Buying a home is one of the most significant financial investments you’ll make in your lifetime. The goal of every home buyer is to purchase the best home at an affordable price with the most favorable mortgage.
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The total cash required to purchase a co-op as opposed to a condo differ greatly in two main areas: the down payment and required cash reserves.
Co-op boards are not required by law to provide you with a reason for flat out rejecting your application. Maybe it was your financial situation, or maybe it was your shoes.