6 reasons why your mortgage application might be denied or delayed that have nothing to do with you

… Even if you are a wellqualified New York City buyer with good credit and … with the building  A missing certificate of occupancy  a buildings lack of  reserve fund a low owneroccupancy ratio … can typically lock in your rate for 60 or 90 days but after that you either pay weekly extension fees or lose your rate …

By Brick Underground |November 11, 2025 - 4:00PM
Buy a co-op at a discount: All about HDFCs and how to get one

… ranging in price from $85000 for a one bedroom in the Bronx to $185 million for a two bedroom on Riverside Drive … tens of millions of dollarshas been part of a class action legal fight and HDFC owners won a significant victory in … HDFC apartments so you can reach out to them for advice and resources as your first step Its  Cooperative Improvement …

By Evelyn Battaglia |August 11, 2025 - 10:30AM
Here are 8 real co-op board reference letters from successful buyers

… Buying a  New York City coop is a lot like applying for a job Not only do you have to … more weight to executives who are in a position to conduct interviews as part of their job Avoid family members as well …

By Brick Underground |August 1, 2025 - 9:30AM
The pros and cons of buying a co-op sponsor unit: You don't need board approval, but you'll likely pay a premium

… If youre looking to buy a coop in New York City the term sponsor unit may … in a sponsorowned coop allows you to finance as much as the banks will allow you said Melissa Cohn regional vice … from a sponsor you typically do not have to pay the transfer tax more on that below Chalk it up to paying a …

By Celia Young |July 24, 2025 - 11:30AM