Since you mention potential, keep in mind that only the owner will know for sure if the property is headed to foreclosure.....Since most do end up being listed by a broker, consider working with an agent of your own...... more
Property taxes do vary by exact location, size, schools, upgrades, etc.; if asking about specific properties consider working with an agent, or contact the local tax assessor's office with any questions...... more
Thanks for the question. I would suggest that you visit the house during the times school lets in and out and see what you think. That is definitely something to take into account during your due diligence. I would say an upside, this is me as a parent, you would be able to watch your child go to and from school.
I live behind a school and i actually like the sounds of kids playing sports and the traffic is not to bad. I am in Georgia so I do not know your area, but you can research traffic and physically visiting is the most important thing.
Heather Murphy Real Estate Group
Keller Williams Coastal Area Partners
e. email@example.com... more
Yes, the owner gets paid regardless the method of payment; however cash offers tend to close quickly, oftentimes no appraisal, sometimes no home inspection is conducted, etc. If looking to purchase in the near future consider an agent of your own....... more
Your local county government should have a website with tax information to which you can refer. Contact a local REALTOR who can give you a range of taxes you would pay on the size of home you are looking for. Land & Building assessments differ for every property but a good "ballpark" number should help. A good real estate agent will also know of any zoning / tax options you can look for to help ease the tax burden if thats a key component of your purchasing power.... more
Keep in mind both lenders need to approve the sale, therefore if the lender(s) is looking for additional money, you may not have any options, unless the comparables faxed change the lenders' mind--what is your attorney suggesting.... more
How close to the railroad is it? And is that a positive or negative. If the house backs up to freight tracks, that's a negative. If it's 2 blocks from a commuter line, that's a positive.
As far as a cape, it depends in part on surrounding homes. If there are a bunch of other capes, that's good. If yours is the only cape within 15 blocks, that's not so good.
Similar situation with a basement. All things being equal, a basement would be desirable. However, I hope that you're paying less because it doesn't have a basement. And: Do other nearby homes have basements? If they generally do, that's a negative. If basements are relatively rare and yours is more the norm, that's a positive.
Finally, it's relatively easy to sell a home if it's priced low enough. On the other hand, if it's overpriced, then--no--it won't be easy. And that's probably the biggest factor in the equation.
Are you referring to exclusive within one realty office-- Any local agent can help you, as most properties do end up on MLS--and keep in ind that any agent can help with you with showings on any exclusives, with a buyer broker agreement. The vast majority of available properties are on MLS--check out www.MLSLI.com Are you looking specifically in the New Hyde Park area--... more
No it is not unheard of to ask a seller to pay closing costs. It really depends on how long the seller has owned the property and how long that property has been on the market. If you are close enough to the asking price you should ask the selling broker whether or not the seller would consider paying closing costs out of the proceeds or, at the very least split it with you.
You might as well ask the seller now instead of just a few days before instead of waiting.
Yes you should have an agent help you in this process because more than likely, they have done it before.... more
Stucco is an excellent material and very durable. Florida, a very hurricaine prone area, uses it on just about every house/structure that is built. Stucco is a cementuous finish that troweled on over lathe or to a base coat like cement block. Because it is made of cement it will withstand much more abuse than many other materials. It does need maintenance however and how often it needs to be painted depends on who you talk to. The answer to that questions is more a product of the paint used than the material it is applied to. Cheap paint means that you will need to paint more often, but that maintenance has little to do with subsurface beneath the paint. I hope that helps.