Hi Tony,
Coops are valued by factors and in our area dont seem to follow the same trends as real estate. If you need a market analysis holler at me and ill see what I can do for you. The time to sell is when your ready reguardless of the market condition. When you sell and then buy if its done in the same time frame your purchase should match the value of your sale. When its time to go..... get packing.... more
Hi, Sardar how about this? I would serve as your buyers agent on this steal
Property Details
Price: $79,900 Bedrooms: 1 Bathrooms: 1 Living Area Size: 870 Year Built: 1948
Wonderful building in Jamaica. Close to all transportation with easy access to Manhattan. This is a great property that will not last long! Dont Miss this investment opportunity. Schedule your personal tour today.
These distinctive characteristics represent factors which have a strong influence on this community. Factors are considered "distinctive" if this community falls into the top 25% for these characteristics nationally.
Stable Population
Moderate Residential Turnover
Closest Major Sports Teams: New York Mets
Community Summary
Population Growth (since 2000) 4%
Population Density (ppl / mile) 38,053
Household Size (ppl) 3.09
Households w/ Children 38%
Housing Stability
Annual Residential Turnover 18%
5+ Years in Residency 25%
Median Year in Residency 2.47
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
Studio $1,067
One Bedroom $1,154
Two Bedroom $1,284
Three Bedroom $1,580
Four Bedroom $1,776
The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average
Eric D. Jarman, Licensed Real Estate Agent
LEVAN REAL ESTATE
310 E 46th Street
New York, New York 10017
M: 347. 2074907
T: 212.686.9288
F: 212.656.1756
ej@LevanRealEstate.com
www.LevanRealEstate.com... more
you can check it out on our website or you can call one step up realty we can find you a nice coop in the neighborhood we can also help you t get mortgage.
Raffay Abid
Pone 516-739-2243... more
My first response would be to check with your lawyer. But you say "the lawyer has not returned my calls."
I'm not a lawyer, but...
The lawyer, I would assume, reports to the executor of the estate. Are you one of the executors? If so, the lawyer should have a fiduciary duty to respond to you. If not, then such a duty may not exist. If, for instance, your brother or another relative is the executor, then contact the executor and explain your question and concerns.
If that avenue is unsuccessful, you may need to hire your own legal counsel to represent your interests.
A few other points: Despite your stating that the house "sold" in November and was "purchased" by investors, without a closing the house was neither sold nor purchased. What may exist is a ratified contract. Now, presuming that there is a ratified contract, the contract should specify a time frame for the transactions. Just as with any other sale, the investors would have x days to seek financing, and the property would close within y days. That should be in the contract, and that's what governs.
You ask if there's some kind of deadline that a bank has to close on a house. The bank isn't closing on the house. The buyers are. They may be obtaining financing from a bank. Or they may have their own sources of cash. Or they may be using private investors. The contract will specify the time frame that the buyers have to obtain financing.
If I had to guess, based solely on what you've provided, I'd guess that the investors have been unable to obtain financing. Your lawyer (and real estate agent) should be on top of the matter. If they aren't, it's time for you to get directly involved.
Again, not legal advice. Just an opinion.
Hope that helps.... more