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Home Buying in Fresh Meadows : Real Estate Advice

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  • Home Buying4
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Activity 2
Tue May 28, 2013
Shai Megiddo answered:
Hi Thinker,
Most of the condo's in Hillcrest estates are new. Either new construction or built within the last 5-7 years.
As such there is not much "history"
The calculation that you need to make is if the proposed rent for the unit will cover the expenses (mortgage+tax+insurance).

Shai Megiddo
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Wed Apr 24, 2013
Gino Silvestri answered:
The first thing you should do is go to your local bank and speak to a representative who is knowledgeable about the local market where you wish to purchase a home. They should be able to guide you through the process by first analizing your finances and telling you how much of a house you can buy. This is a great time to purchase a home and there is a credit from the government of $7500 for first time home buyers.
You can call me anytime with questions.
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