Home Improvement and Interior Design Discussion Blog

Financing a co-op can pose special financial challenges. Some boards require a 30 to 50 percent down payment and allow financing for the balance, while others don’t. Every board is different and the practices differ depending on the area. For...

Much of the advice that goes with purchasing a condo also applies to buying a co-op, but there are some other key points to keep in mind as well. 1. Ask co-op members and supers which agents are most active in selling the co-op you’re interested in....