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Home Buying in Orchard Park : Real Estate Advice

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  • Local Info1
  • Home Buying12
  • Home Selling2
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Activity 17
Sat May 20, 2017
Vickil1826 asked:
Mon Jun 2, 2014
Mary Wagner answered:
Hi Nsperoni,

Home pricing is very fluid, it can be impacted by several variables. I see where the home was sold in '09 for 380,000. The owner's circumstances may have changed since then. Have you seen the home in person yet? ... more
0 votes 1 answer Share Flag
Sun Apr 13, 2014
cmoney.1970 answered:
well that's a mixed question. for example . buying a house compaired ton a mobile home like mine for example. im asking 18900. so you take out a personal loan to purchas. or partial loan. say you have 7000 cash you only need to barrow 12900. whats the payment on that. plus lot rent. or if you had all the cash saved and bought outright. then you own the house free and clear. you still have to pay lot rent. lot rent is actualy rent you pay for the property your house sits on. Like taxes. some people will say wow you pay lot rent after you own it. well ya don't the people that own houses have to pay taxes also. same thing. but . lot rent hear includes water wich is not metered user what you want. it also includes trash removal. I have a double wide lot but pay for a single wide rate because the house is a single wide. I pay 560 a month. my gas budget billing is 70 a month my electric is around 70 a month average . with a 220 dryer that runs on electric. Christmas lights in December. and 2 window airconditioners screaming all summer long. so without cable internet . my total bills . gas electric water trash lot rent total 700 a month. cheeper than renting . and my house also qualifies for star exemption. when the new owner takes over they can qualifie also. that check comes to around 300 for the year. tax break for me. or could be you ... more
0 votes 6 answers Share Flag
Wed Jan 1, 2014
Joe Sorrentino answered:
Tracey:
If your parents are using a Realtor to purchase the property, that Realtor may be able to refer them to another lender in the area. If you have any questions, you can call me direct at 716-998-5637 but, if your parents are using a broker I cannot talk to them about the transaction by State Law.

Your parents should have a Real Estate attorney handling the transaction who may be able to guide them better especially if the lender they are using was referred to them by the buyer agent or if the buyer brokerage is affiliated with whatever company they have applied for the mortgage with.

Do your parents have a copy of the Appraisal? They should be entitled to it especially if they paid for it.
If you would like to e-mail me, my e-mail address is joe@716sold.com

Joe Sorrentino - Associate Real Estate Broker
MJ Peterson Real Estate
Direct - 716-998-5637
Office Toll Free: 888-807-1715
... more
0 votes 2 answers Share Flag
Fri Oct 4, 2013
Dan Tabit answered:
mmerriam,
I don't have anywhere near enough facts to tell you what to do, or what I would do in the same circumstances, but. Chances are if you've never built before you'll run into cost over runs, which will shrink the difference. You'll also be waiting to lock in a mortgage rate, which has just recently come back down from some recent highs.
Unless building from scratch is an experience you've always dreamed of having, you may want to consider the nearly finished home and at least be in a comparable neighborhood at present market value. The next question is how quickly can you sell the lot and how much will you lose going that way?
There are many issues to consider. Please come back and let us know what you decide when you do.
... more
0 votes 1 answer Share Flag
Tue Dec 11, 2012
Al Pirro answered:
I Suggest if you are considering the purchase of this home. To have it inspected by a home
inspector. This will help in knowing all the issues of this home after a thorough home inspection.
Usually when a home is selling bellow the market value there can be major issues
... more
0 votes 5 answers Share Flag
Sat Aug 25, 2012
Joe Sorrentino answered:
It is not Ryan Homes that imposes restrictions, it's the developer of the sub-division. Send me an e-mail with the name of the sub-division or the street name. I work for some builders and I have the deed restrictions for most of the subdivisions. Email me at joe@716sold.com ... more
0 votes 1 answer Share Flag
Mon May 28, 2012
Anna M Brocco answered:
For an accurate picture of costs, ask your loan officer and or attorney for a good faith estimate.
0 votes 2 answers Share Flag
Tue May 22, 2012
Joe Sorrentino answered:
Carrie:
I am really glad that you did respond. Many of us respond and try to provide helpful information but never get any response from the person asking the question. We would really appreciate it if you would keep us informed about how this goes and what your attorney says about this. ... more
0 votes 11 answers Share Flag
Thu May 17, 2012
Edwards Properties answered:
Yes, but do all your research and enlist the help of professionals. Much depends on where you are in the bankruptcy journey. What your current income is and how long you have maintained it. But keep your head up, MANY people have bought beautiful homes after a bankruptcy. Best wishes! ... more
0 votes 4 answers Share Flag
Fri Apr 27, 2012
Anna M Brocco answered:
If your interest in the property is high, rather than relying on opinions, consider scheduling a showing, see all firsthand...
0 votes 2 answers Share Flag
Mon Feb 13, 2012
Azaprowski asked:
Tue Jan 10, 2012
Amy Pfister answered:
I can give you a idea of what is coming on the market but things are slow now. Lots of great deals out there sale sales might work well now. I once helped a client in a short sale the home was listing for 725,000- I got it for them for 425,000 I am very motivated finding deals for MY clients. Let me know if you need anything. ... more
0 votes 3 answers Share Flag
Tue Aug 10, 2010
Joe Sorrentino answered:
Linda, I am an Associate Broker in Erie County NY. I have a few questions first;
Did you close on the property yet? If so, did you use an agent to represent you? Assuming you have a written contract, is their a Vacant Land Rider attached to it that all parties signed?

If you do not want to air this out on a public forum you can e-mail your answers to me at:
joe@joesorrentino.com

Joe Sorrentino
Assoc. Real Estate Broker
MJ Peterson Real Estate Inc.
Serving the Greater Buffalo-Niagara Region
... more
0 votes 4 answers Share Flag
Sun Aug 8, 2010
rdToledo answered:
are you still looking in the orchard park area...we have 4401 abbott rd on the market
0 votes 4 answers Share Flag
Fri Oct 30, 2009
CCC answered:
Which property? Maybe that property has wrong information about listing agent or it was listed by someone else and that iformation is still showing up as a contact.
0 votes 1 answer Share Flag
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