Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Buying in 11236 : Real Estate Advice

  • All39
  • Local Info3
  • Home Buying22
  • Home Selling0
  • Market Conditions0

Activity 1,216
Wed Jan 23, 2013
Nirmala Caraballo answered:
Trulia Brooklyn,

You can contact the NYS Department of State and they can verify if the agent is licensed.
0 votes 3 answers Share Flag
Tue Jan 22, 2013
Kathryn Lilly answered:
They will refere you to the agents manager within the company that the agent is licensed with.
Good Luck!
Kathryn Lilly, Broker
Realty on the Greene, LLC
718-858-7600
0 votes 1 answer Share Flag
Tue Jan 22, 2013
Shanna Rogers answered:
Hi disgruntledblack,

First thing you should do is get pre-approved for a loan. (Ask friends, check with your bank, etc). Once you are pre-approved, you will know how much you can afford and therefore what properties to look at. Hire a local Realtor (local to the area you want to buy in) to assist you in finding your new home.

Good luck.

Shanna Rogers
SR Realty
www.RealtyBySR.com
... more
0 votes 6 answers Share Flag
Mon Jan 28, 2013
Madeline Padovano answered:
in today's marketplace possibly sunset park and it will need some TLC but if you send me your
direct email I will be happy to do some research for you.
madelinepadovano@fillmore.com ... more
0 votes 7 answers Share Flag
Mon Jan 21, 2013
Kathryn Lilly answered:
In the neighborhoods that you are looking at, the market is extremly competative. Any offer you submit is going to be against other buyers, probably some all cash or not asking for much in the way of a mortgage/finance contingency. The less contingencies a buyer is asking for, the more likely the offer will be accepted by a seller.
That said at the moment you could buy a studio apartment, depending on your income, downpayment, etc. A year from now I suspect the market will be very different. The amount of cash for downpayments and closing costs depends greatly on your finances as well as the building you are trying to buy into. Feel free to call me to discuss further.
If you are not ready for a year, use the time to save, save, save, check your tax returns, your credit reports and spend a lot of time scouting the areas and open houses for what you think you want to try to buy.
The neighborhoods that you have mentioned are all very different; socialy, structuraly and type of architecture and property available, I am sure once you spend a bit more time in each neighborhood and be open to discovering a few other neighborhoods in the area, you will be better able to make the right choice when you are ready, financialy and otherwise to buy.
It is a bit early to work with a Broker, but feel free to call for help or direction.
Yours,
Kathryn Lilly, Broker
Realty on the Greene, LLC
718-858-7600
... more
0 votes 3 answers Share Flag
Wed Jun 5, 2013
Scott Miller answered:
Hi DMD,

Here's a little secret I found out a few years ago working with a Dr and her husband. There are many banks that have specific programs for doctors. The interest rates were a little better than the norm and they were looking for zero to low down payments. These are banks we deal with everyday and have a presence in NY.

If you start to call around to the mortgage departments in each one, I'm sure you'll find out if they still do the Dr mortgages pretty quickly.

GOOD LUCK.

Scott Miller
Realty Associates
Boca Raton-Miami Beach, FL
... more
0 votes 7 answers Share Flag
Tue Jun 4, 2013
Kathryn Lilly answered:
Sorry, afraid not.
The closing costs alone will be approximatly $50,000 + when a Bank sees that you are reying on rental income to pay the mortgage they want to see more equity in the deal and reserves.
You are trying to jump the high bar instead of getting over a hurdle. Buy a co-op in the right building, improve it, sell it put your tax free profit into a 2 family, again improve it. Refinance it, use that equity for the down payment on your dream house.
I say it takes 3 moves to your dream house. And buying and improving your residence is the best tax free, legal way of building the capital it takes to buy a house.
Like anything else in life it takes dissapline and hard work. But it can be done.
Yours,
kathryn Lilly, Broker
Realty on the Greene, LLC
718-858-7600
... more
0 votes 7 answers Share Flag
Sun Mar 8, 2015
Anna M Brocco answered:
Check local public records, tax records, ask any neighbor(s), ask any local agent offline...
0 votes 2 answers Share Flag
Thu Jan 17, 2013
Javier Meneses answered:
It's really about which loan program best fits you. If you are very limited with money you can use towards down payment and/or closing costs, maybe FHA is the way to go. If you have a high enough credit score, and can come up with a 5% down payment and have some additional money for at least part of your closing costs, maybe you'll be better for for a Conventional loan, which almost always results in a lower monthly payment.

The best thing to do is to allow a Loan Officer to review your credit and financial documents. This is the best way any Loan Officer can advise you of your options.

If you're in need of someone, feel free to contact me. Good luck!

Javier Meneses
NMLS #23130
Senior Loan Officer
Sterling National Bank
jmeneses@snb.com
... more
0 votes 8 answers Share Flag
Sun Jan 13, 2013
Anna M Brocco answered:
Consider working with an agent; also check local print media for by owner rentals, always verify ownership before exchanging any money; word of mouth, etc.
0 votes 3 answers Share Flag
Mon Jan 14, 2013
Jennifer Fivelsdal answered:
Norman you should contact a local real estate agent. Since you are in NY state the SONYMA program is geared towards first time buyers http://www.nyshcr.org/Topics/Home/Buyers/SONYMA/SONYMAProduc… Counties usually have other programs and the agent can help you find such information. ... more
0 votes 5 answers Share Flag
Tue Jan 15, 2013
Scott Godzyk answered:
Meet with a local and trusted loan officer who can prequailify you at no cost after theylook at your credit and finacials and tell you what your options are. The worst teh credit, the more you may need down. Only a loan officer though will have the answers. ... more
0 votes 9 answers Share Flag
Sun Jan 13, 2013
Raisa Beilina answered:
I can get you one.Please, call me at 917-667-6769, Raisa
0 votes 3 answers Share Flag
Sun Jan 13, 2013
Fajardo Delacruz answered:
This apt. as a wait list for parking and the wait sometimes is very short.
0 votes 5 answers Share Flag
Sun Jan 13, 2013
Fajardo Delacruz answered:
Tue Jan 8, 2013
Javier Meneses answered:
The link below takes you to HUD, where you can see all approved condos in New York. I'm wondering why you can't go Conventional? FHA is a bit more lenient than Conventional when it comes to down payment and reserves. But if you can swing a 5% down payment and manage to have a couple months reserves, you have a possibility of getting in a Conventional loan. I have closed several clients in recent months who have purchased condos with a 5% down payment Conventional loan.

Would need to look at the credit and see if that works as well, among other things. But it's def possible. Speak to the loan officer who pre-approved you and see what they can do. Good luck!

Javier Meneses
NMLS #23130
Senior Loan Officer
Sterling National Bank
jmeneses@snb.com
... more
0 votes 10 answers Share Flag
Mon Jan 14, 2013
Claudia Williams answered:
Its a tough market with your income. However, you may have to think out of the box and consider roommates. Perhaps a few friends who with your combined incomes will open up more options. ... more
0 votes 4 answers Share Flag
Fri Jan 4, 2013
Javier Meneses answered:
Unless you're buying cash, the 1st thing you need to do is meet with a Loan Officer and see what you qualify for, then a Realtor can help you locate the right property. Good luck!


Javier Meneses
NMLS #23130
Senior Loan Officer
Sterling National Bank
jmeneses@snb.com
... more
0 votes 5 answers Share Flag
Fri Jun 16, 2017
Katherine Pontone answered:
This is a 340 unit complex called Fillmore Gardens which is 100% co-op. . This Garden Apartment complex was built in the 1960's. Coincidentally, some of the original owners have reached retirement and have decided to re-locate. These units can not be rented, and the complex has a no pet policy. Some apartments are owned by Estates and, since the heirs are unable to rent, they need to sell. The complex is extremely desirable since it is close to shopping, transportation and is located in a residential area. Every unit comes with the use of a parking area which is located behind the buildings, the maintenance includes gas, electric and heat and the brick buildings and outside areas are well maintained. ... more
0 votes 6 answers Share Flag
Sun Jun 23, 2013
Luke Constantino answered:
Hello KLB775,

If you have any quesios, feel free to call.
(You can also do a Google search on my name)

Luke Constantino
Realtor
Douglas Elliman
M: (212) 300-3919
F: (917) 369-2690
lukeconstantino@elliman.com
http://lukeconstantino.com
325 Court Street, Brooklyn, NY 11231
... more
0 votes 6 answers Share Flag
... 5 6 7 8 9 ...
Search Advice
Search

Followers

621