We have all heard the Allstate slogan “you are in good hands with Allstate” which we understand is insurance to protect your car or home in case of a claim due to an accident or fire. But what about title insurance? I insist that my clients obtain this prior to closing on a home purchase. … More When To Call Your Title Insurance Company.
The state’s Business Corporation Law requires co-op corporations to maintain minutes of all board meetings. Reviewing the minutes could also reveal issues involving the heating system, plumbing, roof, or façade of the building. A review may reveal if the board is using assessments to offset proper budgeting. The minutes may state that the board is … More Is it Necessary To Review The Board’s Minutes Before I Buy a Co-op?
Obtaining financing for your co-op purchase can be a challenge for buyers as lenders are careful to consider the current financial status of the cooperative corporation. Add the fact that the co-op is an HDFC co-op and it can be a real long shot to expect that a lender will consider financing. This article from … More Financing an HDFC Co-op Can be a Challenge.