StuyHtshome's Profile
Author's Posts
September 25, 2009
Mortgage Broker Recommendation
Hi b'stoners,
I wanted to refer a FANTASTIC mortgage broker that specializes in FHA loans. His name is David Roma and works for East Coast Capital. I cannot say enough good about him. He has been available 24 hours/day to answer the most ridiculous question that any first time home buyer may have - and always happy to take your call.
I wouldn't normally go out of my way like this but the turning point was win we sort of ended up in a bidding war over a property and David assured us that we should stick to our guns and not offer more since a lot of people are not qualified. That spoke volumes to us since he was basically saying to us. He said that he wanted us to be in the right house and if this wasn't it, it would come in time.
How REFRESHING!!!! Someone in an economic depression who still knows that the bottom line is getting the buyer in the right home.
Happy to answer any questions but he's great.
877-781-7788 - ofc
516-476-7328 - cell
September 22, 2009
Worst Broker Experience Ever
Wondering if I have any recourse for dealing with what happened in a recent home purchase. We were dealing with the owner of RE company who was helping us - the buyers I'll call him Agent A. One of his associates was the listing agent on this property - I'll call him Agent B.
We scheduled an appointment to see the property with Agent A, he showed up 30 minutes late. We scheduled a second viewing of the property with A and he was 25 minutes late. We told him at the end of the walk-thru that we wanted to make an offer and what we were offering. He told us he thought there was maybe another offer coming in but he would ask Agent B and call or text us back within the hour and he would also send over the offer form late that evening. He did neither. I called Agent A the following day asking when he was going to send over the offering paperwork so we could our offer in and he said he would send it by noon. He still did not send it. I called him again at 2:00 pm and left him a rather terse message. We finally got the offering paperwork by about 9:00 pm - almost 24 hours after we were expecting it. We filled it out, sent it back and he did not present our offer to the sellers for 3 days. Ironically, the same day as Agent B brought another offer to the sellers for more than what we offered but they ended up not having the financing. We asked Agent A to send over the signed counter and we would sign and send it back - that took 2 days and about 5 phone calls on our part to actually receive the paperwork. We spoke with the agent over the phone about the timing of the paperwork and he said that there was no one else interested in the property and that they would change the status on their website to pending sale. We had an appointment to sign the paperwork with the broker this morning and he called us last night to say that out of the blue, another offer came in for over the asking price and the owners would go with this offer unless we offered more money. Agent A said that this new interested party emailed Agent B on Thursday evening with the offer without speaking with Agent B before doing so. Who, in this market, offers over the asking price? Obviously, Agent A, dragged his feet and did not inform us of the other offer coming because he wanted more money for the property. Since he owns the company, he's going to get a kick back from the sale anyway.
Sorry for the long description but am I able to file a complaint anywhere about this so he doesn't do this to someone else? If so, where?
Author's Comments
I don't know why you wouldn't do that. If not you, someone else. You have nothing to be embarrassed about. I read once, in respect to propositioning homes that are in the early stages of foreclosure, to have some cheap postcards made on brightly covered stock and mail them to the houses you are interested in. I can't speak for whether or not this works but what do you have to lose - $20 or so dollars?
I say go for it!!!
Posted by: StuyHtshome at September 25, 2009 8:12 PM in response to Getting into Desirable Condo
Bxgrl - while I disagree with the owner trying to install a garage in place of the garden apartment, I love your tenacity. If you are not a lawyer, you should be studying for the LSATs :)
Posted by: StuyHtshome at September 25, 2009 8:08 PM in response to DOB Posts Letter of Intent to Revoke on St. Marks Ave
My best friend's uncle is at Corcoran. Super nice guy who has lived in Brooklyn for years so he knows his stuff. I don't have his contacts but you can look him up on Corcoran's website, his name is Greg Todd.
Posted by: StuyHtshome at September 25, 2009 7:25 PM in response to Choosing a Selling Broker
If one of these guys back out, please email me - etiennea at mac dot com
Posted by: StuyHtshome at September 25, 2009 7:20 PM in response to Free Chandeliers
We have an amazing attorney - total pit-bull and he will protect you. His name is Bill Bianco and he's based out of Queens. It's a family office so when you call, ask for the son - he's a Jr or roman numeral name.718-366-2600
Can't say enough good things about him. Tell him Andrea & Anthony sent you.
Also, never go with your broker's attorney. You need someone completely independent to protect you.
Posted by: StuyHtshome at September 25, 2009 7:18 PM in response to Need a Closing Attorney
May I ask - was the garden tenant/former owner still asked to leave? That's terrible.
Posted by: StuyHtshome at September 25, 2009 3:52 PM in response to DOB Posts Letter of Intent to Revoke on St. Marks Ave
Tinarina - that's what my husband keeps telling me.
Posted by: StuyHtshome at September 22, 2009 1:00 PM in response to Worst Broker Experience Ever
Oh my gosh, Babs. That's disgusting. Did you put him/her on blast on brownstoner?
Posted by: StuyHtshome at September 22, 2009 12:57 PM in response to Worst Broker Experience Ever
JTB - if what you say is true, then Alphono Gill must be a gazillionaire.
Posted by: StuyHtshome at September 22, 2009 12:51 PM in response to Worst Broker Experience Ever
We have the BEST lawyer, ever. I'm convinced. My husband says we should do it, I want to walk because it pains me to think of this guy making a penny on the deal and I basically loathe him at this point.
Posted by: StuyHtshome at September 22, 2009 11:32 AM in response to Worst Broker Experience Ever
VHR - that's awful. I'm so sorry to hear that you've gone through the same thing as we have.
How did you respond when the other deal fell through and they called you back?
Posted by: StuyHtshome at September 22, 2009 11:25 AM in response to Worst Broker Experience Ever
OP here - would you believe that we just got a call saying that this other deal fell through and now they want us to sign the offer? What to do.
JTB - I love your slime scale - very funny.
Posted by: StuyHtshome at September 22, 2009 11:23 AM in response to Worst Broker Experience Ever
OP here - my husband says its bad karma for me to actually name him here but here's a clue - when you go to his website, call his cell phone or office, all of the recordings say "Thank you for calling (blank) Realty, where the BEST experience in real estate starts now." Oh, the irony.
I think we are just going to move on and look for something else at this point - on principal alone, we won't up our offer. It was so disappointing because it took us one year to find a place where we liked both the block and the house.
Thank you everyone. I do feel better.
Posted by: StuyHtshome at September 22, 2009 10:24 AM in response to Worst Broker Experience Ever
Super slimy - I thought that the buyer's broker had an obligation to get our offer to the owners within a certain period of time. I feel so taken advantage of. I love the the owner of the company/buyer's broker told us that they had no idea the offer was coming in, it just showed up in the seller's agent's email - and for over the asking price. Obviously, this other party was coached. I can't stand being lied to.
Posted by: StuyHtshome at September 21, 2009 5:54 PM in response to Worst Broker Experience Ever
Responses to Author's Forum Comments
phil lavendar
marcus attorneys
718-643-6655
lavendar@marcusattorneys.com
He just closed an unbelievable difficult deal for us. He was patient, amazing and thorough especially dealing with a VERY tough seller's lawyer to contend with. I saw him in action at the closing table and I was so proud he was sitting on my side of the table. I recommend him highly!
Posted by: couldashouldawoulda at September 26, 2009 12:56 AM in response to Need a Closing Attorney
Maurice...how are you??? Unfortunately one of the Asshats from the OT who ad my email contacted me just before bobjohn so if he and bobjohn don't want them I;ll get back to you...and StuyHts, too.
Posted by: daveinbedstuy at September 26, 2009 10:15 AM in response to Free Chandeliers
Ooh! Another one: blueletters@gmail.com. Bronze would be perfect, we need it to match the one in our kitchen!
Posted by: bkrules at September 26, 2009 12:03 PM in response to Free Chandeliers
Joe O'Shea saved my bacon on two deals now. The first thing he did was to advise me to walk from the first deal when it started going sideways. Didn't want any money from us, so he was acting _against_ his best interest, which is rare for NYC lawyers. The second deal was with a real piece of work and he drilled right through all the crap and made it super-easy to get everything we wanted. Call him before the other party nambs him first!
646.206.1908
Posted by: b_green5 at September 26, 2009 9:27 PM in response to Need a Closing Attorney
emailed you bobjohn, never got a reply
Posted by: daveinbedstuy at September 27, 2009 5:40 PM in response to Free Chandeliers
Oh, and tell him Ben on Classon sent you. :)
Posted by: b_green5 at September 27, 2009 9:31 PM in response to Need a Closing Attorney
Good Morning, Please let me know if I'm able to get one of the chandeliers since bobjohn never got back to you.
Thank you
Posted by: flawlessphoto06 at September 28, 2009 9:46 AM in response to Free Chandeliers
Stuart Gorman
516 847-0389 good lawyer great prices only charge $600 for everything no hidden surprises [ this price was in spring 2005 ]
Posted by: stevenwilliams55 at September 28, 2009 10:07 AM in response to Need a Closing Attorney
Would love to get one of those chandeliers, if still available. My husband and I just bought and are renovating our first home, a brownstone. It would make a beautiful accent piece for our dining room. Please let me know! Thanks.
Posted by: Reidnic0815 at September 28, 2009 10:20 AM in response to Free Chandeliers
I am sorry, I made mistake in my email address.
I guess, I will pay for this with missing opportunity.
Posted by: bobjohn at September 28, 2009 11:32 AM in response to Free Chandeliers
Please excuse typos - sent from my b'berry
Posted by: StuyHtshome at September 25, 2009 8:37 PM in response to Mortgage Broker Recommendation