Real estate blog entries tagged with coops by Christopher Pagli - William Raveis Legends Realty (William Raveis Legends Realty Group)

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Home : Blogs : Christopher Pagli - William Raveis Legends Realty : Christopher's Blog : Tag "coops"

coops: Westchester County Real Estate Market Statistics, 4th Quarter 2011 - 02/02/12 11:26 AM

Courtesy Of The Hudson Gateway Association of Realtors
Westchester and Putnam Counties, New York http://www.WestchesterCountyRealEstateMarket.com

The surge of sales activity in 2010 resulting from the stimulus of the federal home buyers tax credit program failed to spill over into 2011. Rather, in Westchester County last year, as reported by Realtor brokerages participating in the Empire Access Multiple Listing Service, the total 6,194 closed residential sales were 6.0% fewer than in 2010. Single family house sales were off by 4.4%, condominiums by 10.9%, and cooperatives by 8.5%. Putnam County house sales differed by only one unit from 2010. Considering the fourth … (0 comments)

coops: Buying A Coop/Cooperative Apartment...What You Need To Know - 03/05/09 02:14 PM

I have been receiveing alot of questions about Coop Apartments, what they are and how the operate. A Coop is a corporation made up of all the occupants of the building. When You buy a Coop you are not buying an actual unit, you are buying shares in a corporation. You will receive a stock certificate and a proprietary lease which entitles you to occupy the unit.
Since the occupants do not own the unit they do not pay property taxes like you would in a condo or house. You pay a monthly maintenence fee wchich includes your pro-rata share of … (0 comments)

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Christopher Pagli - William Raveis Legends Realty

Rye, NY

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