their mortgages to Fannie Mae aren’t allowed to do — slaps this new limit not only on cooperatives, but also ... the Federal National Mortgage Association, commonly known as Fannie Mae, instituted on March 31. A broker
shareholders had been asking for them to be replaced at every annual meeting, but we never felt comfortable ... mortgage came due. With an eye to future capital projects, the board refinanced its mortgage for $2
. "That way, the old company will be ready when I make contact asking for documentation, such things ...
It can be a board's worst nightmare: lost documents, misrouted tax bills, misfiled mortgage
work on to make the building as attractive as possible to mortgage lenders.
Reserve funds. Your co ...
A READER ASKS: I am on the board of co-op in Queens. A few years ago, we had a problem ... Ask Habitat: Why Are Sales Drying Up at Our Co-op?
matters more to a younger demographic.
Ginger Brokaw, associate broker for Town Residential, said ... in Manhattan, hosted a broker roundtable during which nine real estate experts discussed sustainable design
a forum for owners to ask questions or vent
A board's ability to comply with all pertinent legal ...
You survived the mountain of paperwork, you scored your first mortgage, and you passed the board
Sign up for email newsletters, alerts, and digital e-news to stay informed about what's happening in the co-op/condo community. A must for board directors, property managers, professionals and vendors!
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.
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
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!