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Forest Hills : Real Estate Advice

  • All91
  • Local Info2
  • Home Buying34
  • Home Selling6
  • Market Conditions5

Activity 76
Wed Jul 4, 2012
Thomas Brady answered:
Try these links. Hopefully it helps.

http://www.ehow.com/how_7927958_calculate-townhouse-queens-new-york.html

http://www.commercialobserver.com/2011/02/the-madness-of-city-property-taxes/

http://www.nyc.gov/html/dof/html/property/property_val_glossary.shtml

http://www.nyc.gov/html/dof/html/property/property_val_assessment.shtml

Tom Brady SFR, e-PRO, SRES GREEN BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
631-682-8660
Tom@BradyFamilyRealty.com
www.BradyFamilyRealty.com
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
... more
0 votes 2 answers Share Flag
Fri Jul 27, 2012
Arik Malakov answered:
Sun Jun 17, 2012
Anna M Brocco answered:
Depending on the extent of the renovation, check with management beforehand for any rules/regulations. As for costs, contact a few local licensed contractors and ask for free estimates based on your needs... ... more
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Mon Aug 6, 2012
Anna M Brocco answered:
See link below for helpful information....
http://www.nyc.gov/html/dob/html/contact/contact.shtml
0 votes 6 answers Share Flag
Tue Nov 27, 2012
Anna M Brocco answered:
Consider working with an agent of your own who can provide any necessary information, or visit the county's public records department; keep in mind that last sold value, really has no bearing on today's market, rather review recently sold similar properties in the immediate area. ... more
0 votes 7 answers Share Flag
Thu Jun 7, 2012
Maureen Mizuno answered:
You as the buyer have complete flexibility as far as materials or even the desired work to be done. the only factor is you have to financially qualify for the amount of the loan.
0 votes 8 answers Share Flag
Thu Jun 7, 2012
Anna M Brocco answered:
Do you currently hold a mortgage and will you be purchasing with a mortgage; if so will you qualify for the mortgage, will you be able to carry the expenses on both until your unit is sold, if purchasing another co-op will you meet board's financial requirement, etc. 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 begin by visiting with any licensed loan officer, and go from there.... ... more
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Mon May 14, 2012
Anna M Brocco answered:
Since no link is visible, check www.mlsli.com if you need additional assistance feel free to contact me directly.
0 votes 3 answers Share Flag
Fri May 25, 2012
Annette Levinson answered:
The only savings in buying a coop vs a condo or SFR is that there is no mortgage tax on a coop.
0 votes 1 answer Share Flag
Thu Jun 21, 2012
Mike Stawizky answered:
Hello,
My experience with co ops are your better off borrowing the money to show intent and also so you won't have to go through the process of explaining where the funds came from. Always better to show that you've been able to save money, Have a Great Day!

Best Regards,
Mike Stawizky
Keller Williams Realty
Commerce Market Center
(248) 980-4406
moveinnow.org
findahomemike@gmail.com
Visit us on trulia.com
... more
0 votes 6 answers Share Flag
Mon Sep 24, 2012
Roland Vinyard answered:
That varies widely. Our firm hardly loses any, a couple a year at the most. Other firms may lose 30% ( just a guess).
0 votes 5 answers Share Flag
Fri Feb 24, 2012
Sally Grenier answered:
I've never seen this. Frankly, it just seems like a waste of money! Your agent will do a CMA which should give you a very good idea of the value of the home you're interested in. And it's FREE! Besides appraisals aren't always accurate. What happens if you get an appraisal, and it comes in low? Is that a good thing or a bad thing? Are you going to make a low offer based on a low appraisal? What if it comes back high? I guess I'm confused as to what you're trying to achieve. Trust your REALTOR. ... more
0 votes 6 answers Share Flag
Wed May 22, 2013
Anna M Brocco answered:
See links for helpful information...
http://www.appraisers.org/FindanAppraiser/FAASearch.aspx
http://appraisers.com/usa/new_york/queens
http://www.triplea-appraisals.com/
0 votes 2 answers Share Flag
Tue Jul 10, 2012
Anna M Brocco answered:
Consider asking management when was the last time the property was treated and how often is it treated professionally--not aware of any sites that would provide such information.
0 votes 3 answers Share Flag
Thu Feb 16, 2012
Michael Emery answered:
I'm a big fan of the television series 'This Old House' and as the series is filmed around Boston MA they are quite often fixing up old houses from the 1700s!.

Personally I would prefer a home built prior to WW2 as they tend to have more character and detail that you can't find in newer homes. Plus they were built a whole lot better. If a home has been properly maintained there is no reason NOT to buy a 1920s home.

And as always, get it professionally inspected as part of your purchase.
... more
0 votes 9 answers Share Flag
Thu Jan 26, 2012
Abu Musa answered:
You may talk to your real estate agent. They know the professional Home inspector because agent work with them.
0 votes 5 answers Share Flag
Wed Apr 25, 2012
Ron Thomas answered:
First of all, the Seller may have instructed him to hold all Offers for the first 7-10 days.
Secondly, The Agent is certainly allowed to hold Open Houses, anytime.
Thirdly, why don�39;t you have your own Agent representing you?

Good luck and may God bless
... more
0 votes 8 answers Share Flag
Sun Jan 15, 2012
Belal Mohd answered:
Hello Lee,
In most cases owning beats rental. Mortgage rates being historically low is also favorable to buy. Your credit ratin is excellent. I am hoping you don't have much of a debt either. You can probably put a higher than 20% down payment as well. All things considered, you will qualify for most Coops even though you are retired. You can also buy Sponsor or Unsold Share Coops which DO NOT require Board Approval. You have many options. However, your whole picture needs to be evaluated. Myself or any other experienced Agents can help you do that. Feel free to contact me. There is no obligation. Thank you.
- Belal
belal1@juno.com
... more
0 votes 5 answers Share Flag
Sun Nov 27, 2011
Belal Mohd answered:
Well, it seems you are approved by the Board, cleared by the lender (or you are buying all cash) and the sellers are not ready. I hope you have an Agent and a Lawyer. Real Estate transaction is meant to be a "Happy Ending" for all the parties, not a bitter fight. R E Agent could be the peace maker here. Your Agent (or you, if you don't have one) need to step in. Find out why the sellers are not ready. May be they are buying another property and that closing is delayed. Or they got a higher offer which, of course, you should verify. Whatever it is, your Agent should try to resolve it. If nothing works, your Lawyer should advise you the best course of action. Keep in mind, litigation always costs money. You have to decide if it is worth it. Or just cancel the deal and get your money back. Hope you have a "Happy Ending".
- Belal
belal1@juno.com
... more
0 votes 6 answers Share Flag
Tue Jul 10, 2012
Anna M Brocco answered:
Since real estate professionals are prohibited from steering, enticing a buyer to purchase/rent, or not, in specific neighborhoods, if unfamiliar with the area, do revisit more than once and at different times of day; possibly chat with locals/neighbors, check out shops, dine at local eateries, drive around, etc., then make your determination, will your comfort level be reached; if you need assistance feel free to contact me directly. ... more
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