I am looking for a studio to rent in FLATBUSH/EAST FLATBUSH BROOKLYN, leads, contact me here or temujinscott@aol.com

Asked by Temujin Scott, New York, NY Sun Aug 26, 2012

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unkhkhih, , New York, NY
Mon Dec 2, 2013
Hello,

I’m an agent working for ReMax NYC Midtown and I’m always doing my research on property and stay in touch with the best professionals. Also, if you simply need advice please email me at KDrake@remaxnyc.com or call 347.939.4341

Finance Advice:
http://www.fpanet.org/LifeGoals/BuyingaHome/

Bank Expertise:
David.Axelrod@bankofAmerica.com

Appraisal Expertise:
LadSurs@gmail.com

Legal Advice:
http://www.lawhelpmn.org/issues/housing/buying-and-owning-a-…

Advice for Buyers:
http://portal.hud.gov/hudportal/HUD?src=/topics/buying_a_home

Advice for Sellers:
http://www.realestateabc.com/homeselling/

Tax Concerns:
http://www.tax.ny.gov/pit/property/

Consumer Questions:
- What is the tax rate on rental income if the property is owned by 1.) a foreigner 2.) a non-US based company
0 votes
, ,
Tue Aug 20, 2013
Rent today; Buy tomorrow. How to convert from Tenant to Homeowner.

When I rented my first apartment in Astoria, I did not want to be a Tenant my whole life and pay my Landlord’s mortgage. I longed to become a Homeowner.

That’s why I found my way into the mortgage business in 1989 and soon afterward became a Homeowner. Here are the fundamentals any Tenant should know to prepare to become a Homeowner in the future, no matter when that might be.

• Credit: Establish 3 credit accounts, no more than 5. Pay your bills on time. Keep your balances to no more than 50% of your credit limit. Don’t pay off the accounts in full. Keep balances active for 12-24 months. All of the above will provide both a good credit score and adequate credit history to qualify for a mortgage loan.

• Assets: A basic savings budget isn’t hard to do. Pay your rent first in your budget; then set aside 10% of your income before taxes . Make it a budget priority and you’ll still have money left over for entertainment and restaurants and clothing.

How much money do you need to buy a home? Many buyers spend no more than $25,000 to buy their first homes. There are loan programs with low down payment requirements and many real estate agents negotiate for their Buyers a “Seller’s concession” to include the Buyer’s closing costs (which are HIGH here in New York!) in the price of the home.

• Income: Two years consistent income is the basic requirement for either a salaried individual or a self-employed person. Income from Bonus, Commission, and Overtime is treated differently and is best discussed with your Mortgage Banker.

• Market Survey: it doesn’t hurt to go out and get to know neighborhoods where you might like to buy a home. Visit open houses on Saturdays and Sundays. It’s okay that you’re not yet buying; tell the Realtor at the Open House you’re just beginning your “survey.” You’ll also get to know market prices for different kinds of homes. It’s okay to “window shop” homes on the weekend at Open Houses!

I hope these fundamentals will help you better understand the path to homeownership is a process that, with preparation and dedication, you can move through easily. And if you’re interested in getting Prequalified today to create an Action Plan for your future of Homeownership, call me anytime!

Trevor Curran
NMLS #40140
http://www.tcurranmortgage.com

*If you thought my answer was helpful, please give me a “Thumbs Up” or “Best Answer.” Thanks!
0 votes
Tatiana Davis, , Brooklyn, NY
Mon Aug 27, 2012
WE HAVE A STUDIO IN EAST FLATBUSH FOR $1000. CALL US IF INTERESTED.

TATIANA DAVIS
dAVIS & ASSOCIATES REALTY
718-805-2400
0 votes
Unspecified, Renter, San Clemente, CA
Mon Aug 27, 2012
Elroy Cooks, Century 21 - Call for an appointment and share what I have available for rent..
347 581 4453
Good Luck with search....
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