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insurers customarily entertain buyers’ mortgage brokers, lawyers and real-estate agents in order to win
for capital projects by taking out a mortgage. But a new niche product can help condos tackle pricey capital
refinancing their underlying mortgage – standing on the sidelines is no longer a good idea.  After hitting ... After years at artificially low levels, mortgage interest rates are rising rapidly – and probably ... Rising Mortgage Interest Hits Sales and Refinancing

Seeing It Through UNABRIDGED

Magazine Article by David Bogoslaw on January 25, 2018

for the job, the board refinanced the building’s underlying mortgage, pumping an additional $2 million

Borrow It! UNABRIDGED

Magazine Article by Lisa Prevost on January 25, 2018

not have the ability to raise funds for capital projects by taking out a mortgage. CIRA loans are different

Longacre Takes the Long View UNABRIDGED

Magazine Article by Paula Chin on January 25, 2018

– like taxes, mortgage, and utilities – with ongoing funds, and pay for one-time capital projects

Illegal Spaces UNABRIDGED

Magazine Article by Kathryn Farrell on January 25, 2018

and then … adjusting it. “Everybody does it,” says a broker who requested anonymity. “When they go to sell it
to the title once they plunk down their cash. Title insurers customarily entertain buyers’ mortgage brokers
Mortgage broker Patrick Niland, president of First Funding of New York and a former co-op board
on and off the market since 2015, while the asking price slid from $9.5 million to $6.99 million; the asking

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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

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