Home Buying in Staten Island : Real Estate Advice

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Jacques Ambr…, Real Estate Pro in Forest Hills, NY
Jacques Ambron answered:
What's the typical process when buying a short sale?
Depends on the bank and if the short sale is approved. Also depends if there is more than 1 lien holder. anywhere from 3-5 months for approved short sales, and can be longer up to a y ... more
0 votes Share Flag Wed Apr 24, 2013 Home Buying in Staten Island
Arlene Trunzo…, Real Estate Pro in Staten Island, NY
Arlene Trunzo, CRS,GRI,SRES answered:
What are some tips for first-time home buyers?
There is a lot of helpful information posted on my web-site for first time home buyers. Here is Staten Island NY there is a grant being offered to first time home buyers who qualify. Ar ... more
0 votes Share Flag Sat Jun 1, 2013 Home Buying in Staten Island
Guttenberg J…, Real Estate Pro in New York, NY
Guttenberg Joy answered:
Which costs are potentially negotiable in closing costs
In terms of what fees are associated with closing costs there is no avoiding them. But what can be negotiated is whom and how they will be paid for.

Here are a breakdown of closing ... more
0 votes Share Flag Thu Mar 8, 2012 Home Buying in Staten Island
Jacques Ambr…, Real Estate Pro in Forest Hills, NY
Jacques Ambron answered:
What are some surprises that first-time buyers encounter when purchasing a home?`
This is a hard question to answer. Expenses are probably up there. For example upkeep and maintenance of a home can add up. Heat and hot water as well as general repairs. Another ex ... more
0 votes Share Flag Thu Mar 1, 2012 Home Buying in Staten Island
Joanna Jensen, Real Estate Pro in Livermore, CA
Joanna Jensen answered:
Put offer on a 2 family house with a tenent who is a single mother. As a condition of the sale, want the tenent to vacate. She doesnt want to leave.
Hi,

If the tenant has a lease in place you will have to honor it.

I know in CA if the tenant has a 5 year lease the new buyer has to honor it as long as the lease was entered int ... more
0 votes Share Flag Mon Feb 27, 2012 Home Buying in Staten Island
Janet Nation,…, Real Estate Pro in Baldwin, NY
Janet Nation, CBR answered:
Should the buyer be responsible for unpaid liens in a short sale?
Ideally the liens should be paid for from the proceeds but if there is not enough money It will also depend on how badly you want the house, and is purchase price way under market val ... more
0 votes Share Flag Thu Jun 20, 2013 Home Buying in 10309
Anna M Brocco, Real Estate Pro in Williston Park, NY
Anna M Brocco answered:
I live in North Carolina and I have a very close friend who is looking to move to NYC. I told her that she would be better off in NJ. She is
Your friend should settle in the area that makes her happiest, therefore if she likes all that NYC has to offer, no reason not to consider the idea. As for paying in cash--your friend s ... more
0 votes Share Flag Mon Feb 6, 2012 Home Buying in 10309
Kevin  Hughes, Real Estate Pro in Staten Island, NY
Kevin Hughes answered:
Liked house at BAYVIEW LN, there are 4 beautiful houses at very attractive prices and the only trend I see that prices going down.
I don't really see any problem with community. Feel free to call. Kevin Hughes Tom Crimmins Realty 646-346-9775
0 votes Share Flag Thu Jun 20, 2013 Home Buying in 10309
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
Just closed on house. I have rot real bad need to fix ASAP. is the seller responsible?
Depends.

Disclaimer: I'm not a lawyer, so this isn't legal advice. Further, I'm not licensed in New York, so I can't specifically address your contract. However . ... more
0 votes Share Flag Sat Feb 4, 2012 Home Buying in 10314
Christopher…, Real Estate Pro in Staten Island, NY
Christopher Burdzy answered:
In a short sale, are you locked into it until you hear whether or not your offer was accepted, or can you still look at other homes?
In a short sale transaction you will need to sign a contract and make an earnest money deposit (usually $10,000), and then you'll need to wait to hear back from the seller's b ... more
0 votes Share Flag Thu Feb 2, 2012 Home Buying in Staten Island
Kevin  Hughes, Real Estate Pro in Staten Island, NY
Kevin Hughes answered:
is heartland village in zip 10314 a good safe neighborhood asking 178,000 for 1 bdrm 1 bath condo on 85 elmwood park dr. is this priced too high?
Yes it is as safe area and the price is about right. Feel free to contact me at 646-346-9775. Kevin Hughes Tom Crimmins Realty
0 votes Share Flag Thu Feb 2, 2012 Home Buying in Staten Island
Gail Gladsto…, Real Estate Pro in 11743, NY
Gail Gladstone answered:
would you buy a house on busy street (hylan blvd) in princes bay?
I am not familiar with the location; however, even though my own home is on an active road, I walked in the door and fell in love with it.

You will get a better price because of the ... more
0 votes Share Flag Wed Jan 18, 2012 Home Buying in Staten Island
Terry McCarl…, Real Estate Pro in Cape Coral, FL
Terry McCarley answered:
i was on short sale approved by the bank et signed by seller and seller said he is not selling anymore what i can do
You need to contact an attorney immediately if you still want to purchase the home. If you had a fully executed contract (the seller signed your offer accepting the price and terms sub ... more
0 votes Share Flag Sat Jan 7, 2012 Home Buying in Staten Island
Scott Godzyk, Real Estate Pro in Manchester, NH
Scott Godzyk answered:
Will I get approved for my mortgage?
It will depend on the type of loan as well. Some underwroters like to see at leats 3 months reserves left over and others are at 6. The best person to answer would be your loan officer, ... more
0 votes Share Flag Mon Jan 9, 2012 Home Buying in Staten Island
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
can I buy a home with very little down payment and closing fees?
There are Loans and Programs out there that probably help you.
There may even be State and Local programs that only your local Realtor and Lender have access to.
And,
YES, almost all ... more
0 votes Share Flag Sun Dec 11, 2011 Home Buying in 10314
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
is there an advantage to a short sale and what exactly is involved?
The Shortsale FORESTALLS and replaces the Foreclosure:
There isn't too much difference to your Credit Score, but there is a little.

You will have to LIST your house, with a Rea ... more
0 votes Share Flag Fri May 24, 2013 Home Buying in Staten Island
Barbara More…, Real Estate Pro in SI, NY
Barbara Morello answered:
Closing costs??
You should contact your mortgage lender for a good faith estimate which will break down the closing fees for you. Generally they fall between 3% and 5% of the sale price and possibly hi ... more
0 votes Share Flag Tue Nov 29, 2011 Home Buying in Staten Island
Deborah Brac…, Real Estate Pro in STATEN ISLAND, NY
Deborah Bracco answered:
how much is 65x100 lot in richmond town?
Hi Johnny,

After some research it seems like $75 or $80 sq. ft. would be the average for sewered property. If I can be of any further help please dont hesitate to contact me-718-619 ... more
0 votes Share Flag Thu Nov 17, 2011 Home Buying in Richmond Town
Christopher…, Real Estate Pro in Staten Island, NY
Christopher Burdzy answered:
What is the state of the rental market in southern staten island? Thinking of buying a 2bdrm to rent...
JK,

The demand for rentals is at all time high. Two bedroom places rent on the South Shore for anywhere from $1,200-1,500/month. For example, I've just rented a 2 bedroom condo ... more
0 votes Share Flag Tue Aug 20, 2013 Home Buying in Great Kills
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