| Subject | Date Asked |
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| NY Property Condition Disclosure | 9/29/2008 |
Q: I came across a very helpful answer you previously provided about the NY property disclosure form. ...
A: I think you are asking if the buyer can waive the $500 credit and require the seller to complete the ...
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| Buying A short Sale | 9/24/2008 |
Q: I make about 130,000 a year but I do have a NY state tax lien. My credit is not good but the income ...
A: Normally a bank that is doing a short sale with a homeowner will put the house on the local listing ...
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| getting bought out of property | 9/19/2008 |
Q: in March of 2007 i bought a 235,000 house with my boyfriend in Delaware. I put 10,000 of my money ...
A: It sounds more like a complicated legal contractual question, but I will give you some input. If ...
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| Lease to Own | 8/18/2008 |
Q: my husband and i would love to buy a home for our family but we do not have much down payment for ...
A: You could not pick a better time to buy a home that way! Prices are down, inventory of available ...
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| Short Sale | 7/30/2008 |
Q: I am trying to put my house on the market as a short sale, this broker who is working with us as ...
A: I do not know where you live, but I think that real estate brokerage is somewhat similar everywhere. ...
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| contracts | 7/5/2008 |
Q: please help. time is of the essence. everyone knew and knows we are in a hurry to move. we found ...
A: Tell your lawyer to request the contract be returned. It sounds like a problem. Have your real ...
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| Seller's intention is to flip. | 7/1/2008 |
Q: there. My husband and I are hoping to buy our first home. We found one we like but I found out also ...
A: ) Thank you for your question. From your description it sounds like the house is a bargain. If ...
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| Real Estate Classes Online | 6/25/2008 |
Q: I wasn't sure where to ask this question so forgive me if it's posted in the wrong area. I am ...
A: Great time to get in to the real estate sales business as the market declines. You learn to work ...
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| buying a 2 family house with an illegal basement | 6/16/2008 |
Q: My wife and I are looking at buying a 2 family house in Brooklyn, NY. The current owner rents the ...
A: Maximizing the income in an investment is everyone's goal. It may be that the basement apartment is ...
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| buying out my brother's share of an income property | 5/19/2008 |
Q: My brother, sister and myself purchased a house as income property 8 years ago. We have been renting ...
A: If there is a bank/mortgage involved I think you will need to have a closing where the two remaining ...
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| recinding the sale | 5/16/2008 |
Q: i have a contract as the seller, i now have cancer and want to keep my house, any recourse for me? ...
A: I am sorry to hear about your bad news. Unfortunately you are in a legal contract and if the buyers ...
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| Encroachment and contract obligations | 5/6/2008 |
Q: My husband and I are in the process of buying a home on Long Island. Both the sellers and ourselves ...
A: That is exactly what a title search is for! Your title search revealed a problem. Now it is up to ...
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| assignments | 5/5/2008 |
Q: is it safe to buy a home from a person who has an assignment to house? my details are that im ...
A: It sounds like your friend has an option to buy a property and now you want to buy it from your ...
|
| Abandoned homes | 3/7/2008 |
Q: This question may sound dumb...How do homes become "abandoned"? I just can not imagine in the world ...
A: There can be many reasons a home is abandoned. Today you are hearing alot about the sub prime loan ...
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| crack | 3/5/2008 |
Q: "We found one house (14 yrs old) in Chesterfield, MO and we like it. We did the inspection. There ...
A: Chesterfield is a nice town. I am not an engineer, but I have been through hundres of inspection. ...
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| First time investing | 2/7/2008 |
Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
A: Buying and selling real estate you can ask for or offer anything and the other party can do the ...
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| First time investing | 2/7/2008 |
Q: My name is Chris and I recently posted on here a few weeks ago looking for some help with some ...
A: Based on the numbers you show it seems like a positive cash flow from the start. If you can get ...
|
| buy new construction and sell my house | 1/21/2008 |
Q: I am not sure in which order do you purchase new construction and sell your existing house? Can you ...
A: There is no one answer. Alot depends on finances. Are you able to own two homes at one time? Is ...
|
| C.M | 1/15/2008 |
Q: My husband and I put a deposit down for a new construction in Brooklyn, NY. Once the construction ...
A: M. Thank you for your question. When housing is built new or expanded or altered it needs to be ...
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| Condo Sale | 1/6/2008 |
Q: Good day! I looked at a Condo yesterday in Central Islip, NY for 1 bed / 1 bath at 138,000. There ...
A: That is a question most first time buyers struggle with. Will my real estate investment go up? ...
|
| realtor license | 1/3/2008 |
Q: I am not sure if you can answer this question or not, but I was speaking with a gentleman and he ...
A: To get a sales agent license you have to take the 45 real estate course and pass it and then you ...
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| selling a home in NYS | 12/23/2007 |
Q: Is there a law that states you must point out the negative points of your home in NYS when you are ...
A: New York is still a buyer beware state, but if you are selling your home there is a state form to ...
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| selling a home FSBO | 10/27/2007 |
Q: My husband and I are considering selling our home by owner... what are the NY state laws regarding ...
A: If you are selling your home on your own you need to be able to deal with buyers and others who will ...
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| null and void contract | 10/15/2007 |
Q: my husband and i put our coop for sale on may 23 2006 we explained to the buyer before actually ...
A: I'm sorry about all your troubles. It seems these 'buyers' were being very deceptive. If I ...
|
| Building Code | 10/4/2007 |
Q: I live in New Jersey and own a home built in the 1930's. My front steps are not "Built To Code" and ...
A: If they are made of wood and need to be replace and/or repaired any buyer will want that done or ...
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| Building Code | 10/3/2007 |
Q: I live in New Jersey and own a home built in the 1930's. My front steps are not "Built To Code" and ...
A: If your steps are unchanged from when they were built to code in the 1930's then your steps should ...
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| Best method for a substitute trustee? | 9/30/2007 |
Q: I read about experience and it seems you may be able to know the answer to this question. My ...
A: This is a bit beyond the scope of my knowledge and should probably confer with a real estate lawyer. ...
|
| Marketing Home | 9/26/2007 |
Q: I am trying to sell my home and would like to know what is the best way to market it. ...
A: Trying to sell your home on your own takes a lot of work and time and money to try to get some ...
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| null and void contract | 9/24/2007 |
Q: my husband and i put our coop for sale on may 23 2006 we explained to the buyer before actually ...
A: This is an incredible situation. This whole process is guided by the contract. You contract with ...
|
| Selling a home/capital gains | 9/23/2007 |
Q: I recently got engaged. I bought a condo 6 months ago and am in the process of selling it. I was ...
A: Congratulations!! On being engaged and on having a gain on your property's value. Don't be afraid ...
|
| home purchase | 9/19/2007 |
Q: I have purchased and financed a home on Long island without a c of o The town is going to issue me ...
A: You need to visit your lawyer in person. The lawyer is the person responsible for insuring that ...
|
| wholesaling | 9/4/2007 |
Q: I am interested in becoming a Real Estate Investor using Robert Allen's program. I am flat broke I ...
A: I am not familiar with Robert Allen's program. I am a licensed broker and earn commission when ...
|
| disclosure form | 8/28/2007 |
Q: I bought my house in feb. in nys and the seller never completed the disclosure form and never ...
A: I don't know who dropped the ball by not getting you the $500 credit. That is required at the ...
|
| Selling my first home | 8/27/2007 |
Q: My brother and I inherited my Dad's house on Long Island, NY when he passed away in 1996. We are ...
A: Sorry you and your brother are fighting about this. One solution would be for you to ask your ...
|
| Selling my first home | 8/27/2007 |
Q: My brother and I inherited my Dad's house on Long Island, NY when he passed away in 1996. We are ...
A: Why is your brother giving you a hard time? Does he live in the house? Do either of you live in ...
|
| Selling my first home | 8/27/2007 |
Q: My brother and I inherited my Dad's house on Long Island, NY when he passed away in 1996. We are ...
A: First you have to find out what the basis value was at the time you inherited the house from your ...
|
| Joint ownership home resale | 8/26/2007 |
Q: I've am divorced. My x-wife is on the title and she recently go an open end loan on the equity ...
A: I think the answers you are looking for should be in your divorce agreement. You must have some ...
|
| Selling a property that is currently being rented | 8/21/2007 |
Q: My husband and I own an apartment condo that we have rented. However we are in the process of ...
A: Hopefully your tenant will catch up in the rent. It is hard to evict tenants. Have you seen the ...
|
| disclosure | 8/14/2007 |
Q: we purchased a home 6 weeks ago. The home is on a septic system and we are going to have to replace ...
A: When you were buying the house did you have an engineering inspection and septic testing? If so, ...
|
| resale value/ pool | 8/13/2007 |
Q: My wife and I will likely be putting our house (in Amenia, NY)on sale within the next year. We have ...
A: A rule of thumb in New York suburban residential real estate had been that a pool does not add value ...
|
| disclosure | 8/12/2007 |
Q: we purchased a home 6 weeks ago. The home is on a septic system and we are going to have to replace ...
A: I need more details. There are some strange issues. Why would anyone reroute washer and sinks into ...
|
| Abandoned homes.... | 8/9/2007 |
Q: I'm just starting out in Investing and I have seen all these abandoned homes but some have no ...
A: That sounds exciting. You need to start with a map and try to figure out the approximate location ...
|
| Seller is very slow to close | 7/30/2007 |
Q: We entered into a contract with the sellers to buy a coop apartment in Queens back in April, on the ...
A: They may have trouble with the place they are moving to. It sounds like have have done the right ...
|
| Breaking A Listing Contract | 7/26/2007 |
Q: I'm dissatisfied with my listing agent - so I would like to terminate my contract before the listing ...
A: Thnak you for your question. The listing agreement can be terminated, but you may be liable for ...
|
| second home | 7/17/2007 |
Q: I have a strange question! I just bought a second home at a nearby lake. We love it. It is located ...
A: Whether or not you let anyone into your home is up to you. Some people might be flattered that ...
|
| average price | 7/16/2007 |
Q: I was wondering what is the average price of homes in New York State? I know in New York City it's ...
A: Prices vary not only from one area of New York to another, but from town to town within counties. ...
|
| abandoned home | 5/27/2007 |
Q: There is an abandoned home I have my eyes on for sometime now in Schuyler County. What & where do i ...
A: All you have to do is visit the town/village/municipal hall where the building department and tax ...
|
| First Time Buyer -- again? | 5/18/2007 |
Q: In 2003, I bought a townhouse as a first time buyer in the State of Maryland. For personal reasons, ...
A: The first time buyer program is a Federal program under Fanniemae. If you have excellent credit ...
|
| How do you become a realtor? | 5/6/2007 |
Q: I was interested in changing professions and becoming a realtor. Could you let me know some ...
A: If you woulod like to enter the real estate sales profession you need to start by meeting with some ...
|
| Closing date delay | 5/1/2007 |
Q: I am in the process of purchasing a home in Connecticut, and the close date is scheduled for just ...
A: You are in the middle of a common house buying/selling problem. Very rarely will a closing take ...
|
| Selling my house below appraised value | 4/8/2007 |
Q: My house was appraised at $430,000.00, I am selling it to my Friend for $310,000.00, I was told that ...
A: The best source of an answer to this question would be to call the Internal Revenue Service. Your ...
|
| buyer's bids | 4/6/2007 |
Q: I know you are in NY, but perhaps you can answer my question anyway. I live in Northern/central NJ ...
A: Sorry about the delay here. I thought I already responded to you. The answer is yes. Over the ...
|
| Cancelling a contract | 3/30/2007 |
Q: How many days does a buyer or seller have to cancel a contract after it has been signed
A: After attorney review and the contract is signed it cannot be cancelled without agreement of all ...
|
| Doors open in/out | 3/15/2007 |
Q: I am originally from Queens, NY. I have lived all around the country but currently I reside in FL. ...
A: I'm pondering your statement aboout the doors in Florida opening outward. In a private entrance of ...
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| Buying home | 2/27/2007 |
Q: I currently looking into buying home that is for sale by owner. The man selling the house does not ...
A: The seller probably doesn't want an agent involved because he thinks that will cost him some money ...
|
| advice | 1/22/2007 |
Q: I am 30 years old single male from Detroit, MI. I live with my 2 siblings and our mother. I make ...
A: It sure sounds like you have difficult decisions to make. Right now you seem to have a fairly ...
|
| Want to cancel contract | 1/18/2007 |
Q: I have an issues with buying a condo in the state of MD. When I decided to purchase (for ...
A: This sounds like you need to consult your lawyer. I don't know Maryland contract law, but you would ...
|
| Seller Disclosure | 1/8/2007 |
Q: My wife and I bought a house in NY about 10 months ago. We had some bathroom floor issues so we ...
A: I am sure you had an engineering inspection. The rotted wood you are refering to was probably not ...
|
| Home Title | 1/4/2007 |
Q: I've had my home on the market for a couple months in this slow sellers market to settle my 2004 ...
A: This sounds complicated. I think you are asking me if the buyer would expect the taxes to be less as ...
|
| Comittment Letter | 12/13/2006 |
Q: Is the seller allowed to see the commitment letter?My questions is.. By law is the seller of a ...
A: The seller's attorney is sent the commitment letter by the buyer's attorney to confirm the final ...
|
| Sale of Co-op in Westchester County, NY | 12/10/2006 |
Q: Yes, I think this rates as a stupid question... sorry. I am selling my co-op in Westchester County, ...
A: it is a good one. I'm happy to hear you will have a nice profit. That's great! No, it is not ...
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| Condo in NY | 12/9/2006 |
Q: My husband and myself can not afford a house on Long Island, NY. We are looking at Condos, (I don't ...
A: What you buy depends on your situation and preferences. It sounds like you enjoy vacations and fun ...
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| commission | 12/8/2006 |
Q: am I obligated to pay a higher commission fee if my agreed upon selling price was adjusted up 10K by ...
A: I would expect the commission to be based upon the agreed upon selling price before the adjustment. ...
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| Buyer's rights? | 11/28/2006 |
Q: I just bought a house and the inspection didn't show me two major issues. What rights do I have ...
A: Since you have already closed on the purchase of the property the seller is probably free and clear, ...
|
| someone offered to buy my house | 11/27/2006 |
Q: someone offered me $80,000,00 for my house and is waiting for me to tell them yes or no....i know my ...
A: This would depend on the local custom. In some states the Realtor will prepare a contract with the ...
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| closing costs | 11/22/2006 |
Q: "Hans, I am currently selling my home in NY, not listed with a realtor but have received an offer. ...
A: Certainly you can ask the buyer to pay your closing costs, but that would be the same as paying a ...
|
| Selling 2 houses and Buying 1 | 10/20/2006 |
Q: My parents and my family currently live in two different houses in New York. We are planning on ...
A: Before you build an addition onto a house for a second family unit be sure the local zoning allows ...
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| closing | 9/18/2006 |
Q: how log can the seller withhold important information such as tax reciept and lien info before me my ...
A: Information regarding the house you intend to buy is public information. You do not have to rely on ...
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| Home buying -walkthrough | 9/5/2006 |
Q: I'm about to do a walkthrough on my newly-constructed home - What things should I look for or be ...
A: It sounds like you are about to close on your newly built home. Congratulations, that is always ...
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| When is the Contract for Sale violated? | 9/1/2006 |
Q: Hans, Thank you VERY much for your informative response. At least I know I have some recourse. ...
A: Nice to hear from you again. Once your attorney sends the time of the essence letter the buyers ...
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| When is the Contract for Sale violated? | 8/31/2006 |
Q: I am selling my house in Queens, NY through a Real Estate Company. I hired my own Real Estate Atty. ...
A: In New York the contrcat date is only a targeted date and the buyer and seller have 30 days beyond ...
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| discounts? | 8/25/2006 |
Q: how do i find real estate at deep discounts? how do i know when the listing is deeply discounted ...
A: In my opinion real estate that is on the market available for sale through a multiple listing ...
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| Verbal first right to refusal | 8/7/2006 |
Q: I sent $1,000 to a developer who assured me (I kept hardcopies of the emails to his office) that the ...
A: You said they were holding your check. Did they ever deposit it? If not put a stop payment on the ...
|
| Buying from landlord | 8/7/2006 |
Q: We have been renting a home and are interested in purchasing it from our landlord. When we moved in, ...
A: Since you are already in the house you won't incur moving expenses and you also won't have to spend ...
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| buying a home | 8/3/2006 |
Q: im considering buying a home i have been recommend to sloatsburgh tuxedo park area but not sure if i ...
A: Your cousin could be bale to help you and perhaps save you some money too. Most of the closing ...
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| Buyer Contract Re-Negotiation | 8/1/2006 |
Q: Weber, We are in the process of buying a home in Nassau County, Long Island New York. We made an ...
A: Once you are 30 days beyond the closing date I believe your lawyer can request your escrow deposit ...
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| Ny purchase closing | 7/28/2006 |
Q: Must the lender have an atty representing them at a purchase money closing? can the buyer's atty ...
A: At a closing with a bank mortgage involved in the transaction there is a bank attorney involved. ...
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| out of contract | 7/26/2006 |
Q: Our home in New Jersey is currently on the market. We put a bid in on a home with a "sell our home" ...
A: Since the buyer and seller were introduced by Realtors during the listing period they are still ...
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| Privately Selling | 7/23/2006 |
Q: I have a person who is interested in buying my townhome. I would like to do it privately to ...
A: Since you already have a buyer you are ready to go. They should supply you with a bank preapproval ...
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| they knew it was rotted | 7/22/2006 |
Q: i bought a house 3 weeks ago did house inesption he said everything looked ok i go to install track ...
A: Sorry to hear about your dilemma. The inspector is not responsible for things not visible to the ...
|
| Real state agent | 7/3/2006 |
Q: I'm trying to buy a house and I have a friend that says he is a real state agent. I'm not sure he is ...
A: The first place you can look in New York is with the department of state in Albany. They have all ...
|
| windows | 6/30/2006 |
Q: We are getting ready to sell our home in the next year. It is about 20 years old and are going to ...
A: In real estate the answer is always new and different. The answer depends on many things, including ...
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| How do you buy abandoned homes? | 6/29/2006 |
Q: I was wondering if you could help me. Im looking to buy abandoned homes in my area. I live in ...
A: In order to find the owner of record for a property you should visit the local tax assessor's ...
|
| From Tenant to Home Owner | 6/27/2006 |
Q: I am purchasing the house I am currently renting. Will the security deposit be returned during ...
A: Sounds like you have your rules in order. The security passes to the buyer, in this case you. The ...
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| Short Sale | 6/26/2006 |
Q: I was wondering if you knew how I can obtain the needed forms for a short sale?
A: I believe a short sale is when a seller is selling a property for less than the current mortage ...
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| Selling a home your just bought | 6/23/2006 |
Q: My asumption is the market will go down, interest rates are going up, no sign of them going down. ...
A: Based on the scenario you are projecting you should sell and get out now into a comfortable rental ...
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| Selling a home your just bought | 6/22/2006 |
Q: We just bought a house. After being here, we really don't want to live here. Does it make ...
A: I have to ask you questions in return to help you decide. You probably spent a lot of money to buy ...
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| Benefits | 5/15/2006 |
Q: I am staying in a small town of India, there are these big apartments coming up in our town, ...
A: The benefits of living in the new building as opposed to your bungalow can be many. What is the ...
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| Condo buy - choosing a lawyer | 4/21/2006 |
Q: Weber, I am planning to buy a 1BR in a new condo development in Chelsea. The sales office ...
A: It would certainly be smoother for them and you to use their lawyer and mortgage broker since they ...
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| Aspiring real estate agent | 3/23/2006 |
Q: my name is Tishaenah Lewis. I am a junior at Bodine High School for International Affairs. In the ...
A: Real estate sales is an exciting career, but not for everyone. Income is not on a steady basis and ...
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| documentation needed to sell co-op | 3/2/2006 |
Q: I am considering selling my NYC co-op. What papers do I need to gather before heading to a broker? ...
A: The most important papers you need are the Offering Plan & By Laws plus the last two years of ...
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| sellers lender disagreeing for purchase contract | 2/23/2006 |
Q: I am a first time buyer.I wrote a purchase agreement with a owner.Here the owner herself is a real ...
A: I am not clear about your questions. Is she the owner, your buyer representative and lender too? I ...
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| selling home | 2/20/2006 |
Q: myi am looking to relocate, but in order for me to buy another home i have to sell my home. what do ...
A: Sorry for the delay, but I thought I answered this already. If you need the cash equity from your ...
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| selling home | 2/20/2006 |
Q: myi am looking to relocate, but in order for me to buy another home i have to sell my home. what do ...
A: Those rules vary from area to area. Call in a few local Realtors and ask their advice. How far ...
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| offers w/ contingencies | 2/6/2006 |
Q: I am in the process of selling my home through FSBO. I have some interested parties, one in ...
A: Going into contract with someone who has a house to sell makes you subject to the sale of their ...
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| Deed to Home | 2/2/2006 |
Q: I am in the process of inheriting a home and the home was previous inherited by my mom. The deed has ...
A: To satisfy your concerns you should speak to an attorney or property title company to do a title ...
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| No Money Down | 2/1/2006 |
Q: We are planning on buying a Condo. We got a mortgage from a mortgage company with No Down Payment. ...
A: Your bank says you are approved for a mortgage of 100% of the value of the condo you want to buy. ...
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| buying a house | 1/22/2006 |
Q: I've been looking for a house in NY Brooklyn to buy for long time now. I stumbled on a one thing, ...
A: For local pricing and customs you need to contact a reputable buyer broker in your area. A builder ...
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| Market Analysis | 1/19/2006 |
Q: I am interested in buying and rehabbing a few hud homes in the Buffalo, NY area. I was wondering ...
A: Certainly the Westchester area market is expensive to invest in, but the returns are proportionate. ...
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| Low-Balling an offer | 1/13/2006 |
Q: We recently went through a 50-year old home, 4300 sq. feet, inground pool. NOTHING in the home has ...
A: It sounds like a typical real estate scenario. You like the house and have watch it on the market ...
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| Real Estate Marketing | 1/3/2006 |
Q: My wife and I are thinking about starting a small business. Our idea came about when we remembered ...
A: Sorry about the delay, I was unable to access the link to your question. Paper fliers are still ...
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| Selling when upside down | 12/26/2005 |
Q: We have only owned our home 4 years and due to some repairs that are required we can't rent. We ...
A: What repairs do you need that are so bad? The new job pays $27,000 a year more than the current ...
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| Buying homes | 12/17/2005 |
Q: I'm thinking of buying foreclosed homes and repair them to sell. And I'm wondering if you think ...
A: Information on properties in foreclosure proceedings are available from your local and county ...
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| Simple questions | 12/9/2005 |
Q: Hans, I liked your expertise ad. I am looking to buy my first home and I would like to know some of ...
A: When buying a home you need to decide several things. What can you afford, what do you want, and ...
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| listing agreements | 11/13/2005 |
Q: Weber- thank you for volunteering your time. I have also been a volunteer on this site for a few ...
A: In NYC brokers represent the seller on an exclusive basis when a contract is signed. Signing the ...
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| SELLER STEALING BUYER'S DEPOSIT! | 11/8/2005 |
Q: Weber, I am in a really awful situation, and I need a second opinion on from a total stranger so ...
A: This one sounds like it will become a legal matter. Based on your explanation my opinion is with ...
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| More Info to consider | 11/4/2005 |
Q: According to the seller agent with whom I have just spoken, it's a private runway. So it's not ...
A: Sounds like the airport is more of a novelty than an issue. Ok, check other recent sales and maybe ...
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| How Can I Check? | 11/3/2005 |
Q: I gave you 10 for everything. If you don't mind me asking one more question, I am not sure how I ...
A: Are you looking at property without the aid of a Realtor/Buyer Agent? They are able to supply you ...
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| Airport is aTrouble? | 11/3/2005 |
Q: First thank you for reading this email. I found the property and I really was about to buy it for ...
A: You think the property is underpriced compared to properties in other areas? Then the airport ...
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| Buying a house | 10/21/2005 |
Q: What are the legal risks/implications in purchasing a landed property thru a Public Notarized Sale ...
A: but I need more information. It sounds like the seller is not allowing you to do a title search ...
|
| what is a contract by assignmen... | 10/16/2005 |
Q: what is a contract by assignment
A: An assigned contract is one that has been transferred from one party to another under the same terms ...
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| LAND CONTRACT | 10/14/2005 |
Q: I AM HAVING A BIG PROBLEM WITH TRYING TO OBTAIN A DEED.... TO THE LAND AFTER HAVING PAID THE LAST ...
A: This sounds like a legal matter. When you entered the contract did you have an attorney review it? ...
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| csspool | 10/12/2005 |
Q: I'm about to buy a house in long Island and this house has a csspool that not been inspected buy ...
A: After the physical engineering inspection the inspector will tell you if there are any probelms with ...
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| BOUGHT HOME | 9/5/2005 |
Q: I just bought an investment home last week using conventional lending. Where on the settlement ...
A: The HUD-1 form should have all the closing costs in detail for both you and the seller including ...
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| What can be done about buyer lying about a cash deal. | 8/9/2005 |
Q: I recently put my house up for sale in ny after buying land in florida.My neighbor put a $1500.00 ...
A: Are the terms of your contract cash? If there are no contingencies in the contract and the closing ...
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| Condominiums | 8/8/2005 |
Q: What does the description "Garden Style" condominiums indicate?
A: Garden style condo is a description for usually 2 level buildings with usually common entry halls ...
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| co-op contract issue | 8/2/2005 |
Q: I am in the process of selling a co-op in White Plains, NY. When the buyers came to look at the ...
A: Parking in White Plains can be an issue. If the contract is signed by all parties then the terms of ...
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| Training in Real Estate | 7/25/2005 |
Q: I am a licensed acupuncturist interested in learning how to buy/sell real estate...or maybe start up ...
A: Real estate can be an exciting field. Start up can take some time and many people do last. First ...
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| hi my name is ruben and im... | 6/16/2005 |
Q: but i wanted to ask u about the business of real estate. i wanted to know about the income of it and ...
A: Real estate is a great profession, but it takes a lot of time and effort and it can be years untill ...
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| average cost | 6/12/2005 |
Q: I was wondering what is the average cost of a home in New York state?
A: The average price of a home varies greatly from one part of New York to another and so too does the ...
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| New York City Real Estate | 6/4/2005 |
Q: Hans, We are first time home buyers and find ourselves overwhelmed with the process of where to ...
A: Your first challenge would be to find areas that you would like to live in that are in your price ...
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| Location | 5/24/2005 |
Q: What area of New York do you service. I am interested in the Buffalo/Niagra area.
A: I am in Westchester County near New York City. If you would like me to refer you to a top agent in ...
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| selling my Coop apt in MTW in Manhattan | 5/4/2005 |
Q: I want to sell my Coop apt by my self, with out going through a broker. What kind of suggestions do ...
A: A survey by the National Association of Realtors finds that Realtors sell properties for 27% more ...
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| ZONING INFORMATION HOUSE | 4/17/2005 |
Q: Hans Thank you so much for getting back to me, I have one last question, when someone builds a ...
A: As far as I know as long as one is building something according to current code that does not need a ...
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| ZONING INFORMATION HOUSE | 4/17/2005 |
Q: Hans Hi, I truly need your help, how do I locate the zoning laws. I have a neighbor who has horses ...
A: You have the right idea! Go to your municipal town hall and check with the building department or ...
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| first look at a co-op | 4/16/2005 |
Q: I will be going to look at co-op in the next few days. This is my first experience when it comes to ...
A: First, you want to know what the other sales in the building have been for the last year. If there ...
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| Penthouse | 4/10/2005 |
Q: I'm considering a beach front Penthouse that the owner is willing to hold the financing on for ...
A: Why won't he allow renting? Are you supposed to live there? In the current market any real estate ...
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| Duplex living | 4/7/2005 |
Q: I am currently looking into buying a new home here in CT. One of the homes I am interested in is a ...
A: It sounds like you are buying a single family attached duplex which to most extents is like a single ...
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| capital gains from selling a home | 3/18/2005 |
Q: i purchased a home in queens, new york city in 1968, paid $40,000 dollars for it, now i would like ...
A: You will owe a capital gains tax on the difference between what you paid 40k, plus capital ...
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| Housing grants | 2/18/2005 |
Q: I was wondering if you know any types of grants that are out there. Thank you, Anne
A: You can start with your local HUD office, Housing and Urban Development. Also try Habitat for ...
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| Selling on Long Island and moving to Hawaii | 2/4/2005 |
Q: My wife and i are looking into moving to Hawaii with my father in law. The house is paid of and is ...
A: You need to find a home in Hawaii to rent or buy. Call Alan Craig toll free at 800 344 MAUI. He ...
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| Optomizing Sale Price | 1/31/2005 |
Q: I've been in a starter home for 10 years, and looking to move within the next 12 months. My question ...
A: I could mail you our booklet on what to do to yor home to get the best price if you give me your ...
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| commissions | 1/20/2005 |
Q: A real estate agent found a summer tenant for my vacation home, and I paid the 10% commission. He ...
A: Yes, the repeat rental, renewal or purchase clause is standard. Legally the person's wife might be ...
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| buying and selling | 1/6/2005 |
Q: I have heard about these techniques where you can buy a home without a downpayment. Is this real if ...
A: Property can be bought in many ways. Conventionally the purchase would be for cash or combination ...
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| Purchasing first 4-Plex | 12/30/2004 |
Q: I am moving up from renting my single family home to purchasing a 4-plex for rental purposes. I ...
A: Will you be living in the 4plex? That will make a difference in your mortgage rate. You will want ...
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| finders fee | 12/14/2004 |
Q: I am a Real Estate agant in Brooklyn, Ny. I was out looking for FSBO and Expired listings. I came ...
A: Yes, it would be nice if you were chosen as the listing agent for the property as a reward for ...
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| Where to start? | 11/30/2004 |
Q: I live in New York. I have no money and my credit is poor. I want to buy and sell houses but I ...
A: First try calling a mortgage broker to find out what if any mortgage you are qualified for. Based ...
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| Curb appeal | 11/16/2004 |
Q: i am doing a research paper for my graduation project, and i need some help How much importance is ...
A: Curb appeal is probably the second most important feature of a property after location (#1). Houses ...
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| Buyng investment property. | 11/13/2004 |
Q: I am currently going to bid on a house for investment. What is the best bargaining tool for me to ...
A: Was the appraisal done by a real estate agent or by an appraiser? Is the $171,000 valuation in the ...
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| Real Estate | 11/8/2004 |
Q: What is a broker associate? What is a real estate agent? What is a real estate broker?
A: A broker associate is a licensed real estate broker who has decided to associate their license with ...
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| Structures left on property purchased by new owner | 11/8/2004 |
Q: Hans: If a property considered for purchase has an existing business trailer on it that belongs to ...
A: This is a legal question that should be resolved before the closing. Do you the buyer want someone ...
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| Title Change | 10/24/2004 |
Q: My parents owned a house in Queens N.Y. When my father died my mother became the sole owner. She ...
A: This is really a legal matter. You will need an attorney to bring the estate through probate. ...
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| Title of a Home? | 10/13/2004 |
Q: I live in Calif, Not New York , But you were on the list so I am woundering if you know a answer to ...
A: Yes, I agree that you need legal help in this matter to correct the title to the way you all want it ...
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| FIRST HOUSE | 10/3/2004 |
Q: I WANT TO HELP MY DAUGHTER BUY A DUPLEX AND PAY THE MORTGAGE PAYMENTS MYSELF. It would be her first ...
A: You have a very nice goal to aim for. This is a bit more of a legal question for an attorney, but ...
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| NY Property Disclosure Form | 9/27/2004 |
Q: Is it required that a seller MUST fill out the questionair or can they decline. Was told that you ...
A: Yes, New York state law requires sellers to complete the Property Condition Disclosure Statement and ...
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| tax liens, MLS | 9/25/2004 |
Q: what are tax liens and where can i get info about it? do you know a MLS website?
A: Tax liens are legally placed on property by the taxing authority if the owner of the property is ...
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| Landlord Property Rental | 8/29/2004 |
Q: I have some (commercial property) questions to ask you. Background: I own a 5500 square foot shop ...
A: Sorry for the late response, your message only appeared to me today. You have a long time tenant ...
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| letter interested in buying home | 8/9/2004 |
Q: I am interested in buying a home in a certain community, but their is no homes available. The ...
A: YOu could do a few things. Contact a local realtor to what the market in that community for you. ...
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| difference between owning a Co-op or a Condo | 8/2/2004 |
Q: with not so good credit and not much in the way of down-payment, which is better to do? Or for a ...
A: Owning real estate is the American Dream. Your first step should be to get a mortgage preapproval ...
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| real state price cut | 8/1/2004 |
Q: I am a first time buyer, I wana buy a condo in Southern California (Orange County). I can see that ...
A: As opposed to renting it is always a good time to buy real estate for taxes pruposes and equity ...
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| Historic Property | 8/1/2004 |
Q: I am interested in a property in Saint James, NY. It's a Circa 1902 General Store/Farm Colonial ...
A: Your first step should be to go to town hall and look up the property records there. The owner ...
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| Gas Stove in House for Sale not included, Orange County, NY | 7/24/2004 |
Q: I am looking at a home for sale in Orange County, NY, and the gas stove that is presently in the ...
A: The seller is taking the stove and leaving the gas line open? Is the gas shut off somewhere else in ...
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| Flood insurance at time of closing | 7/20/2004 |
Q: Mr. Weber: I am in the midst of battling with HSBC bank in regards to flood insuranec. I ...
A: Somebody made a mistake. When you apply for your mortgage the bank will order a flood zone search ...
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| How do you buy abandoned homes? | 7/4/2004 |
Q: I was wondering how you go about buying an abandoned home from the state. I know of quite a few in ...
A: Try 360-705-7095 or internet www.wsdot.wa.gov/realestate/ I found property auctions for Snohomish ...
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| deposit dispute when buying a home | 7/3/2004 |
Q: I've just purchased a home a few days ago here in Massachusetts and this is what happened, during ...
A: It sounds like you already closed and own the property. And since there is a dispute about the ...
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| Inherited lease with new house | 7/1/2004 |
Q: My parents just recently bought a house and closed on it the end of May '04. Before closing we knew ...
A: Yes, the lease is part of the property sold. Did you not know the terms of the lease when you ...
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| Co-op's | 6/30/2004 |
Q: Have you heard of a co-op failing, and what was the inpact on the ownerAre there pitfalls in buying ...
A: I have not experienced a coop failure or bankruptcy in Westchester. However, there are some coops ...
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| Co-op's | 6/28/2004 |
Q: Are there pitfalls in buying a coop, And if there are pitfalls what are they?
A: Coop ownership is a little different than condominium ownership. Coops are usually rental buildings ...
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| 1)what would be the best public... | 6/13/2004 |
Q: 1)what would be the best public record/s (e.g. tax assessment, title of ownership, etc.) that shows ...
A: Most town halls have building departments and assessor's offices which should have the property card ...
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| Selling house | 5/26/2004 |
Q: I own a single family home in Watertown, New York. I have relocated to South Carolina. I want to ...
A: The fastest and easiest way to sell a home is to list with a experienced local broker who uses the ...
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| Broker as Principal | 4/11/2004 |
Q: Is it legal for a licensed New York State real estate broker to act as a seller's broker on a ...
A: A licensed broker/agent may represent themselves in the sale of real estate, but in doing so they ...
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| Buying Investment Properties in Albany | 3/9/2004 |
Q: Mr. Weber, I live and work in California, and am begining to branch out into investment properties. ...
A: In New York around Manhattan, Long Island, Westchester, Putnam counties the attorneys handle the ...
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| Paying for a new home? Residency? | 3/8/2004 |
Q: My wife and I are considering buying a home in the Poconos - new custom built, all inclusive package ...
A: Yes, Westchester is expensive. Your construction loan mortgage should not have payments beginning ...
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| i am purchasing a 4 family... | 2/24/2004 |
Q: i am purchasing a 4 family rental property for $325,000--cash deal the total expenses-heat ,taxes ...
A: At this time, in my market a price of 10 times the rent roll or less is a good deal. Your price is ...
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| Realtor due commission? | 2/24/2004 |
Q: On 2/20/2004 I listed a house with a broker, but told the agent that I was working with several ...
A: If one of the people you had excluded form the listing agreement buys your home there is no ...
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| Buy a 3/4 Plex and Renting Section 8 | 2/16/2004 |
Q: My wife and I are looking for a not too expensive, with a low down payment 3/4 Plex. We have a ...
A: Investing in multifamily homes can be rewarding. Usually rents will increase and you mortgage will ...
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| First time buyer... | 2/8/2004 |
Q: I don't really have a specific question, but one of a more general nature. I will be a first time ...
A: It sounds like you have to financing planned out. Having a modular home built and delivered to your ...
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| First time buyer... | 2/7/2004 |
Q: I don't really have a specific question, but one of a more general nature. I will be a first time ...
A: Are you planning to build by yourself or do you have a builder to build for you? First, land has to ...
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| kitchen question | 1/25/2004 |
Q: I have a simple question - what exactly is a "country kitchen"? I see this listed as a desirable ...
A: A country kitchen is a kitchen that is combined with the typical dining room into one bigger room ...
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| Commission Question | 1/15/2004 |
Q: I own a home with some acreage in upstate NY. I was recently approached by an architect claiming he ...
A: Your question is a good one and can be argued for hours. I have been doing that myself since I read ...
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| prefoeclosures | 12/27/2003 |
Q: how do i locate preforeclosures as early as possible. i know if someone doesnt make a payment, than ...
A: Homeowners in the process of foreclosure are often found on lists in the local business news papers ...
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| Buyer fails to obtain financing | 11/6/2003 |
Q: I recently sold my home and gave the buyer 10 days to obtain financing at 5.5%. He claims the best ...
A: Your question has many facets and therefore many answers. Usually a contract of sale for real ...
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