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10004 : Real Estate Advice

  • All6
  • Local Info1
  • Home Buying4
  • Home Selling0
  • Market Conditions1

Activity 2,790
Thu Dec 19, 2013
Anna M Brocco answered:
You can flag the listing or contact customer service
0 votes 11 answers Share Flag
Thu Mar 14, 2013
Anna M Brocco answered:
Keep in mind that scams do exist and you may have stumbled upon one; always verify ownership before exchanging any money; for scam related information see link For transportation information, see helpful link ... more
0 votes 4 answers Share Flag
Wed Mar 20, 2013
Sandy Navas answered:
Sun Jul 21, 2013
Mitchell Hall answered:
Hi Horace,

My advice would be to move on and hire a buyer's agent for the next apartment. If you wanted the apartment rather than "following it" you should have made an offer when it was for sale when you saw it. If it sold a few weeks ago it was probably in play a couple of months ago.

Apartments are not stocks. Following it? What were you waiting for?

You snooze you lose. Now your chasing the market.

In my opinion you need to be alert, prepared, ready, willing and able to purchase next time you see an apartment you like. The market in Manhattan and Brooklyn is on fire and moves fast.

Bidding, bidding wars, highest and best offers are now the norm but they take place before the apartment is sold.


Mitchell Hall
Associate Broker
The Corcoran Group
347-921- HALL
... more
0 votes 8 answers Share Flag
Wed Mar 20, 2013
Elena Ravich, Esq. answered:
You should call directly to property management companies in these areas. Try
0 votes 4 answers Share Flag
Tue Mar 12, 2013
Josh Barnett answered:
You may want to check, Lots of info on remodeling projects at this site.
0 votes 2 answers Share Flag
Tue Mar 12, 2013
Jennifer Fivelsdal answered:
It will depend on how much of a commute you want to have Ulster County offers many hiking and climbing opportunities I am assuming you want to be near the mountains for those purposes.

You would have access to trains from Poughkeepsie. If you are in the southern end of Ulster you could get the Train in Beacon.

Let me know if I can assist you with finding a home.
... more
0 votes 3 answers Share Flag
Mon Jul 29, 2013
Matthew Meyer answered:
Hi Pierre,

Right now, with market conditions so tight, the garbage transfer station has had no effect based on recent appraisals in ther area.

It's impossible to tell what the future holds market wise. Interest rates are slowly getting higher, and with each percentage point, potential buyers lose $12K in buying power.

If you're thinking about selling, now is a fantastic time. Please be in touch and let's talk in detail.

All the Best,

Matthew Meyer
... more
0 votes 1 answer Share Flag
Mon Mar 11, 2013
Jenet Levy answered:
Great question.
The first step is to get pre-qualified by a lender. Then you will know the correct price range for your purchase. Once you locate the property and have your offer accepted, you start the loan process.
The lender will walk you through what documents you need to provide. In the course of processing your loan, the lender looks at 3 things:
- Your own individual finances.
-The finances of the building (through a questionaire to the managing agent)
-The value of the apt. as determined by an appraiser.
When all 3 check out satisfactorily, your loan is approved.
... more
0 votes 4 answers Share Flag
Tue Jun 25, 2013
Anna M Brocco answered:
Why not simply work with an agent of your own, who can automatically keep you updated; if purchasing with a mortgage, be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously. ... more
0 votes 2 answers Share Flag
Tue Mar 12, 2013
Nick Rafello answered:
First, you have to look for condos only as coops don't allow investors. Condos are more in price but you can rent the. Send me your email and I can send you a worksheet to work from

Nixk Rafello, SVP
Associate Broker
The Corcoran Geoup
... more
0 votes 3 answers Share Flag
Wed Apr 10, 2013
Jeffrey Carlson answered:
No. TriBeCa is still a very solid neighborhood with a scarce amount of availability, so the demand is high. It's a sellers market and a great time for you to put your home on the market.

If I can be of assistance, please let me know!

Sarah Eggar
HOME New York
... more
0 votes 1 answer Share Flag
Mon Mar 18, 2013
Anna M Brocco answered:
Since you state that you want a good price, keep in mind that a home is worth what someone is willing to pay for it; it doesn’t matter what the seller “needs” or potential buyers can afford to spend. Market conditions do matter as does the immediacy for a transaction to take place. In setting a price, it is in the seller’s best interest to focus on the current market conditions, therefore review comps with your agent, recently sold similar properties in the immediate area, and price accordingly. ... more
0 votes 2 answers Share Flag
Mon May 27, 2013
Jenet Levy answered:
In my opinion, the best values right now are on the Upper East Side and in the Financial District. As you may know, we are trending up, and most neighborhoods right now have very little inventory. Properties are routinely sold in multiple bidding situations (bidding wars) for at or above ask. The reason the Upper East Side is good value now is that it is one of the few neighborhoods with abundant inventory and, furthermore, will appreciate in the future with the coming of the 2nd Ave. subway. The Financial District is still developing, though quickly, as a residential neighborhood. There is still room for appreciation there and more amenities are coming to the neighborhood all the time. As an investor, positive cash flow would be up to 5%, if you are lucky.

Jenet Levy
Halstead Property, LLC
212 381-4268
... more
0 votes 8 answers Share Flag
Tue Nov 4, 2014
Ron Thomas answered:
As many as it takes to match most of your parameters.
Up to you.
0 votes 45 answers Share Flag
Fri Apr 12, 2013
Terry McCarley answered:
Are you asking if the new mortgage is greater than the "cost" (meaning what you paid for it) or "cost" (meaning market value)? If the new mortgage is more than market value than you most likely won't find any lender willing to loan you more than your home is worth. ... more
0 votes 13 answers Share Flag
Fri Apr 12, 2013
George Stroud answered:
According to some sourcees, yes. Your best bet would be to contact a lawyer or your consulate.

While in the US as a business visitor, an individual may:

- Conduct Negotiations

- Solicit sales or investment
- Discuss planned investment or purchases.
- Make investments or purchases
- Attend Meetings, and participate in them fully.
- Interview and hire staff.
- Conduct research.
... more
0 votes 9 answers Share Flag
Mon Mar 25, 2013
Anna M Brocco answered:
When it comes to any safety/crime related issues, it's always best to contact the local police department with all your questions, hear all there is to hear firsthand. If unfamiliar with the area(s) do revisit more than once and at different times of day, possibly chat with locals/neighbors. Real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
... more
0 votes 7 answers Share Flag
Mon May 27, 2013
Yul Park answered:
Hello Simone,

I've done some work lately in Harlem and areas further north. There are many factors to consider. If you're interested please contact me directly and we can discuss your options. You should definitely talk to a professional about financing first. I have a great contact at Chase Bank. His name is Jason and his info is below.

Yul Park
Senior Vice President
Cell: 917-647-2717
Fax: 646-537-2626

RES Sales and Marketing Corp.
320 West 37th Street, Suite 301
New York, NY 10018

Jason Han
Chase Mortgage Banker
Cell: 516-459-7826
... more
0 votes 14 answers Share Flag
Tue Apr 2, 2013
Anna M Brocco answered:
Scams do exist, therefore always proceed with caution, and always verify ownership before exchanging any money; for scam related information see link below... ... more
0 votes 7 answers Share Flag
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