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12205 : Real Estate Advice

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  • Local Info0
  • Home Buying0
  • Home Selling2
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Activity 110
Fri Jul 2, 2010
Ralph Windschuh answered:
You don't necessarily need a lease - you can be month to month. With respect to the deposit and deposit, if there's no damage or valid reason to retain those funds, I would go to small claims court and/or seek legal advice. ... more
0 votes 4 answers Share Flag
Wed Apr 28, 2010
Don Tepper answered:
You didn't provide the location of the house, or a link to it.

One tip: If it's a foreclosure listed on RealtyTrac, it's not real. The house probably isn't for sale and, if it is, not for the price listed.

Please post the link and we'll be glad to help.
... more
0 votes 1 answer Share Flag
Tue Apr 27, 2010
Sean Dawes answered:
In order to get a section 8 voucher you qualify due to income. How would you be able to buy a home if your qualify for section 8 to begin with?

Sean
0 votes 1 answer Share Flag
Mon Apr 26, 2010
Anna M Brocco answered:
It's possible that it's in contract, sold, withdrawn from the market, etc--any local agent can help you--contact any realty office(s) and inquire or contact any local Trulia contributor(s) directly and ask. ... more
0 votes 2 answers Share Flag
Thu Apr 15, 2010
Sean Dawes answered:
When was it listed with a realtor?

Also does that realtor have a feed setup to go to trulia or did they manually enter it?

It might just take a little bit as it can take up to 72hrs to appear if Im not mistaken.


Sean
... more
0 votes 4 answers Share Flag
Sat Jun 30, 2012
Ryan Walley answered:
I used to live there - born and raised in Albany but I live in Buffalo now. My father is actually selling his house in Center Square - It will be listing within the next two weeks. Its a great area with quite a bit to do. Parking is always an adventure!

Contact me directly through Trulia above in my profile and I will give you the low-down on the neighborhood, as well as the house, if its something you would like to consider and possibly see before other showings. My cell phone should be there but email me and I'll provide it to you!
... more
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Tue Sep 17, 2013
Anna M Brocco answered:
Depends on your lifestyle, wants and needs--why not do some homework first, drive through neighborhoods more than once and at different times of day, look at everything of importance to you--then make a determination, where will your comfort level best be reached. ... more
0 votes 2 answers Share Flag
Mon Feb 15, 2010
Kevin Clancy answered:
I wouldn't get too hung up on the list to sale price ratios for a specific neighborhood. Agents often site this number and while it provides some information, it is often misleading because agents don't price homes perfectly. In addition, homes with stories such as divorce, jobloss, etc. will skew the results. Therefore, you really need a fairly large sample size and even then this ratio provides limited info. The following link will show you the market trends report for the four county area for 2009. This includes the average list to sale price ratios. Here is the link http://alturl.com/znf2 To see specific neighborhood sales and listings check out http://www.Albanynymarkettrends.com Just type in an address and you will get an automated report. Hope this helps! ... more
0 votes 2 answers Share Flag
Tue Jan 26, 2010
William Squires answered:
The property will most likely be assigned to there REO dept. If you know who the Lender is, call there customer service line and ask for there REO dept. Once the home gets assigned (1-2 Months) they will most likely tell you who the listing agent is going to be.

Good Luck.

William Squires
www.WilliamSquires.com
... more
0 votes 2 answers Share Flag
Sat Mar 7, 2015
Brian Brosen answered:
There are truly several ways to answer your question, depending upon what your goals are. I would want to know if you are looking for a place to live for yourself, if this is purely an investment, non owner occupied home, etc - I would really want to know those kinds of things. Taxes are highest in Schenectady ( the city ), but also run quite high in most of the towns around here, just a fact of life in NY. School distrcits have an impact on home values, and the higher rated ones in the area ( guilderland, bethlehem, niskayuna, north colonie and voorheesville) are all well known, and all those area have had fairly good levels of appreciation over the years. i know you are just looking around, asking some questions, if you want to chat a bit more about these things, please feel free to e mail me directly at Brian@TheCapitalTeam.com - I would be happy to speak with you about towns, investment areas, etc that may help you in your search. ... more
0 votes 4 answers Share Flag
Fri Jan 1, 2010
Brian Brosen answered:
Hi Jamison-
My contact info is below:


Brian Brosen - The Capital Team of RealtyUSA
brian@thecapitalteam.com
(518) 669-2633 - cell phone

I would be happy to speak with you and send you some homes to preview - i know the area well, office is not far away, and i live close by - visit our website at www.TheCapitalTeam.com as well to search the mls... ... more
0 votes 4 answers Share Flag
Wed Dec 30, 2009
Nirmala Caraballo answered:
Dear Nick,

I would like to congratulate you on your new potential purchase. It is a bit impossible to predict the actual costs, as estimates could be given. I am attaching a link, that I use with my clients. Closing costs are usually 4% of the purchase price.

http://realestate.yahoo.com/calculators/closing_costs.html

I would highly recommed that you discuss with you attorney. Good luck.

Nirmala Caraballo
Real Estate Agent
Cruse Realty
Tel.: 646-479-7873
E-mail: nhcaraballo@yahoo.com
... more
0 votes 5 answers Share Flag
Fri Jan 1, 2010
Precise answered:
You get a package of materails from curtis lumber. This will save you money in have the contractor shop for you. Once you have a package pick out then you can contact a contractor to do the labor. Precise Contracting can help you design one, if the price at C.L. are not in your liking, plus they can also build it for you. They are also reasonable in price by far. Their Website is www.precisecontracting.org ... more
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Tue Oct 6, 2009
Jonathan Twombly asked:
Looking for current, reliable vacany rate data for residential rental properties in the city of Albany.
0 votes 0 Answers Share Flag
Mon Sep 21, 2009
Clair F Bee III answered:
When negotiating and purchasing real estate its best to have your own representation

Find all the homes your looking for @ Http://www.ClairFBee.com

ITS FREE TO SEARCH THE MLS- NO OBLIGATION AT ALL!!!!! ... more
0 votes 1 answer Share Flag
Thu Sep 17, 2009
Brian Brosen answered:
That particular condo has 2 bedrooms, 1 full bath, is 1242 square feet and has a monthly condo fee of $223 per month.
0 votes 1 answer Share Flag
Wed Apr 28, 2010
Clair F Bee III answered:
Yes, she can do whatever she wants with the money.

Your security deposit will be transfered to the new owners at the closing (if it sells)

Some banks offer CASH FOR KEYS which is a program to help renters of foreclosed properties to find new housing... They give you first and last months rent or a set amount to get you out of the building and into another one.

If you need help locating a new rental contact me anytime!!!

Clair F Bee II
518-724-5870
Keller Williams Realty Capital District
ClairBee@kw.com
http://www.ClairFBee.com
... more
0 votes 4 answers Share Flag
Thu Aug 6, 2009
Cecil Provost answered:
Good morning,

Albany and the greater "Tech Valley" region is a smart place to be investing in real estate. With the strong local focus and growth in the semiconductor technology and energy industries we expect very nice appreciation here in the coming years. In terms of investing my question would be are you looking for short-term or long-term return on your money. When a client comes to our team we discuss your goals, timeframe, and financial situation (I also worked many years as a Financial Planner / Stockbroker so we discuss how real estate fits into your overall portfolio). Are you looking for immediate cash flow, long-term growth, tax write-offs, or all three? When I know those answers then we can give you advice that makes sense for you. Taxes, insurance, utilities and other expenses are all part of the APOD (Annual Property Operating Data) analysis we go through for our clients on each property. Please feel free to contact my office, or any competent Realtor who specializes in investment real estate. ... more
0 votes 3 answers Share Flag
Tue Jul 28, 2009
Frank Gentile answered:
There is a rehab loan through FHA called a 301K which would allow you to puchase the home and finance improvements. It is detail intense but certainly worth it if you find the right deal. I think they loan up to the finished (rehabbed) value, plus 7%. For a total amount of 107% LTV. ... more
0 votes 1 answer Share Flag
Thu May 28, 2009
Frank Gentile answered:
That really depends on the condition of the home and what the finished potential is. It was most recently listed at $36,000 (way below market value). It is now pending. There must be some sturctural issues that need to be corrected. Typically a 2 family in that location in Albany with 3 BR's in each unit would range from $135,000 to $215,000 (estimated). ... more
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