Asking Price Realty is Specializing in Coop Transactions
When you're looking to purchase real estate in the busy Queens area, it's difficult to find affordable housing within your budget. Instead of working through traditional real estate purchase channels, Asking Price Realty can help you find a co-op that gets you in the front door.
Co-ops Versus Traditional Real Estate Purchase You might be familiar with everyday real estate purchases that require you to care for the entire property or just the interior of a condominium. However, co-ops allow you to buy in as a stockholder or tenant. You'll be in charge of the property's interior, but all exterior improvements are the responsibility of the overall company owning the entire building. Owning the property is still part of the purchase, but you have limited responsibility to the overall structure. The Board of Directors Buyers cannot just purchase a co-op and move in immediately. There is a board of directors for the structure. You must interview with them to see if you're a good fit for the community. Co-ops are close-knit communities with strict rules. If you cannot follow certain rules, such as limiting visitors to the weekend, then you must look for another property. Real Estate Agents Become Your Representation Purchasing a co-op may sound intimidating, but an Asking Price real estate agent becomes your partner in purchasing power. Agents guide you through the co-op process, allowing you to understand all your responsibilities and the company's duties regarding property upkeep. You'll look over all property contracts with the agent and make any adjustments to come to a buying agreement. Your new co-op gives you a chance to become a homeowner at last. Always consult a real estate expert when dealing with co-op transactions. Because they're a specialized purchase, you need experienced individuals to guide the way. Asking Price Realty can get you the home of your dreams.
To get Pre-Approved for a coop mortgage please call (718)520-4000 or visit MortgageDepot.com
ML# :3535549 This spacious 888 square feet one-bedroom co-op apartment, situated on the first floor of the building, offers a spacious and well-designed living space. The apartment features a large living room that seamlessly flows into a dining area, providing a perfect setting for entertaining guests or enjoying quiet evenings at home. The kitchen has ample cabinet space, catering to both culinary enthusiasts and those with a busy lifestyle. The bedroom is generously sized, accommodating a king-size bed and additional furniture, with a large window that invites natural light in. The bathroom, accessible from both the living area and bedroom, is tastefully updated with contemporary fixtures. Additional highlights include hardwood floors throughout, ample closet space for storage, and the convenience of being on the first floor, ensuring easy access to the building’s amenities and the surrounding neighborhood. The #7 train is 3 blocks away. Pets are welcome! Subletting is allowed immediately with co-op board approval.
92-11 35th Ave Unit 1N, Jackson Heights, NY, 11372