Once the offer is accepted and the deal sheet is sent out, there’s still work to be done if you’re buying a co-op. And you probably have plenty of questions: Who exactly is looking at all this data, what are they looking for, and who is responsible for the due diligence at this step? Let’s […]
When you buy a co-op or condo in New York City, it’s easy to focus more on the apartment (its price, size, and location) than the building–let alone the personality and temperament of the co-op or condo board that runs it. But make no mistake: Beyond deciding whether you may become an owner in the […]
The good news about the co-op board interview is that the vast majority of turndowns–based on a buyer’s financial package–occur before an interview takes place. Attorneys have counseled their boards to do this in order to cut down on lawsuits alleging discrimination. That means that most of the time, if you’ve gotten to the interview, […]
