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Rochester : Real Estate Advice

  • All354
  • Local Info32
  • Home Buying135
  • Home Selling26
  • Market Conditions15

Activity 335
Brittanydona…, Renter in New York, NY
Yesterday at 11:05pm
Brittanydonaldson21 asked:
I was going through alot at that point in time but prior to that was great with paying on time to my other place of residence and my current
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manecut1, Home Buyer in 14506
Tue Jan 10, 2017
manecut1 answered:
You can always look at local sales in the area of the home you are selling. Look at the same type of homes and size also the amount of bedrooms and baths. Total up the selling prices and divide by the number of homes and that will give you an average sale price. This is what the realtors do. Nothing complicated to it. ... more
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Carol Garrett, Renter in Group 14621, Rochester...
Mon Oct 10, 2016
Carol Garrett asked:
Mrsshantegri…, Home Buyer in New York, NY
Sun Aug 28, 2016
Mrsshantegriffin asked:
My husband and I have recently relocated from South Carolina back to our home town of Rochester NY. With all well intentions we managed to "find" a rent to own(on craigslist) that…
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Karen Peyton, Real Estate Pro in Chandler, AZ
Tue Aug 23, 2016
Karen Peyton answered:
As far as airing the house is concerned, I would ask a friend or neighbor to do that for you. I wouldn't rely on your agent and will tell you a secret. Shhh...agents who sell property really aren't into jobs relating to property management and/or upkeep. It's a time drain and the liability is through the roof should the property be vandalized while we are performing acts of good will such as "airing." Equally, there's the potential of forgetfulness, and sunny skies becoming driving rain, and in Phoenix a dust storm so severe visibility drops to zero. Not your agent please. I've done it before and was worried sick.

About your pricing: Ask your agent for the most recent comps in your neighborhood: your subdivision, moving out to 1/4 mile, and 1/2 mile, depending upon the location of the house. Remaining this close will usually provide the most accurate information since it's "up close and personal."

Back to the odor...baking soda sprinkled on carpets, chlorine based toilet bowl cleaners, and a quick wipe down of kitchen counter tops and bathroom vanities with your favorite cleaner can work wonders. Also, simply flushing the drains (all sinks, showers, and tubs) can help a lot especially if adding a cup of vinegar or bleach. (I wouldn't do both, who knows what you'd get - not mustard gas, but you'll definitely have something - lol. :) Your friend of neighbor accomplish all of these in less than 10 minutes.

Best of luck!

K.
... more
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Scott Godzyk, Real Estate Pro in Manchester, NH
Mon Jul 4, 2016
Scott Godzyk answered:
You will have to check your state laws on landlord tenant law, you can not usually just withhold rent, if you do you must put it aside as it could become due and payable when the items in your apt are cured or if if a judge orders it. ... more
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Kiara Hughey, Renter in Rochester, NY
Sun Jun 19, 2016
Kiara Hughey asked:
Disabled yet employed, Need to work from home. Need ability to use internet that does not have arbitrary network administrator. Does not drive.
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Judgej27, Both Buyer and Seller in New York, NY
Thu May 26, 2016
Judgej27 asked:
I did own a house for about 9yrs. Then it eeny into foreclosure due to a layoff. The economy
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MCM_STL, Home Buyer in Saint Louis, MO
Thu May 19, 2016
MCM_STL answered:
It really depends how much debt you have relative to your income and to your credit limit. Ideally, yes you want those paid off. Why would you want to take on a six figure loan when you're paying double-digit interest on credit card debt? Besides, your credit score will reward you nicely if you can get to a point where you use and fully pay your credit cards every single month. ... more
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Grandma5207, Home Buyer in New York, NY
Thu May 19, 2016
Grandma5207 asked:
I have credit cards with balances need to be paid off..
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Dobesforever1, Home Buyer in Fairport, NY
Tue May 17, 2016
Dobesforever1 answered:
Does the sellers attorney have to 'certify with the gov't with regards to the title, that they ran me through the Patriot Act database?'
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Erikamontano, Home Buyer in Rochester, NY
Thu Apr 28, 2016
Erikamontano answered:
i am just wondering did you ever move to Rochester and if so how do you like it? We are thinking about moving our family from Staten Island, NY to Rochester , NY.
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homefront, Home Buyer in Rochester, NY
Sat Mar 26, 2016
homefront asked:
Tony Grech, Real Estate Pro in Southfield, MI
Sun Mar 13, 2016
Tony Grech answered:
You should ask the seller to cover some of your closing costs. FHA permits them to pay up to 6% of the purchase price towards your closing costs and prepaid items like taxes and insurance (but not down payment) ... more
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Sunny Mishra, Home Buyer in Rochester, NY
Thu Feb 25, 2016
Sunny Mishra answered:
Tony Grech, Real Estate Pro in Southfield, MI
Thu Feb 18, 2016
Tony Grech answered:
For mortgages that are assumable, the person assuming the mortgage must be able to qualify for that loan. That means a review of income, assets, AND credit. You'll need to meet the lender's credit requirements just like if you were getting your own loan ... more
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Kathy Burgre…, Home Owner in Westchester, NY
Wed Feb 3, 2016
Kathy Burgreen answered:
You will probably have better luck in Rochester or Penfield than Pittsford. You need to contact a local realtor to assist you. You may need to keep your options open and you may need to give up your dogs. Bear in mind that when renting a house, the owner worries about damage from your dogs and you may need to pay for additional insurance to protect the owner for any unforseen damage from the dogs.

If having difficulty, offer to pay additional insurance. You may need to in order to rent. The other issue is homeowners would rather sell than rent. Owners don't want to be landlords and they may need the sale proceeds to move forward.
... more
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Kathy Burgre…, Home Owner in Westchester, NY
Thu Jan 28, 2016
Kathy Burgreen answered:
As a former realtor in New York you have several issues:

1.After receiving your PhD degree, you will either have to sell the house or rent it. You will not be allowed to work in the U.S. without legal documents, so what are your plans if you buy a house in the Rochester area?
2. If you rent the house after you graduate, you will need to pay a Property Management company to keep an eye on it, screen tenants, collect rent, make repairs, etc. Are you willing to pay the fee involved?
3. If you sell the house within 5 years after you buy it, you may not get the full purchase price back and you may owe money on the house. The entire Syracuse-Rochester-Buffalo area does not have the growth potential that New York City and the suburbs have. Upstate New York (Syracuse-Rochester-Buffalo) always had lower incomes, lower economy and suffered during any economic downturn. The area also has a higher unemployment rate than the New York City area does. The State and Local Governments have always "promised" to do something to improve the area but it's always a campaign promise or a photo opportunity. After these politicians get elected, a little happens but not much - just enough for these politicians to claim they did something - which isn't much of anything. The entire region needs a major overhaul.- money wise. Unfortunately, the big money is down in New York City and the millionaires in New York City don't want to spend money in Rochester and they do vote.
4. If you have to sell the house within 5 years, you will owe a foreigners tax, attorney fee, brokerage commission, pro rated property tax and other seller expenses.
5. Mortgage lenders do give mortgages to foreigners BUT you will be required to have a higher down payment + cash for closing costs. The average down payment for foreigners is about 25 - 30% of the purchase price.
... more
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