Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

10463 : Real Estate Advice

  • All70
  • Local Info2
  • Home Buying36
  • Home Selling5
  • Market Conditions1

Activity 56
Sat May 6, 2017
Kathy Burgreen answered:
Expect slightly less than Manhattan. Sorry, but Riverdale is pricey and you're lucky if you can find parking space.
0 votes 1 answer Share Flag
Sat Mar 18, 2017
Atsalach asked:
As a self-employed, I received 1099 for $103,000 but after applying deductions (car, gas, tolls etc) the 1040 show my adjusted gross income as $65,000.
What income will be considered when…
0 votes 0 Answers Share Flag
Mon Dec 19, 2016
Kathy Burgreen answered:
Most co-op buildings do not allow pets or restrict the weight of dogs. Your best method is to visit a brokerage office near you (in person) and have the front desk person check the MLS to search which buildings allow pets (there won't be many). The MLS has a search filter to add additional fields and one of the additional fields is for pets. Real estate websites don't have this search field. By the way it should take the front desk agent about 3 - 5 minutes to find which co-op buildings allow pets. ... more
0 votes 1 answer Share Flag
Fri Dec 2, 2016
Kathy Burgreen answered:
Unfortunately your income is too low which is why you are having difficulty. As long as you have a written letter from your guarantor, a landlord should accept you. The guarantor will have to provide employment & income information so the landlord can verify it + Social Security # and the landlord will pull their credit. If the guarantor is OK with this, you should find an apartment with no problem.

More important is since your income is low, there are no cheap apartments in the Bronx. Your guarantor will have to pay 1/2 your rent every month. Is the guarantor OK with paying 1/2 your rent every month?

Your last option is to go into NYC Housing (the projects)
... more
0 votes 1 answer Share Flag
Fri Aug 19, 2016
Maricris A answered:
Hello,

If you want to know more information about the foreclosure property, you may check the county record where the property is part of or you may also contact a foreclosure specialist near your area for assistance.

You can take advantage of our vast network of agents here on Trulia. You may found the link below.

To search for a foreclosure specialist using our site:

1. Go to the link that I provided, enter the location where you're at and click enter.
2. Click the 'More filters' button and choose 'Foreclosure' under specialties.
3. Click the 'Search' button.

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
... more
0 votes 1 answer Share Flag
Tue Jul 19, 2016
Treshawn asked:
Sun May 15, 2016
Carlo099 asked:
Is this property wood floor construction?
0 votes 0 Answers Share Flag
Sun Sep 6, 2015
Yaritza asked:
My husband and I are serious about getting a good deal on foreclosure properties.
We don't want to work with an agent who won't show us foreclosed properties. Please do email…
0 votes 0 Answers Share Flag
Tue Sep 1, 2015
Greg Kochanov answered:
Hi,

It's a great question!

When you're renting your rent is not tax-deductible, however when you own a cooperative about 50% of your maintenance is tax-deductible, as well as most of your mortgage payments.

To give you an example:

$1,500 maintenance + $1,000 mortgage = Total: $2,500 total monthly payment

$750 x 12 = $9,000 per year deducted off your gross income + $800 x 12 = $9,600 per year deducted off your gross income = Total: $18,600 per year deducted off your gross income

Now, let's say you're in a 30% tax bracket, which would mean that you're not paying a 30% tax on $18,600 = $5,580 in annual savings = $465 in monthly savings

After calculating the deductions, your monthly housing payment will be $2,035 instead of $2,500.

Since the prices are still very low, you would end up paying a lot less than you would pay in rent, all while building equity.

Please let me know if you have any other questions.

All the best,
Greg


?GREG KOCHANOV
LICENSED REAL ESTATE BROKER
TEL/SMS: 718-986-6431

MODA REALTY LLC
3727 RIVERDALE AVENUE, RIVERDALE, NY 10463
TEL/SMS: 718-412-0000
TOLL-FREE: 888-MODA-REALTY
... more
0 votes 2 answers Share Flag
Thu Jan 1, 2015
USMortgageRanger answered:
If you were to visit Zillow you can see where the property values took a dive from 2009-2012 therefore the low tax values. Now they are back up hence the new appraised values.
0 votes 1 answer Share Flag
Thu Sep 4, 2014
Peter Paramonov answered:
Hi Omi, yes that is possible.

It's called a sponsor unit, which allows you to bypass the board approval process. I'm working with several great 1 bedroom and JR4 sponsor unit which you may be interested in. Feel free to contact me with any other questions or to schedule a showing.

-Peter
... more
0 votes 2 answers Share Flag
Tue Apr 22, 2014
Bryant Mero answered:
Our office has a large rental department, servicing various areas of the Bronx. Feel free to give my office a call so we may further assist you: (347) 202-4965 or call me directly at the number below . We are conveniently located in the Throgg's Neck area of the Bronx and are open 7 days a week for your convenience. I also recommend visiting the local Real Estate offices in your desired area and speaking to a rental specialist.

If you like my information and feel it was useful PLEASE give me a "thumbs up". Thanks Adriana and Good Luck.
... more
0 votes 3 answers Share Flag
Tue Apr 22, 2014
Bryant Mero answered:
Our office has a large rental department, servicing various areas of the Bronx. Feel free to give my office a call so we may further assist you: (347) 202-4965 or call me directly at the number below . We are conveniently located in the Throgg's Neck area of the Bronx and are open 7 days a week for your convenience. If you need assistant in repairing, we have a credit repair specialist we can refer you to as well: Joe Taglia or Better Qualified. Feel free to reach out to him at his Office: 732.203.7377
If you like my information and feel it was useful please give me a "thumbs up". Thanks and Good Luck.
... more
0 votes 8 answers Share Flag
Mon Feb 24, 2014
Desmond Smith answered:
HELLO, I apologize for the delay. I would love to assist you in selling your home. Send me your address and I can give you a FREE Market Analysis.


Desmond T. Smith, (A.A.S. in MARKETING)
BPOR, e-PRO, GRI, ITI, SFR, CBR, REO SPECIALIST
Licensed Real Estate Salesperson
Cell phone: (914) 774-4231

Keller Williams Realty Group
Office phone: 9147133270
Email: DesmondSmith@kwrealty.com
Website: http://DesmondSmith.kwrealty.com
Real Estate site:
"FROM THE CITY TO THE SUBURBS"
... more
0 votes 12 answers Share Flag
Sat Feb 8, 2014
Barbara Gause answered:
There are many ways that you can go about advertising your property for sale without a realtor and I would be happy to show you how we can work together and help each other. You will come across many individuals in your home selling process many of whom you may not be able to assist. I can show you how to sell your home with or without a realtor and you can pass along the buyers that aren't going to buy your home to me. If you'd like to hear more I'm available this Wednesday at 5pm 917-568-2009. ... more
0 votes 11 answers Share Flag
Sat Feb 8, 2014
Barbara Gause answered:
There are many ways that you can go about advertising your property for sale without a realtor and I would be happy to show you how we can work together and help each other. You will come across many individuals in your home selling process many of whom you may not be able to assist. I can show you how to sell your home with or without a realtor and you can pass along the buyers that aren't going to buy your home to me. If you'd like to hear more I'm available this Wednesday at 5pm 917-568-2009. ... more
0 votes 11 answers Share Flag
Sat Feb 8, 2014
Mildred Valentin answered:
Both locations are desirable look for a local agent with some great recommendations. They will assist you with your search for a place you can call home. Transportation is ideal as well.

At Exit Search we have a wide range of rentals and we do have agents that work in those locations, please call our office at 347-202-4965 we are open 7 days a week with flexible hours.

Best of luck!

Millie Valentin
Sales and Marketing Specialist
EXIT REALTY SEARCH
3928 E. Tremont Avenue
Bronx, NY 10465
... more
1 vote 2 answers Share Flag
Fri Dec 6, 2013
Annette Lawrence answered:
As FRED suggested, rent to buy is a solution for home owners who find themselves in a situation.
What ever caused the situation is in search of a solution, and that solution COULD prove costly to the renter if they stumble into #1 or #2.
-
There are several categories of rent to own opportunities.
1. Investor owned. One investor in our area owns 13 houses that are always advertises as rent to own. in the past 15 years NONE of theses houses changed ownership. The secret to making big money for this investor is the $20,000 non-refundable deposit receive for each contract. Plus the renter pay ALL home maintenance costs. That a great deal for the investor...the renter got poorer.
-
2. Flipper - using exit strategy three and is desperate to get to next project....with your non-refindable deposit
-
3. Home owner. This home owner will be working with a real estate professional. What you really want is to be a solution to a home owners problem, not in the food chain of an investor. Contact your REALTOR and discuss your situation. Have patience.
If you have demonstrated your loyalty to your REALTOR, they will CREATE the situation tha you and the homeowner can benefit. The resources and time required can only be invested in those who have proven themselves to be loyal. Give your REALTOR a reason to invest in you.
-
Or you can do as Badge did, and beat the pavement until you find one.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041

Teaser
http://youtu.be/YsqdLcdTI7c
... more
0 votes 4 answers Share Flag
Mon Oct 28, 2013
Mildred Valentin answered:
Amira,

You have some great answers here and no you may not use one loan to purchase two properties unless your buying cash.

Speaking to a Lender today!

Best of Luck!

Millie Valentin,
Exit Realty Search
3928 E. Tremont Avenue
Bronx, NY 10465
www.ExitRealtySearch.us
... more
0 votes 15 answers Share Flag
Fri Sep 13, 2013
Mildred Valentin answered:
Bee,

Trevor and Mark and all the others have some great answers here:

FHA does insure mortgage loans with 3.5% down payment; the Lender makes the Loan, FHA provides the mortgage insurance. If you are qualified, then, yes, you could be approved for 3.5% down payment for a purchase of an FHA Approved Condominium. The Condo must be on the approved list for FHA.

Go to the web-site follow the link below!

Best of Luck!

Millie Valentin
Exit Realty Search
3928 E. Tremont Ave
Bronx, NY 10465
www.BronxWestchesterHomes.com
... more
0 votes 5 answers Share Flag
1 2 3
Search Advice
Search

Followers

380