Home Buying in Brooklyn>Question Details

Holly, Home Buyer in Brooklyn, OH

I'm looking for a condo or coop in Bay Ridge. We have a good income but not lots to leave as downpayment

Asked by Holly, Brooklyn, OH Tue Jan 6, 2009

Large rooms a must (we are now in 7 rooms)
dining room
living room
decent kit
parking/garage (even if extra)

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I hope this answer can help you Holly, with in a co-op there is a managment company that takes care of the building etc etc. They require certain down payments, some require 5% but most that Ive come across require atleast 20% down. Your Best route would probably be a condo. Most condos go along the same financing lines as homes, and most of the programs availble for home buying are the same for condo buying. If you have any more questions or if you'd like to schedule some appointments to view some condos or co-ops please let me know, I have access to every availble property in Bay Ridge.

Thank You I hope this was a help

Lou Belisario
Fillmore Real Estate
0 votes Thank Flag Link Thu Jan 8, 2009

There is a conventional financing co-op program but it will require 5% down. I don't believe that there is a program requiring less than that down.

Is that alright?

Let me know if you have questions
Luke Allison
Flagstar Bank
0 votes Thank Flag Link Tue Jan 6, 2009
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