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Brooklyn : Real Estate Advice

  • All323
  • Local Info56
  • Home Buying117
  • Home Selling12
  • Market Conditions13

Activity 155
Thu Aug 28, 2008
Elizabeth Blair answered:
Talk to your friends, family and co-workers. Find out who helped them buy a home. Call a few agents and make appointments. Pick the agent you feel the most comfortable with. It is a fun, yet can be a stressful time and you want to work with someone you are most at ease with. ... more
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Sun Aug 24, 2008
Diana Kay asked:
I can easily afford something around 200K, but I don't know if there is likely to be anything available in this price range. My salary is 75k, my credit is excellent, and I plan on putt...
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Sat Aug 23, 2008
Scott Godzyk answered:
Your best bet is to check with a local trusted mortgage broker, stay away from the internet companies. You can also check your state agency listings for your state housing finance authority who will offer these to the residents of your state. Good luck with your search Mike. ... more
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Sat Aug 23, 2008
Art Hotes answered:
There are options, but thanks to our elected officials Zero Down programs are going away at the end of September. If a program like that is of interest to you, you need to be under contract by then!

Please let me know if you need any help!!

Art Hotes ~ RE/MAX Classic
Serving Northeastern Ohio
... more
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Wed Oct 8, 2008
The Mortgage Bull answered:
Did you pay any money up front to your mortgage broker or bank? For example, have you already paid the 1 point that enabled you to buy down the rate? If so, then they may have a clause they made you sign which said if you back out of the deal the money you paid up front is non-refundable. It's not a common practice right now, but there are still those out there who do that. However, if the rate has already been locked then the loan officer should have been required to disclose to the bank what kind of property it is (one family or two family). If he locked it as a two family and the appraisal comes back as a one family then you will have a very strong case for not moving forward on the transaction - because the terms have now changed and as a result, the original commitment no longer stands. However, if no money was paid up front, there should not be any form of cancellation penalty for you backing out of the deal. ... more
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Thu Aug 7, 2008
Jonathan asked:
i am buying house in broklyn ny first time,does it apply to me?
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Wed Jul 30, 2008
Dallas Texas answered:
Here is a direct link that may assist you with any questions you may have about crime.
http://www.nyc.gov/html/nypd/html/crime_prevention/crime_statistics.shtml
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Fri Jul 25, 2008
Vickie asked:
are there bank foreclose condoscoops for sale in bensonherst or sell by owner?
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Tue Aug 5, 2008
Art Hotes answered:
Nancy,

You should secure your mortgage loan before getting your new job! Assuming that your credit score remains [relatively] the same, you should end up with the approximately the same loan rate.

As long as your end result is the purchase of a home, having a few credit inquiries on your report will not hurt you. Please keep in mind, however, you do not want to be making any large purchases prior to obtaining your mortgage loan - don't buy a car or even furniture! Don't move money around.

Anyhow, I have a section on my website that may be use to you: Home Buying 101. Check it out at the web reference link below.

I hope this helps, and I definitely agree with you to SHOP AROUND for the best rate and lender for YOU! Good luck and let me know if you need Buyer Agent assistance.

Art Hotes ~ RE/MAX Classic
Serving Northeastern Ohio
Art@ArtHotes.com
www.ArtHotes.com
... more
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Tue Aug 5, 2008
Dallas Texas answered:
A real estate agent should be able to pull SOLD listings in the past 6 months in your specified area give your a better idea. http://www.lynn911.com http://www.homes-for-sale-dallas.com ... more
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Tue Aug 5, 2008
David M. Childress answered:
If he has that much money, he must have a good accountant! He should seek his advice. I tend to agree with you as that amount of money could probably be invested better. It also depends on other factors such as how long is he going to live there. ... more
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Sun Jul 6, 2008
Jason Braddock answered:
The situation is there are currently a lot of them! It all depends on your point of view and stand point if they are worth looking into. If you are low income, but have decent credit they are an excellent starter home. If you are an investor looking to flip houses or rent near schools they are great options. If you are looking for good homes, not usually where I would start, but in the higher end neighborhoods maybe. Real Estate is still a stable investment tool. It's a great way to build wealth. ... more
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Tue Aug 5, 2008
Jenet Levy answered:
There are fair housing laws that make it difficult for an ethical real estate agent to answer some aspects of your questions. I can tell you that Park Slope very pricey. Bushwick and Bed-Stuy get you more bang for your buck. ... more
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Sat Jul 5, 2008
Susan Wesely answered:
Yes - I went to another site and found 49 homes in Brooklyn in your price range. I'm not familiar with the neighborhoods - you should find a good local Realtor to be your Buyer Agent. If you need recommendation, please email me at su@suwesely.com. ... more
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Wed Feb 4, 2009
Kareen Belnavis answered:
Try Kings county courthouse; you might find forclosed homes but those up for auction. Other option could be to search county records or a Real Estate attorney dealing in forclosures. Good luck ... more
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Sat Jun 14, 2008
Christina Cavins answered:
Hi Sarah!

This was posted in the Ohio section, so you want to switch it to NY. If you need an excellent Realtor, I know of a great one so please contact me today. Happy house hunting!

Christina Asad Edwards, REALTOR
2006 & 2007 Sales Masters Top Agent
Christina.AsadEdwards@RealLiving.com
www.teamedwards.info
mobile or text 937-205-4741
office 937-573-0082
fax 937-433-3561
Real Living Realty - #1 in OHIO!
Realty, Mortgage, Title, Relocation
... more
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Tue May 20, 2008
Pam Winterbauer answered:
Jay....

You may want to look at a FHA loan or an MCC. Have you lender check on that for you.
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Wed Jul 30, 2008
Barbara Vance answered:
Hi Joshua,

Try getting with a major lender whi is a direct underwriter for FHA. Wells Fargo is one option. Fha allows just a 3 % down payment and your age doesn't matter. Good credit and job stability is what matters most.

Good luck with your house hunting.
... more
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