Co-ops
… If youre considering buying an apartment in New York City be prepared … statements and personal and professional recommendations It can all feel downright excessive However all that scrutiny … recommendations to include details like She helped me when my kids were sick he explains Two high school teachers who …
… a condo or coop is a greater sense of community Many rental buildings have a revolving door and youre not afforded the opportunity to get to know your neighbors Rental buildings are trying to change this by building huge lounge … than a rental building with the exception of luxury rental buildings said Matthew Hughes a broker at Brown Harris …
… program HomeFirst which will provide roughly 1000 firsttime buyers with loans over the next five years The move doubles … of the AMIabout $130450 for an individualcan apply … What else do I need to know before applying … To be eligible … to cover an $850 application processing fee as well Before buying New Yorkers must complete a homebuyer education …
… Most New York City coop and condo buildings require buyers to submit voluminous application … and so much preparation involved you would think that coop boards would explain to buyers why they may have turned them … down rejection is very rare but it does happen However coop boards can reject buyers for any reason as long as it doesnt …
