Brooklyn Real Estate Q&A and Info

A recent report on CNN Money indicated that in ninety-eighty of the top cities in the United States it is now cheaper to own a house than to rent. Low interest rates and real estate prices that are at or pretty close to rock bottom levels is one of the many factors.

What does that mean for you?  It means that if you’re looking to buy and you’re financially in position to do so (got credit, down payment money on hand and a good income) its a great time to buy.  It also means that if you have a lot of equity in your home and are looking to move to a less expensive market, its also a great time to sell as well!

Yesterday we closed on 540 Decatur street.   This wonderful two family brownstone loaded with a ton of original detail went from listing to closing in 61 Days!

It was a pleasure working with everyone involved, seller, buyer, attorneys, the mortgage guy, appraiser and engineers.  Everyone worked extremely hard and went above and beyond to get it done.  I’m exhausted but happy.

I can do the same for you.  Don’t lose your house to foreclosure or miss out on buying your dream home because you can’t sell the home you have quickly enough.  If you need to sell your property quickly and for the best possible price, give me a call at the number below, or email me by clicking here.  I have the know how and drive, and a list of professionals who can get it done.

I look forward to working with you,

Three Bedroom Rental in Bedford Stuyvesant
Only $1,800 a month
1 Block from the C Train
Quick Access to Manhattan and Downtown Brooklyn.

3 bedroom apartment with large rooms. It has hardwood floors throughout. Landlord pays heat, hot water and gas. Tenant pays electric. Pet friendly. Close to transportation. One Block from the C Train and major bus routes.

If you want to see this apartment, please give me a call a the number below, or email by clicking here.

The New York State Attorney General Eric Schneiderman has issued a consumer alert regarding rental scams that are being perpetrated on Craigslist.org.

Several scams investigated by the Attorney General’s office involved the scammer impersonating a landlord or broker by using a real listing from a legitimate source on Craigslist.org.  Almost all the information posted is accurate except the contact information. The scammers will will often post a telephone number with no voicemail, forcing interested parties to contact them via email.  They scammer will then ask perspective renters to make deposits that are to be wired to a bank account.

To avoid getting scammed, the Attorney General recommends checking the city’s property records to see who actually owns a property before renting there.  He also suggested that prospective renters ask the landlord if he or she is current on their mortgage payments, and then get the answer in writing.  Of course, you do not want to wire any funds to anyone anywhere under any circumstances.

In his statement, Mr. Scheiderman said, “Remember the simple adage, if it looks and sounds too good to be true, it probably is.”  If the rent being advertised is much lower than the going rate in the neighborhood, be wary and do your homework.

If you want to make sure you’re not going to get ripped-off, you can work with a Realtor to help you find an apartment.  Depending on the neighborhood, a Realtor will charge you 1 months rent or 12% of the annual rent as commission.  Its worth it simply for peace of mind.

OPEN HOUSE
365 Clinton Ave, 7A, Brooklyn, NY
Price Reduced! – $299,000
Sunday March 4, 2012 – 2:00 pm to 4:00 pm

Spacious and well lit, this apartment has it all, a large living room and a bedroom that can easily accommodate a king sized bed.

There’s an additional room that can be used as a formal dining room, second bedroom or office; you choose. Parquet floors and large windows with fabulous views make this a comfortable and attractive home.

The kitchen has granite countertops, microwave and matching stove and refrigerator. The modern glass front cabinetry includes a wine rack.

The bathroom has a pedestal sink and rain water shower head. Five nice sized closets insure that you have plenty of storage space.

There’s a recently renovated laundry room on site and 24 hour security and maintenance staff. Storage and parking available.

If you can’t make it to the open house, feel free to call me, text me, or email me at the number or email address below.