November 7, 2009

Massada Home Sales?

Question 1: Does anyone have experience with this company?

Question 2: Does anyone have good recommendations for real estate agents serving Prospect/Crown Heights?

November 6, 2009

Where to Post to Sell Condo?

Folks,
Where's some good places to post a Park Slope condo for sale? I'm about to sell mine, and am casting around for ideas.
Thanks in advance for any suggestions.

November 5, 2009

Park Slope PPSF

I've recently started thinking about whether it is time to buy and I would like to ask for your opinions.

I am interested in the Park Slope area but even though prices appear to have dropped I do not know if they are at reasonable levels considering how much they've went up.

Trulia has a chart for average price per square foot in the Park Slope area,
http://www.trulia.com/real_estate/Park_Slope-Brooklyn/5202/market-trends/

At lot of the places I've been looking at are 2 bedroom 1 bath and they are all asking for around $600/sqf. According to Trulia that's 2006 levels. Isn't that near the peak of the bubble? or right before the burst?

Is it unrealistic to expect prices to be more in the 2004-2005 levels of $450/sqf?

What do you guys think?

Thank you
signed,
first time buyer

November 3, 2009

Deeding a Rental to a LLC

I am currently own a property for primary use, but want to convert it to a rental (it's a condo). I want to hold the title to the condo in a LLC to limit my liability while it's being rented.

My question is if 1) this will effect my current mortgage, 2) what effect will this have on my insurance policy and 3) what exactly is involved in the transfer?

I have read that it is simple as long as the LLC is owned solely by me as well.

Does anyone know about this?

Buying a Multifamily House

My husband and I are considering buying a multifamily house with another couple (two family). I am just wondering if anyone has any advice before we even start. Do we have to have the legal side drawn up BEFORE we apply for the mortgage, or is it possible for each couple to get a mortgage without that part done. Also what sort of downpayments are needed for a house as opposed to a coop?

October 29, 2009

First Time Seller

Hi,
I am considering selling my apartment in downtown BKLYN but am very confused about hiring a broker.
The first question that comes into mind is what is the average fee those guys charge? Is there a range? Can you negotiate?
Thanks!

October 28, 2009

Space Rental for Baby Shower

Need location ideas in the Northern Brooklyn area to rent for a baby shower in a couple of months. Not a bar or dark looking club. Something of nice size, natural ambiance,with lots of natural light. Ideal place would be a gallery or brownstone or mini mansion. Oh, not too costly. Any ideas?

October 26, 2009

photographers FSBO

I want to sell my one bedroom FSBO-- can anyone recommend a photographer who could take photos of my apt? And what is the estimated price?

Thanks!

October 23, 2009

Help/Advice for a Beginner

Ok, I'm a noob on this site, and to brooklyn real estate. I've been living and working in NYC since '98. I owned a co-op in Bay Ridge from '01 to '05, and I've been renting a 1 bdrm in battery park city since then. I've recently decided to buy a brownstone, to live in one floor, and rent the rest out. I'm looking primarily at Carrol Gardens, Cobble Hill and Boerum Hill. I'm just getting started, using a Corcoran real estate agent.

I would love to get advice of any and all kinds. Suggestions re web links, articles, real estate agents, types of properties, usual problems encountered, etc., etc., would all be greatly appreciated.