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# :3591848
150-15 72 Rd Unit 1A, NY, 11367
ML# :3591780
54-40 Little Neck Parkway Unit 1J, NY, 11362
ML# :3591770
87-70 173rd Street Unit 3E, NY, 11432
ML# :3591747
78-14 Austin Street Unit 1C, NY, 11375
ML# :3591740
102-12 65th Avenue Unit C43, NY, 11375
ML# :3591739
98-120 Queens Blvd Unit 4C, NY, 11374
ML# :3591721
99-60 63rd Rd Unit 7R, NY, 11374
ML# :3591720
61-04 255th Street Unit 993, NY, 11362
ML# :3591719
89-15 Parsons Blvd Unit 12D, NY, 11432
ML# :3591708
35-10 150 Street Unit 6A, NY, 11354