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Bronx : Real Estate Advice

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  • Local Info127
  • Home Buying405
  • Home Selling42
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Activity 2,137
Earlier today
Antoinette Campbell asked:
IMy name is Antoinette Campbell, I have lincs2 voucher of $1956.43. A family of 6 and 2 other sources of income looking for a three or four bedroom my contact number is 3473557844
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Fri Jun 23, 2017
Kathy Burgreen answered:
Listings can have mistakes online. It's not false advertising because the listing may be correctly entered in the MLS system and when it syncs to websites, it may sync incorrectly.

As for pet friendly rentals, most landlords in NYC do not allow pets. You need to learn that insurance policies which landlords are required to have do NOT cover liability and damage from tenants pets. It's too expensive. Landlords find it much cheaper and easier to rent without pets. If you have pets, you need to buy pet insurance with liability and damage coverage. Once you show proof of coverage, landlords might accept you.

I know of 2 rental complexes in New Rochelle that are pet friendly. One is at 120 / 130 Pelham Rd. and the other is Marina's Edge (10 thru 50 Davenport Ave.). By car from the Bronx: take Pelham Parkway to Shore Rd (past City Island & Orchard Beach - follow the traffic circle around) and continue on Shore Rd. North. This becomes Pelham Rd. Continue until you see Trinity Elementary School on your right The complex is the next driveway entrance (120 - 130 Pelham Rd.). From there, continue north on Pelham Rd. at next traffic light bear right and that is Davenport Ave.
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Fri Jun 23, 2017
Lisajlisajoyce answered:
Hello I am looking for a 3 bed room apartment for Linc 2 and the rent is 1956 call me at 9293388844
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Thu Jun 22, 2017
Yesenia2445 asked:
Sun Jun 18, 2017
Gcelestine65 answered:
I have linc and I'm looking for a 3 or 4 bedroom im voucher is for 1,956 TEXT ME 347 933 8136 or Email me Gcelestine65@gmail.com ... Brooklyn ,Ny
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Thu Jun 15, 2017
Shamgreenz asked:
Wed Jun 14, 2017
Elizabeth Cortez asked:
Before I can even set up an appointment to view the apartment the real estate agent asked me to submit my personal information and a nonrefundable fee
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Tue Jun 13, 2017
RBman answered:
They can basically ask you anything (see the article below). The only questions I believe which are illegal are ones which violate Fair Housing Laws (i.e. discriminatory). With that said, there are a few standard questions that often come up which you should be prepared for. Article below has much more: ... more
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Thu Jun 8, 2017
Kathy Burgreen answered:
The issue is your pets. I know of 2 rentals that accept pets - both in New Rochelle. If you don't have a car, take the 12 bus (Pelham Parkway) to Pelham Bay subway station. Then take the 45 bus and get off on Pelham Rd. & North Ave. (ask driver to let you off at Trinity Elementary School). From Trinity School by North Ave. walk to the building complex at 120 - 130 Pelham Rd. That complex is a rental that allows pets. Try to get in touch with the super & the property management company.

From that building complex at 120 Pelham Rd., walk a bit further North & stay to the right - past Harbor House. Up the hill on the left is Marina's Edge. It's a co-op but many residents are on Section 8 & they allow pets. They also have regular rentals. The address is 10 - 50 Davenport Ave.

The Harbor House complex at 3 Davenport Ave. is a rental but does not allow pets.
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Mon Jun 5, 2017
Solomonjohnson911 answered:
Hey, dude! I've found something exactly suitable just for you. Nice apartments in Bronx, 2bdrms but pet-friendly and cheap. https://rentberry.com/apartments/s/bronx-ny/2-bed/pet-friendly ... more
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Mon Jun 5, 2017
Trevor Curran answered:
Good morning Nicole,

The impact is the same for second-time Buyers and for all other Buyers using the FHA loan program: the Annual Mortgage Insurance Premium which is included in the monthly mortgage payment by 1/12th has not been lowered. This eats into the amount that Buyers qualify for in their mortgage loans. The more items allocated to Insurance, Mortgage Insurance, Property Taxes (higher versus lower), the less money available in the Debt-To-Income calculations for Principal and Interest.

I hope that helps!
Trevor Curran
NMLS #40140
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Thu Jun 1, 2017
Kathy Burgreen answered:
I'm a recently retired realtor in Westchester and I did work in the Bronx. The 20% down just proves that your buyer is a strong buyer and wants to avoid paying mortgage insurance. What should be a MAJOR issue is the $400,000. offer. Are you listed with a realtor or selling by owner? Did you review at least 5 comps (comparable homes in your neighborhood that have recently sold, are under contract and those currently for sale)? How did you arrive at your asking price of $470K?

I know the Bronx really well. I also lived here for 13 years (years ago and visited frequently to see my father in law). My point is the price is critical because the neighborhoods vary drastically. If your home is along Pelham Parkway or Riverdale for example, you cannot price it the same as if your home was in Parkchester or south of Fordham Rd.

You can try to counter the offer and see if the buyer will come up in price. Ask if he/she will lower the 20% down payment (see if they will go down to 10% and come up in price 10%). However, make sure you are not asking for a higher price that is too high for your neighorhood. How is the condition of your home? The condition matters a lot to determine price.
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Tue May 30, 2017
Arias.constellation asked:
Tue May 30, 2017
NoryYesenia Santiago answered:
Hello, my name is Nory Yesenia Santiago and interested in the rent-to-own program. I will like to know or this program you have to but down 10,000 to start? Because I have called a few that advertise the same and when gone to the office I asked for this amount.
I have a combined income of more than 60K but my credit is not too good is 600. I'm looking to move ASAP and don't want to rent. Where I'm currently living she is selling and is remove all the tenants so we all have to move by the end of June. I'm looking for an apartment and in my search for an apartment is basically the same amount of rent for a 2 bedroom apartment than owning a house through the program you are offered.
This is my contact number (646)246-7242 if I don't pickup is that I'm teaching just text me, I will return your call.
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