Trulia Community - Advice from neighbors and local experts

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

Home Buying in Long Beach : Real Estate Advice

  • All107
  • Local Info3
  • Home Buying28
  • Home Selling0
  • Market Conditions2

Activity 28
Wed Apr 12, 2017
Kathy Burgreen answered:
No. Asking the question should be free. I'm a former realtor in the New York City suburbs and flip tax charges are on the listing sheet so buyers are aware of it when they view the listing. Realtors do call maanagement when they sign a listing agreement with the seller to verify the flip tax amount, so even the listing agent knows the amount. ... more
0 votes 1 answer Share Flag
Tue Feb 24, 2015
Jan Pickering answered:
Sat Jul 26, 2014
Brian O'Donovan & Therese Franzese answered:
A foreclosure status does not always make a property a bargain. There are plenty of good deals to be had and some great opportunity's from handyman specials to turn key ready property's; Contact me to discuss your needs further. ... more
0 votes 1 answer Share Flag
Sat Mar 15, 2014
Tina Rossetti answered:
Your Home sounds like its in super great condition. The market is not slow at all. It actually feels like people forgot about super storm sandy. Which we are all happy about. Things are probably better then they were in a long time. Especially Long Beach. If you are a motivated seller of curse that always makes the sale quicker then somebody not motivated. You will not have a problem at all. If I can help you out in any way, please call me any time. 516-749-6925. ... more
0 votes 15 answers Share Flag
Thu Mar 13, 2014
Roberta Orell answered:
Hi
650 Shore Rd. used to be a dog friendly building but is no longer. If you are looking for a dog friendly building in Long Beach, here they are: 55 Monroe Blvd. 185 West Park Ave. 235 West Park Ave. 310 Riverside 100 West Broadway 25 West Broadway, 420 Shore Rd and 360 Shore Rd.

If I can help you find a new home, please call/text ore email me

Roberta Orell
Licensed Associate Real Estate Broker
Century 21 Scully Realty
516-330-4276
rorellc21scully@msn.com
... more
0 votes 2 answers Share Flag
Sun Mar 9, 2014
Roberta Orell answered:
Hi
They have to be occupied by their owner.. No subletting allowed.

Roberta Orell
Licensed Associate Real Estate Broker
Century 21 Scully Realty
516-330-4276
rorellc21scully@msn.xom ... more
0 votes 2 answers Share Flag
Sun Mar 9, 2014
Anna M Brocco answered:
No unit number is given and maintenance does vary; you can however check www.mlsli.com the consumer version of MLS where such information is given...
1 vote 1 answer Share Flag
Sat Mar 8, 2014
Tina Rossetti answered:
Hi This home is pending bank approval. It didn't sell yet. What that means is whatever the bank wants for the house is the number most of the times. If the buyer has to come up to the banks number and they choose not to, it will be back on the market.
If you have any questions about anything else feel free to call my cell at 516-749-6925.
Tina Rossetti
... more
0 votes 5 answers Share Flag
Tue Sep 10, 2013
Carol L. Okin answered:
i just saw one for for less than $l00,000 today. if you would like to see it, please call me at
516-680-4398.....................carol
0 votes 2 answers Share Flag
Tue Sep 10, 2013
Carol L. Okin answered:
we manage 410 e. broadway. it's a great building. you never know the reasons why people are moving but it has nothing to do with the building. it's a sound building with many amenities. if you have any questions, please feel free to call me at 516-680-4398................carol okin ... more
0 votes 5 answers Share Flag
Wed Jul 24, 2013
Anna M Brocco answered:
The referenced unit does not show on MLS as being sold; check www.mlsli.com for other units....
2 votes 4 answers Share Flag
Tue Jul 9, 2013
John Roberts answered:
In general I see on Long Island in last year that homes home on the market in excess of six months go for like 20% less than original asking price. They were on market six months to one year as they were overpriced

However, not all owners overprice, some places sell in as little as one week.
... more
0 votes 8 answers Share Flag
Tue Jul 9, 2013
John Roberts answered:
Realtors in general get paid commission based on the sales price. Both the buyers and sellers agent get paid more commission the higher it goes for.

However, a realtor has a code of ethics if he is representing the buyers and a good one will get you the best price even if it means money out of their pocket.

Speaking of pockets. One issue is pocket listings. Last two places I bought were both pocket listings. What that means is realtor who got it pretty much mainly showed it themselves and buyers agents had trouble showing property. Although according to MLS that is not allowed.

First house seller had a deal with agent she would get a flat fee of 10K if she sold it herself. If it came in though MLS in a buyers broker deal the commission was 5% which at the time was around 15k. So buyers broker had to pay 5k more for owners to break even. Second time seller had a deal with 3.5% commission if sellers agent sold it vs. 5% on MLS>

Normally brokers want mls as they get the bigger audience, in both my cases buyers wanted to sell quick and priced it right. However, I took risk that agent is working for seller not me so I had to do my homework to make sure I did not over pay which was stressful.
... more
0 votes 4 answers Share Flag
Fri Jul 5, 2013
Dk3121 answered:
be careful in long beach***sandy flooded all the first floor levels....... best to look for 2nd floor and up
0 votes 3 answers Share Flag
Mon Jan 21, 2013
Trevor Curran answered:
Good morning Vitaminsea,

Rent To Own is a better deal for the Seller than it would ever be for a potential Buyer.

The basic concept is finding a way to "force" savings towards a down payment by including a portion of the monthly rental that goes towards that savings. You pay your rent every month and your Landlord deducts a pre-determined amount to hold in a special bank account, called an "escrow" account. Your Landlord holds that money until you have saved up enough---through this "forced-savings" method---to meet a down payment to purchase the home.

The terms of the purchase price, including the down payment amount, and the amount to be set aside from the rental for down payment, are all set down at the time of lease signing.

It's all about helping the renter/tenant save up enough money for a down payment to buy a home (in this case, the one you're renting). But this is a better deal for the Seller because he gets to lock in a purchase price and a buyer today for a future sale.


Saving money for a down payment? Well, heck, you can do that on your own.


If you are dedicated to the idea of buying your own home, you can create your own savings plan to save up enough money for a down payment. And when you have saved up enough for a down payment, if that takes a year or two or more, YOU get to decide on the price you're willing to pay for the house at that time based on current market conditions. You won't be locked in to a price that may be a lot higher than what the house is worth in the future.

With Rent To Own you'll be locked in both to the house and to the price, even if it takes you 3 years to save enough through the forced savings of the rent payments. What happens if three years from now your life situation has changed? Maybe you need a bigger/smaller home. Maybe your employment has relocated. Maybe your credit or income is insufficient to qualify for a mortgage loan.


Find a way to save up on your own; not with Rent To Own.


Sit down with a local Mortgage Banker and get yourself prequalified, too. You may find you're better qualified than you think you are, and, if you're not, at least you'll know how much loan your income and credit qualify you for, and how much you have to save towards down payment and closing costs.

Trevor Curran
NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
NMLS#3528

If you thought my answer was helpful, please give me a "Thumbs Up." Thanks!
... more
0 votes 4 answers Share Flag
Thu Nov 8, 2012
Charles Swett answered:
That's good information Karla, thank you! I guess I was expecting lower prices due to the storm damage to properties and infrastructure, but you're of course in a much better position to know (I'm writing from the Pentagon). I've had my eye on 2 br / 2 ba condos on direct oceanfront in Long Beach for a long time but their prices have been out of my reach. I guess they'll remain that way.

Charles
... more
0 votes 3 answers Share Flag
Mon Sep 3, 2012
First Last answered:
Hi, Sam, the City of Long Beach has just received federal funding to eliminate illegal apartments and as soon as officials find out you are there, you will be out anyway. Therefore you need to find another place to live just as soon as you can.

Karla Harby
Long Beach resident
Rutenberg Realty
New York, NY
212-688-1000
... more
0 votes 5 answers Share Flag
Wed Jul 11, 2012
Anna M Brocco answered:
If you like the unit and it suits you financially, no reason not to consider the idea; however do review all building related financials with your attorney, and go from there; if the opportunity arises, you may also wish to consider chatting with some of the neighbors....keep in mind that opinions are oftentimes subjective, what may be good for one may not necessarily be the case for another... ... more
0 votes 3 answers Share Flag
Wed Jun 13, 2012
Anna M Brocco answered:
MLS currently shows none available. Since most foreclosures do end up being listed by a broker, consider working with an agent of your own; also check www.mlsli.com for available properties. If purchasing with a mortgage, be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously. ... more
1 vote 5 answers Share Flag
Mon Mar 26, 2012
Anna M Brocco answered:
1 2
Search Advice
Search
Home Buying in Long Beach Zip Codes

Followers

257