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Capital Improvement Loan

a lender (NCB, Meridian mortgage brokers) who will do one that small. Any suggestions other than

Mindy NCB Rocks!

and in demand. Stay away from mortgage brokers whatever you do and beware prepayment penalties. Good luck!

Corruption Concerns UNABRIDGED

Magazine Article by Bill Morris on October 01, 2009

’t be known for a while, but recent corruption concerns mean boards need to be asking tough questions ... -op and condo boards were scrambling to make sure their money was safe. And people were asking a chilling

Caveat Emptor

Some brokers are trying to push reverse mortgages as the quick-fix for senior's financial concerns

Borrower’s Burden: Can a Co-op/Condo Get a Loan with No Prepayment Penalty?

New York City

an existing underlying mortgage for most buildings. Patrick B. Niland, a mortgage broker, is the principal ... With very rare exception, all underlying mortgages have prepayment penalties. Many people think

Deftco Dupe: How a Finance Company May Have Ripped Off Four Co-ops

for 2009. The board explained the situation, then asked Manson to try and get the money back. Manson wrote ... to raise monthly maintenance or impose an assessment. The obvious alternative was to refinance the mortgage

How to Buy a NYC Co-op Condo Part 2

303 W. 66th Street, The Bayside Mews, Bay Terrace

the buyer, and just deal with the broker." The Board: Farewell, My Lovely The dame was buying a co ... , we met the dame they called The Buyer and we interrogated a couple of brokers and a seller. Now we

Land-Lease Co-ops Gain Right to Renew Leases Before Expiration

New York City

prevented from taking out conventional 30-year mortgages, which crippled apartment values and made them ... New law restores ability to take out 30-year mortgages, preserving apartment values.

Condominium Common Charges

-owner is actually the owner of their unit and get a mortgage from a bank to help with the purchase price ... , they have an issued deed. They get a mortgage from a bank, usually to help with the purchase price

Capital Inprovement Financing

mortgage or get secondary financing. What lenders besides NCB and CPC do underlying mortgages and do any

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 2024

Habitat Week by Week

Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.

Ask the Experts

learn more

Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

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