you dont NEED one, but with access to the mls and the details about each listing, it would only benefit you... also, nowadays even if the listing states that your responsible for the commission, do not settle, the landlord is usually willing to pay all or half of the commission, so make sure you hire a realtor who knows how to put these requests in the most professional way possible, saving you money upfront. good luck.... more
I have owned a co-op and currently live in a condo on Prospect Avenue where there are 3 very nice co-op buildings -- Sherbrooke, Eiffel Tower, and Whitehall. The main criteria required to purchase are great credit,
past 2 years tax returns, and an income/debt ratio of 4 to 1. Sherbrooke and Eiffel require 20% down payment, and Whitehall wants 50% down. Each building's maintenance varies depending on what they include in the maintenance charge. In addition to the credit report and the tax returns, the co-op's will also ask for much more information; i.e., your pay stubs, bank statements, investments, etc. Co-ops are a bit complicated to describe all the details in this e-mail, so feel free to call me any time at 201-233-5278 and I can provide you with all the details.
Vice President/Broker Associate
Mark DeLuca Realtors
You do not necessarily need a closet in the room - this is coming from an appraisor that came to our office meeting and spoke on this specific subject...- as long as the room is a certain dimension ( not a tiny closet to put a bed in) you can count it as a bedroom, must have window and heat and a door ! If you are buying a home on Septic - and its a 3 bedroom home - then the Septic should be for 3 bdrms !... more