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# :3593873
139-15 83rd Avenue Unit B22, Briarwood, NY, 11435
ML# :3593868
110-60 64 Rd Unit 58A, Forest Hills, NY, 11375
ML# :3593858
144-58 Sanford Avenue Unit 11, Flushing, NY, 11355
ML# :3593857
ML# :3593849
271-10 Grand Central Parkway Unit 24D, Floral Park, NY, 11005
ML# :3593841
83-40 Austin Street Unit 3C, Kew Gardens, NY, 11415
ML# :3593837
139-15 83rd Avenue Unit 109, Briarwood, NY, 11435
ML# :3593828
209-39 23rd Avenue Unit 4K, Bayside, NY, 11360
ML# :3593815
47-27 215 Place Unit 1A, Bayside, NY, 11361
ML# :3593805
209-80 18th Avenue Unit 3E, Bayside, NY, 11360