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Home Buying in 10014 : Real Estate Advice

  • All49
  • Local Info4
  • Home Buying15
  • Home Selling4
  • Market Conditions3

Activity 1,351
Thu Sep 12, 2013
Christopher Pagli answered:
Hi, As long as they have an understanding of that market, access to the local MLS, and the proper marketing skills then absolutely.

Chris
0 votes 21 answers Share Flag
Thu Jun 13, 2013
allan erps,ABR,SFR answered:
First consideration is the "fair market value" of the home. Seems unusual that the taxes are that much higher for other equal type homes in the area. Does it have a STAR Deduction??
0 votes 6 answers Share Flag
Thu Jun 13, 2013
Jennifer Roberts answered:
Noam
Along with your monthly mortgage payments, in a condo you will have common charges (your portion of the costs to maintain the building, staff etc) and real estate taxes and in a co-op you have maintenance (which includes the cost to maintain the building, staff, real estates taxes and the underlying mortgage on the building). Each of these are monthly charges in addition to things like utilities and homeowners insurance.
Jennifer Roberts
Halstead Property, LLC
917-226-6555
... more
0 votes 8 answers Share Flag
Sat Oct 5, 2013
Tasha Trice answered:
Hi Noam,

Typically co-ops are cheaper than condos because when you purchase a co-op you are purchasing shares in a co-operative there by you are an owner of a portion of the unit versus when purchasing a condo you are purchasing the entire unit not a shared portion. Holding costs don't apply to condominiums in NYC.

I hope this helps.

Best Regards,
Tasha Trice
646 926-0609
... more
0 votes 10 answers Share Flag
Thu Nov 29, 2012
George Stroud answered:
Hello Greg,

I think you may need to be a little more specific. What property are you inquiring about?
0 votes 3 answers Share Flag
Sun Dec 2, 2012
Abigail Bacani answered:
There's one on 79th between 1st and York. Best thing to do is to do a google search on Churches in manhattan based on zipcode and they should come up.
0 votes 8 answers Share Flag
Tue Jan 29, 2013
Mark Fisher answered:
Are you trying to calculate the closing costs? Mortgage tax varies depending on the county, in NYC it is 1.8%
0 votes 3 answers Share Flag
Mon Nov 17, 2014
Christopher Pagli answered:
Hi, The flip tax is something that is imposed by the board when an owner sells a unit. They do it to deter flipping of units, hence the name flip tax. The NY State transfer tax is $4 per every thousand of the sale price. There is also a separate NYC transfer tax that your agent can advise you on.


Chris

Chris
... more
0 votes 13 answers Share Flag
Tue Nov 27, 2012
Pascual Paul Tarrats answered:
The only think that can bind you to an offer is a signed contract of agreement by both you and the seller. Good Luck
0 votes 11 answers Share Flag
Sun Nov 25, 2012
Rafael Barbosa answered:
Hi,

Give me a call or email to discuss. Have a great holiday!

CITI HABITATS
1456 First Avenue | New York, NY 10021
P 212.774.3800 | Cell 917.435.6611
Rbarbosa@citihabitats.com
0 votes 5 answers Share Flag
Mon Nov 26, 2012
Mark Fisher answered:
Hello, there is a good chance that you will be approved for a loan... The amount you will be approved for depends on your monthly debts, your income and any potential rental income of you are interested in multi-family properties. Feel free to contact me of you have any more questions or want to get Pre-approved. ... more
0 votes 12 answers Share Flag
Thu Jun 13, 2013
James Furlong answered:
Your sales contract will usually state what happens in this situation, and we must assume that your attorney has given you his advice based on that. Unfortunately deals do fall apart for a variety of reasons. It is a part of the business. It is best to accept and move on. Your future home ownership will be worth the stress of the journey. I wish you luck. ... more
0 votes 25 answers Share Flag
Thu Aug 6, 2015
Joseph Runfola answered:
Insurance needs vary based on the individual's needs, and location. There is no one size fits all answer. Insurance serves the purpose of protecting property owners against perils that are normally beyond their control. ... more
0 votes 5 answers Share Flag
Mon Feb 6, 2017
Weichert Realtors House and Home answered:
HI Mike,

The deal sheet is the pertinent information that is to go into the contract of sale. It contains the buyer & seller's names, their Attorney information, Your Broker's information, The Co-operating Broker's information, All pertinent information about the property being transferred, A rudimentary timeline for closing, Your Broker's commission, etc... The most important people that should have this deal sheet are You, the co-operating Broker, both Attorneys, and possibly your Client/customer.

Always make sure the deal sheet is as complete as possible. Every office has a different format, and some may call it a "deal sheet," others may call it a "memorandum of understanding," etc...

Please let me know if you have any other questions.

All the best,

Joe Greene
Broker/Owner
WEICHERT, REALTORS - House & Home
609 Kappock Street Suite 1A Bronx, NY 10463
(718) 432-5000 (Office)
(917) 974-2600 (Cell)
joegreene@weichert.com
www.WeichertWorks4U.com
... more
0 votes 7 answers Share Flag
Tue Nov 20, 2012
Kelly Killian answered:
Hi: No, not quite. The disclosure form is only utilized when there is substantive conversation regarding what you (either buyer or seller) are trying to do. This generally relates to financials and confidential information. The purpose of the disclosure is simply that, to make sure you know who the agent represents.

If you go to an open house, you don't need to sign it (in fact shouldn't if there isn't any substantive conversation as there is still some mis-use of the form for agents to claim you as their client...particularly in the boroughs). At an open house, the agent is representing the seller, unless you agree to dual agency.

Importantly, this is not a contract and even if you sign the form it does not mean that you are bound to the agent. Only if the agent has done work for you (made appointments, shown you property, taken you to open houses, provded a great deal of advice and/or in Manhattan put you on an open house schedule where you see apartments with out them). Agents who you met once at an open house in Manhattan cannot claim you as their client. You have the right to choose your agent at any time in the process.

Not all agencies require that they have the documentation from both sides, but the State does require that the person representing you has a signed copy, otherwise they can temporarily or permanently loose their license. For all closed deals, the agent must have copies. In fact, once substantive conversation occurs even for a rental, the form is required.

When the document first came out and there was a great deal of confusion about it (it is not a contract, it does not bind you to anything), I wrote a more detailed explanation here on Trulia on my section of the site. Feel free to look up the discussion or give me a call.
Kelly Killian
Vice President - Bond New York
cel: 954-675-9915
kkillian1@gmail.com
... more
0 votes 10 answers Share Flag
Fri Nov 16, 2012
Holden Silverman answered:
A typical rule of thumb for estimating closing costs is 3% of the home value. So in your case approximately $5000.
0 votes 6 answers Share Flag
Mon Nov 5, 2012
Joseph Hastings answered:
Hi Ishmail. I would ask you to consider removing this question and posting another with a bit more specific info for what you want to ask. The question in it's current form makes little sense. ... more
0 votes 4 answers Share Flag
Sun Nov 4, 2012
Anna M Brocco answered:
Check with the school directly...
0 votes 1 answer Share Flag
Wed Nov 14, 2012
Christopher Pagli answered:
Hi, Your best bet is speaking to a mortgage professional directly, the criteria changes all the time. I recommend Christian Babcock from Mortgage Master Inc 914.447.9691, tell him I sent you.

Christopher Pagli
Accredited Buyer Representative
... more
0 votes 14 answers Share Flag
Mon Nov 5, 2012
Keith & Kinsey Schulz answered:
I'm sure you'll get a bunch of responses from agents in your local area who can help. My link below has tips and interview questions that may help you select the right agent for you. Good luck with your purchase! ... more
0 votes 6 answers Share Flag
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