Loretta Nastasi, Real Estate Professional in Brooklyn, NY Email Phone
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Loretta Nastasi

"Proven Expertise & Results You Can Count On (917) 837-0774"
  • 4 Answers
  • 5 Blog posts
  • 9 Listings
Broker at Fillmore Real Estate/Coldwell Banker Resident
Experience:
Licensed Real Estate Associate Broker for Fillmore Real Estate June 2007—present
Residential Sales Specialist with Expert Knowledge of the Brooklyn Real Estate Market…
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Specialties:
Residential Real Estate Sales in the neighborhoods of Southwest Brooklyn, NY and Monmouth County, NJ
Certifications
& Awards:
Top Producer
Chairman's Club
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About:
Loretta Nastasi is a Licensed Real Estate Broker Associate Broker in New York as well as a Licensed Sales Associate in New Jersey.
Loretta has an exceptional
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Testimonials:
""After interviewing various real estate agents and agencies, my family and I decided to sign with Loretta Nastasi. We wanted someone who would be honest ... show more
Loretta Nastasi answered:
Hi Belinda

Coop Boards are looking for a prospective buyer who is well qualified financially and generally require a downpayment in the range of 20-30% of the purchase price. They will review your employment and credit history and may do a criminal background check.

While owning a coop is as you say, ownership in a corporation in terms of shares of stock rather than ownership of real property as in a condo or single family home you will still be able to claim a deduction on your taxes. You should confer with your accountant but generally you will be able to deduct your mortgage interest as well as the portion of the total annual maintenance which includes the building's mortgage interest and real estate taxes.

Best of luck to you with your new home purchase.

Loretta - Mon Mar 9, 2009
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