| Buying
a coop is very much like buying any other property. You will have to figure out
where you want to live and what you can afford. There
are some elements peculiar to coops. Remember that when you buy a coop, you are
actually purchasing shares in the coop corporation. Why is that important? Because,
the stability of the coop can directly impact on your investment. What
can you do? I recommend that you make sure you've got a great team on you side.
Any attorney can represent you - but not every attorney is expert in analyzing
the underlying strengths and weaknesses of a coop. There
are lots of good realtors out there. But not every realtor can guide you through
the maze of strong and weak coops and help you avoid coops with poisonous boards.
We have helped
hundreds of clients navigate the process of financing a coop and would be honored
to help you as well. Call
us at 800-281-1155 or fill
out our simple form and we'll contact you. |