I have 1 bedroom apartment in Kew Gardens,NY. Very nice area. If you want picturies I could sent to you. Give me your e-mail.

Hi Alexandr. Take the last two years of your Federal tax return to your Bank. See the Coop loan officer and ask for a loan pre-qualification. Your Bank knows what assets you have and they will run a credit check. These three elements: Tax returns, Assets and Credit will determine what they would feel comfortable in lending to you. The other aspect will be what you intend on leaving as a total downpayment.
Once you know what you can truly afford, I suggest you talk to a Realtor regarding looking at properties for purchase. We know the buildings and what their requirements are, especially post-closing liquidity. we can also refer you to Attorneys. You will need advise and counsel to prepare the board package properly for a successful interview. By the way, The Federal Tax Credit window is closing fast. Coops take at least three months to close after an accepted offer and you know time flies by quickly. Feel free to contact me at your convenience.

Hi Alexander,
If you haven't done so already, my first recommendation would be to speak with a reputable mortgage broker or bank to ascertain what your mortgage amount will be. Secondly, are you aware that most coop boards require down payments of either 10%, 20% or in some cases higher. So you would at least a 10% down payment plus your closing costs - which usually run between 4% and 6% of your mortgage amount. If you are a first time home buyer, I am a certified buyer representative which means I have the ability and training to work FOR you rather than for the seller. If you have a chance, please contact me at your convenience.

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

Hi Alexander,
Would you be interested in a co-op at HillTop Village in Hollis, NY?


Beryle