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Financing in 11372 : Real Estate Advice

  • All42
  • Local Info1
  • Home Buying23
  • Home Selling2
  • Market Conditions0

Activity 5
Thu Dec 8, 2011
Annette Levinson answered:
Basilo,
It would cost you approximately $5,000 to refinance. If you take Terry's figure of saving $166.82 per month, it would take you almost 36 months to recoup your cost. Jackson Heights is great but how long to you plan in staying in the coop? ... more
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Sun May 15, 2011
Annette Levinson answered:
Does the coop allow you to rent out before living in it? If so, I have private lenders who can do this.
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Thu May 5, 2011
Scott Butcher answered:
Yes you can. Talk to a local mortgage professional to get a better idea for loan pre-approval. Expect to put anywhere from 15-25% as a down payment and pay a slightly higher interest rate than what you see listed in the newspaper.

Good luck.
... more
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Thu Nov 18, 2010
For Sale By Owner answered:
As a Jackson Heights co-op seller, I was sorry to hear this. Hope that it works out for you. Our board has never had this problem, but perhaps because the coop does not carry a mortgage and our finances are solid. Was this with one of the original garden buildings? Wishing you the best. http://ElmCourtApartment.com ... more
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Wed Jul 22, 2009
Sol asked:
i'm refinancing. Bank lost the proprietary lease, now they want a new one. Who should pay for the fees.
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