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Staten Island : Real Estate Advice

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  • Local Info71
  • Home Buying285
  • Home Selling70
  • Market Conditions30

Activity 458
Tue Jan 1, 2013
Hector and Michelle Mesa answered:
Hi Michelle the typical fee is equal to one month rent and It's normally charge to the renter
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Tue Jan 1, 2013
Anna M Brocco answered:
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Tue Jan 1, 2013
Hector and Michelle Mesa answered:
Hi charleslanza,
the closing cost on a short sale are the same as any other regular sale you could include your closing cost Into the loan amount as long as everything is disclosed at time of offer. ... more
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Thu Jun 13, 2013
allan erps,ABR,SFR answered:
Mon Dec 31, 2012
Michael Cheng answered:
There are no Federal incentives currently, but you can always check with your local city and county housing agencies to see if they have funded any such programs. Usually, those programs offer discounted rates on loans rather than give out credits. ... more
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Tue Jan 1, 2013
Anna M Brocco answered:
Keep in mind that generally a property is worth what the buyer is willing to pay and what the seller agrees to accept, and local market conditions do come to play; as to customization, individual buyer preferences vary, therefore it really depends.... ... more
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Mon Dec 31, 2012
William Knoop answered:
The way you will include the Closing Costs is with a Sellers Concession. The Appraisal will have to be equal to or greater than the Net Purchase Price plus the amount of the concession.

Use your existing cash for the down payment and the concession for the closing costs.

Keep in mind that because of the fear of the home not Appraising for the higher amount very often Sellers will not agree to all of the closing costs being in the concession. You will have to negotiate an amount that you are both comfortable with.

Best regards,
Will Knoop
www.NYSmortgagerates.com
... more
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Thu Jan 3, 2013
Joyce Powers answered:
You should consult with your loan officer regarding all aspects of the mortgage and down payment.
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Fri Dec 14, 2012
Deborah Bracco answered:
Hi,
Just scroll all the way down to the bottom of the listing and you'll see the agent's name, Michelle Branciforte. Fill in the request information box and she will contact you.....
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Fri Dec 7, 2012
Alex Levin answered:
Hello. Money that you were offered as a credit is giving to you after the closing and it cannot be a part of the closing. Unless!!! your Attorney can make a special arrangements with the Seller Attorney and somehow factor the money into the closing costs. In any way, your Attorney should tell you a final figure of your closing costs, not the Mortgage Broker. Also I hope that you were given a Good Faith Estimate of your closing cost ahead of time. You would be aware of the figures. ... more
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Fri Dec 7, 2012
Anna M Brocco answered:
In order to determine a fair offer, review comps with your agent, recently sold similar properties in the immediate area, see what the data suggests and go from there...
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Tue Jan 1, 2013
Deborah Bracco answered:
It's free to post your listing anywhere but its also free to contact a Licensed Real Estate Salesperson who specializes in rentals. Why not call my office at Robert Defalco Realty and have a professional do all the work for you??? Like they say in "Staples", if you want it to be EASY.....Call 718-605-9300! ... more
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Fri Nov 23, 2012
Joseph Runfola answered:
How much would 41 7th Street what? Please rephrase your question so it can be properly answered.
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Tue Mar 26, 2013
Christopher Burdzy answered:
It's plausible that some insurance companies will not be willing to underwrite coverage that close to the water front. Call Cheryl of Mark Lauria and Associates to inquire about coverage: 718-370-7287. ... more
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Sat Nov 17, 2012
Deborah Bracco answered:
I would advise calling 311, tell them your situation and they would guide you to the appropriate agency.
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Sun Nov 11, 2012
Kristen Petino answered:
Hi Roe, If you tell me what neighborhood you are in, and the type of home you have, bedrooms, square footage, etc. I can gladly run comparatives for you and let you know what I think a property should go for. Please feel free to contact me. Have a great day! ... more
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Wed Oct 31, 2012
Joseph Runfola answered:
When a tree or other vegetation intrudes on another's property, the property owner has the right under NY state law to prune the intrusion back to the property line.
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Sun Sep 1, 2013
Anna M Brocco answered:
Was the bankruptcy discharged...keep in mind that when it comes to co-ops, boards do have their own financial requirements that must be met in order to be approved, and each building is different. Consider improving your credit score a bit more and saving up additional money; consult with any local agent regarding board requirements, or directly contact the respective management company regarding board financial policies.... ... more
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Mon Oct 15, 2012
Anna M Brocco answered:
If looking at RealtyTrac--keep in mind that RealtyTrac's information may not always be accurate and oftentimes can be misleading--you could be looking at a lis pendens property--notice of default--some of those properties may not be for sale yet, and some may never be, if the default is satisfied by the owner. If you are interested in foreclosures, work with an agent, as most do end up being listed by a broker--he/she will have access to reliable information--also don't overlook traditional sales as some may turn out to be a much better bargain than some of the foreclosure properties. ... more
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Mon Feb 11, 2013
Phil Rotondo answered:
No.
But if you're looking for a home you should hire/consult a local real estate agent.
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