Are there any co-ops on E. Hartsdale Ave (or side streets from there) that will accept 10% down?

Rc
Other/Just Looking
10708

Answers (2)
Dave A. Wallace
Broker
Ardsley, NY

The following co-op buildings in Hartsdale are 10% required: 30 East Hartsdale Avenue, 45 East Hartsdale Avenue, 68 East Hartsdale Avenue, 100 East Hartsdale Avenue, 111 East Hartsdale Avenue, 119 East Hartsdale Avenue, 141 East Hartsdale Avenue, 155 East Hartsdale Avenue, 177 East Hartsdale Avenue, 1 Rockledge Road, 3 Rockledge Road, 20 Rockledge Road, 35 Rockledge Road, 40 Rockledge Road, 51 Rockledge Road, 133 Rockledge Road... HAPPY HUNTING...

Wed Jun 24 2009, 18:55
Christopher Pag...
Agent
10591
FIRST ANSWER

Hi, There are a large number of coops that will accept 10% down in this area, I know it pretty well. One thing to think about is that if you put only 10% down you will reuire PMI (Private Mortgage Insurance) from the bank. Heres the catch new regulations state that if you have under a 700 credit score you won't qualify for PMI and will have a problem unless you put 20% down and don't require PMI. If you have never bought a coop before there are a few things you should know regarding the board requirements and process in general.

Sincerely,

Christopher Pagli
Associate Broker
Legends Realty Group
914.406.9023

Fri May 22 2009, 14:00

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