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12247 : Real Estate Advice

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Activity 110
Tue May 5, 2009
Thuy Duong asked:
Area/Alamitos Beach like? Is that a good place to buy an investment property? Will the units rent quickly?
0 votes 0 Answers Share Flag
Tue May 5, 2009
Thuy Duong asked:
Area/Alamitos Beach like? Is that a good place to buy an investment property? Will the units rent quickly?
0 votes 0 Answers Share Flag
Tue May 5, 2009
Thuy Duong asked:
Area/Alamitos Beach like? Is that a good place to buy an investment property? Will the units rent quickly?
0 votes 0 Answers Share Flag
Wed Apr 22, 2009
Michael Hammond answered:
If you pay for it, Rachele, you should be entitled to a copy, in my estimation.
0 votes 3 answers Share Flag
Mon May 10, 2010
Jon Huther answered:
Please email me the address and I'd be happy to get all the information to you.
0 votes 2 answers Share Flag
Sun Jun 28, 2009
Pat & Steve Pribisko answered:
Patricia:

In every county in the U.S., information is available from your county offices as the information is public information (in OH where I am located it is the county auditors office). Many counties give you easy access to the information on-line. You need to know the addresses for the homes you are interested in. Usually, you need to leave off the suffix, such as for Main St., leave off the "St."

The easiest and best way to obtain the information from you local real estate agent. Even though you may not be ready to purchase a home right now, it's never too early to find a real estate agent with whom you establish a relationship. In addition, your real estate agent will be able to give you additional information that is not available from public records.

Best regards,
Pat Pribisko
TEAM PRIBISKO
Keller Williams Greater Cleveland West
... more
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Thu Sep 24, 2009
Lisa Brodsky answered:
Srplaske,

THAT is a very good question! My Instinct says you qualify..HOWEVER, you better get an accountant/CPA to help/answer that question for you. I am assuming you ARE a first time buyer? I sure hope you get the credit, I am rooting for you! I will see if I can find better information for you, I THINK I understand the Tax Credit , however, as you pointed out, this is a "twist". Do let me know IF you get a definate answer, this would be good to know!
IF it turns out you can not use the credit to buy you grandfathers house, and you decide to look for another home, please let me know if I can help you by referring you to a certified relocation specialist in your area...it takes about 24 hours and it is a free service to you. I am part of our relocation team here, so it is easy to do/help I HOPE you don't need my help this time! :)

Good Luck!
... more
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Sun Jun 28, 2009
Liz Stevens answered:
the insurer will insure the structure and even furniture and personal items inside the house, but not the land. the thinking is that the land will survive any fire or flood (this one is debatable). So the usual value is gained either by an appraisal by a lending institution at the time of sale, or refinance or if someone just wanted to know the institutional value of their property. Once the appraised amount is known, usually insurers will insure 2/3 of that amount - they value the land as 1/3 of the total value. Hope that makes sense. Liz ... more
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Tue Mar 10, 2009
Carmen Di Biase answered:
Patricia,

I am assuming you mean "small cape" house. A ranch has all of the rooms on one floor. A cape usually has the living room, kitchen, dining room, bathroom and one or 2 bedrooms on the first floor with additional bedrooms and possibly a bathroom on the second floor. The rooms on the second floor are affected by the slope of the roof. ... more
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Sun Feb 15, 2009
Marie Lyon answered:
A cost approach is done on new construction. You will need to figure the value of the land, using not only your property, but other comparables in the area that have sold within the last 6 months. This assumes that all necessary improvements (ie utilities) have been accomplished and the lot is ready to build on. That will establish the value of the land. Then you will need to figure a cost to construct the home based on the per square foot figure that your builder gives you. If this is not available then you can look at other new construction of the same quality as the home you'd like to build and use that cost per square foot figure. Be sure to use sold prices of other similar homes, not listing prices. Add that to the value of the land and you'll get pretty close to what the bank's appraiser will estimate. ... more
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Mon Feb 9, 2009
Christi Trombetti asked:
I have some excellent listings that would be great for someone moving to the Atlanta area who is interested in being in a family friendly area with great schools. I am working with a l...
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Sun Feb 15, 2009
Thomas McGroder, ABR, GRI, answered:
Hi Patricia,

In reference to your first question:
I'm not sure of the exact number of homes for sale in Albany,NY, but if you go to my web site www.thomasjrealestate.com and click search the MLS. You can search the entire capital region and sort by town, price, # bedrooms and so on. If you find a home you are interested in just give me a call and I will be happy to assist you.

2nd question:
While at my web site www.thomasjrealestate.com go to community info / links, under local government click on New York State Tax Map Info and pick Albany County. Let me know if you have any problems searching this system.
Regards,
Tom McGroder Thomas J. Real Estate 518-863-4691 tjm1@frontiernet.net
... more
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Wed Jan 21, 2009
Shelley Englert answered:
Hello Todd,

Thank you for you inquiry. I will be happy to assist you in your property search and answer any of your questions. Looking at the MLS this is a Victorian home in excellent condition and has been recently renovated. Because of the condition of the home it does make a difference with comps. You can put an offer in on the property. It has been on the market for 146 days. The bank would make the ultimate decision before loaning the money. It must appraise at the amount of the loan or close to it, if you plan on contributing money towards the home. Before a bank will lend you the money. And if the bank appraises the home below asking price you have a bargaining tool. With today's market it is unpredictable how a seller will respond to a lower offer.

Please email me directly and I will be happy give you the information you requested about the area. and property. I look forward to working with you.

Thank you,
Shelley Englert
shelley@all-americanproperties.com
518 812-5510
... more
0 votes 4 answers Share Flag
Mon Dec 29, 2008
Jon Huther answered:
It's isn't currently listed. Please contact me for more information and I would be happy to help.
0 votes 1 answer Share Flag
Mon Aug 15, 2016
Jim Mellen answered:
What happened to the Buffalo Bills today? I grew up in Williamsville and remain a loyal Bills and Sabres fan but lately they've both been....dissapointing! Tough season and I'm glad it's over.

Now to your question. I think it depends on the house. Personally I'd rather see a house vacant. But nearly every buyer I've worked with has a hard time visualizing the rooms without some sort of "spacial" consideration. Of course if the furniture or colors are hideous nothing will help. I would say get some opinions from some agents in the area or go view some open houses-both vacant and occupied to see what you think. If vacant houses were easier to see we wouldn't have any business (or need) for the staging companies. But they do seem to be thriving!

Good Luck, Jim Mellen
... more
0 votes 10 answers Share Flag
Mon Dec 15, 2008
Lisa Brodsky GRI, SRES, RCC, CNAS, CNMS, CNRS answered:
Hi Elm,
This is called a Modification. Many banks are doing it now. If you would like to talk personally about it, give me a call 845-401-1448. Are you current with your loan now or are you struggling? Be careful about hiring someone who isn't local or reputable to help you do this. It involves disclosing a lot of personal information. You can of course call your bank directly and try and discuss it with them. You may have a hard time getting to the right person, but it is worth a try. You may have to write a letter of hardship, depending on your circumstances, they may be more or less receptive about working with you. Good luck and do call if you want to talk about your personal circumstances. I do have connections with attorney's that are handling this for people in NY. I would be happy to refer you.
My Best,
Lisa Brodsky
... more
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Tue Dec 23, 2008
Jon Huther answered:
Still looking for info on this? If so, please check out my site for some info.
0 votes 1 answer Share Flag
Mon Dec 15, 2008
Randall Sandin answered:
You can always roll the points into the loan if the bank is OK with that. However is does raise the amount you finance and therefor your payment and more importantly, the amount you pay over the life of the loan. However, if financing the points is the difference between buying and renting, then do finance them as long as you are comfortable with the payment.

Hope that help,

Randall Sandin
843-209-9667
rsandin@carolinaone.com
... more
0 votes 4 answers Share Flag
Sun Sep 1, 2013
Ryan Walley answered:
Pat,

Hi. Saw your comment. Trulia and most real estate sites like them, pull their info from your MLS and tax records. So you would want to correct it there. I went into the property (nice place!) and then clicked through to your broker website. I see you have it listed as 3 bath, 1 half bath. Strange....

Zillow allows owners to claim their home and change wrong information.

For your listing, if it doesn't update, I would suggest mentioning it in the comments.

Good luck selling!
... more
0 votes 2 answers Share Flag
Wed Dec 3, 2008
Kevin Clancy answered:
Elm I could answer this fairly easily. However, I am not a lawyer and quite frankly any answer could be interpreted as providing legal advice and practicing law without a license. That said here are my general thoughts as I have several buyers playing this game right now due to the recent rate drop. Real estate transactions involve many, many people in different transactions up and downstream from your deal. Its not as easy as simply bumping your closing 2 weeks. Your seller has plans to buy another home. That seller has plans to buy a home. Each is most likely contingent upon the sale of their existing homes. Each have movers planned, temporary housing set up, new jobs starting, etc. Add in the holidays coming up with attorneys etc working limited work days for the remainder of the year and it isn't as simple as pushing your closing 2 weeks forward. You jam up dozens of people in most cases. I have seen this time and time again. One deal falls and its a domino effect. You signed a contract ,abide by the terms and refinance the home after you close. ... more
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