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Rochester : Real Estate Advice

  • All353
  • Local Info32
  • Home Buying135
  • Home Selling26
  • Market Conditions15

Activity 334
Kathy Burgre…, Home Owner in Westchester, NY
Thu Apr 23, 2015
Kathy Burgreen answered:
Don't even think of doing this. This is illegal. Any mortgage lender will find out in seconds that the disability benefits belong to your sister and you are not entitled to use these funds to purchase a home. If you can't qualify using your own income, the best advice is to save some of your income every month and in a year or two, hopefully you will qualify for a loan. ... more
0 votes 1 answer Share Flag
Elizabeth Mi…, Home Buyer in New York, NY
Thu Apr 23, 2015
Elizabeth Mills answered:
It depends on what part of Melville Street that you are talking about. The area between Culver road and past Merchants Road are nice and quiet also just down the street from the North Winton area. The area that you speak of isn't too nice and that's probably why the price on the home is so low. ... more
0 votes 7 answers Share Flag
Norma Mendez, Home Buyer in Rochester, NY
Sun Apr 12, 2015
Norma Mendez answered:
How long did Citibank take to review your short sale offer? I'm currently trying to buy a short sale and the sellers bank is Citibank.
0 votes 2 answers Share Flag
Sally Grenier, Real Estate Pro in Boulder, CO
Thu Apr 2, 2015
Sally Grenier answered:
The only way to know for sure is to talk to a local lender. There are many different factors involved in qualifying for a loan. They'll look at your credit score, income, debts, savings, job history, tax returns, paystubs...etc. ... more
0 votes 1 answer Share Flag
Jackson Will…, Home Buyer in Provo, UT
Mon Mar 30, 2015
Jackson Willis answered:
You should definitely try to fight this. You shouldn't be held responsible for an issue like this when it wasn't your fault, and the problem existed before you even moved into the house. I know that I would hate to have to handle someone else's problem. You should talk to inspectors and real estate agents at the least. If you feel the need though, you should also talk to a lawyer to see what they can do to help you. That's the best chance you have at getting the help you need.
http://www.parkeysco.com/colorado-springs-co-plumbing.htm
... more
0 votes 18 answers Share Flag
laxgirl4321, Renter in Rochester, NY
Mon Mar 30, 2015
laxgirl4321 asked:
I'm looking to rent an apartment right in that area and have heard conflicting things about the safety of the area. Just looking for some honest opinions and facts please and thank…
0 votes 0 Answers Share Flag
Henri Pontes, Renter in Rochester, NY
Mon Mar 30, 2015
Henri Pontes answered:
Well Ashley, I will answer your question about what I think of the area. There are many parts to Rochester, there is the inner city, and then there are the suburbs. Each area varies.. Some parts are just damn dangerous, and then there are parts that are not so much. You must be selective of the areas that you pick or choose to live in. And by no means does color reflect this. People are people and some are just crazy regardless of color. The buses here run fairly well unless you live in Webster, which will have you waiting for hours as the bus service sucks. If you have a car then you are in good shape. I personally am from New York City, but I can say overall I like Rochester, it has alot of cultural diversity. Hope I answered your question. ... more
0 votes 3 answers Share Flag
GavinEvan180, Home Buyer in Rochester, NY
Fri Mar 20, 2015
GavinEvan180 answered:
I have to disagree with this real estate agent. I built with Ryan last year and had a great experience. The sales guy was friendly and the process was easy. I read horror stories about Ryan but in Rochester anyways, they seem to have their stuff together. I also found that our realtor really just got in the way. He would just talk and give the sales guy a hard time just to justify his existence. The Ryan rep really did all the work. I also later found out that if you don't have a realtor they are more willing to negotiate on the price because they don't have to pay a commission. If you are looking for a new home for the same price as a used home, go with Ryan. No home is perfect but our experience with Ryan Homes Rochester was great. ... more
0 votes 5 answers Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sat Mar 14, 2015
Mark Updegraff answered:
You will often find transfer amounts for $1. It is common to see this and doesn't mean it was transferred to a family member. Often times it is simply a transfer title to change names on the deed. From one LLC to another LLC or from personal name to LLC etc. ... more
0 votes 3 answers Share Flag
Kelly Pessis, Real Estate Pro in Malibu, CA
Mon Feb 23, 2015
Kelly Pessis answered:
you should be able to have casing molding, framing, drywall and doors installed around $500 or less (depending on labor costs in your area) and see a huge return from the appraiser of the space conversion to a bedroom.
Good luck!
... more
0 votes 14 answers Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sat Feb 21, 2015
Mark Updegraff answered:
I'm a foreclosure expert. Please send details to UpdegraffGroup@gmail.com and we will contact you!
0 votes 2 answers Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sat Feb 21, 2015
Mark Updegraff answered:
You shouldn't have a problem as long as you actually inhabit the property and keep records on why the rehab is taking so long. Typically whan you have a good GC complete rehabs are accomplished within that window. If you're going to be doing a lot of the work yourself, it can be a daunting on going multi year process (for some anyway). You could consider a 203k loan to get some rehab money as part of the loan and speed up the process. In practice, I don't believe you'll have an issue doing this as long as you're on the up and up. The major problem Fannie / Freddie encounter are fraudulent purchases by family and friends of investors that don't plan to occupy the premises at all. They plan to rent them out. As long as you're an actual OO I would say you'll be in good shape! Again, document everything and actually MOVE IN to the house and you should be OK. Disclaimer: I'm not an attorney, so you may want to consult with one!
If you need to speak with one, I can put you in touch with one I trust implicitly. Also, if you need contacts for lending (203k or otherwise) feel free to hit me up. And obviously, if you want the BEST representation, you should call me directly and I'll make sure you get a deal with some MEAT on the bones.
Cheers!
Mark Updegraff
585-314-9790
... more
0 votes 1 answer Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sat Feb 21, 2015
Mark Updegraff answered:
Hey Marko,
We have some new exciting listings coming up on Arnett! If you want an exclusive sneak peak give me a call! We have one owner willing to hold a mortgage for qualified buyer and another that will lease with option to buy.

Cheers!
Mark Updegraff RE/MAX Plus
585-314-9790
... more
0 votes 4 answers Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sat Feb 21, 2015
Mark Updegraff answered:
Hi Nicholas,
We have a rent to own option in the 19th ward. Please send email to Updevraffgroup@gmail.com com with rent to own 19th ward in the subject and we will be in contact with you!
Sincerely,
Mark
... more
0 votes 2 answers Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sat Feb 21, 2015
Mark Updegraff answered:
You can reach our Property Manager at 585 766 775one. We have many nice rentals available in that area. We're always looking for great tenants!
0 votes 1 answer Share Flag
Charlotte Tu…, Real Estate Pro in Williamsburg, VA
Mon Jan 26, 2015
Charlotte Turner, ABR®, e-PRO® answered:
I saw the title of your post and thought it was a groundhog-type question then realized it was only a self promoting post that is prohibited by the Trulia terms of service
1 vote 1 answer Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sun Jan 25, 2015
Mark Updegraff asked:
We saw abnormally high sales in the Park Avenue Market last year. Do you think this trend will continue into 2015? If you want help securing a REAL deal in this market contact me at 585-432-0477…
0 votes 0 Answers Share Flag
Mark Updegra…, Real Estate Pro in Rochester, NY
Sun Jan 25, 2015
Mark Updegraff asked:
Everyone saw what happened in the south wedge. Do you think the same thing will happen in Swillburg? The houses are closer together limiting parking and green space, but it is bookended…
0 votes 0 Answers Share Flag
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