Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… The concept of a seller loaning a buyer the money to buy their property may strike you as … City brokers say it is neither Instead seller financing a rare yet creative way to fund a deal is something you may … with seller financing like this twobedroom twoandahalfbath condo 534 West 42nd St PH8 represented by Mariana Bekerman …

By Jennifer White Karp |December 29, 2023 - 3:30PM
Does a shareholder need approval from their co-op board to get a reverse mortgage?

… equity in their property The process for receiving board approval for a reverse mortgage is very similar to when a … mortgage adds to their existing loans and means their apartment will likely become their banks property when the … you cant borrow more than 60 percent of the value of your apartment Landis says   If your board approves the reverse …

By Celia Young |October 30, 2023 - 2:30PM
Here's why it's so hard to get condo questionnaires filled out by management companies

… loan or owner looking to refinance you might not realize the process involves a behindthescenes tug of war over a document called a condo … board has done the work of finding and hiring a management company they want to step out of the way I dont think anyone …

By Jennifer White Karp |August 17, 2023 - 4:00PM