How do I find out if short sales are available in a new condo building I would like to buy in?

Asked by Ed, Brooklyn, NY Fri Sep 24, 2010

There seem to be many apartments that move from ïn contract¨to ¨for sale.¨ Who would I ask about short sale apartments

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9
unkhkhih, , New York, NY
Thu Nov 7, 2013
I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. If you simply need advice please email me at KDrake@remaxnyc.com. I'm experienced (but not limited to) with closing deals with rentals in the 11201 zip code. I’ve provided links below regarding any concern you may have.

Finance Advice:
http://www.fpanet.org/LifeGoals/BuyingaHome/

Bank Expertise:
David.Axelrod@bankofAmerica.com

Appraisal Expertise:
LadSurs@gmail.com

Legal Advice:
http://www.lawhelpmn.org/issues/housing/buying-and-owning-a-…

Advice for Buyers:
http://portal.hud.gov/hudportal/HUD?src=/topics/buying_a_home

Advice for Sellers:
http://www.realestateabc.com/homeselling/

Tax Concerns:
http://www.tax.ny.gov/pit/property/
0 votes
Ed, Home Buyer, Brooklyn, NY
Mon Sep 27, 2010
Thanks everybody for your input! It helps to bounce these questions around.
0 votes
Rhonda Holt, Agent, New York, NY
Sat Sep 25, 2010
There a few ways you can find out if there are any short sales in a new condo building.

- You can write a letter and mail each owner asking if they would like to sell their condo.
- You can call or visit the real estate offices near the condo building to ask about any available units.
-You can go online to sites like RealtyTrac.com to find pre-foreclosures.

I hope this answer has helped you.
Web Reference:  http://www.RhondaHolt.com
0 votes
John Juarez, Agent, Fremont, CA
Sat Sep 25, 2010
Ed,

For short sales in the condo building in which you are interested or anywhere else, you should contact a local real estate professional for help. Pick are Realtor with whom you feel comfortable and who you feel can meet your needs. If you do not know anyone ask a friend or relative for a recommendation. Most people know a Realtor that they would be happy to recommend. Best part is that your Realtor comes free to you since the Realtor's commission is usually paid by the seller.
0 votes
Mitchell Fel…, Agent, Brooklyn, NY
Sat Sep 25, 2010
Dear Ed:

Almost every real estate agents works with short sales these days. You should contact an experienced agent in the area that you are searching and they should be able to help you. If you want give me a call, I have two offices in Brooklyn and if for some reason I cannot help you I can easily refer you to another agent who can. Good luck!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes
Anna M Brocco, Agent, Williston Park, NY
Sat Sep 25, 2010
If interested in short sales and for accurate and up to date information do consider working with an agent of your own--he/she can keep you updated with any information you may want/need.
0 votes
Charles D'Al…, Agent, Brooklyn, NY
Sat Sep 25, 2010
I would be glad to help. Contact me any time with the information. The address would be all I need
0 votes
Fajardo Dela…, Agent, Flushing, NY
Sat Sep 25, 2010
Ed

Any local agent will be happy to help you, in your search.

Fajardo Delacruz
Licensed Real Estate Agent
Century Homes Realty Group llc
Direct Line: 347-932-0609
0 votes
Terry Bell, Agent, Santa Rosa, CA
Fri Sep 24, 2010
You should find an agent that deals with real estate in your zip code who has the capacity to search the MLS in more selective ways than the public is able to. Realtors can pull up active listings or sold by address, street number, a radius search of an area. I would suggest that you ask a realtor to explain to you the difference between a foreclosure and short sale, so that you can decide what is in your best interest. There are lots of agents listed on this website as well as http://www.Realtor.com, who can probably help you by phone and email. Best, Terry Bell, CPS RE, Santa Rosa, CA
0 votes
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