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11357 : Real Estate Advice

  • All18
  • Local Info2
  • Home Buying4
  • Home Selling9
  • Market Conditions0

Activity 16
Thu May 18, 2017
Plumguy1 answered:
Hi Gogo, You might be in what they call a grandfather status. It's been in so long that the statue of limitation could be up and you wouldn't have to do anything.
0 votes 7 answers Share Flag
Fri Jun 10, 2016
Cjwarne37 asked:
Mon Sep 16, 2013
Lou Klahr answered:
It is important for your unit to have as much exposure as possible. Open Houses, and advertising are key. Showing it as often as is difficult to say yes to each and every appointment however you never know when the right buyer will appear. ... more
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Mon Jun 3, 2013
J Douglas Montgomery answered:
If you are offering compensation to a real estate professional that finds you a house you should market that compensation directly. If you are not, the commission is paid by the seller and the brokers fiduciary responsibility would be to the seller. I come across a number of properties subject to the NYC Tax Lien process in my due course of business. Give me exact parameters of what you are looking for and I will let you know what is available. ... more
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Wed May 29, 2013
Bev & Bob Meaux answered:
The listing agreement is a contract. Call a real estate attorney for complimentary advice but you should have 3 business days to "change your mind". You should check your copy, check the dates, because if that wasn't completed it wasn't valid. Call a real estate attorney to verify this information. ... more
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Mon Apr 22, 2013
Marco Gomez & The Reach Team answered:
it all depends if you are planning on staging the property or not. if you are planning on leaving it empty its probably not a good idea. buyers like to see a home with furniture in the home to get an idea about the space they will utilize. Contact your agent to see what will get your property sold quickly. ... more
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Mon Mar 11, 2013
Larry Avroch answered:
It appears that several mistakes were made by your sister:
1. If your goal was as you state to sell the house fast but not give it away, it should not have been listed at approximately $300,000 over what it was worth. Any serious buyer would not even want to view the property if it's that overpriced. By pricing it closer to market value, you would have many more showings which would generate offers.
2. By taking it off the market your sister has eliminated all competition and MD therefore has no sense of urgency to purchase the house. Relist it as soon as possible and continue to show it to all intersted parties until contracts are signed and the buyers deposit is in escrow.

If you have any further questions, you can email me at
... more
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Mon Mar 11, 2013
Terry Korahais answered:
Hi Just wondering, this question was asked a while ago- but here goes-Order of business- get an experienced agent/broker to come over and bring you a report called a Comparative Market Analysis-should be FREE. it will include area information including available listings (your competition) and their condition, sold listings, and listings that are in contract and waiting for financing or title reports, surveys etc.etc.. By comparing the properties and getting your agents input- you should be able to get a pretty good idea- what you should address before, during or while selling.
Choose one that you feel comfortable with- that is knowlegeable, experienced and will spend money on marketing your listing not themselves

Once you have a buyer,he/she will order the inspection, if all is well, you would contact your (an) attorney, after you are fully under contract, the buyer will make application for his mortgage, which will order the appraisal, survey, title etc,etc,
I know some great attorneys if you need a list. More information Terry K 718-614-3167 or email
... more
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Fri Nov 16, 2012
Victoria Poptean answered:
Find out if there is a CO (Certificate of Occupancy) for the porch. That would make it legal.
0 votes 3 answers Share Flag
Wed Sep 19, 2012
Larry Avroch answered:
The only way to truly know what your home is worth is to sit down with an experienced agent in your area. They should show you copies of similar houses that have sold in the past 6 months in your immediate area. Then after looking at your house, make adjustments for recent renovations, etc. Online estimates are worthless. There could be 2 houses with the same exact footage and land size where one hasn't been renovated in 30 yrs. and the other ultra-modern. inside. Online sites wouldn't know to make adjustments for this.

If you'd like further info on what your house is worth, you can contact me at 718-224-1515 ext.106. I have sold many houses in the Whitestone area.

... more
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Tue Sep 18, 2012
Anna M Brocco answered:
Consult with your attorney for an actual breakdown; generally one can expect attorney fees, broker fees, NYS transfer and NYC transfer tax, miscellaneous fees, existing mortgage pay off, etc. Keep in mind that broker commissions are always negotiable between you and your agent, there are no set standards, therefore choose your agent with care and not by commission alone. ... more
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Wed May 16, 2012
Alexandra Mattheopoulos answered:
Wonderful, please call District Manager Linda Ressa @ Wells Fargo: cell 516.491.7083

Most diligent and results driven Mortgage Broker!

Thank you, Alexandra Mattheopoulos CBR

917.902.2873 ... more
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Wed Nov 16, 2011
Sergio Hernandez answered:
Very doubtful any property can be sold without unanimous consent from all owners of record.
0 votes 2 answers Share Flag
Tue Apr 5, 2011
Ralph Windschuh answered:
I did a search on MLSLI thru my agent access and could not find the home as available or unavailable. If you listed your home for sale and it is not visible to me or other realtors, it may be that the listing was done as an office exclusive. Did you agree to this? An office exclusive, only those agents in that particular company or office will have access to your home.

Ralph Windschuh
Associate Broker
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
... more
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Sun Mar 7, 2010
Fajardo Delacruz answered:
The structural changes as far as the layout from a ranch to a cape are a little more EXPENSIVE.
0 votes 4 answers Share Flag
Sun Dec 27, 2009
Jessica has given you the best advice here. Because this is a co-op, the seller is going to have to move once you get approved by the board, and all paperwork has been filed properly. The management company generally does not charge for the financials, so it should not be a problem for your attorney to obtain them, even though the seller's agent is not doing their job. When they take the listing, they should get this information from the seller, who gets a copy of these every year. If this co-op need an Attorney General's Disclosure ammendment, they should have a copy of that as well. I will admit however, many sellers just toss this information when they get it.
Are you taking out a mortgage to buy this property? There may be information that is required by the lender pertaining to the co-op that the managing agent will charge you for anyway, such as having a quetionnaire completed.
What is the name of the co-op corporation that you are buying in? Some of the agents who post here might be familiar with it, and can give you some advice.
... more
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