Asking Price Realty is Specializing in Coop Transactions
When you're looking to purchase real estate in the busy Queens area, it's difficult to find affordable housing within your budget. Instead of working through traditional real estate purchase channels, Asking Price Realty can help you find a co-op that gets you in the front door.
Co-ops Versus Traditional Real Estate Purchase You might be familiar with everyday real estate purchases that require you to care for the entire property or just the interior of a condominium. However, co-ops allow you to buy in as a stockholder or tenant. You'll be in charge of the property's interior, but all exterior improvements are the responsibility of the overall company owning the entire building. Owning the property is still part of the purchase, but you have limited responsibility to the overall structure. The Board of Directors Buyers cannot just purchase a co-op and move in immediately. There is a board of directors for the structure. You must interview with them to see if you're a good fit for the community. Co-ops are close-knit communities with strict rules. If you cannot follow certain rules, such as limiting visitors to the weekend, then you must look for another property. Real Estate Agents Become Your Representation Purchasing a co-op may sound intimidating, but an Asking Price real estate agent becomes your partner in purchasing power. Agents guide you through the co-op process, allowing you to understand all your responsibilities and the company's duties regarding property upkeep. You'll look over all property contracts with the agent and make any adjustments to come to a buying agreement. Your new co-op gives you a chance to become a homeowner at last. Always consult a real estate expert when dealing with co-op transactions. Because they're a specialized purchase, you need experienced individuals to guide the way. Asking Price Realty can get you the home of your dreams.
To get Pre-Approved for a coop mortgage please call (718)520-4000 or visit MortgageDepot.com
ML# :3593409
47-37 45th Street Unit 5L, Sunnyside, NY, 11104
ML# :3593207
30-11 Parsons Boulevard Unit 7E, Flushing, NY, 11354
ML# :3593078
87-18 Marengo Street Unit 2, Hollis, NY, 11423
ML# :3592754
83-60 118 Street Unit 4C, Kew Gardens, NY, 11415
ML# :3592711
139-15 83 Avenue Unit 406, Briarwood, NY, 11435
ML# :3592460
210-50 41st Avenue Unit 1F, Bayside, NY, 11361
ML# :3592367
66-15 Wetherole Street Unit C10, Rego Park, NY, 11374
ML# :3591647
86-10 151st Avenue Unit 6B, Howard Beach, NY, 11414
ML# :3591589
61-20 Grand Central Parkway Unit A700, Forest Hills, NY, 11375
ML# :3591443
Jackson Heights NY, 11372