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Home Buying in Long Island City : Real Estate Advice

  • All62
  • Local Info8
  • Home Buying25
  • Home Selling4
  • Market Conditions1

Activity 15
Mon Sep 15, 2014
Rolando Fana answered:
Hello Daniel are looking to purchase in LIC? I would love to help you email me.
0 votes 11 answers Share Flag
Wed Feb 13, 2013
Ron Thomas answered:
Don't you think that this would a good question for Wells Fargo?
I am not authorized to speak on their behalf.
0 votes 7 answers Share Flag
Tue Sep 18, 2012
Helen asked:
Sun Sep 16, 2012
Craig Zappin answered:
Are you wanting to know about open houses today?
0 votes 8 answers Share Flag
Mon Jul 16, 2012
Anna M Brocco answered:
See link below for helpful information; contact any licensed loan officer...
0 votes 2 answers Share Flag
Wed Apr 17, 2013
Anna M Brocco answered:
Bank fees may vary, therefore shop around and visit with any loan officer; if you need recommendations feel free to contact me directly.
0 votes 4 answers Share Flag
Mon Jun 3, 2013
Cynthia Bell answered:
I would check with the Long Island Board of Realtors

In Texas, a sellers (listing agent) can not tell the buyer they can't use a buyers agent. But each state, board has their own rules. ... more
0 votes 27 answers Share Flag
Tue Aug 7, 2012
Anna M Brocco answered:
Choose your agent with care--interview a few agents from different realty companies, then choose the one you like best-- ask about scheduling around your needs, who will choose the properties to be seen, can you expect updates on new listings and recently sold properties, and how often will communication occur, etc. Ask about current sales in your areas of interest, negotiating strategies, etc. Buyers should 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. If you need assistance, feel free to contact me directly. ... more
0 votes 6 answers Share Flag
Mon Aug 23, 2010
Sarah Padgett answered:
You will need to talk to the title company that is doing the paperwork for you. There are usually attorney fees, doc prep fess, courier fess etc. They should provide you with an estimated (HUD-1) closing document that outlines all fees. Best Wishes!

Sarah Padgett
Century 21 Judge Fite Company
... more
0 votes 2 answers Share Flag
Thu Feb 24, 2011
Nirmala Caraballo answered:
Dear Arash

Since you already have the cash and once you are preapproved any of those areas would be a great place to begin looking. Each of them offer a very lucrative rental market and a potential for you to have a great return on your investment.

I would strongly recommend that to hire an agent to assist you with your search.

Best of luck.

Nirmala Caraballo
Licensed Real Estate Agent
Cruse Realty
Tel.: 646-479-7873
... more
0 votes 5 answers Share Flag
Fri Jun 3, 2011
Ralph Windschuh answered:
Hey Mike,
You know, before your question, I never heard of a "family opportunity mortgage", so thanks for your question because I just did some research and educated myself. It seems you can try Chase (if they still do it, they had a press release on line from 2007 and with the recent problems getting mortgages ...) But it seems that you take out the loan according to your credit score but that your mom's income (benefits) would have to cover it. Good luck!

Ralph Windschuh
Century 21 Princeton Properties
... more
0 votes 2 answers Share Flag
Sat Jul 31, 2010
Anna M Brocco answered:
Your attorney can advise you best, and it appears that you already asked him/her the question, and that you are being advised to close only upon title clearance--therefore, listen to your attorney--not knowing all the details nor how much money is involved--is the seller planning on paying off the lein at closing I wonder--either way your attorney can best advise you as to how to proceed, terminating the contract, etc. ... more
0 votes 1 answer Share Flag
Fri Oct 16, 2009
Robin Silverberg answered:
When you negotiated the price on the unit, did they disclose to you anything about closing costs? If you were given a copy of their offering plan to look through, which would contain this information, then I would say that you most likely will not be able to negotiate. The offering plan is generally in the form of a soft cover book, and is rather lengthy, so you may not have even read it if you were given it for review. If, however, the selling agent did not give that document to you, and did not disclose to you the costs that you would have to bear, I would say that in this market, you could still negotiate. I don't think that a selling agent should expect you to know that a buyer is typically required to pay the NY State and City tranfer taxes for the seller on new construction, plus additional costs for attorney fees, sewer hook-ups, you name it, it could be in that document.
Keep in mind, you have not signed a contract yet, so anything can be worked out.
... more
0 votes 3 answers Share Flag
Tue Feb 9, 2010
Anu Dutta answered:
You might be able to find in , I have just closed a deal , please let me know if you are still considering about buying a place in the View
0 votes 0 Answers Share Flag
Thu Apr 18, 2013
Julie Rees answered:
Finding a loan for a condo in which the community is predominantly tenant occupied may be difficult. Most lenders require that a certain percentage of the complex be owner occupied (more owners than tenants). Keep in mind, even if you are purchasing this condo using all cash (no loan contingency), when you go to sell it, a potential buyer will face the same challange you face now - owner vs. tenant occupancy and lendability.
Julie Rees
Coldwell Banker - Folsom, CA
(916) 622-7337
... more
0 votes 2 answers Share Flag
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