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Home Buying in Schuylerville : Real Estate Advice

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  • Local Info3
  • Home Buying6
  • Home Selling0
  • Market Conditions0

Activity 6
Jean Delva, Real Estate Pro in New York, NY
Tue Dec 8, 2015
Jean Delva answered:
The seller is usually required to pay the sales tax on the sale of their home. It also depends on how long they owned and lived in the home before the sale and how much profit they made. If you owned and lived in the place for two of the five years before the sale, then up to $250,000 of profit is tax-free. ... more
0 votes 6 answers Share Flag
Fred  Brisse…, Real Estate Pro in Bronx, NY
Sun Aug 4, 2013
Fred Brissett answered:
Antonio Sanc…, Real Estate Pro in Scarsdale, NY
Mon May 20, 2013
Antonio Sanchez answered:

The units are not for sale only rent. Give me a call if you are interested in purchasing something luxurious in the future there are many new developments that will be hitting the Bronx in the next couple of years and I would love to talk to you more about it.

All the best,
Antonio Sanchez
Exit Realty Search
3928 E. Tremont ave
Bronx, NY 10465
CELL: 347-320-0673
BUS: 347-202-4965
... more
0 votes 2 answers Share Flag
Anna M Brocco, Real Estate Pro in Williston Park, NY
Thu May 2, 2013
Anna M Brocco answered:
Check with the local planning department
0 votes 1 answer Share Flag
Trevor Curran, Real Estate Pro in Great Neck, NY
Thu Mar 28, 2013
Trevor Curran answered:
Good afternoon Joseph,

We see many credit reports with low credit scores (anything less than 620), and often many scores in the 500's. This is BAD credit. If you are one of the folks affected by this terrible economy, you have a low credit score and you have a dream of buying a home, here's some simple advice for you.

It is unlikely you could be approved for mortgage financing with that credit score at this time.

Beware of any mortgage professionals promising you an approval with such a low score. Wait on buying a home. I recommend you take the time to resolve your credit issues.

First, settle any outstanding debt. If you owe money on collection accounts, charge-offs and/or judgments, make payment arrangements and get these accounts paid promptly.

Next, begin rebuilding your credit. If you have current accounts with good payment histories, or even some previous late-payment-blemishes, make sure you continue to pay those accounts on time. If you do not have any existing credit accounts then you'll need to establish several in order to create a viable credit history.

I have found that CONSUMER ACTION is an excellent resource for objective advice on all things credit related. You'll find free and sincere advice on everything from settling collection accounts to rebuilding credit to building credit from scratch on their website.

Beware of anyone offering to "repair" your credit! The Federal Trade Commission issued a stern warning last year that such offers are scams.

The best way to buy a home is to have a decent credit history combined with sufficient Income and Assets for a home purchase.

The best way to have a decent credit history is to settle negative outstanding obligations and pay all your bills on time for at least two years.

Trevor Curran
NMLS #40140
Mobile: 516-582-9181
Office: 516-829-2900
Fax: 516-829-2944
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker – NYS Dept. of Financial Services
... more
0 votes 21 answers Share Flag
CCC, Home Owner in San Diego, CA
Fri Oct 23, 2009
CCC answered:
No rules or guidelines.
Recommendations: the bigger the down payment the better the offer. Cash is always king but bank looks for net. Sales price minus expenses.

If you like it, others will like it too.

Depends on market. property, supply, buyer...

Percentage: 100% could help, 120% might get your the property.

But one rule I tell my clients, if you like it, write, do not wait. I have seen homes gone in hours. Even on Friday when it suppoes that banks are ready to close the day.


... more
0 votes 1 answer Share Flag
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