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The Second Time Around UNABRIDGED

Magazine Article by Jennifer V. Hughes on February 01, 2012

-based mortgage broker. Say an apartment was purchased for $500,000 and the borrower financed 80 percent of that ... Refinancing Mortgages Behavior-Shareholder & Board

Financial Management Tips: Second in a Series of Print 'Em Out Checklists

, would become delinquent in their payments. Voluntary receivership – asking a court to appoint a receiver ... co-op condo financial management, fundraising, monthlyfees, mortgage, printemout, refinancing

Apartment Buying 101 UNABRIDGED

Magazine Article on August 01, 2011

Forty-five management executives offer their answers to questions that buyers are asking ... . If the mortgage will mature within 12 to 18 months, I would ask about the building’s plans to refinance ... The definitive guide to questions that buyers are asking and that boards need to answer.

Brokerage Fee

shareholder's mortgage? I'm asking because you mention what sounds like taking the 1% fee for brokering

MORTGAGE REFINANCE

feedback from fellow Cooperators. We are a small bldg with 54 units and have secured a mortgage broker who ... MORTGAGE REFINANCE

A Mortgage Broker Reveals: Co-ops' Deadly Dozen Refinancing Mistakes

, and proceed to call bankers and mortgage brokers in hopes of uncovering a secret stash of cheap money ... Mistakes that create horror stories for co-op boards. Over the last 20 years, as a mortgage broker, I ... A Mortgage Broker Reveals: Co-ops' Deadly Dozen Refinancing Mistakes

Unhappily Ever After: Who Gets the Mortgage After a Divorce?

New York City

to keep the condo, and the mortgage is in both your names? Well, transferring that loan to your name only ... Transferring Mortgage After Divorce ... Unhappily Ever After: Who Gets the Mortgage After a Divorce?

A Mortgage Broker Reveals: Six Essential Steps to Co-op Refinancing

New York City

of a reputable mortgage broker to help you find the right lender for your new loan. Understand what a loan ... Refinancing an underlying mortgage loan is the most important decision a co-op board can make ... A Mortgage Broker Reveals: Six Essential Steps to Co-op Refinancing

Condo Associations CAN Borrow: A Mortgage Broker Tells You How

building's capital improvement needs. Patrick B. Niland, a mortgage broker, is the principal ... of solving them. I always hear of co-op buildings getting new mortgages to make improvements. Can't our condo ... Condo Associations CAN Borrow: A Mortgage Broker Tells You How

Too Many Investors Translates into Denied Mortgages

New York City

In this week's Ask Real Estate column in The New York Times, Ronda Kaysen fields a question ... Mortgage for Condo Denied ... Too Many Investors Translates into Denied Mortgages

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

slander

DP May 01, 2024

Why is not the Board giving access to Financial Records? What to do?

Gina Apr 02, 2024

coop insurance

DP Mar 28, 2024

Habitat Week by Week

Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.

Ask the Experts

learn more

Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

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