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Upper East Side : Real Estate Advice

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  • Local Info29
  • Home Buying64
  • Home Selling5
  • Market Conditions23

Activity 138
Wed Sep 13, 2017
Kathy Burgreen answered:
I can help you but you did not provide more information. What is the address?
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Sun Aug 6, 2017
Manguenguema answered:
This week's lesson was on the Uniform Commercial Code Article # 2: Sale of Goods. Formation of a sales contract is the same as the Common Law: Offer, Acceptance, and Consideration. But after that the two types of contracts differ dramatically. The Common Law is very strict; whereas the Sale of Goods is quite flexible. In fact, as long as somewhere in the agreement there is a determination of the quantity of goods to be sold, there is a valid sales contract. For this weeks discussion: ... more
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Sun Apr 30, 2017
Kathy Burgreen answered:
Are you NUTS! If you're referring to Manhattan (New York City), you CANNOT get a permit for a detached garage. Manhattan has plenty of garages which are attached to or underneath buildings. Another issue - why didn't you check the zoning for your property BEFORE you signed the closing documents?? ... more
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Tue Apr 11, 2017
Matthew Tejeda answered:
Wed Oct 26, 2016
Emmet Galvin asked:
We are a professional couple that moved to the US recently & therefore have no US credit history.A lawyer & marketing professional.2 Bed reqd.C.$3kpm
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Fri Jul 1, 2016
Tonyhoward255 answered:
Just curious, did you find something?
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Thu Mar 24, 2016
Kathy Burgreen answered:
I answered your other question. Realtors own the MLS system and decide what information gets published to the websites and what stays private. Items like co-op maintenance fees, HOA fees, pets allowed or not, parking fee, etc. stays off the internet and the public is not allowed to see this.

Realtors need consumers like you to call them so they can convert you into a client. I agree that this information should be published on the internet but realtors would not receive as much business.

As to your other quesiton - Trulia and Zillow do not know the monthly fees or mortgage amount, etc. They hire computer nerds who calculate what they think it is. They have no hard facts so it's just a bunch of computer engineers who calculate all the figures for Trulia and Zillow. Bottom line - ignore it.
... more
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Thu Mar 24, 2016
Kathy Burgreen answered:
Sorry, but maintenance fees are never shown. Realtors own the MLS systems and the local Board of Realtors decides what information will be published to the internet and what information will be hidden or not shown to the public. Understand that realtors need consumers to call or contact them so not showing "their cards" or specific information that consumers want means that you will be forced to call them. Once consumers like you call a realtor, you just fell into their lap and your call gives them a lead and hopefully convert you into a client.

Information that is hidden from the public: co-op maintenance fees; HOA fees for condos; whether pets are allowed or not; whether rentals are allowed or not (in condos); any red flags concerning a co-op or condo building; parking fee, etc. I agree this information should be published because it would save plenty of time and aggravation for buyers, but then if it was published, realtors could lose business with fewer consumers calling them.

I'm a former realtor in Westchester County
... more
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Wed Mar 16, 2016
Jonathan Lahey Your Home SOLD Guaranteed answered:
Mon Feb 15, 2016
Jonathan Lahey Your Home SOLD Guaranteed answered:
Please check the link to let you understand about the forclosure - https://www.credit.com/debt/understanding-your-foreclosure-rights/
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Mon Aug 31, 2015
Dwain Cuffy answered:
Sun Aug 16, 2015
Kathy Burgreen answered:
The suburbs are MUCH BETTER for multi million dollar homes. For $8 million, you can get 7 bedrooms (meaning you can use one as a guest bedroom, one as a maids room, etc.), 7 bathrooms (1 or 2 with separate bathtub & shower stall), formal living room, eat in kitchen with all the modern finishes , dining area, breakfast nook, 2nd kitchen, laundry room, grand staircase, marble floors, carved wood inlay, high ceilings (some carved), space for an office, gym and for a bonus - an indoor swimming pool!
Now for the outside features - how about a waterfront property facing the Hudson River or Long Island Sound & you'll have a dock for your yacht. Also your property will have a tennis court and you'll be a member of one of Westchester's exclusive golf clubs. Your neighbors will be a little distance instead of next door like in a building. Your children will attend free public schools which is among the best in the U.S. instead of paying for private schools. But you pay high property taxes to support these fine public schools unlike NYC's public schools that need improvement.
As for your neighbors, you can live next to the Clintons, Martha Stewart, Susan Sarandon and other celebs or you can live next to some of Wall Street's high powered executives or lawyers.
... more
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Fri Aug 14, 2015
Kathy Burgreen answered:
1. How much cash do you have available. 2. Will you need a mortgage to purchase. 3. Are you a contractor or do you know one personally. 3. Are you prepared to deal with banks. 4. Are you prepared to wait after putting in an offer.

Foreclosures means the owners have had some financial setback and were not able to pay their monthly mortgage payment or their property taxes or not able to refinance, etc. their credit got ruined, they were evicted from their home and they have to start over. Obviously, the owners are upset and in many cases they may have destroyed the property.
If the home was mortgaged, it means the bank took over the house because as long as you have a mortgage, the bank owns the house - not you.
So if you're interested in buying a foreclosure, understand that you will be dealing with banks - not individual sellers. Banks are not willing to negotiate as much as individual sellers and prefer cash buyers. Also banks don't have to move out of the house so they can take as long as they want.
... more
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Sat Jul 4, 2015
Vincent Ng C.j. asked:
This question was asked from http://www.trulia.com/property/3208364303-Condo-New-York-NY-10028
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Thu Feb 26, 2015
Steve Riddle answered:
you will be filing an alt 2 directive 14, No change of use. The filing is conducted by a expediter under the contractor/ Engineer or Architect of record.
You may contact me by clicking on my picture, Ill try to answer your questions in a more private fashion. typically while your share ownership increases your tax and charge liability do in concert as well. Depending on the unit partition layout, you might be able to subrogate common area as well and gain even more sq footage.
You may contact me by clicking on my picture, Ill try to answer your questions in a more private fashion
... more
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Thu Feb 26, 2015
Steve Riddle answered:
I often answer this question with a child's Voice. Loss of income due to no performance is a schedule e deduction. In other words, loss is not loss but balance sheet proforma
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Wed Oct 8, 2014
Mike Lintro answered:
It really depends on the zoning in the area. If you go to your city, you should be able to find out if businesses are allowed in that area. If not, then it may be against the law. http://www.ghalyhwc.com/index.php/services/ ... more
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Sat Sep 27, 2014
Christine Gordon answered:
Hello Joanne,

How are you? I hope you're doing well.

If you're working exclusively with a real estate agent to show you properties all you have to do is let the sellers agent know. If for some reason you go to see a property without your agent, be sure to hand the sellers agent her business card when you 1st meet them. Disclosing that up front will avoid any issues. Ask the sellers agent to contact your agent for further communications and/or negotiations.

If you're talking about a listing here in NYC, we're accustomed to co-brokering a property with another real estate professional so that shouldn't be a problem.

I wish you all the best in your search for a new home :-)

Looking forward,

Christine Gordon
Licensed Real Estate Broker
Gorick Realty, Inc.
Cell: 917.881.2924
Fax: 347.328.9352
View listings at http://www.gorickrealty.com
"Home is where the heart is."
... more
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