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Buffalo : Real Estate Advice

  • All544
  • Local Info45
  • Home Buying245
  • Home Selling31
  • Market Conditions11

Activity 402
Fri May 10, 2013
Alison Hillman answered:
Hi there-

You can learn more about local crime here: http://www.trulia.com/real_estate/Buffalo-New_York/crime/

Ali, Community manager
0 votes 2 answers Share Flag
Sat Apr 6, 2013
Anna M Brocco answered:
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, therefore visit with any licensed loan officer. Costs will depend on the type of loan, and he/she can provide a good faith estimate; FHA loans require a minimum of 3.5% down. ... more
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Sun Apr 7, 2013
Kathleen Haggerty answered:
This is dependent on your credit rating and whether you are purchasing a property for investment or to occupy. Generally, downpayment would be 5-10% and closing costs another 5-10%, often times those who are purchasing a primary residence finance their closing costs. ... more
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Thu Apr 17, 2014
Tammy Moore answered:
Because Pit bulls are on the band list insurance companies will not insure a renter for this breed. There are several dogs unfortunately on this band list so you may want to look into it. ... more
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Tue May 28, 2013
Craig Johnson answered:
My name is Craig Johnson,

We have properties at that price point if you are interested. Are you looking for cash flow or are you looking to live there?

How many bedrooms? Bathrooms? Specific location.

Shoot me a email and I will help you with your search

ansoninvestment1@gmail.com

or call 716-374-5969
... more
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Thu May 2, 2013
Christine Greiner answered:
This could be difficult to find in Buffalo in this economic climate. However, there may be other options for third-party lenders. Give me a call, I would be happy to discuss with you! 716-480-8463 ... more
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Mon Mar 18, 2013
Keith Jean-Pierre answered:
It depends on your location, I would suggest speaking with an appraiser.
0 votes 0 Answers Share Flag
Tue Mar 19, 2013
Jacques Ambron answered:
A garage can add a lot of value. You should ask a local agent to give you a specific idea of value amount for your neighborhood
0 votes 1 answer Share Flag
Sat May 25, 2013
jessepeffer answered:
Clarence & Williamsville are geat surban towns just outside of Buffalo. Both have quite neighborhoods, but close to shopping. Clarence has the lower taxes of the two towns.
0 votes 4 answers Share Flag
Thu May 16, 2013
Anna M Brocco answered:
Contact a few local real estate companies and ask...
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Mon Feb 25, 2013
Anna M Brocco answered:
Why not simply work with an agent of your own; if purchasing with a mortgage, 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
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Thu Feb 21, 2013
miriam treger answered:
finding a buyer is 25% of the transaction - getting it closed is 75% of the knowledge and energies need to bring so many people together on your behalf. as a REALTOR, i would suggest representation. your expertise may allow you and your legal advisor to facilitate the transaction; bringing together the other attorney, buyer, home inspector, bank, appraiser and any other inspections necessary. you can also order an appraisal to start the negotiation process. ... more
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Sun Jun 9, 2013
Craig Wheeler answered:
It may take a few months Jeanette for you to see the payments reflect on your credit report and score. Have you contacted a mortgage broker yet? They should be able to give you a good idea if you can be Pre-Qualified for a home purchase. Also checkout Homefront in Western New York works in conjunction with First Niagara and M & T Bank. They have a first time home club that match's your deposits if you stay in the program. If you complete it they match it at 4 to 1 margin. It all goes to your closing cost's. The program can vary from 10-12 month's, in case you were looking to move quickly.

I also included a link for Homefront for you to check out. If you have any questions feel free to contact me.

Thanks
Craig Wheeler
Licensed Real Estate Associate
Keller Williams Realty
... more
0 votes 3 answers Share Flag
Thu Feb 21, 2013
Dan Tabit answered:
nini,
Congratulations on paying off your credit cards! I don't think anyone can put a time frame on your question, but I can tell you how to speed up the process.
First, don't close any accounts. Sometimes people believe that by closing an account once it's paid for that will help, but the opposite is true. Closing accounts limit your available credit and will lower your scores.
Next, continue to use your credit, but only for items you would otherwise pay cash for and pay them off every month. Credit is like a muscle, it must be used to get stronger. If you put the cards in a drawer and forget about them, little will happen to help you.
Pay everyone on time or early. One of the worst things you can do while trying to improve your scores is to have new late payments. If you need to set up auto pay with your bank, just don't forget to pay off the cards every month.
Next, save up all the money you can. Down payment and reserves (money left over after the down payment) goes a long way to get a loan approved. If someone is barely scraping by month to month, it only takes a couple of bad events to wipe out all your progress. Cars need maintenance & repairs, people get sick and miss work and run up medical bills, surprises are only surprises if we don't plan for them. By saving some money you will be prepared for that rainy day and if it never comes, you'll have a nice down payment for when you are ready.
Getting your credit scores (there are 3, banks use the middle one) is only one aspect of being ready to buy a house. Down payment and reserves are another but job stability is huge.
The longer you can stay with an employer the better it will look. If you do change jobs, the best thing is to stay in the same field and get paid more in the process. If you change to any position that has bonus or commission income, this will not count right away. Banks want to see up to a 2 year history of earnings before they will rely on this income.
I hope this has been helpful. Continue to do the right things and you may get qualified sooner than you think. Meeting with a local lender as the time nears, even before you are ready would be another good step to measure your progress and fine tune your steps.
... more
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Wed Jan 30, 2013
Tammy Benkwitt answered:
You need to speak with the tenant directly and find out why they are not paying the rent. I am finding it curious that the property manager you presumably hired to collect rent is not sharing this important information with you on a timely basis. Call the tenant first and find out. Then consider getting some advice from an attorney. Your lease needs to be reviewed and the lawyer can advise a prudent course of action.

Best wishes,
... more
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Mon Aug 3, 2015
Gregory answered:
The loan payment should say 0 dollars for 3 years.
0 votes 6 answers Share Flag
Sun Feb 22, 2015
Robert & Lisa Measer answered:
Hi it all depends on what you can afford. First time home buyers tend to start in Kenmore/Tonawanda, Amherst/Snyder area, Cheektowaga. Do you know what you can afford? Have you looked at any homes you might be interested it? A Realtor can guide you in the right steps in finding a home that is in a good neighborhood for a small family.

Read this
http://www.realestatewny.com/how-can-a-real-estate-agent-help-first-time-homebuyers/

Email me ( rob.measer@huntrealestate.com ) to discuss further.
... more
0 votes 5 answers Share Flag
Wed Dec 12, 2012
Sarah Jaskowski answered:
Happy to help! Been looking to start a partnership with an investor. Feel free to email me any time wnyrehome@gmail.com

Sarah Jaskowski
Keller Williams Realty
O: 716-832-3300
C: 716-867-3953 ... more
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Sun Oct 27, 2013
Anna M Brocco answered:
The question is subjective, therefore if unfamiliar with the neighborhood take the time and revisit areas of interest more than once and at different times of day; then determine where your level of comfort can be reached... ... more
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Sun Nov 25, 2012
Christopher Pagli answered:
Hi, You can have a local real estate agent pull the trends for the past few years to get the most accurate home values. As for crime and demographics you can visit www.HomeFair.com and click on the city reports section or visit www.SpotCrime.com.

Chris
... more
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