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# :3592346
30-06 29th Street Unit 6N, Astoria, NY, 11102
ML# :3593638
14430 Sanford Unit 1F, Flushing, NY, 11354
ML# :3593582
196-36 Pompeii Avenue Unit 2nd, Holliswood, NY, 11423
ML# :3593579
87-40 Francis Lewis Boulevard Unit B4, Queens Village, NY, 11427
ML# :3593517
67-11 152nd St Unit 215B, Flushing, NY, 11367
ML# :3593410
47-37 45th Street Unit 5L, Sunnyside, NY, 11104
ML# :3593409
ML# :3593207
30-11 Parsons Boulevard Unit 7E, Flushing, NY, 11354
ML# :3593078
87-18 Marengo Street Unit 2, Hollis, NY, 11423
ML# :3592937
94-10 59 Avenue Unit 5K, Elmhurst, NY, 11373