|
Just got back from the lawyer!
| Posted By |
Message |
MissJones
I need a nap!
Member since 5/05 22132 total posts
Name:
|
Just got back from the lawyer!
Signed the contracts  and were told a very important thing. That mortgage brokers often get co-ops and condos confused and that hey, guess what? you apparently can't get an 80/10/10 loan on co-ops. And that there is a certain NYC tax that we don't have to pay b/c it is a co-op that the broker told us we'd have to pay! Amazing!
|
Posted 7/26/05 7:01 PM  |
| |
|
Prudential Douglas Elliman Real Estate
Long Island's Largest Bridal Resource | Long Island Weddings |
sasha96
lovin' my 2 little ladies!
Member since 5/05 7401 total posts
Name:
Julianne
|
Re: Just got back from the lawyer!
sorry to hear about the 80/10/10 thing...hope it doesn't effect you! if you have a good broker they won't get a condo and co-op confused. when we bought the townhouse ours never got them confused! at least you won't have to pay that one tax! good luck with the new place!
|
| Posted 7/27/05 7:39 AM |
| |
|
Bebalina
<3
Member since 6/05 2922 total posts
Name:
N
|
Re: Just got back from the lawyer!
wow so confusing! But congrats on signing!!
|
| Posted 7/27/05 9:17 AM |
| |
|
Potentially Related Topics:
Currently 2070144 users on the LIFamilies.com Chat
|
