by Debra Guzov | Guzov's Good Advice, Real Estate Legality
In New York, about 75% of residential buildings are cooperatives. From 2000 to 2010, the Department of Aging has recorded that there has been a 12.4% increase of the 60-plus population, which will grow to 35.3% by 2030. Many of these individuals aged 62 and...
by Debra Guzov | Guzov's Good Advice, Real Estate Legality
Thinking of buying a new co-op or condo in New York and unsure what type of loan to get? Traditionally, co-op and condo buyers ask for a fixed-rate mortgage—a loan in which the interest rate does not fluctuate throughout the term of repayment. The benefit of this is...
