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Westchester Home Buyers Tax Credit
Basic Qualifications and Conditions
Q. What are the basic eligibility requirements for a first-time home buyer?
To qualify as a first-time home buyer, you cannot have owned a home that was your principal residence in the three years prior to closing.
Q. What are the basic eligibility requirements for repeat buyers?
To qualify as a “step up” or repeat [...]
Multi family listing in queens, astoria. New property
Rummy Dhanoa | Keller Williams Realty Group | 914-438-8840
34-30 10th St, Astoria, NY
This is a short sale subject to bank approval.This property is only 7 yrs old build in 2001 . ONLY PROPERTY IN ASTORIA
6BR/4BA Multi-Family, 4 units
offered at $870,750
Year Built
2001
Sq Footage
2,840
Bedrooms
6
Bathrooms
4 full, [...]
What are shortsales? Short Sale in Westchester , Short Sale Bronx
A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure auction or bankruptcy. Instead of buying from a seller, you are purchasing the property directly from the lender for a discount. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $300,000. You [...]
How is the Seller’s Credit Effected By a Short sale?
Sellers will take as big a hit on their credit by going through foreclosure as giving the lender a deed-in-lieu of foreclosure. Points lost on a FICO score are as follows:
Foreclosure or Deed-in-Lieu of Foreclosure
Both of these solutions affect credit the same. Sellers will take a hit of 200 to 300 points, depending on overall [...]
Top 10 Seller Short Sale Questions..
Number 10
I can’t make my house payments, but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score…is a short sale right for me?Probably, not. In cases where the seller can pay back all or part of the negative equity (usually to [...]
Workshop for Short Sale and New FHA guideline, Thursday 20 at 6: 30
Liberty Homes & Estate, Inc Is having a work shop for New and Old investor wanting/educated you on Short Sale and the New FHA Guideline. Email me at RummyDhanoa@hotmail.com for a RSVP. Its free of charge, Speaking is a lawyer who deals with Short Sales also a mortgage loan officer that will give you details [...]
Short Sale /Scarsdale /Edgemont School
Don’t want to pay 40K property taxes a year but wants to build your DREAM HOME in Edgemont?
An existing Brick Ranch set on Over Half an Acre in prestigious,top-ranked Edgemont Schools. Circular Driveway. Ideal for In-law Setup! Plans are in place and approved for 6488 sqft house(Inclusive of above ground basement.) This is an [...]