New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

CO-OP/CONDO BUYERS


WHAT CO-OP/CONDO BUYERS NEED TO KNOW

Apartment Owners and Buyers: 

Buying a NYC co-op or condo apartment is one of the biggest investments you'll every make. This purchase is more than just buying a home, it's investing in a housing corporation. Articles, here, will help you understand what your investment really means, and how to make a safe one.
Plus, get check out: 
The Co-op/Condo Owner's Manual

A co-op board loses a lawsuit after rejecting a purchase price as too low.

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The Fed's half-point cut in the benchmark interest rate will be felt next year.

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Buyers from outside the city have accounted for nearly one-quarter of home sales this year.

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Drops in mortgage rates and possible drops in interest rates are fueling optimism.

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Brokers are prohibited from using compensation as a filtering mechanism for listings.

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The Federal Reserve is expected to start lowering interest rates in September.

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Real estate agents advise buyers to peg offers to the value of the property as they see it.

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Sponsor units tend to cost more and have higher closing costs.

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Buyers are growing tired of paying high rents while rating for interest rates to drop.

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Duped condo buyers avoid foreclosure, create a limited-equity co-op.

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Ask the Experts

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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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