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Inwood : Real Estate Advice

  • All49
  • Local Info2
  • Home Buying17
  • Home Selling1
  • Market Conditions1

Activity 18
Mon Oct 20, 2014
John Peitler answered:
please contact me. My name is Padmini and I can be reached at 347-903-6736. Thank you and good luck.
0 votes 2 answers Share Flag
Wed Jun 5, 2013
Anna M Brocco answered:
Any local agent/realty office can provide such information...
0 votes 6 answers Share Flag
Fri Jan 11, 2013
Janet Nation, CBR answered:
Can you define your definition of walking away; stragegic default could be considered walking away so what do you mean?
0 votes 5 answers Share Flag
Tue Jan 21, 2014
Elena Ravich, Esq. answered:
This is a big big NO! - as all the agents are probably going to say that. The owners are strongly advised not to be present during showings for various reasons: one of them is that the owners are emotionally attached to their home. They will probably start talking to potential buyers pointing out things that they think are important or good for them but may not be that important or good to the buyers. It is better to leave the showing to a professional, who knows the selling points are and what things they should not point out, etc., and who does not have emotional connection to the house.

I read somewhere that if the owner has to sell but is not happy with this fact they may even unconsciously sabotage the sale, lets say start cooking smelly dishes or say something in front of the sellers that would scare them off. It is really better not to be present at the showing, provided that you are confident and comfortable with your agent.
... more
0 votes 27 answers Share Flag
Sun Nov 25, 2012
Anna M Brocco answered:
See link for helpful information...
0 votes 5 answers Share Flag
Sun Sep 23, 2012
Anna M Brocco answered:
Check local print media for by owner rentals, always verify ownership before exchanging any money; word of mouth, etc.
0 votes 2 answers Share Flag
Fri May 3, 2013
Weichert Realtors House and Home answered:
Hi Mel,

It is going to be very difficult to get financing on a co-op with owner occupancy below 50%. The Fannie Mae guidelines (Which even Wells Fargo and GMAC follow) are very strict about this. It is possible an Independent Investor may be able to help. I wish you the best of luck.

Let Me know if I can be of any more assistance.

609 Kappock Street
Suite 1A
Bronx, NY 10463
(718) 432-5000 (Office)
(718) 432-2091 (Fax)
(917) 974-2600 (Cell)
... more
0 votes 6 answers Share Flag
Fri Mar 23, 2012
Ron Thomas answered:
Your answer COULD be a little more descriptive.
0 votes 3 answers Share Flag
Wed Apr 22, 2015
April Purdy answered:
Just be prepared to offer landlord additional security money.
0 votes 2 answers Share Flag
Sun Jan 29, 2012
Anna M Brocco answered:
As for your credit, much will depend on the individual landlord, therefore do be upfront regarding your credit; be prepared to show proof of employment/pay stubs, possibly have some letters of reference handy, etc. For available rentals, check with local realty offices, or work with an agent; check local print media for by owner rentals, always verify ownership before exchanging any money; word of mouth, etc. ... more
0 votes 2 answers Share Flag
Fri May 10, 2013
Tiziana answered:
be ready to have a guarantor or to pay extra money.
0 votes 5 answers Share Flag
Wed Jul 21, 2010
Pascual Paul Tarrats answered:
Interest Rates are different for buyers depending on their Fico scores (credit scores) Buyers with better scores get better rates.
0 votes 11 answers Share Flag
Wed Jul 21, 2010
Patrick Lilly answered:
We just sold two listings on Park Terrace West and they both went in the $325K to $350K price range. So yes, I think it is fair. It is a great neighborhood which most people know little about. Good luck if you decide to go ahead with the purchase. I think you will be happy there. ... more
0 votes 4 answers Share Flag
Fri Apr 25, 2008
Seagreen Real Estate answered:
Request a copy of the latest sold properties in the area.
Also you can visit
if you need help. send me an email.
0 votes 12 answers Share Flag
Sat Feb 5, 2011
Adina Greenberg answered:
Hi Melissa,
I am Adina Greenberg, an associate with Aileen (Thank you Aileen) and not only I work a lot in Washington Heights and Inwood, I live there as well and know the neighborhood as my inside pocket.
Why don't you contact me with your questions at my email address
... more
0 votes 5 answers Share Flag
Fri Nov 30, 2007
Joseph Ferrara, Esq. answered:
The bank will have an appraiser visit the property and he or she will take into account all the factors you list, especially recent comps in the building (best) or nearby comparable co-op building sales. They will also have a copy of the contract of sale. If you are concerned about what the appraisal may be, use an agent or agents to give you a CMA. It won;t cost you anything. Take advantage of their knowledge of recent comps. A broker or agent who does a lot of deals in a particular co-op building will have access to recent comps and fair market value. Sometimes, if you contact the building managing agent, they will be forthcoming with this information. It doesn't hurt to ask. ... more
0 votes 2 answers Share Flag
Sun Jan 13, 2008
ian cockburn answered:
I do not know of programs, but for Manhattan there are still deals out there especially in some of the predominantly Hispanic communities..good food, wonderful people and alot more rent for your money. ... more
0 votes 4 answers Share Flag
Fri Oct 3, 2014
Joseph Ferrara, Esq. answered:
or, if you can, stop by and you'll probably see the sign on the premises
0 votes 6 answers Share Flag
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