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Flatbush - Ditmas Park : Real Estate Advice

  • All59
  • Local Info9
  • Home Buying24
  • Home Selling0
  • Market Conditions6

Activity 15
Mon Feb 11, 2013
The Stephen FitzMaurice Team answered:
You can refinance, short sale, or walk away and let the home foreclosure. Refinance is best if possible, and then short sale. Foreclosure is the worst.
0 votes 1 answer Share Flag
Sat Jun 22, 2013
Alison Hillman answered:
Hi Kathy-

You can read their recommendations and explore a listing of Brooklyn agents here: http://www.trulia.com/voices/directory/Flatbush_Ditmas_Park-agent--85223

Hope this helps,

Ali, Community Manager
... more
0 votes 9 answers Share Flag
Fri Jan 29, 2016
Anna M Brocco answered:
For an accurate picture of costs, contact a few local contractors and ask for free estimates; then go from there.
0 votes 7 answers Share Flag
Mon Jan 14, 2013
Jenet Levy answered:
Hi, liljmack.
The best way to ascertain safety of a neighborhood is to check with the local police precinct for crime stats.
0 votes 7 answers Share Flag
Tue Aug 20, 2013
Luke Constantino answered:
I have acceess to rentals all over brooklyn. Give me a call!
212 300 3919


Luke Constantino
Commercial | Residential
REMAX PARK SLOPE
Direct: (212) 300-3919
0 votes 4 answers Share Flag
Sat Dec 17, 2011
Ahmed Hassan answered:
Sun Mar 10, 2013
Vincent Agri answered:
If you were to look at many development sites that didn't make sense and present that same argument, you would most likely kick yourself for not being smart enough to get in on them when the prices were good. I agree that $500k - $1M seems outrageous for condos in most areas, take a look at the Meat packing district in Manhattan. This was once an area littered with drugs, prostitutes and meat processing plants and abandoned buildings. An area that was both, unattractive and unsafe. That particular area is now one of the most sort after areas in Manhattan for developers, business owners and residents. When it first developed, did you also wonder, how could they get the prices they want for this horrible area. Well that investment less than 10 years ago would have doubled to tripled your investment as a purchase and as a rental income property probably would have been a major contributor to your retirement portfolio. Maybe you need to join Real Estate for Thinkers, (Google it) and readjust your thinking about Real Estate investing. ... more
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Tue Dec 27, 2011
Jack Menashe answered:
The time to buy is now. Rates & prices are great. Don't worry about buying at the bottom - just make sure the #'s are right. If you like the location, home and $ makes sense its the right time. Browse site for some exclusives, call or email for other help w/multiple listings.

Regards,

Jack Menashe
917.797.0215
www.SHERestates.com
... more
0 votes 7 answers Share Flag
Wed Feb 2, 2011
Bobbie Wagner Persky answered:
There is a Stratford Ave in Pasadena, and a Stratford St in Houston.
0 votes 4 answers Share Flag
Sat Oct 30, 2010
Corey Wasserman answered:
Dear Slk,

There is no exact answer and this also depends on your non cash assets. If you have stocks, bonds, retirement accounts, etc this all counts towards your "reserves". If you meet or exceed the income requirements and have over $10,000 in reserves I think you should be just fine.

Thank you
Corey Wasserman, Associate Broker
Bergen Basin Realty
718-763-4110
... more
0 votes 8 answers Share Flag
Tue Dec 27, 2011
David Chiles answered:
Yes, all good answers benefit the real estate community whether the answer is good news or bad.
0 votes 22 answers Share Flag
Sat Oct 31, 2009
Joseph Runfola answered:
Try this web site http://schools.nyc.gov./default.aspx
0 votes 0 Answers Share Flag
Sun Oct 9, 2011
Barbara Ann Rogers answered:
What size apartment are you looking for? How much do you want to spend? I have 2 bedroom, 2 bath apartments available in a doorman buildng with parking on that stretch of Ocean Parkway for $499K - $624K and one bedrooms for $339K - $411K. Non doorman (but with elevator and live-in super), non-parking much less. ... more
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Wed Nov 25, 2009
Gail Gladstone answered:
If you are working with a Realtor, ask him/her to let you know if there are any signficant differences in the properties.

I lovingly call a listing price a wish list...if it is not based on recently sold comps in the immediate area (3-4 months) it is often a price the seller hopes to achieve. ... more
0 votes 11 answers Share Flag
Wed Jan 23, 2008
Pierre Calzadilla answered:
Prices for single family, detached homes are very "sticky" they are a high-deman property in Brooklyn and are not usually a hard sell unless the price is too high, or the home needs too much work. I would not necessarily sit around and wait, as much as get out there, look at homes, see how long they have been on the market - and make offers. Do not feel bad about making a "low" offer, you may be surprised what you will find out, you also may start negotiating to a price that works.

To sit here and try to forecast prices dropping is akin to being a fortune teller, you have a 50% chance of being right - and wrong. you cannot "time" your purchase, you just do your best to make an educated buying decision that fits with YOUR financial situation. If those things line up - that is when you should buy.
... more
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