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New to this Board - Co-Op Question

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TimmysGirl
Board Fanatic

Member since 4/05

471 total posts

Wedding Date:
5/22/2005 12:00 PM

Wed. Location:
Chateau Briand

New to this Board - Co-Op Question

Hello Ladies... I am new to this board and need your expertise. My husband and I are beginning to look at some Co-Ops, but we have no idea where to begin... Should we get pre-approved. Just go to a realtor, what? This whole task seems like it is going to be MUCHO confusing!!!
TIA

Posted 6/6/05 2:43 PM
 

AnniesSS
We're now homewoners!!!

Member since 1/05

3147 total posts

Wedding Date:
6/12/2005 11:30 AM

Wed. Location:
Beach Club Estate

Re: New to this Board - Co-Op Question

I guess it couldn't hurt to have an idea of how much you are pre-approved for before looking, but then again, it can't hurt to look before you have all your financials in order.

Posted 6/6/05 3:09 PM
 

heidla
Anyone care for a spot of tea?

Member since 10/02

5901 total posts

Wedding Date:
5/28/2004 7:00 PM

Wed. Location:
The Snuff Mill at the NYBG

Re: New to this Board - Co-Op Question

I suggest that you get pre-appoved for several reasons.

1. It will help you know figure out your budget.

2. The real estate agent and the seller will know take you more seriously if you are pre-approved.

3. This is the best reason.... It allows you to be able to move quicker if you find something you like.

DH and I were just looking and decided to get pre-approved. I am so glad that we did because we loved the first place we looked at and put in a bid and bought the place.

Posted 6/6/05 5:16 PM
 

STUF04
Married and loving it!!!

Member since 1/05

1245 total posts

Wedding Date:
5/28/2006 6:30 PM

Wed. Location:
JERICHO TERRACE

Re: New to this Board - Co-Op Question

I would say definately get pre-approved first. Thats the first thing that they asked us.

Posted 6/6/05 5:16 PM
 
 

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