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11372 : Real Estate Advice

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  • Local Info1
  • Home Buying23
  • Home Selling2
  • Market Conditions0

Activity 38
Tue Mar 21, 2017
Missy A asked:
Husband and I have been renting for 4 years but we kept our individual mailing addresses (parent's addresses) since we knew we were going to buy a co-op eventually. Will this be a problem…
0 votes 0 Answers Share Flag
Fri Nov 18, 2016
Kathy Burgreen answered:
Theoretically it looks like it should be a slam dunk, however, that's not how it works and you will have problems:

1. If you have 60 - 85% saved for a down payment, how are you paying the remaining 15 - 40%? If you need a mortgage loan, understand that lenders refuse to finance loans under $100,000. A few will go down to $80,000. but it will be difficult finding a lender to give you a loan for a co-op below $100,000.

2. Condos are more expensive than co-ops. Have you been pre approved yet? What is your budget that you can afford? This will either limit you to co-ops only or you can afford both.

3. In New York City there are many more co-op buildings than condo buildings.

4. If you are buying a co-op, you will need to be approved by the co-op Board. One thing they will insist on is a full time job with an income that is sufficient to pay the mortgage + the maintenance fee + utilities. Co-op Boards will not accept a buyer who will get a job with a higher income down the road.
... more
0 votes 1 answer Share Flag
Fri Aug 12, 2016
Maricris A answered:
Hi,

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.

Please follow these steps to begin your home search:

1. Click the "Rent' tab at the top of our homepage.
2. Enter your desired city and state in the search bar and hit Enter.
3. Click 'Max Price' to select what your highest price would be to pay for a home. Click 'Min Price' to set the lowest price you would pay.
4. Click 'More Filters'.
5. Select your preferred property type, square footage, etc.
6. Click the red 'Apply' button.

This will begin to pull up listings that are more tailored to what you are looking for.

If you are interested in a listing, click on the "Contact the agent" button to get in touch with a real estate professional in your area. You can also take advantage of our vast network of agents here:

http://www.trulia.com/directory/

We hope your experience with Trulia is memorable and thank you for using Trulia for all your real estate needs.


For future reference, you can feel free to contact us about this type of inquiry through our contact form here:

http://www.trulia.com/help/ask/

Regards,

Maricris
Consumer Care Advocate
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0 votes 1 answer Share Flag
Mon Apr 18, 2016
Quoc Pham asked:
I lost my password and had to recover it. Following the direction from an email received from Trulia, I entered a new password. I got back: Your password has been updated successfully! You…
0 votes 0 Answers Share Flag
Thu Apr 2, 2015
Kathy Burgreen answered:
Tue Feb 3, 2015
Jennifer Abreu asked:
Tue Feb 3, 2015
Annette Lawrence answered:
The way I do it is send a post card to every address in the zip code to get buyers to raise their hand.
Then I send a post card to the areas where most of the new arrivals originate. (Ontario, PA, NY, MI)
Then I send a post card into adjacent areas of lesser value to find move up buyers.
Then I offer the opportunity to buyers to see my list of homes on the invisible inventory.
These same messages are sent via social media. email, B2B and professional networks
Then I rinse and repeat monthly.

That's how I get my list to bring the greatest value to those who hire me to assist in selling their real estate.
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0 votes 2 answers Share Flag
Wed Nov 19, 2014
Armen Meschian answered:
Hi jimey2014

Home values on Zillow are called Zestiates for a reason :) - it's definitely not a reflection of the true value of your home. If you are in Jackson Heights, you are in a very healthy real estate marketplace, and will likely see an improvement in value.

www.JacksonHeightsListings.com
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0 votes 2 answers Share Flag
Wed Nov 12, 2014
Sasha Suresh answered:
I would recommend meeting with your personal accountant first who can advise you on the different steps you can take.
0 votes 4 answers Share Flag
Thu Sep 25, 2014
Rubyheart33 asked:
My fiance and I are both working and are looking to upgrade from our studio apartment. Any help would be greatly appreciated.
0 votes 0 Answers Share Flag
Tue Jul 8, 2014
Sivya Weis answered:
Well, we could go on and on with answers to this question. But here are my top answers:

*Not Priced Properly
*Poor Staging
*Restrictive Showing Access

If you can excel in improving these 3 items, you should be on your way to a successful sale. Good Luck!! ... more
0 votes 1 answer Share Flag
Sun Sep 22, 2013
Martina Ryan answered:
You are not buying the building just an apartment, so it would be more prudent to do some research on the building and its finances as well as finding out if the building has any violations etc. If you are represented by a Realtor then he or she can do this for you. ... more
0 votes 3 answers Share Flag
Fri Aug 9, 2013
Debra (Debbie) Rose answered:
Well since you asked this question back in December....I sure hope you're settled into your new home by now!

If you're still here reading this.......where did you wind up?
0 votes 6 answers Share Flag
Mon Jul 8, 2013
Anthony Vidal answered:
Hello Tania,

I have a few units for your clients. I'm willing to do a 60/40 split on the commissions if you would like to set up a viewing for them. All apts are located within walking distance of the 7 train Main Street Station, and I may even have a 3BR with 2Bath in that price range. If you are interested, let me know how to proceed.

Thank you,

Anthony Vidal
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0 votes 2 answers Share Flag
Sat Jul 6, 2013
Belal Mohd answered:
Check the local zoning first...

http://www.nyc.gov/html/dcp/pdf/zone/map9d.pdf
0 votes 1 answer Share Flag
Sat Apr 6, 2013
Anna M Brocco answered:
Contact and interview a few agents from different realty companies, then choose the one you like best. For available area properties check www.mlsli.com
1 vote 4 answers Share Flag
Tue Mar 19, 2013
Anna M Brocco answered:
Rent to own opportunities are rare, as most owners prefer to sell outright; however since rent to own properties may not be listed as such, consider working with an agent of your own. Keep in mind that rent to own can be risky and one could stand to lose a bit of money, therefore do inform yourself well, and consider consulting with an attorney who specializes in real estate beforehand. If you haven't done so yet, visit with any licensed loan officer, see if you can buy outright... ... more
0 votes 1 answer Share Flag
Sat Mar 16, 2013
Emilio Mazzucotelli answered:
Contact me at reomls247@gmail.com
I am a CDPE and expert in the whole Queens market. Let me know your exact needs and we start working from that point until we close the deal.
Thanks

Emilio
... more
0 votes 9 answers Share Flag
Mon Feb 25, 2013
Firdos Kumandan answered:
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