Home Buying in Jeromes Park>Question Details

Hridita, Home Buyer in Jeromes Park, Bronx,...

Buying a co-op, is this a good idea?

Asked by Hridita, Jeromes Park, Bronx, NY Wed Feb 24, 2010

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The best way to find out about a co-op is to look at the financials of the building. Then I would see how many units are owner-occupied as opposed to investor or sponsor owned. Then talk to people who live there to see how well the building is kept up. I have lent in numerous co-ops throughout the Bronx and Westchester. Feel free to call me at 718-904-0004 if you have questions about a specific co-op.

Edward Angelino
Power Express Mortgage Bankers
3609 East Tremont Ave
Bronx, NY 10465
0 votes Thank Flag Link Wed Feb 24, 2010
Will you be happy living there, will it suit your lifestyles needs, etc. a decision only you can make based on your wants and needs.
0 votes Thank Flag Link Wed Feb 24, 2010
When buying any real estate, in order to find whether it's a good idea or not, you have to evaluate your long and short term goals. If you plan on living in any property for more than 5 years, then it's usually a good idea. Obviously, each property may be different and has to be evaluated on its own merits. If I can assist you, please feel free to contact me.

Ralph Windschuh
Certified Buyer Representative
Senior Real Estate Specialist
Associate Broker
Century 21 Princeton Properties
0 votes Thank Flag Link Wed Feb 24, 2010
Hi Hridita,

If you are looking to buy a co-op in Jerome Park, there are many options. Co-op listings start at $69,000. Not sure what questions you have about buying a co-op in Jerome Park but a good place to answer questions about the neighborhood would be the New York Times. There are some articles in recent years that might be of interest to you.




Robin Lynch
Keller Williams Realty Group
0 votes Thank Flag Link Wed Feb 24, 2010
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