Gea Elika's Blog, page 64

Offering Plans for Co-ops and Condos in NYC

Anyone with plans to purchase a sponsor-owned condo or co-op in NYC needs to understand an offering plan. Your attorney will provide this and will detail some important protections you…

The post Offering Plans for Co-ops and Condos in NYC appeared first on ELIKA New York.

Offering Plans for NYC Co-ops and Condos

Anyone with plans to purchase a sponsor-owned condo or co-op in NYC needs to understand an offering plan. Your attorney will provide this and will detail some important protections you…

The post Offering Plans for NYC Co-ops and Condos appeared first on ELIKA New York.

Studio Apartment vs. One-Bedroom: Which one is Right for You?

When looking for a home in New York City, you might find that your budget limits the available choices to either a studio or a one-bedroom apartment. These types of…

The post Studio Apartment vs. One-Bedroom: Which one is Right for You? appeared first on ELIKA New York.

Can You Sell a Home with a Lien on It?

The home sales process can be pretty nerve-wracking, even at the best of times. For sellers, one of the scariest moments will be the due diligence period. This is when…

The post Can You Sell a Home with a Lien on It? appeared first on ELIKA New York.

Should You Join Your NYC Co-op or Condo Board?

Most people who sit on co-op or condo boards in New York City tend to skew towards older age ranges. The main reason is that sitting on a board can…

The post Should You Join Your NYC Co-op or Condo Board? appeared first on ELIKA New York.

The Risks of Buying a Home Without a Broker in NYC

Buying a home is a big deal, perhaps the biggest you’ll ever come across. As such, you should come prepared with a broker to ensure you get the best deal…

The post The Risks of Buying a Home Without a Broker in NYC appeared first on ELIKA New York.

What Repairs are Condo and Co-op Buildings Responsible For?

Every home needs love and care if it is to remain in prime condition. For NYC renters, most of this maintenance will be the responsibility of the landlord. A burst…

The post What Repairs are Condo and Co-op Buildings Responsible For? appeared first on ELIKA New York.

What Repairs Do Buildings in NYC Take Care Of?

Every home needs love and care if it is to remain in prime condition. For NYC renters, most of this maintenance will be the responsibility of the landlord. A burst…

The post What Repairs Do Buildings in NYC Take Care Of? appeared first on ELIKA New York.

What is a Proprietary Lease on a Co-op in NYC?

The home buying process in NYC can be different from other cities. One difference, which trips up many new arrivals, is the ownership structure of cooperative buildings. Here, co-ops make…

The post What is a Proprietary Lease on a Co-op in NYC? appeared first on ELIKA New York.

The Purpose of a Capital Reserve Fund in a Co-op

Every co-op board in New York City has a duty to maintain and preserve the value of their cooperative. Part of the co-op boards process is the operating budget that…

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