I have a one bedroom Condo for $189K common charges are only $249.00 a month (includes: heat, hot water, cooking gas). You pay your own electric. The apartment has been updated with a renovated kitchen and bath. Also, there is a terrace as well. Its a garden building - total of 6 apartments in building. There is a washer / dryer facility in premise (small but at least you dont have to leave the building). If you are interested feel free to give me a call at the number below. Thank you,
Andrea Scelisi
Real Estate Agent
Century 21 Amiable II
Ascelisi@aol.com
1-718-593-4948
http://www.andreascelisi.com/
My URL: myspace.com/realestatefortherealworld
Request me on Facebook.com
Request me on Linkedin.com http://www.youravon.com/ascelisi

"Always ask for your Realtor by Name...Andrea Scelisi. "
My success is only as good as the REFERRED TESTIMONIALS of my clients so please visit http://www.andreascelisi.com/ and see what people are saying about me! Can you think of anyone that would like to purchase or sell a home that can use MY Services? Thank you for working with me! "

We are looking for 1br 1ba co-op or condo...Prefferably condo...with a budget for purchase of around 190K and about 20K for downpayment. We also really don't want the monthly payments to go over 1300 max 1400 including maintenance and insurance. Do you think it's posible to find something within these numbers?

We are also planning on getting pre-qualified for mortgage before we start looking at the apartments for a quicker process down the road.

Typically they are not as flexible but in fairness to the buyer if we package you up correclty and present a very qualified buyer that would get approved by a bank in this market an owner might be more open to negotiate. However, everything is still dependent on the owner decision. In regards to condos its whatever the bank is willing to finance you . What exactly are you looking to purchase?


Andrea Scelisi
Real Estate Agent
Century 21 Amiable II
Ascelisi@aol.com
1-718-593-4948
http://www.andreascelisi.com/
My URL: myspace.com/realestatefortherealworld
Request me on Facebook.com
Request me on Linkedin.com http://www.youravon.com/ascelisi

"Always ask for your Realtor by Name...Andrea Scelisi. "
My success is only as good as the REFERRED TESTIMONIALS of my clients so please visit http://www.andreascelisi.com/ and see what people are saying about me! Can you think of anyone that would like to purchase or sell a home that can use MY Services? Thank you for working with me! "

Thank you so much for the clarification. As I understand because there is no board approval, the sponsor apartments are generally more expensive and not as flexible in negotiations, is that right?

Andrea, how about condominimum apartments in Howard Beach? I believe they do not have minimum downpayment requirement as well, am I correct?

Hello: In Howard Beach COOPs down payments range from 20% to 33.3% depends on the building. There are a handful of sponsor units in Howard Beach; that I handle. Sponsor apartments do not have any board approval and typically do not have down payment requirements. However, in the market most banks would like to see about 20% down from the buyer.

If you have any additional question feel free to contact me:

Andrea Scelisi
Real Estate Agent
Century 21 Amiable II
Ascelisi@aol.com
1-718-593-4948
http://www.andreascelisi.com/
My URL: myspace.com/realestatefortherealworld
Request me on Facebook.com
Request me on Linkedin.com http://www.youravon.com/ascelisi

"Always ask for your Realtor by Name...Andrea Scelisi. "
My success is only as good as the REFERRED TESTIMONIALS of my clients so please visit http://www.andreascelisi.com/ and see what people are saying about me! Can you think of anyone that would like to purchase or sell a home that can use MY Services? Thank you for working with me! "

The downpayment on a particular coop is determined by the coop board's rules. Many coops do ask for 20% down and many others only require 10%. You have to go on a case by case basis. Condos are different since there usually is no "board." Usually only a management company or homeowners association. In those cases, it will depend on what your bank or lending institution requires for a particular loan product. If you're interested in being represented in your purchase rather than working with an agent that works for the seller or if you have any other questions, please feel free to contact me.

Ralph Windschuh
Associate Broker
Certified Buyer Representative
Century 21 Princeton Properties
631-467-0009
rwindschuh@c21princetonproperties.com