ebbpedna, Home Buyer in New York, NY

this is all cash how is it listed with a 981/month. what is the hoa fee?

Asked by ebbpedna, New York, NY Sun Mar 3, 2013

This question was asked from this property: http://www.trulia.com/property/3050327956-100-Remsen-St-1K-B…

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Ella Reape, Agent, Nashua, NH
Sun Mar 3, 2013
Kathryn is correct, this coop does not own the land, so it's sharply priced for an all cash deal because there is no financing opportunity with this building.
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Kathryn Lilly, Agent, New York, NY
Sun Mar 3, 2013
This is an all cash deal, the 981 is an automatic digit with the Trulia listing system, to let people know the approximate monthly bank loan rate (if it was being financed) the monthly maintenance is $1,340.00
The Reason this listing is All cash is probably because the Co-Op is one of the rare buildings that is on a land lease. That many Banks do not like for giving a co-op loan on.
Kathryn Lilly, Broker
Realty on the Greene, LLC
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Ella Reape, Agent, Nashua, NH
Sun Mar 3, 2013

I'm not sure of your $981 reference.

The maintenance is $1340/monthly and there are $293 in monthly assessments.

Let me know if you have any more questions.

Thank you,
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