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Home Buying in Sheepshead Bay : Real Estate Advice

  • All115
  • Local Info9
  • Home Buying37
  • Home Selling4
  • Market Conditions5

Activity 34
Thu Apr 23, 2015
Jackson Willis answered:
I would assume that they either cover different things or they are processed in different ways. I think the best way to find out what the difference is is to talk to an insurance agent. Whatever the difference is, it's important to do what you can to make sure that your home is covered from potential damages. That should be your main focus and concern.
http://floridahomeinsuranceagency.com/home/port-st-lucie/
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0 votes 15 answers Share Flag
Tue Apr 15, 2014
Kathryn Lilly answered:
I was recently involved in working a similar valuation puzzle involving a family that had owned a house in Fort Greene since the very early 1900's. It had gone through many passing's of one family member to another without any real probate. And now was being sold on the open market.
It was very enlightening to see in hind sight what a difference something like the Navy Yard closing, the BQE being built etc. makes to property values.
So the answer to a general question such as yours is almost impossible to say without a specific location.
Real Estate really is a local market and cannot be generalized.

Kathryn Lilly, Broker
Realty on the Greene, LLC
718-858-7600
KLilly@RealtyontheGreene.com
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0 votes 2 answers Share Flag
Mon Jan 20, 2014
Dmitriy Pagul answered:
If Ocean Avenue & Avenue Y works for you, I could arrange that.

Dmitriy Pagul
Broker / Owner
Notary Public
Realtor, e-PRO, SFR,
RE Photo Certified, Accredited Staging PRO,

Golden Apple Realty Inc.
Tel /Fax: (718)701-9037
Fax: (718) 701-9037
Cell: (347) 777-5277
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0 votes 2 answers Share Flag
Wed Nov 20, 2013
answered:
Mr. Mughal: I notice that your son has already been pre qualified for the mortgage which is best to have before looking for home to buy. I am currently running promotion for borrowers who get mortgage through my company, which can save you quite a bit in costs &fees. In most cases my customers end up paying less than what they would pay in costs & fees compared to other lenders, with top notch service. When the time comes to apply for mortgage it may be worth your while to check with me. My contact information is given below.

Thanks

Sanjeev Ahuja, NMLS #148731
Mortgage Broker
Home Funding LLC
110 Jericho Turnpike Ste 214
Floral Park, NY 11001
Direct Phone 917-517-2552
NYS Registered Mortgage Broker, Dept of Financial Services, Loans arranged through third parties (NMLS # 885573)
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0 votes 4 answers Share Flag
Mon Sep 30, 2013
Demi Rasul answered:
Hi Maureen, please give me a call so we can discuss the details of your search with regard to your budget and wants. I can be reached at 917474-2060 or at tamur @gspny.com
0 votes 3 answers Share Flag
Tue Aug 13, 2013
Allan Erps answered:
Conversely, there should be a clause in there to terminate the Agent if they are not satisfied with their performance
1 vote 14 answers Share Flag
Mon Jul 1, 2013
Valeriy Millerman answered:
Hello,
Yes, you can finance the flip tax. Chase has flip tax waiver for these buildings(Lincoln Gardens). So, you can buy only with 20% down.
Thank you.
0 votes 2 answers Share Flag
Sat May 18, 2013
Diana Melerud answered:
Keep it simply. The rule of thumb is usually 50% to 75% of the property equity, and depending on the lending institution (bank).
Regards,
Diana Melerud
Superior Realty Broker
2008 Ave Y
Brooklyn, NY 11235
Office: 1(347)554-8282
Fax: 1(347)554-8283
Cell: 1(917)992-7239
Email: diana.melerud@gmail.com
See My Listings: http://diana.postlets.com
Superior Realty: http://www.superiorrealtyny.com/index.htm
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0 votes 5 answers Share Flag
Sat May 18, 2013
Diana Melerud answered:
The managing agent of the co-op building has that information, but will not release any info until the buying process is well under way. Most co-op owners have that info as well. Co-op owners are usually provided this info on an annual basis. Most banks have a list and limited info as well.
Regards,
Diana Melerud
Superior Realty Broker
2008 Ave Y
Brooklyn, NY 11235
Office: 1(347)554-8282
Fax: 1(347)554-8283
Cell: 1(917)992-7239
Email: diana.melerud@gmail.com
See My Listings: http://diana.postlets.com
Superior Realty: http://www.superiorrealtyny.com/index.htm
... more
0 votes 2 answers Share Flag
Sat May 18, 2013
Diana Melerud answered:
The property manager of the building has that information, and usually they will not disclose any information regarding the property s financials, unless you are in the process of purchasing the unit. The other route is if the current owner has keep documentation of the financials that usually sent to them on a annual basis. Thanks Diana Melerud 917 992 7239 SUPERIOR REALTY SERVICE
Regards,
Diana Melerud
Superior Realty Broker
2008 Ave Y
Brooklyn, NY 11235
Office: 1(347)554-8282
Fax: 1(347)554-8283
Cell: 1(917)992-7239
Email: diana.melerud@gmail.com
See My Listings: http://diana.postlets.com
Superior Realty: http://www.superiorrealtyny.com/index.htm
... more
0 votes 4 answers Share Flag
Mon Mar 11, 2013
Dmitriy Pagul answered:
Thu Jan 31, 2013
Mitchell Feldman answered:
This is a matter of personal preference. Only you can make that decision. The short answer is that you should lock in if you feel anxious or nervous that rates are going to go up. The decision is based on your own personal toleraence for risk.

If you know for a fact that you want to lock in the rate, I would suggest you do so after you have a fully executed contract of sale. Just make sure that the lock in period will be long enough for you to actually close. As an example, here in Brooklyn most deals close in about 60 days. If your lock in is for just thirty days you can have a problem and be thrust into a sticky and stressful situation. Pay attention and be careful.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
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0 votes 7 answers Share Flag
Wed Jan 23, 2013
Mitchell Feldman answered:
Most agents in New York City are members of REBNY, however, the vast vast majority of real estate agents in Brooklyn, Queens, Staten Island and the Bronx are simply not members of REBNY. There are other organizations that have been more established in the outer boroughs for many years. These include the Brooklyn Multiple Listing Service, Brooklyn Board of Realtors, Staten Island Board of Realtors and even the Long Island Board of Realtors which also covers Queens a great deal.

Regardless of an agent being a member of REBNY or not, the best way top check if an agent is legit would be to check with the New York State Department of State to see if the agent has any blemishes on their license or has had any complaints and/or legal issues or just to make sure they are truly a licensed real estate salesperson. You can also Google the agents name and see what comes up. I do that with just about everyone I meet these days. Do it with your own name as well and see what comes up, you may be surprised.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 2 answers Share Flag
Fri Nov 9, 2012
Eustace L Greaves Jr., LUTCF answered:
Please be aware damage caused by flood is not covered by most homeowners insurance policies. The best way to protect against flood losses is purchasing a Flood Insurance policy, and in certain cases, an Excess Flood Insurance policy.

You can email me at eustace@insuremeeg.com or call me at 718-783-2722 for more information.
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0 votes 3 answers Share Flag
Wed Oct 10, 2012
Dmitriy Pagul answered:
Hi there... there is no specified time for the waiting period. You should check with management agent how big is the waiting list. The shorter it is-the better for you. Sometimes it could be question of days sometimes years. It all depends on the number of people vacating the parking spots. Some sell apartments, some stop using their car, etc... I know 2 buildings on Sheepshead bay, one has a spot available today, and the other has a long waiting list. Also you might find useful to ask for a spot in the buildings around the one that you choose.
Hope this helped. :)
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0 votes 3 answers Share Flag
Wed Oct 10, 2012
Dmitriy Pagul answered:
Hi there.
We are Sheepshead based real estate brokerage firm. We would be glad to assist you in finding your new home. Also do not hesitate to call should you have any questions.
Regards ... more
0 votes 9 answers Share Flag
Tue Sep 4, 2012
Mitchell Feldman answered:
Dear Rena:

There is no property attached to your question so it is impossible for us to answer. Most (99.99%) co-ops do not come with a parking space when you buy them, but there are some that have parking spaces to rent. At the same time, usually there are not enough spaces for every apartment in the building, hence most have a "waiting list' as you have mentioned. having said that, I do know of one or two that have parking spaces readily available. Contact me and we can discuss it further.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 3 answers Share Flag
Thu Aug 30, 2012
Mitchell Feldman answered:
Dear Nina:

My office is located on Avenue R right off Nostrand Avenue and Sheepshead Bay is one of the areas that I specialize in. I may have a property for you, please contact me and we can discuss it further. I would love the opportunity to help you!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 1 answer Share Flag
Thu Aug 30, 2012
Mitchell Feldman answered:
Dear Nina:

My office is located on Avenue R right off Nostrand Avenue and Sheepshead Bay is one of the areas that I specialize in. I am curious, why is it that you specifically want a short sale or a foreclosure? Is it because you believe that you can get a good deal in that fashion? If so, then I would think that the main thing you want is a good deal. There are several ways to find those besides just short sales and foreclosures. Especially in the Sheepshead Bay area.

Please contact me and we can discuss it further. I would love the opportunity to help you!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 3 answers Share Flag
Mon Aug 27, 2012
Martina Ryan answered:
All neighborhoods have good & bad elements. You have got the water, good parks, good shopping & dining. What more do you need?
0 votes 4 answers Share Flag
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