Allison Jaffe | Bronx Real Estate, Westchester Real Estate, Manhattan Real Estate


83-85 Woodhaven Boulevard, Call Listing Agent, NY 11421  

Residential
$164,900
Price
1
Bedrooms
1
Baths
Make this compact, top-floor unit your own with a little or a lot of updating. An affordable 1BR in the well-maintained Forest Park Co-Op, nestled in a corner of expansive Forest Park. Low M/M of $471.35 includes electric, gas, heat, water, RE taxes; additional fees for a/c units & d/w. Max 80% financing. Application fees total $650. Flip tax $300/share w/39 shares. Two cats are allowed; dogs are not. Subletting not allowed. Building amenities: laundry room, bike room; garage & storage bins waitlisted. Enjoy many Forest Park amenities such as: golf course, ball fields, handball, playground, carousel, skate park, sitting areas, walking & bike paths. Q11, Q21, QM15, and BM5 stop at the corner, walk to Q52 & Q53 SBS at Myrtle Ave and J & Z trains at Jamaica Ave. Shop Jamaica Ave or take the short ride to Queens Center. Easy access to JRP and all highways. Co-Op Application MUST be reviewed and approved prior to submission.



This listing recently sold for $400,000.

146 Longvue Terrace, Yonkers, NY 10710  

Residential
$474,900
Price
$400,000
Sale Price
4
Bedrooms
3/1
Full/Half Baths
Opportunity is waiting on this nearly .25-acre lot in the always desirable Colonial Heights neighborhood. The roof and gutters of this worn charmer are nine years young, the Dunkirk gas furnace and 88-gallon hot-water heater are about five years new. A SIGNIFICANT TAX REDUCTION EXPECTED, contact O'Donnell & Cullen for details. This gracious 1940 home was expanded with a large dormer in the 1970s to four-bedrooms, 2-1/2 baths with original details including solid wood doors; brass and crystal door hardware; hardwood floors, and over 1900sf of living space with an EIK, formal DR, LR, family room, and first-floor master bedroom, plus a two-car garage, covered and open patios, basement laundry, attic storage. Full sets of plans are in the Yonkers DOB. Walk to the Manhattan express bus and local buses to White Plains and the Bronx plus miles of shopping/dining on Central Avenue; 1.4ml to MetroNorth. Basic STAR is $1,183.


The amount of time it takes to find the perfect residence varies from buyer to buyer. In some instances, a buyer may fall in love with the first residence that he or she views in person. Or, in other cases, a buyer may need to attend several home showings and open house events before he or she finds the right residence.

It ultimately may take more than a single day to find your dream residence. Lucky for you, we are here to help you streamline your quest for your dream house and ensure you can find the right home faster than ever before.

Now, let's take a look at three tips to help you accelerate your search for your ideal house.

1. Create a List of Homebuying Criteria

You know you want to buy a home as quickly as possible. With a list of homebuying criteria at your disposal, you'll be better equipped than ever before to discover a house that suits you perfectly.

Think about where you'd like to reside and the features you want in your dream house. Then, you can narrow your house search and move one step closer to finding a residence that matches or exceeds your expectations.

2. Get Your Finances in Order

Pre-approval for a mortgage can make a world of difference, particularly for a buyer who wants to speed up his or her home search. If you learn about all of your mortgage options, you can select a mortgage that complements your finances and enter the real estate market with a mortgage in hand.

Many banks and credit unions employ friendly, knowledgeable mortgage specialists. By meeting with various financial institutions, you can learn about a broad array of mortgage options. Plus, you can receive comprehensive insights into fixed and adjustable-rate mortgages and make an informed mortgage selection.

3. Collaborate with a Real Estate Agent

For those who want to quickly and effortlessly find their dream residence, it may be beneficial to collaborate with a real estate agent. In fact, a real estate agent can help a homebuyer remove the guesswork commonly associated with searching for a residence.

A real estate agent understands what it takes to discover a great residence at a budget-friendly price. First, he or she will meet with you and learn about your homebuying goals. A real estate agent then will put together a personalized homebuying strategy. Next, a real estate agent will help you put your homebuying strategy into action. And when you discover your dream residence, a real estate agent will help you submit a competitive offer to purchase this house.

As you get ready to conduct a house search, you may want to hire a real estate agent soon. If you have an expert real estate agent at your side, you can get the help you need to find your dream house. Best of all, a real estate agent will go the extra mile to ensure you can seamlessly navigate all stages of the property buying journey.


2310 Glasco Turnpike, Woodstock, NY 12498  

Residential
$385,000
Price
3
Bedrooms
2
Baths
This quintessentially casual Woodstock retreat is itself a child of the ‘60s. A unique contemporary nestled on a quarter acre in the woods w/a stream in back & welcoming koi pond in front. Inside a modern kitchen has stone counters & a pass-through to the sunken living room, large dining room, family/game room w/kitchenette, first floor bedroom & full bath, two upstairs bedrooms sharing a full bathroom, & finished attic space (currently a yoga/meditation loft.) Outside a sun-dappled yard & bluestone patio are perfect for entertaining, family grilling, and individual chilling. This year-round home is suitable as a primary residence or country get-away two-hours from NYC. Walk, bike, or drive into the village of Woodstock – quaint & bustling w/many restaurants, shops, & services. The Trailways bus from Port Authority in NYC stops right on Main Street. Discover this special house in the crisp country air of fall/winter and be home next summer for some well deserved R&R.


“Short sales” may have one of the most deceiving names in real estate. Any client who is undertaking the purchase of a short sale property will ask, “Why is this taking so long?” Short sales generally happen due to lapsed payments on a mortgage. In the short sale, the owners take a loss on the property, but it saves them from being foreclosed on by the bank. Many of these sales are circumstantial by divorce, or a sudden change in job. The seller asks the bank to take less money than the amount owed on the house in a short sale transaction. 


If You’re Buying A Short Sale Property


If you have made an offer and the seller accepts it, your dealings are far from over in a short sale. The seller’s bank needs to approve the sale. Since the bank is losing money in the deal, this is where the hold up can be in the entire transaction.


The First Step


The seller’s bank must review the short sale package first. The seller needs to submit a complete picture of their finances to the lender. The seller’s credit score will also be reviewed. A bank would not approve a short sale if, let’s say, the seller happened to have a lot of extra cash just sitting in a bank account. The lender needs to protect themselves.


The listing agent should be on top of all of the paperwork that should be done in order to have the transaction approved. As a buyer, you’ll appreciate a good short sale listing agent. 


Make Sure Everything Is In Order


There’s a lot of paperwork to sign in order to get a house. There’s even more paperwork to sign in order to secure the purchase of a short sale. If just one page of the documents are missing or one signature is left unsigned, the entire process can be slowed down even more. As a buyer, you should confirm that all the required documents have been signed and received. 


Another problem that can occur is that documents quickly become outdated. Bank and other financial statements are a good example of this. By the time paperwork is ready to go through the lender, last month’s bank statement could be completely outdated. The lender will then need an updated statement, holding up the process even more. The seller and agent need to be ready for these circumstances. The faster the lender is responded to, the smoother the process will go.          

 

Remember You’re Working With Two Banks


When you’re purchasing a home that’s a short sale, you’ll need to deal with two banks- your lender and the bank handling the short sale. Be mindful of the timelines that each bank has. If you aren’t, you could be approved hours too late to buy the property, leaving you and the seller to start from scratch. 


Buying a short sale is risky because there is always a greater chance the sale will fall through or succumb to foreclosure due to some kind of circumstances beyond the buyer or the seller’s control. If you have the right realtors on both sides of the table, the process of buying a short sale should go as smoothly as can be expected.