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Home Buying in 11235 : Real Estate Advice

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  • Local Info3
  • Home Buying56
  • Home Selling14
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Activity 1,216
Mon Mar 25, 2013
Anna M Brocco answered:
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, therefore visit with any licensed loan officer and see exactly what your budget/expenses can be expected. Keep in mind when purchasing co-ops, boards do have their own financial qualifications that must be met in order to be approved, and each building is different. ... more
0 votes 5 answers Share Flag
Sun Mar 24, 2013
Kathryn Lilly answered:
Mixed use properties typicaly do not have Open Houses.

Kathryn Lilly, Principal Broker
Realty on the Greene, LLC
718-858-7600
0 votes 1 answer Share Flag
Mon Mar 25, 2013
Jacques Ambron answered:
You should find out why the bank denied the loan, and try to correct the issue. There is no set time limit to start another process.
0 votes 7 answers Share Flag
Sat Mar 23, 2013
Michael Denniston answered:
Hi Jersenia,

Based on your question, it's obvious you know the importance of having the right professionals on your real estate investment team. A seasoned mortgage professional is a critical member of that team. I have extensive experience helping investors build wealth with investment properties. For more information or assistance, call me directly at 917.699.0183. Follow me on twitter @mdenniston247.

I value your feedback, please hit the thumbs up if my reply was helpful. All the best.

Michael Denniston l Cell: (917) 699-0183
Residential Home Funding, Corp.
Licensed Mortgage Loan Originator l Branch Manager
6901 Jericho Turnpike Ste. 219 | Syosset, NY 11791
Main: (516) 605-1733 | Fax: (888) 881-2557
NMLS # 24076 | Company NMLS # 34973
Mdenniston@RHFunding.com
www.rhfunding.com
.
... more
0 votes 4 answers Share Flag
Wed Jul 31, 2013
Trulia Brooklyn answered:
Hi there-

You can get started with your hunt here on Trulia: http://www.trulia.com/for_rent/NY/Brooklyn,5071,Cobble_Hill/

Hope this helps,
Ali, Community Manager
0 votes 3 answers Share Flag
Tue Mar 19, 2013
Judithzbiegniewicz asked:
We rent a house but it is not a good place to live. The landlord had it for sale. Then we rented for 1,500 a month then after 7 months put it on thr market so we have to move. So is the...
0 votes 0 Answers Share Flag
Tue Mar 19, 2013
Luke Constantino answered:
Well...
They say Brooklyn is "The New Manhattan" and is more culurally diverse than any place I know. We even have a Botanical Garden! It is alot safer than evcer before, some of the best schools in NYC area here and you can even take the kids to Coney Island in the summer!

I think it more family friendly than the high volume of people and traffic of Manhattan.

Have any questions? Feel free to call me. Not only am I a native...
I was born here!

Luke Constantino
Realtor
(212) 300-3919
lukeconstantino@gmail.com
... more
0 votes 2 answers Share Flag
Tue Mar 19, 2013
Tina Lam answered:
Financially, it's very helpful to have equity. You can borrow against it or use it to buy a larger or better home.
0 votes 3 answers Share Flag
Fri Mar 22, 2013
Gail Gladstone answered:
No Rhayward, first time means just that; first time buying a home.
0 votes 7 answers Share Flag
Mon Mar 18, 2013
Muffinman answered:
0 votes 1 answer Share Flag
Mon Mar 18, 2013
Ann Zemaitis answered:
Well, I'll answer your question in a Brooklyn-centric manner, since it appears that's where you're from. While condo home owners' associations are the norm in places like Florida, in NY there is the condo board and the offering plan, which lays down the rules and functioning of the building for the most part. New ideas or rules are voted on. So don't worry, you'll be fine in NYC with no home owners association-- there's a condo board and if you want, you can usually find a place on it.

Want an agent who rebates you 10% of the commission at closing? That's me. For example, on a $500,000 property with 2.5% to my co., that's a $1,250 rebate.

Thanks!

Ann Zemaitis
Sr. Vice President
Rutenberg Realty
9176761950
azemaitis@CRRNYC.com
... more
0 votes 3 answers Share Flag
Mon Mar 18, 2013
Gail Gladstone answered:
Rhayward,

The purpose of a walk-through is to make sure no damage was incurred from the move out and/or expose something that might have been hidden behind furniture...or anything major that may have occurred since you did your home inspection.

It is NOT another home inspection.

Good luck in your new home.

gail@GladstoneGroupRealty.com
718-928-9580
... more
0 votes 3 answers Share Flag
Tue Mar 12, 2013
Mitchell Feldman answered:
The amount a buyer offers on a property should be based on how badly the buyer actually wants the property. In the end, the only thing we know for sure is that if you offer the full asking price, most likely you will get the property. If you offer less than the asking price, anything can happen... but the bottom line is that the closer you are to the asking price, the more is the likely that you will get the property.

Think about how badly you want the property and then offer accordingly.

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 4 answers Share Flag
Wed Mar 13, 2013
Javier Meneses answered:
You can't. When you purchase a house using FHA financing, you'll pay 1.75% in Upfront Mortgage Insurance Premium which is typically included into the total financed loan amount, and you'll also have monthly mortgage insurance which can vary by the term and percentage of the house's value you're financing. No way to discount any of it on a initial purchase.

If my response was helpful, consider clicking BEST ANSWER!

Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
(516) 606-9648
... more
0 votes 3 answers Share Flag
Mon Mar 11, 2013
Keith Jean-Pierre answered:
Depends on the purchase price, your credit, your last two years tax returns, taxes, HOA fees if any, etc. There are a number of factors. Speaking with a mortgage professional will answer all these questions. ... more
0 votes 2 answers Share Flag
Mon Mar 11, 2013
Keith Jean-Pierre answered:
More information can be found here:

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/203k/203kabou
0 votes 3 answers Share Flag
Thu Mar 28, 2013
Keith Jean-Pierre answered:
That is a standard FHA loan. More information can be found here:

http://www.fhatoday.com/203b.htm
0 votes 3 answers Share Flag
Mon Mar 11, 2013
Irina Karan answered:
Hello Amy,

Federal Housing Authority.

In case you need an FHA loan, check out this info:

http://portal.hud.gov/hudportal/HUD?src=/buying/loans

Hope this helps,

Irina Karan
Beachfront Realty, Inc.
IrinaKaran@gmail.com
... more
0 votes 1 answer Share Flag
Mon Mar 11, 2013
Madeline Padovano answered:
Hi Micheline? what is your question abt this coop?
0 votes 1 answer Share Flag
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