Service Areas
About Mohammed Mudassir
Credentials
LICENSE
Specialties
- Buyer's Agent
- First Time Home Buyers
- Home Sellers
- Listing Agent
- Luxury Specialist
- Move-Up Sellers
- Residential Real Estate
FAQ
Answered Questions
Start the search now, since pet friendly houses rent fast. Have a pet resume ready: vet records, a photo, and a reference from your last landlord. Ask an agent who handles rentals to send you listings the day they hit. Message me and I'll connect you with a rental agent in Orange County who has handled pet friendly leases...
An auction company markets the house for a few weeks and sells it to the highest bidder on one day. Ask about the fee, the buyer's premium (a charge added to the buyer's price), and whether there is a reserve, meaning a minimum price, or it is absolute. It is fast, but bidders expect a discount. Before you choose an auction, let an agent get you two or three as is cash offers in a week so you can compare; that often nets more and closes about as fast. If the house is on Long Island, Iqra and I can do that for you. Elsewhere, I can connect you with someone local.
Today, email your attorney and the paralegal on your file together....List the survey documents sent 25 days ago and ask who is reviewing them and whether you still close on schedule. Then call the lender's closer, who knows what is outstanding. Two days out you can still save the date, but someone has to own the survey today. Ask your attorney at contract signing for a weekly two line update, in writing.
First the facts. In New York, the buyer's attorney and title company usually order the municipal searches, not your agent. So the search delay may sit on the buyer's side, and that matters for who owes you. Have your own attorney send the buyer's attorney a time of the essence letter, which sets a firm closing date with consequences in the contract. Write to your agent's managing broker about the missed lender change. If your attorney still will not call back, write to the firm's managing partner. Keep every receipt for the $150 a day; whether you can recover it depends on your contract, and your attorney reads that.
You are going about it in the right order: house hack first. A two family you live in qualifies for owner occupied financing, and FHA lets you buy a two family with 3.5 percent down, against the 20 to 25 percent an out of state investor loan asks. One to two hours out from the city, a $450,000 two family is still in reach. With 100k you can cover the down payment, closing costs and six months of reserves. You have to live there at least a year, so pick a place you can commute from. Run the payment, then subtract the rent from the second unit: https://hellomuds.com/monthly-payment/
