Asked by Chloe, New York, NY • Thu Jan 26, 2012
Hello everyone, my fiancee and I are looking to buy our first home. The money is being generously provided to us by my future father-in-law and I am trying my best to find the perfect home while saving him as much money as possible. As a newcomer to the world of real-estate I was hoping to find the answers to a few basic questions here on Trulia.
1) We are primarily looking at apartments in Park City Estates, has anyone heard anything negative about them?
2) My future father-in-law wishes to put 100% down in cash, how much of a break can I reasonably negotiate for on the price? I've noticed a number of the apartments have been listed for over a year, can I expect a good break? Similar apartments have sold in the past couple years at around a third less than the current asking prices.
3) My future faher-in-law is a foreign diplomat, how does that affect the taxation of the purchased home?
4) Should we enlist a realtor? An attorney? How much will they cost?
Thank you so much!!!
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