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Home Buying in Bay Ridge & Fort Hamilton : Real Estate Advice

  • All175
  • Local Info18
  • Home Buying45
  • Home Selling3
  • Market Conditions8

Activity 26
Tue Apr 30, 2013
Luke Constantino answered:
Bay Ridge is a neighborhood in Brooklyn, NY, not N.J.

Bay Ridge is also the best neighborhood in NYC to raise children:

http://www.nydailynews.com/new-york/bay-ridge-best-nabe-brooklyn-bring-children-report-finds-article-1.1273384

I hope this helps you.
Please feel free to call, text or email me anytime...
Bay Ridge has beautiful houses too.

Luke Constantino
Realtor
Keller Willams Real Estate
(212) 300-3919
lukeconstantino@gmail.com
... more
0 votes 6 answers Share Flag
Fri Feb 15, 2013
Mitchell Feldman answered:
Dear Ciaobella2478:

There are some but the vast majority require 20% down. Your best bet would be to work with a real estate agent who specializes in co-ops who can tell you about all the co-ops, in the area, actively on the market now... that would accept an offer with 10-15% down. If you like you can also contact me and I can help you. Good luck!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 5 answers Share Flag
Fri Feb 15, 2013
Mitchell Feldman answered:
Dear Phaley:

The co-op market on Shore Road is quite brisk right now. With one bedrooms you get a lot of bang for your buck in a great location! If you need help finidng a place feel free to contact me, I would love the opportunity to help you. Good luck!

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
... more
0 votes 10 answers Share Flag
Wed Jul 4, 2012
Luke Constantino answered:
There are quite a few of them in various places at different prices. Email me for a list of them


lukeconstantino@gmail.com


Luke Constantino
Commercial | Residential
REMAX PARK SLOPE
Direct: (212) 300-3919
... more
0 votes 9 answers Share Flag
Fri Jul 13, 2012
Julie Thum answered:
Hello. Ron. If you have not engaged the services of a real estate agent or broker to represent you, then you are at a disadvantage, as they would obviously have been able to run comps for you & advise you as to whether or not your offer was too high or too low. The question you asked can not be answered without having information such as the address & condition. As a real estate professional in the industry for almost 25 years, I would advise you to look at the Zillow "zestimate" as a guide since you appear to be doing this on your own. Good luck to you. Julie Thum, RE/MAX Metro ... more
0 votes 16 answers Share Flag
Thu Apr 19, 2012
Anna M Brocco answered:
If looking to buy, do consider working with an agent of your own, he/she can provide suitable listings, comps--recently sold similar properties in the immediate area, any necessary information, schedule showings, etc.; your agent will be your best guide. 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. ... more
0 votes 7 answers Share Flag
Mon Jun 25, 2012
Anna M Brocco answered:
Unfortunately none of us can answer with accuracy, as none of us knows for sure where taxes will head--consider contacting your local tax assessor's office with the question.
0 votes 3 answers Share Flag
Tue Jul 10, 2012
Ralph Windschuh answered:
You really need to speak with a qualified and trustworthy mortgage broker or bank loan officer. It will depend on your income and current level of expenses. If I can assist you when you're ready to look at houses, please feel free to contact me. Good luck and congratulations!

Ralph Windschuh
Certified Buyer Representative
Century 21 Princeton Properties
631-467-0009
rwindschuh@c21princetonproperties.com
... more
0 votes 11 answers Share Flag
Thu Jun 17, 2010
Anna M Brocco answered:
It's a personal decision, based on the type of ownership that is most appealing to you. Generally, the traditional housing co-op involves the formation of a corporation for the purpose of acquiring title to a multi-unit building and, in turn, leasing individual units (apartments) to the shareholders of the corporation; whereas condominium ownership involves acquiring title to individual apartments or units. In fact, condominium ownership is, for most practical purposes, only one form of cooperative housing and, like the co-op, must include provisions for management and maintenance of the building(s) and common areas, usually dictated by an elected Board of Managers, in the case of a condominium, and a Board of Directors in the case of a co-op. The condo advantage of individual unit ownership can be compared to the benefit of being able to choose your neighbors in a co-op setting, where the application process is very often quite selective. In the sale of a condo, once a price is agreed upon, the deal is done; whereas the sale of a co-op requires approval by the Board of Directors—which can be (and often is) withheld based upon arbitrary selection criteria—with no recourse to the buyer or seller if the sale is not approved.
Co-op ownership represents an interest (i.e. stock) in realty; “condo” ownership is actual ownership of realty. Price differences reflect demographic and geographic distinctions. You decide what’s best for you.
... more
0 votes 0 Answers Share Flag
Sat Jun 19, 2010
Kathleen Lordbock answered:
I am not sure why you are asking this question on Trulia- get a hold of your agent and get busy.
0 votes 9 answers Share Flag
Sun Apr 18, 2010
Charles D'Alessandro Sr answered:
Fri Nov 6, 2009
Anthony Marra answered:
Call me and i will definately find it for you.

Anthony Marra- E-Pro, SFR
Lisenced Realtor/Notary
Blue Key Real Estate Brokerage, Inc.
546 Third Avenue, Second Floor
Brooklyn, NY 11215
mobile: 917-478-2368
office: 718-788-2954
fax: 718-788-2564
anthonymarra718@gmail.com
anthonymarra.listingbook.com
anthonymarra1.point2agent.com
www.BlueKeyRealEstate.com
... more
0 votes 1 answer Share Flag
Fri Oct 16, 2009
Carrie Roberts answered:
Hello StellasMom,

If you do not live in the home that is co-owned with your parents, you may be entitled to the 1st time homeowner tax credit, however, I suggest you check with your CPA or tax advisor. Best of luck.

Carrie Roberts
Michael Saunders & Company
Sarasota, FL
941-539-3407
... more
0 votes 2 answers Share Flag
Fri Sep 28, 2012
Patrick Thies answered:
You can sit down with a lender and get preliminary information on what you can afford without any commitment to the lender. They will be happy to go over it with you and let you know exactly where you stand.

No one really knows what the market is going to do. There are great opportunities out there right now and interest rates are low. Anything can happen at any given time. Is the market going to shoot up anytime soon? Probably not. Is it going to go down a great deal yet? No one really knows. Trends tell us what we can expect the market to do, however, this is an unprecedented market. We have not seen a market like this before. There definitely are better buying opportunities out there now than a few years ago, but as far as what is to come only time will tell.
... more
0 votes 6 answers Share Flag
Mon Feb 8, 2010
Joseph Runfola answered:
The median sales price for homes in Bay Ridge & Fort Hamilton for Jun 09 to Aug 09 was $667,500. This represents an increase of 12.7%, or $75,000, compared to the prior quarter and a decrease of 8% compared to the prior year. Sales prices have appreciated 15.1% over the last 5 years in Bay Ridge & Fort Hamilton, Brooklyn.

The median sales price of $667,500 for Bay Ridge & Fort Hamilton is 28.99% higher than the median sales price for Brooklyn NY. Average listing price for homes on Trulia in Bay Ridge & Fort Hamilton was $452,467 for the week ending Sep 09, which represents an increase of 1.1%, or $5,069 compared to the prior week and a decline of 0.1%, or $656, compared to the week ending Aug 19. Average price per square foot for homes in Bay Ridge & Fort Hamilton was $341 in the most recent quarter, which is 14.81% higher than the average price per square foot for homes in Brooklyn.
... more
0 votes 4 answers Share Flag
Mon Jun 30, 2008
Pascual Paul Tarrats answered:
You can check with City Hall and they might have the records. However, you should base your offer price on todays market and what similar properties are selling for. Some stocks sold for pennies years back, but now cost much, much more. Market value today should be your main focus. ... more
0 votes 4 answers Share Flag
Wed Jul 2, 2008
Michael Ceparano answered:
Are you working with a Realtor? If so, ask for the most recent sales (6 months) with upgrade list and details, this is FREE. Even safer, get the appraiser over there ASAP, who you will need anyway, and get yourself a real solid number, this will cost you maybe $300-$400. Listen to your gut ... more
0 votes 4 answers Share Flag
Tue Jun 19, 2012
Henry Cunalata answered:
June it depends on the seller's motivation, if he NEEDS to sell, he will negotiate until it is sold. If the seller WANTS to sell but does not have to sell, then you will face an uphill battle. Just offer that most you can and provide as much documentation (credit report, w2's, bank statement) to make your offer stronger.

Good Luck

Henry
917-497-0729

www.QueensLIRealtor.com
... more
0 votes 3 answers Share Flag
Sat Apr 12, 2008
Caesar Galindo answered:
Hey Keno,

I really do not understand your questions, what exactly do you mean transition off post. But if you mean that you are a soldier looking to buy your first home, it is rather simple. I would like to know more of what exactly do you want to do before I give you any answer, I dont want to give you information that will not help you. YOu can contact me via email at Cgalindo@prosperityREg.com ... more
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