Home Buying in New Rochelle>Question Details

Looking To B…, Home Buyer in New Rochelle, NY

Looking for a sonyma realtor for Westchester/Bronx area.

Asked by Looking To Buy, New Rochelle, NY Thu Jan 14, 2010

Looking to buy a Co-Op in New Rochelle/Yonkers/Westchester. I would like a realtor who is familiar with SonyMa Mortgages.

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You want to buy a co-op? I have written a blog on the ten steps to ownership. A co-op is an asset like any other piece of real estate except you are not really buying the property. A co-op is not condo. When you buy a condo you are buying the actual site (like a house). In a co-op, or cooperative, you are buying shares of a corporation (which is leasing you back the place where you will live). It is a North-Eastern phenomenon that made ownership affordable. So the process is like buying a house, except usually you must get approved by your fellow share holders (the Board).

Copy the link below to read my blog. I am ready to assist you. If you need a Westchester Realtor...AskRey.

http://www.askrey.net/blogs/rey_hollingsworth_falu/archive/2…

Rey Hollingsworth Falu
Licensed Associate Real Estate Broker
Houlihan Lawrence - Bronxville

Direct 917-855-0277
rhollingsworth@houlihanlawrence.com
Web Reference: http://AskRey.net
0 votes Thank Flag Link Fri Jan 15, 2010
The State of New York Mortgage Agency (SONYMA) provides safe, low interest fixed-rate mortgages, closing cost assistance and other programs specifically designed to help low- and moderate-income families become homeowners.They also offer mortgage insurance. If you would like more information I can be reached at debbiem@kw.com
0 votes Thank Flag Link Thu Jan 14, 2010
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