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Amherst : Real Estate Advice

  • All95
  • Local Info7
  • Home Buying22
  • Home Selling3
  • Market Conditions3

Activity 27
Mon Oct 7, 2013
Mia Banaszak answered:
It does have a full, partially finished basement.
0 votes 3 answers Share Flag
Fri Mar 15, 2013
Joe Sorrentino answered:
Katie:
Our company has a huge rental division that includes single family homes. Please e-mail me direct with your requirements including number of bedrooms, baths etc. An important item we need to know is if you have pets. We have some properties that allow pets and others that do not.
You can e-mail me at joe@joesorrentino.com or call me at 716-998-5637 so we can discuss your needs further.

Joe Sorrentino
Assoc. Broker - MJ Peterson Real Estate
... more
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Tue Nov 13, 2012
Anna M Brocco answered:
What is your agent advising...does the property's list price reflect the necessary repairs....what do comps suggest, recently sold similar properties in the immediate area...
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Mon Oct 7, 2013
Dan Woods answered:
You may want to call the Amherst Building Department for more information. The US Army Corp has information, but often it isn't detailed out to the level of detail you would be looking for. I would also suggest having a detailed inspection done to see if there are any signs of basement sinking/cracking that would suggest there was a problem. You may also be able to add additional coverage with an insurance rider to protect you above what homeowner's insurance provides. If this is a concern I would certainly encourage getting the appropriate legal/real estate/insurance provider representation to outline your rights/risks to make an effective decision for yourself.

I hope this helps
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Sun May 26, 2013
Colleen Kulikowski answered:
Many home owners must sell and cannot carry the home and place a tenant in it. There are many homes listed for rent on the MLS, you may want to check them out.
0 votes 4 answers Share Flag
Thu Sep 13, 2012
Joe Sorrentino answered:
Most bank owner or foreclosed properties are listed with the local Multiple Listing Service. The best sight to go to is in Buffalo/Niagara area is: 2findyourhome.com however, you have to search like you would like any other property.

You can also go here:

http://ushud.com/?gclid=CMXhtvHPp7ICFUXf4AodzA4Agg

http://www.erie.gov/ecrpts/auction.asp (call for the next auction)

http://www.ci.buffalo.ny.us/Home/City_Departments/RealEstate_Old/Purchasing_City_Owned_Properties
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Tue Jul 10, 2012
Alison Hillman answered:
Hi Francesca,

How far from where? Would love to help, just need a bit more information please.

Thanks,
Ali, Community Manager
0 votes 1 answer Share Flag
Thu May 2, 2013
Anna M Brocco answered:
Check with local realty offices, or work with an agent; check local print media for by owner rentals, always verify ownership before exchanging any money; word of mouth, etc.
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Wed May 23, 2012
answered:
Jim,

We would really need more information to provide a definitive answer. There are too many other variables involved to be able to provide an accurate number including materials, features, whether you will act as your own general contractor or employ the expertise of a local builder, etc.

I would be happy to put you in touch with well-known, reputable builders in the Western NY area if you are interested.

Please call at any time.

Ron Fronckowiak
President
R & R Funding, Inc.
716-685-9696
... more
0 votes 2 answers Share Flag
Mon Jun 25, 2012
Anna M Brocco answered:
Consider interviewing in person a few local agents from different realty companies, then choose the one you like best; you can locate area agents under the find a pro tab; choose your agent with care.... ... more
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Thu Aug 25, 2011
james harner answered:
The simplest answer is no. You are going to have to wait 3 years after your discharge to obtain financing, these are underwriting guidelines for all federally underwritten loans.. In the interim I would try to build credit thru secured credit cards, short term financing, dept. store cards and paying balances on time and carrying a balance for 6 months at least.

you may just want to try to go lease purchase if you can find a seller willing to finance. This is an excellent option in today's difficult lending environment.
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Sat Mar 26, 2011
Anna M Brocco answered:
If you are not working with an agent, consider doing so; he/she can provide any necessary information, schedule showings, handle necessary paperwork, provide comps so not to overpay--recently sold similar properties in the immediate area, etc. ... more
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Sun Jan 23, 2011
James Gordon ABR SFR SRS answered:
Carmen a fair price for who? The owner who wants to dump a property and not put anything in it or the investor who is putting their money and time in the property and taking the risk on getting it resold?
35% of ARV less cost of repairs sounds fair.
... more
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Thu Dec 23, 2010
Karen Bishop answered:
You wont' find a better agent to work with for investment properties than Mike Bishop ~ 716-553-7932
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Fri Oct 22, 2010
Anna M Brocco answered:
You can check local public records department, ask the owner(s) if applicable, or any local agent can help, contact any realty office and inquire--or contact any local Trulia contributor(s) directly and ask--under the find a pro tab. ... more
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Thu Jan 19, 2012
Jerry Thompson II answered:
yes is does it is very safe, the agent you list with should record the location of the electric lockbox meaning your mls number and home, and is able to login and review any activity. I have had no unscheduled showings on any electronic lockboxes since we have had them here in Western New York, and only mombers of the BNAR have access. ... more
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Sun Sep 12, 2010
Christopher Lefebvre answered:
Check out the public records for the home. Perhaps it is a pre-foreclosure and may have been abandoned. It could also be possible that it was a rental and now it is vacant looking for a tenant? Try asking some of the neighbors, someone might now what is going on. ... more
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Wed Mar 17, 2010
Scott Godzyk answered:
A house is only worth what someone else is willing to pay for it, anyone can put any price on a home due to what they owe or think it is worth, it doesnt mean it will sell. When obtaining a value of a property you use the most similar homes from that area, best if homes sold within 3 months but not more than 6 months, you also look at what similar houses are liste dfor. Then if teh subject home has more amenities, extras or upgrades you have to adjust for each one whether up or down. Then you come up with a range of 3 prices, such as what i think the house willsell for, what the asking price should be set at and what it will probabily end up selling for. Some sellers are stuck as they owe so much, and put it on the market with a wing and a prayer. When buying you will want to use the same process to find out what the home is worth in todays market and base your offer on that. i hope i could help... ... more
0 votes 5 answers Share Flag
Fri Jan 14, 2011
Debe Maxwell answered:
Your buyer's agent is your best source of information on comparables--this is where buyer's agents shine! Knowing the area, the builder, the value of upgrades vs. no upgrades and knowledge of the recent sales along with the ability to pull the recent sales and provide comparables to you just as an appraiser does. (Pretty good for the providing a free service, isn't it?!)

Good luck to you and Enjoy Amherst!
... more
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