Home Buyer, East Orange, NJ
If you call the office at Harrison Park Towers-- A Cooperative Building, they are often aware of the owners in the building who either are willing to lease/rent with an option to buy. I own a unit that currently has a couple that is only leasing, but is not interested in buying. Since I have relocated, my preference is to sell the unit. There is an issue: while my unit once appraiseed for $141,000, while I am not certain, the current market value is below $80,000. So, to relieve me of my mortgage, a buyer would need a sizeable cash payment, but would then have a mortgage of $250 to $300 a month.