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Middle Island : Real Estate Advice

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  • Local Info2
  • Home Buying6
  • Home Selling1
  • Market Conditions1

Activity 11
Tue Jan 29, 2013
Michael Richman answered:
Hi Emilia,

Not only do banks rarely lend more than 80% of the appraised value or contract price, whichever is less, but every coop requires at least 20% downpayment. Many coops require 25% or more. You also need excellent credit, income that will support your monthly housing and living expenses as well as sufficient liquid financial assets available to you after paying the downpayment and closing closing costs to cover all of your expenses for at least 1 year and probably 2 years.

Michael Richman
Licensed Real Estate Associate Broker
450 7th Ave Suite 1501
New York, N.Y. 10123
Off: 212-757-8268 x 220
Cell: 917-991-2528
Fax: 212-239-4538
... more
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Wed Mar 13, 2013
Gail Gladstone answered:

The "home" that you have hyper-linked to is a co-op - 1 bedroom. If you are interested, I or one of my agents would be delighted to help you find a new home. And yes, the price is correct.
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Thu Oct 25, 2012
Anna M Brocco answered:
The property is not appearing on MLS as available....check for available properties...
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Tue Oct 23, 2012
Javier Meneses answered:
Hello Arlena. I can give you the information to a Realtor in that area who specializes in short sales and foreclosures. She's very knowledgable. If you'd like, message me and I'll send you her information. I'm very sure she can help you.

Javier Meneses
NMLS #23130
Senior Loan Officer
Sterling National Bank
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Wed Oct 10, 2012
R Wright answered:
17 Wilson Avenue is not showing up on the foreclosure list. In the future, you can check the foreclosure status of any property FREE here,
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Tue Oct 9, 2012
Anna M Brocco answered:
A short sale may be an option; however do consider consulting with an attorney beforehand; also choose an agent to work with.....
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Tue Jul 10, 2012
Thomas Brady answered:
Here is a link to Catholic Churches in Suffolk County NY.

Here is a link to Catholic Churches in Nassau County:

I hope that helps.
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
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Thu Apr 26, 2012
Anna M Brocco answered:
Are there any other neighbors with similar complaints, if so are they reporting the occurances as well; you may wish to personally visit the local police department and see what suggestions they may have..... ... more
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Thu Oct 28, 2010
Donna Lomenzo answered:

The only way to know for sure is to present your offer to the seller. But I must say more than likely a seller will not agree to hold the home for you. Speak to your lending institution and see if they can offer you a different approach to be ready now. I wish you the best of luck...and once again you won't know until you ask. If you are working with a buyers agent ask them to present your package.

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Sun Jan 31, 2010
Donna Lomenzo answered:
Commissions are agreed upon in the beginning of a relationship. There is no set amount. If the realtor has an agreement with the builder, it would not matter if you go directly to the builder. The builder would still be obligated to pay the Realtor. ... more
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Thu Jan 21, 2010
Sean Dawes answered:

Dont focus so much on list price but rather what the home is truely worth.

Are you using a realtor to help you? They would be able to look up comps and give you an idea of what it should appraise for. Then you could make your offer based on that info.

Sean Dawes
... more
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