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Prioritizing Repairs, p.2

— accountant, attorney, managing agent and maybe a good mortgage broker, if I may be so bold — you can do it

Prioritizing Repairs When Your Co-op / Condo Board Has No Money

As a longtime mortgage broker, I can tell you that the first step is to break the problem down ... matters worse, your underlying mortgage has a huge prepayment penalty, so refinancing is out

What Lies Beneath? UNABRIDGED

Magazine Article by Ruth Ford on May 01, 2010

duplexes or offer to buyers as new units. It was an exciting idea, but Troy, a real estate broker

Miracle Workers UNABRIDGED

Magazine Article by Patrick Niland on May 01, 2010

options for financing. However, with an existing mortgage and a steep prepayment penalty, there's no way ... in preserving that collateral. So, you might ask for a second mortgage and/or a credit line to fund some or all ... Mortgages Refinancing Renovation ... Ask the Mortgage Broker

Finding Out About the Franchise Tax UNABRIDGED

Magazine Article by Bill Morris on May 01, 2010

These can be taxing times for many co-ops and condos, in more ways than one. Ask the small co

What the Hell's the Co-op / Condo Franchise Tax, And How Bad Is It?

that by the equalization rate for the city, which is 45 percent. (4) Subtract liabilities, such as mortgage and accounts ... ways than one. Ask the small co-op in Chelsea that saw its franchise tax double recently because

2010 May

Ray Hoey ▶ Ask the Mortgage Broker What to do when you need a miracle ▶ Case Notes Divorce, co

Reserve Funding UNABRIDGED

Magazine Article by Bill Morris and Tom Soter on April 01, 2010

income from maintenance. Fannie Mae and Freddie Mac will not provide federal mortgage loan guarantees

Board Lives: Board President John Stucki UNABRIDGED

Magazine Article on April 01, 2010

cared started asking me what I was going to do about it. I said, “I can’t do anything, it’s a co-op. We

Sponsors as Property Managers, p.2

get what you want without even having to ask. In late July, Penmark announced it was voluntarily

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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

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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

Source Guide

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