue Feb 26, 2013
Anna M Brocco answered:
Depends on the type of renovation(s); therefore without much information, the after repair value really can't be given at this time....
0 votes 1 answer Share Flag
Thu Aug 30, 2012
R Wright answered:
I would need more information obviously but maybe the DTI (Debt To Income) is too high. As well, the bank fees may be a problem. I could do a loan for you with zero bank fees on the front and get you a rate below 4%. I can also do a loan with DTI up to 50% and credit score down to 580. To discuss further, please give me a call@ 914-299-0420 ... more
0 votes 11 answers Share Flag
Tue Apr 12, 2011
Phillip Greenblatt answered:
Hi, It depends on why the second appraisal was ordered. Based on the fact that the bank felt the second appraisal was needed, I would have to think that they would want it. You should contact the bank or the mortgage representative and make sure. I hope this helps. Good Luck! Phil Greenblatt ... more
0 votes 2 answers Share Flag
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