What’s a co-op lien search? Why would you need one?

… title insurance to cover you against thirdparty claims As shareholder in a coop you need to do the same due diligence … mortgages liens or judgments that might encumber the coop shares says Lauren T Piechocki a real estate attorney with … to make sure the sellers mortgage was paid off so the shares and lease are no longer collateral for the mortgage …

By Emily Myers |June 13, 2019 - 10:00AM
Can I afford a starter apartment in a NYC co-op?

… you If youll pay all cash there may be some options in a studio or a tiny one bedroom says Deanna Kory a broker with … before approving you  Mortgage approvals are based on income debt assets credit scores and reserves in order to … is $2400 from Social Security the coop will typically allow you to spend between $600 and $800 per month which is 25 …

By Alanna Schubach |June 3, 2019 - 9:00AM
Need help buying a place in New York City? This new company co-funds the down payment on a condo or brownstone

… Citys hefty down payment requirements make it hard for many to get the funding in place to buy an apartment  One new option takes a page out of the … ownership  You dont want to be in a situation where you are buying at the top of the market and at a competitively high …

By Emily Myers |May 8, 2019 - 12:00PM
5 perfectly good reasons to rent instead of buy in NYC

… and plenty of bargaining power In addition asking prices are slipping According to Douglas Ellimans  first quarter … over year No one can predict the bottom of the market but brokers will tell you the combination of low interest rates … when the market conditions are unfavorable says Brady  Its worth mentioning coop boards wont like to see a lowball sale …

By Emily Myers |May 2, 2019 - 10:00AM
I’m priced out of my NYC neighborhood. What are my options?

… always look like a ball pit Kids grow up They even leave home To maximize the square footage you have while theyre … … Crown Heights … Inwood … jumbo loans … Kensington … landlords … Long Island City … mortgage … Prospect Lefferts Gardens … Queens … rentals … renting … roommates … Williamsburg … Im priced out of my NYC …

By Emily Myers |April 9, 2019 - 9:00AM