I agree with Janet M. Nation
you can go to the financial institution that has approved the building, or another that will approve the building, but bear in mind:
the two big trouble-zones that not every banker knows how to deal with are
1) Seller Paid Flip Tax
2) Shares allocated in an HDFC are 250 and room count changes.
These are the two issues that banks base their rejection of an HDFC building.
Not Every Bank professional KNOWS how to go through the process of the paperwork that will approve the building.
If you have the time and effort to get through the hoops, that's fine, but having sold 8 HDFC Coops already, I realize from experience that the above problems are the reasons not just any bank is going to approve an HDFC Coop mortgage loan.
While you and the rest of the Trulia public are searching for that new place to call home, don't forget to drop by the RIVER TO RIVER HARLEM OPEN HOUSE EXPO Saturday April 6 and Sunday April 7 that REBNY (Real Estate Board of New York, here in New York City) is hosting. from 9:30 to 10:45am on each day, Chase bank is hosting a continental breakfast, and from 321 LENOX AVENUE (Corner of West 126th Street - take the #2 or #3 subway to 125 Street) you can have a peek at coops, Conos, and Townhouses in East, West, and Central Harlem from
11am to 3pm Saturday and Sunday.
I will be at my listing
504 West 135th Street #2B for those four hours each day.
I hope to see some of the public there in my HDFC Coop asking $249,000 with a low maintenance of $380 for a small two bedroom apartment in the back of the building, closer to Amsterdam Avenue on West 135th Street. It's just one flight up in a walkup building.
There are plenty of places to consider in the HARLEM OPEN HOUSE EXPO, presented by the Upper Manhattan Committee.
My favorite banker with Chase is Justin Keesey, 718-614-5610 or email firstname.lastname@example.org
He is kind, intelligent, efficient, and really brilliant.
Enjoy the holiday this weekend, and enjoy the EXPO Next weekend. lots of listings. Start at 9:3am to 10:45am Saturday or Sunday at the Meet and Greet at CORNER SOCIAL 321 Lenox Avenue corner of West 126th Street, and drop over to see me
Text or Call me if you are downstairs