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14204 : Real Estate Advice

  • All3
  • Local Info0
  • Home Buying1
  • Home Selling0
  • Market Conditions0

Activity 402
Sat Mar 17, 2012
Michael Cheng answered:
The simplest way is to punch in the street name of your parents' house and see if there are neighboring rentals. Try craigslist first. And, if you don't see one, you can broaden your search to find a comparable rental. Otherwise, you can always hire a Realtor to help you rent out the house at market rates. The cost is generally 1 month rent. But, if you do it yourself and overprice the market, you can easily burn up several months trying to figure out the right rental rates. ... more
0 votes 4 answers Share Flag
Sun Mar 11, 2012
Linda Lorenzo answered:
I have seen this question seveal times here. I think if you just search this site you may find some information that will be of help.
0 votes 1 answer Share Flag
Thu Mar 1, 2012
Debbie Bond answered:
I would contact a lawyer. Though, you have to weight the fact that they can take the pics while you are there and you can verify or when you are gone and not be able to. But a lawyer is the person to consult. ... more
0 votes 2 answers Share Flag
Wed Feb 29, 2012
Joe Sorrentino answered:
Many people don't realize that but it is a prorated amount so, it will cost them a little more money, big deal. You really have to have your attorneys work this out. You're in the deal now and 3/4'
s of the way there. Let them work it out. If you have not gone past the date in the contract you can't do anything. The biggest thing is to check with your lender to make sure your mortgage commitment and rate lock doesn't expire before you will actually close.
... more
0 votes 1 answer Share Flag
Sat Feb 25, 2012
Joe Sorrentino answered:
Go to the Adams Mark Hotel instead. Most condos are not renting that short unless an individual owner does it on the QT
0 votes 5 answers Share Flag
Fri Jul 19, 2013
Anna M Brocco answered:
If purchasing with a mortgage, begin by visiting with any licensed loan officer to determine qualification; 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; also choose an agent to work with. ... more
0 votes 13 answers Share Flag
Sun Feb 19, 2012
Fran and Mark Redding answered:
Dashuka

Get a Buyers Agent. The sellers agent is not your friend.

Fran and Mark Redding
Prudential Fox & Roach, Realtors
1010 stonyhill Road
Yardley, PA 19067
215-321-3307 Direct
215-208-7169 Cell
www.franandmark.com
... more
0 votes 10 answers Share Flag
Sun Feb 12, 2012
Don Maclary answered:
Put the offer on paper! Verbal will rarely get a good response.
0 votes 8 answers Share Flag
Tue Aug 14, 2012
Joe Sorrentino answered:
No. You must deal with your landlord or rental agent. Some landlords just prefer to do it on a verbal agreement, others have a written form. Whomever you pay the rent to is the one you should ask. ... more
0 votes 1 answer Share Flag
Thu May 22, 2014
Sally Grenier answered:
With a VA loan you can borrow up to 100% of the value of the home (so no down payment). However you may need to pay for some closing costs. Oftentimes, your agent can negotiate and get the seller to pay for some or all of your closing costs, but not always.

BUT...is it wise to have ZERO invested in your new home? In my opinion, no. This is why we're in this housing crisis in the first place! People were able to get loans without putting anything into it. People were given loans who couldn't afford it. What happens if/when your home's value goes down? What happens when the furnace goes out, or the water heater breaks? If you couldn't afford to put any money down on your home, how are you going to pay for expensive repairs when they happen? (notice I say WHEN, not IF).
When people have zero invested, it's pretty easy for people to just walk away.

Don't get me wrong. I am all for home ownership and think it's a huge part of economic recovery. It's great that buyers can buy homes with little money down. But I do think buyers need to have something invested. Just my two cents! Good luck!
... more
0 votes 9 answers Share Flag
Sat Oct 11, 2014
Brian Rayl answered:
I'm not that familiar with the NY market, but my understanding was that NY was not a good investment state. Maybe I'm wrong.

From what I have heard, the best investment states are those that were hit hard by the housing bust like Florida, Nevada, Michigan, and especially Texas. Texas is a great economy for investing as we have one of the best economies in the United States, good job growth and creation, and no state income tax. Rental prices are up and purchase prices are down. It is pretty easy to earn 10% return annually on your investment here, with returns of 15 and even 20% per year possible.

I have helped investors from all over the US purchase property here in the Dallas, TX area. If you are interested, please feel free to give me a call.

Brian Rayl
Keller Williams Elite Dallas, TX
972-949-4222
Brian@Rayl-estate.com
http://BrianRayl.com
... more
0 votes 7 answers Share Flag
Fri May 10, 2013
Ryan Walley answered:
Yes, plenty. My favorite is Julie Babcock - Nook and cranny Home inspections. Let me know if you need a phone number if you do not find her online.
0 votes 2 answers Share Flag
Thu Aug 11, 2016
Anna M Brocco answered:
Why not consider working with an agent of your own who can provide suitable listings, any necessary information relating to specific properties/towns, etc. You can locate some area agents under the find a pro tab. ... more
0 votes 18 answers Share Flag
Mon Jan 9, 2012
Nina Harris answered:
The appraisal would need to come in at 115,000.
0 votes 10 answers Share Flag
Tue Feb 21, 2017
Joe Sorrentino answered:
Unfortunately, our two top grocery stores are local and Regional: Tops Markets and Wegmans:
http://www.topsmarkets.com/
http://www.wegmans.com/webapp/wcs/stores/servlet/HomepageView?storeId=10052&catalogId=10002&langId=-1&clear=true
Dashes is another local but smaller store:
http://www.dashsmarket.com/
Then there is Aldi's
... more
0 votes 5 answers Share Flag
Sun Jan 1, 2012
Jdbeatle82 asked:
Wed Dec 28, 2011
Robert & Lisa Measer answered:
Erin,

Nothing is wrong with these houses and they are not in foreclosure. It is possible that there has not been to many people interested in them. If you would like to look at them please feel free to give me a call.

Robert Measer
912-2915
... more
0 votes 5 answers Share Flag
Tue Feb 19, 2013
Joe Sorrentino answered:
We as Licensed Real Estate professionals in NYS are very limited in what can be said about neighborhood conditions and surroundings. It sounds like you would be renting as opposed to buying. I recommend that you contact:

Mary Evanco-Caark
Admissions - Undergraduate
Admissions Counselor
evancom@dyc.edu
DAC 132
phone: 829-7714
For lots of information.
Joe Sorrentino
MJ Peterson Real Estate.
... more
0 votes 3 answers Share Flag
Tue Dec 6, 2011
Joe Sorrentino answered:
Call me and I can give you the low-down aye? I had the same experience in TO for myself.
Joe Sorrentino - Assoc. Broker
MJ Peterson Real Estate
716-998-5637
0 votes 4 answers Share Flag
Tue Dec 6, 2011
Anna M Brocco answered:
If unfamiliar with the area, do visit more than once and at different times of day, possibly chat with locals/neighbors; for any safety concerns contact the local police department with all your questions, hear all there is to hear firsthand; real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods.
http://www.neighborhoodscout.com/
http://www.spotcrime.com
... more
0 votes 1 answer Share Flag
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