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# :3592592
88-25 155th Avenue Unit 2B, Howard Beach, NY, 11414
ML# :3592602
26910 Grand Central Parkway Unit 15C, Floral Park, NY, 11005
ML# :3592628
263-03 74 Avenue Unit 2, Glen Oaks, NY, 11004
ML# :3592503
140-35 Beech Ave Unit 3L, Flushing, NY, 11355
ML# :3592489
137-40 45 Ave Unit 2C, Flushing, NY, 11355
ML# :3592469
138-43 68th Drive Unit 2nd fl, Flushing, NY, 11367
ML# :3592466
18-05 215th Street Unit 16S, Bayside, NY, 11360
ML# :3592460
210-50 41st Avenue Unit 1F, Bayside, NY, 11361
ML# :3592483
144-30 78 Rd Unit 1H, Flushing, NY, 11367
ML# :3592475
67-30 Dartmouth Street Unit 1P, Forest Hills, NY, 11375