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Putnam County : Real Estate Advice

  • All17
  • Local Info3
  • Home Buying7
  • Home Selling0
  • Market Conditions1

Activity 179
Thu Jun 15, 2017
Melissa And Eric answered:
My fiance and I are desperately looking for an apt. If you are renting your apt. can you please consider us. We are 44 &46, we are a very nice quiet couple and we both have guaranteed income monthly. My numbers 845-981-5196 and my email address is
Thank you and have a Blessed Day!
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Sat May 27, 2017
Kathy Burgreen answered:
As a retired realtor in Westchester, you are going about this the wrong way. Do NOT focus on cost per square foot. You need to learn that contractor's prices are very expensive in this area and the cost of land is very expensive. The cost for materials, supplies, etc. is cheap. What you need to do now is contact some local contractors and get estimates of what they charge. Then add 10 - 20% because you will go over budget. Better to have an additional 10 - 20% above their estimates so you don't go broke.

Don't forget to add in costs for permits, architects, inspection fees, etc.
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Thu Apr 20, 2017
Mary answered:

Your listing was posted on Trulia through Zillow Rental Manager, which is a partner site that syndicates listings to Trulia and other websites.

The changes you are requesting to your listing on Trulia will need to be updated at the source of the listing, Zillow. Please log in to your Zillow Rental Manager account and click on the desired listing to update the information on the appropriate tab. After updating the information, scroll to the bottom of the screen and click on the Save & Continue button.

Your listing will update on Trulia within 24 hours once you edit it on Zillow. If you have additional questions, please let me know and I will be happy to help you.

Thank you for using Trulia!

Consumer Care Advocate
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Sun Apr 16, 2017
Debra (Debbie) Rose answered:
I will assume by your question that you are not represented by a Realtor, otherwise you'd be turning to him or her for advice.
So - it's difficult to give you negotiating tips in just a few sentences! The best I can offer is to call the 1st buyer (btw - why do you prefer him to the 2nd, higher offer??) and let him know you received a higher offer - let him know you'd like to stay with him, so want to know if he will reconsider, and then offer his "highest and best" number.

If the terms of the first offer are that much better (ie - all cash, or a high down payment, or, the buyers have nothing to sell, etc) then you might want to make sure you do nothing to scare him away!
Best wishes......
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Fri Dec 2, 2016
Kathy Burgreen answered:
You are dealing with a bank, asset manager or auction house instead of an individual seller. A foreclosure means the original owners failed to pay their mortgage, property taxes or perhaps they owe the IRS money. Most likely the owners walked away from their home and allowed the creditors to take over their home. In many cases, the home will need major renovations or repairs because most likely the original owners damaged it on purpose because they were angry. In other cases, the original owners spent too much money on renovations so the home looks gorgeous but they ran out of money to pay the mortgage, taxes, etc.

Bottom line, you will need to find out if there are any liens that you will need to pay in addition to the price of the home. Be prepared to add in the costs of unpaid tax bills, unpaid loan amounts, legal fees, etc. You also may get lucky and not have to pay anything extra.

Then there is the title or deed. You will need to verify that you get a clean title or deed to the home.

Finally, you will need tons of patience and perserverance. A foreclosed home takes months. It is not an easy or quick process. This is the main reason few realtors want to do foreclosures. Realtors know it is a pain in the rear and they need to spend extra time for little pay.
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Mon Oct 31, 2016
Sally Grenier answered:
Not sure what you mean exactly. Typically the contract has specific dates for things like inspection deadlines, loan approval, and closing. So you're saying you were supposed to close on Oct 15th and that never happened? What does your Realtor say??? What does your lender say?? Impossible for anyone here to know what's going on without being involved in your transaction. Call your agent asap. ... more
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Tue Sep 27, 2016
Maricris A answered:

At this time, unfortunately, we currently do not have listings for rent to own homes. You may try your luck though and search our website using the Keyword section of the search filter which can be found in the All Filters button. However, these listings are extremely rare.


Consumer Care Advocate
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Mon Sep 5, 2016
Phatpharmwife asked:
Sun Sep 4, 2016
Salveson asked:
Sat Aug 20, 2016
Theylovemystic answered:
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Mon May 16, 2016
Alysse Musgrave answered:
It's negotiable. Insist that the seller pay for the retest. If the don't like the idea, tell them you'll reimburse them at closing, once the house has passed inspection and you can close. Good luck!

Don't Let Them Make a Monkey Out of You! Follow the links below.

Alysse Musgrave

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You! US, Texas, and Spanish versions available.
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Thu Apr 28, 2016
betousa10 asked:
I would like to buy a property in NY state for a rehab and flip.
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Tue Mar 29, 2016
Gino Barbaro asked:
I own, a real estate education company. I wanted to know if you were looking for content for your blog.
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Thu Mar 3, 2016
Vrich811 asked:
We own a home & only have 2 yrs before the mortgage loan is paid off....
The house is in need of repairs & the yard has become more than we can handle due to health issues...
0 votes 0 Answers Share Flag
Tue Feb 23, 2016
Dan Tabit answered:
No property was attached, but since you posted from Foreclosures, I doubt the home is actually for sale. Start by checking your MLS. If you don't see it there, if you have access to public records you may find that the owner is in the Foreclosure process, but the home has not gone to auction yet.
Many if not most owners who find themselves in this situation will either resolve their delinquency or examine every other option before letting their home go in foreclosure. These listings are a waste of time and a distraction. RealtyTrac wants to sell subscriptions to their data, they don't sell homes. Your Title Company can probably give you the same information for free
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Tue Jan 12, 2016
Alysse Musgrave answered:
Trulia is an advertising site and doesn't actually sell homes. Having said that, renting and owning should be treated as two separate transactions, not rolled into one. Wait until you can qualify for a traditional mortgage; then shop for a home.

Don't Let Them Make a Monkey Out of You! Follow the links below.

Alysse Musgrave
Consumer Advocate
Exclusive Buyer Agent

Best selling author of Buying a Home: Don't Let Them Make a Monkey Out of You! US, Texas, and Spanish versions available.
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Thu Nov 12, 2015
Tony Grech answered:
bring the shortage to close, and you can get a mortgage on a new house right away.

Or pursue a short sale and try to get the bank to take the hit. But then your credit scores will tank and you'll need to wait 3 years to be able to get a mortgage ... more
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Sun Aug 23, 2015
Christopher Fritts answered:
Are you talking about a Home Equity Line of Credit? If so, many HELOC loans come with a feature that allows you to convert into a traditional home-equity loan at some point. I.E., after their draw periods are up, many HELOC loans allow you to convert them to regular home-equity loans. This will provide you with a fixed interest rate and a fixed payment instead of the traditional adjustable interest rate that you get with a home-equity line of credit. You should contact your lender.

One way to get a fixed rate is to refinance your mortgage. Good Luck!
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Wed Aug 12, 2015
Johncortizz asked:
You already know that listener attention spans are shorter than ever. You can even save the video to your phone, or immediately upload it to YouTube. The 7 Second Challenge Hack isn't…
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Thu Jul 9, 2015
Arlene Campbell answered:
You normally get a response or counter offer within 24 hours not unless it is a new listing wherein a seller wants to see if more offers would pop in before giving a counter offer.

Your buyer agent should be on top of this.

Best of luck!
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