Can I get a reverse mortgage for a NYC co-op?

… A change to New York State law means coop shareholders aged 62 or older will soon be eligible for reverse mortgageswhich unlocks equity in a home without having to sell and move For many NYC seniors … published in April 2021 We are presenting it with updated information for December 2021 A reverse mortgage works by …

By Emily Myers |December 8, 2021 - 9:30AM
Buying a NYC apartment for a retired parent? Here's what to consider

… Although its not as common a scenario as a parent buying for a grown child  sometimes the script gets … a grown child buys a New York City apartment for their parent Thats what Luis Vargas wanted to do for his 67yearold … she liked  If you buy a condo for a parent the purchase should be fairly straight forward Condos dont have the …

By Emily Myers |July 14, 2021 - 9:30AM