Home Buying in Greenwood : Real Estate Advice

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Christopher…, Real Estate Pro in Garden City, NY
Christopher Miceli answered:
Should the bank approve my offer if it close to appraisal ?
Lily,
Depending on your down payment, How off the value is from the purchase prise and how bad you want the property will be the determining factor.

Call me I can help get you a M ... more
0 votes Share Flag Sun Jan 13, 2013 Home Buying in Greenwood
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
I have been in contract for five months, I am a first home buyer, and the status of house is in short sale.
Hi Lily,

I hear and feel your frustration; you are not alone. Many of my clients have experienced similar stress and frustration with the short sale process. I now strongly recomme ... more
0 votes Share Flag Tue Jun 12, 2012 Home Buying in Greenwood
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
Is house price lower than market value in Short Sale? How long it will take the process?
Hi Lily,

To specifically answer your questions:

1. NO, the owner cannot take ANY money from the Buyer in a Short Sale. This is FRAUD. If a Seller requests this on a house you ar ... more
0 votes Share Flag Tue Jun 12, 2012 Home Buying in Greenwood
Trevor Curran, Real Estate Pro in Great Neck, NY
Trevor Curran answered:
How can I deal with short sale?
Good morning Lily,

In general, I recommend my First Time Buyer clients avoid short sales and foreclosure (bank-owned or REO) properties. The home buying experience is challenging en ... more
0 votes Share Flag Tue Jun 12, 2012 Home Buying in Greenwood
;,  in Riverhead, NY
; answered:
There are 2 accepted offers on our condo.
It would seem that the common sense approach (in the event that you are unable to obtain the property) is to have your OWN lawyer, or real estate agent, put the contract together for y ... more
0 votes Share Flag Thu Jul 17, 2008 Home Buying in Greenwood
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