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Pitfalls of Reverse Mortgages

and mortgage brokers. Here are links to two articles describing some of the cautions and drawbacks ... Pitfalls of Reverse Mortgages

Smoke No More UNABRIDGED

Magazine Article by Bill Morris on September 01, 2012

the cigarette smoke emanating from his next-door neighbor’s apartment. The board asked the smoker to install

Answer to question Steve -

. Self-amortizing mortgages are fine but do not allow for any unexpected assessments. On the issue

Condominiums CAN Go Smoke-Free: Two Condo Boards' Instructive Efforts

Astoria, East Harlem, E. 110th Street

, a somewhat libertarian group that asked what would be banned after smoking. Smelly cooking? Drinking ... 's a problematic solution, however, since if the foreclosure succeeds, the mortgage lender — not the board

what monthly financials do you get

The board (or at least the board treasurer) should get all 4 items listed. If not, ask at your

High percentage of rentals

at is the percentage of units that are in sublets. I've been asked this direct question on many mortgage qualifiying

by-laws, voting, proprietary lease , not followed, few shareholder in building won't do anything

occupied at the annual meeting. The NY times lawyer called it mortgage fraud. . Basically every thing

roommates and illegal sublets not beeing counted

mentioned the child, and the apartments were studio or 1 bedrooms. I had asked this question in the NY

Co-op / Condo News: Dubious Board Eviction, Dubious Management Company

33 Fifth Avenue, 176-182 W. 82nd Street, Riverbend

Requires Brokers to Disclose Family Ties" by Malcolm Carter (Service You Can Trust blog) "Four ... 's owned a Fifth Avenue co-op since 1985, and residents of Harlem's Riverbend co-op are asking why

The Cost of Comparables UNABRIDGED

Magazine Article by Ronda Kaysen on August 01, 2012

overall values in a building and affect mortgage refinancing. ... -op. Appraisals by two different banks valued the apartment at $350,000 and $400,000. Her mortgage broker, Jordan ... Appraising Real Estate Mortgages

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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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