Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

In My Neighborhood in Kings County : Real Estate Advice

  • All11
  • Local Info5
  • Home Buying5
  • Home Selling0
  • Market Conditions1

Activity 90
Thu Oct 5, 2017
Kathy Burgreen answered:
You need to use Street Easy (www.streeteasy.com). It's a real estate website exclusive for New York City only. Find rentals in the same neighborhood as your house and you can look at photos and get ideas of what current rentals are listed for. ... more
0 votes 1 answer Share Flag
Sat Sep 9, 2017
Kathy Burgreen answered:
There are about 5,000 agents in Brooklyn. You need to learn that agents are independent contractors and can choose who they want to work with and who they don't want to work with. If you are looking for cheap rentals or cheap homes to buy, nobody will work with you because it's a waste of their time. If you can afford $3,000.+/month for a rental or buying a coop for $500K, then you will get real estate agents to help you. ... more
0 votes 1 answer Share Flag
Thu Jun 22, 2017
Eladi71 answered:
try Basics Plus, they are really good:
https://basicsplus.com/locksmith-services
0 votes 12 answers Share Flag
Mon Feb 27, 2017
Wayne Jones asked:
Would like to find a one bedroom in the areas of Crown Heights, Bedford Stuyvesant or East Flatbush. Rent cannot exceed $1600. Landlord must be willing to accept partial payment by program…
0 votes 0 Answers Share Flag
Sun Jun 12, 2016
MsLadyBorsa asked:
its 4 years Since Storm Sandy came through, many people fixed their homes some are currently raising theirs.which will bring higher value to the homes of this wonderful once fishing village…
0 votes 0 Answers Share Flag
Fri Jul 24, 2015
Alberto Valentin answered:
my name is mr alberto valentin I am 56yearold on a program HASA in the program will pay up to 1100/for a 1bedroom apt .i am a client looking for help.to fun a 1bedroom apt in nyc.i will like to see is somone can call me at this number 3472472901 is somone can help .p/ help me .from mr alberto valentin.thank you. ... more
0 votes 4 answers Share Flag
Sat Mar 28, 2015
Gerren answered:
You are so lucky to have someone pay 70% of your rent. You damn sure don't need to be on here sounding lie you are complaining.
0 votes 1 answer Share Flag
Thu Mar 19, 2015
Danny Soldano answered:
Thu Mar 12, 2015
Daria Kolomiiets answered:
Good afternoon! It is always better for your safety to check it on http://www.spotcrime.com. Good luck and stay safe!
0 votes 5 answers Share Flag
Thu Mar 12, 2015
Daria Kolomiiets answered:
Good afternoon! It is always better for your safety to check it on http://www.spotcrime.com. Good luck and stay safe!
0 votes 15 answers Share Flag
Tue Mar 10, 2015
Sam Gold answered:
Thu Jul 24, 2014
Daria Kolomiiets answered:
1) For sale or for rent?
2) What is your budget?
0 votes 12 answers Share Flag
Thu Mar 6, 2014
Danny Chung answered:
Hey Joe. Very good question. Shoot me an email and I will help you out with that.
0 votes 2 answers Share Flag
Wed Jan 29, 2014
Syed Meer answered:
55 Eastern Parkway is a great building on a great block, we live on the same block, closer to Washington... The neighborhood has so much going for it right now that it seems likely that prices will continue to rise (we didn't even really have a drop, just a plateau). Rentals are at a real shortage in the area. If you want a view of the park for a better price, you may want to try the East side of the park (Prospect Lefferts Gardens) as most of the buildings along this block are too far from the park to really give you a view of it. Having said that, we have a view of the Botanical Gardens and Mt. Prospect. ... more
0 votes 8 answers Share Flag
Thu Sep 5, 2013
Mitchell Feldman answered:
Dear Difrazier54:

There are some distinct financial differences between purchasing a condo and a co-op, they are as follows:

1) Condos are real property and are protected by ALL real property laws. Co-ops are not real property, hence they may not be protected by traditional real property laws. You have to speak to an attorney to fully understand the difference. Basically, when you purchase a co-op, you are buying shares of stock in a corporation that allow you the right to live in an apartment as if you owned it (similar to real property but different).

2) Based on that fact, condos typically sell for higher prices because there is less risk associated with owning real property as opposed to owning shares of stock in a co-op. I just want to add that owning your primary residence, even a co-op, is always better financially than paying rent to a land lord.

3) With condos you pay monthly common charges, these fees pay for the upkeep of any and all common aspects of the condo. With co-ops you pay a monthly maintenance fee, these fees also pay for the common aspects of the co-op but also cover the real estate taxes and most of the time some or all of the utilities (gas, heat, water and sometimes even the electric!). Based on that, maintenance fees for co-ops are usually higher as opposed to condos, but again, co-ops do include the utilities.

4) With co--ops you have more rules and regulations you have to abide by (not laws) such as flip tax fees and restrictions on move-in/move-out times, subletting, pets, etc, etc. Plus when someone purchases a co-op, the co-op may require minimum down payments which can restrict some purchasers from buying and usually the buyer also has to go through a co-op approval process which adds another contingency to the deal that does not exist with condos. The fact that co-ops can be more restrictive, tends to lower their values as opposed to condos. (again, owning a co-op is better than renting!).

5) You have to make your best decision based on your budget.

6) The mortgage is basically the same with both a co-op and a condo. In the end, your mortgage banker will want to review thew financials of the condo or co-op and have the condo or co-op also fill out a bank questionnaire. Your mortgage banker wants to make sure that the building(s) are financially viable to make sure that you are making a sound investment. This protects you as well.

If I can be of further assistance, please contact me direct. If you are looking to buy or sell a co-op oir condo in Brooklyn, I can help you as well! Good luck!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales/ e-Pro Realtor
Fillmore Real Estate
Office: (718) 252-2000/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
7 votes 3 answers Share Flag
1 2 3 4 5
Search Advice
Search
In My Neighborhood in Popular Cities in Kings County

Followers

170