New York Real Estate Blog: October 2008

How to Buy a Short Sale or Foreclosure In Brooklyn NY

If you have considered buying a home, the timing could not be much better than it is today. Those of you who have read some of my earlier blog posts have read my comments about waiting to acquire in late 2008 as there will be some grand deals coming.

Well, it is October 2008 and deals are waiting to materialize.

SEARCH over 50,000 homes online for FREE and be the first to know about HOT NEW LISTINGS before other buyers do, please visit http://www.allnylistings.com/

Vincent Martinez Realtor

SEARCH over 50,000 homes online for FREE and be the first to know about HOT NEW LISTINGS before other buyers do, please visit http://www.allnylistings.com/

How to Buy a Short Sale or Foreclosure In Queens NY

If you have considered buying a home, the timing could not be much better than it is today. Those of you who have read some of my earlier blog posts have read my comments about waiting to acquire in late 2008 as there will be some grand deals coming.

Well, it is October 2008 and deals are waiting to materialize.

 

SEARCH over 50,000 homes online for FREE and be the first to know about HOT NEW LISTINGS before other buyers do, please visit http://www.allnylistings.com/

Vincent Martinez Realtor

SEARCH over 50,000 homes online for FREE and be the first to know about HOT NEW LISTINGS before other buyers do, please visit http://www.allnylistings.com/

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Vincent, What is Loan Modification?

Loan modification allows homeowners and lenders to adjust the conditions of a loan in order to help out the borrower continue in the home and steer clear of foreclosure. It is significant to note that a loan modification is not a new mortgage. A loan modification is the renegotiation of an existing loan.

With a loan modification, it's possible that a homeowner's:

  • interest rate may be decreased
  • interest rate can be changed from an adjustable to a fixed rate
  • time the borrower has to pay the loan back can be lengthened
  • loan principal may be decreased
  • late fees may be waived
  • second mortgage could be waived or wiped off of the books

Email me at ProRealtor@verizon.net to discuss a loan modification and prevent foreclosure. Do it today. You must act fast to save your home!

 

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/ Vincent Martinez Realtor

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

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Foreclosure Help for Queens NY

It's a simple truth that today's real estate marketplace is nothing like any we have seen in the past. It is at this point more vital than ever to work with experienced professionals that understand how to navigate today's dangerous waters. The intention of this post is to inform you about the options you have as you are already in pre-foreclosure or may be heading towards a notice of default.

Prudential Real Estate is a full service real estate company specializing in every aspect of Real Estate and Short Sale Negotiations. We work directly with homeowners, mortgage lenders, the top real estate professionals and investors on a national scale. Working on your behalf, we put forward and negotiate the short sale requirements with your lender(s) with the goal of the negotiating a value to get your home sold in the fastest, most resourceful way possible.

We can help you assess if a short sale is right for you.

Here are some of your options:

  • Loan Modification (saving your home is just a phone call away... call or email me ProRealtor@verizon.net to find out more about this simple process)
  • Short Sale (process takes roughly 60-90 days depending on your bank(s)
  • Refinance (this may be an option)
  • List Your Home (doesn't matter if you're in the pre-foreclosure stage)
  • Deed in-lieu Of Foreclosure (process takes roughly 90 days depending on your bank)
  • Foreclosure (time is of the essence and you need to ACT IMMEDIATELY!)

For a quick over the phone evaluation call Vincent directly at 646-294-2561 or email your questions or request to ProRealtor@verizon.net

 

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

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Foreclosure Help for Brooklyn NY

It's a simple truth that today's real estate marketplace is nothing like any we have seen in the past. It is at this point more vital than ever to work with experienced professionals that understand how to navigate today's dangerous waters. The intention of this post is to inform you about the options you have as you are already in pre-foreclosure or may be heading towards a notice of default.

Prudential Real Estate is a full service real estate company specializing in every aspect of Real Estate and Short Sale Negotiations. We work directly with homeowners, mortgage lenders, the top real estate professionals and investors on a national scale. Working on your behalf, we put forward and negotiate the short sale requirements with your lender(s) with the goal of the negotiating a value to get your home sold in the fastest, most resourceful way possible.

We can help you assess if a short sale is right for you.

Here are some of your options:

  • Loan Modification (saving your home is just a phone call away... call or email me ProRealtor@verizon.net to find out more about this simple process)
  • Short Sale (process takes roughly 60-90 days depending on your bank(s)
  • Refinance (this may be an option)
  • List Your Home (doesn't matter if you're in the pre-foreclosure stage)
  • Deed in-lieu Of Foreclosure (process takes roughly 90 days depending on your bank)
  • Foreclosure (time is of the essence and you need to ACT IMMEDIATELY!)

For a quick over the phone evaluation call Vincent directly at 646-294-2561 or email your questions or request to ProRealtor@verizon.net

 

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

How Much Is My Queens Home Worth?

If you're thinking of selling your house or investment property, the first thing you should inquire is "How much is my home valued at?" Being well-informed on market trends in your neighborhood gives you the greatest chances of selling your home without delay and for the best price possible. Click Highest Price Analysis to request a free over the net evaluation of your home. We hope to support you in selling your home because we strive to surpass your expectations and goals toward Queens NY property needs. 

 

Vincent Martinez Realtor 

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

How Much Is My Brooklyn Home Worth?

If you're thinking of selling your house or investment property, the first thing you should inquire is "How much is my home valued at?" Being well-informed on market trends in your neighborhood gives you the greatest chances of selling your home without delay and for the best price possible. Click Highest Price Analysis to request a free over the net evaluation of your home. We hope to support you in selling your home because we strive to surpass your expectations and goals toward Brooklyn property needs. 

 

Vincent Martinez Realtor 

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

Just Sold - 64-84 58th Rd. Maspeth, NY 11378

64-84 58th Rd. Maspeth NY 11378

Property Description 

Gorgeous One Family In Maspeth Horseshoe. New Wood Floors, New Windows, Beautiful Custom Kitchen, New Bath With Jacuzzi. Close To Everything. Remodeled Main Floor With Kitchen, Full Bath. Close To Everything. Skylights, Side Entrance Leads To Yard. 3 Blocks To Q58 & Q59 Bus Stop On Grand Avenue To M,G,R,V Trains.

Bsmt/Subfl- Full Finished Basement

1st Floor- Lr, Dr, 1Brm, Full Bath, Eik

Lot Size- 17 X 95

Lot Square Footage- 1615

Building Size- 15 X 36

Approx Int SqFt- 540

Taxes- $1,311

School District- 24

Zoning- R4

SOLD For $355,000!!!!!

Listing Price: $385,000

Sold Price: $355,000

Contract Date: July 17th, 2008

Title Date: October 10th, 2008

SOLD For $355,000!!!!!

 Vincent Martinez Realtor

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

 

SEARCH over 50,000 homes online for FREE and be the first to know about HOT NEW LISTINGS before other buyers do, please visit http://www.allnylistings.com/

Vincent, What’s an REO?

REO stands for Real Estate Owned ans in essence it's a Bank Owned property. At this point a property is a full blown foreclosure. This means the lender has repossessed by the foreclosing. Typically, the lender has taken ownership either through what's called a died-in-lieu-of-foreclosure arrangement with the title-holder during the pre-foreclosure stage or through a winning bid at the public auction.

Foreclosing lenders are frequently motivated to put on the market bank-owned properties without delay because they are non-performing assets... and that's GREAT news for you!!

Email me at ProRealtor@verizon.net to find out what REO's are available near you.

Vincent Martinez Realtor

To find the value of your home with a FREE, over-the-net home HIGHEST Price Analysis, please visit: http://www.newyorkmarketvalue.com/

 

SEARCH over 50,000 homes online for FREE and be the first to know about HOT NEW LISTINGS before other buyers do, please visit http://www.allnylistings.com/

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