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Buying an apartment for your grown-up kid? Here's the 411 on getting a mortgage
… for starter apartments and dorms alike parents may opt to buyor help buyapartments for their grown children rather … quarter percent higher One more thing to keep in mind Since Fannie Mae doesnt allow for parents to buy for kids unless a child …
How do I compile an impressive-looking co-op board package?
… Q I have to make six copies of a board package I want to impress Are threehole … counsel for the Real Estate Board of New York REBNY Boards cant discriminate but its so subjective in terms of making a … view of a seller though I would want to make sure that both my broker and the buyer are wellversed in coop board …
4 good reasons to refinance your super’s apartment
… The financing and refinancing of the supers unit by a condo or coop building Low interest rates are one force … less than 5 years old … 2 … To raise money for capital improvements … Taking money out for capital improvements is … mortgage preapproval Related Top 12 questions New Yorkers ask their mortgage bankers sponsored How to finance a NYC …
Getting a mortgage as a couple: It's not for everyone
… When youre buying an apartment in a place as expensive as New York City … should be seriously invested in a relationship before you buy an apartment together But of course many relationships … Cooperative Bank To get a mortgage you need a rate lock So what is it anyway Selling your NYC apartment Your top 5 …
Why you might end up needing a guarantor next time you rent a NYC apartment
… If you follow the NYC rental market at all you know that prices continue to go up … Ellimans September market report the median price for rents in Brooklyn Manhattan and Queens is nearly $3500 … either Its really got to be a family member Parents are best she says Sometimes even renters making 40 times the …
Four ways to get around the guarantor problem
… If you arent lucky enough to make 40 to 45 times your monthly rent you might have trouble qualifying for an apartment where you can … to cosign the lease and agree to pay the rent if you dont These guarantors are generally required to have a …
Buyer beware: Learn from this HDFC co-op's mistakes
… in case you were wondering on West 106th street thats currently involved in a lawsuit Tenants claim the board has … a onebedroom in a central Harlem HDFC building is currently on the market for $235000 The average price for … last 90 days was almost exactly $100000 more$334517 per Streeteasy According to DNA Info if the building on 106th …