brigham park coops: After Nine Months Our Co-Op Finally Closes - 06/12/09 10:28 AM
It was with a great deal of satisfaction that I approached the Empire State Building for the closing of a two bedroom co-op we had sold for an associate broker in our office.
Our buyers had missed our Sunday afternoon open house but had noticed one of our flyers on a light pole in Coney Island on Sunday evening.  They called and arranged a private showing the following weekend.  They were happy with the 2 bedroom co-op and made a fair offer which the out of town seller immediately accepted.  Within a week on so contracts were signed (August 2008).  Little did we … (0 comments)

brigham park coops: Additional Co-op Pitfalls and How to Avoid Them - 04/27/09 12:50 PM
This is a follow up to our previous article on co-op pitfalls...
Always confirm with the management company the specific form they require for the documentation to be in.  Do not assume that faxed documents,,copies or form letters are acceptable. 
We have a situation where the buyer's professional and personal recommendations were being rejected by the management company because similar wording was used on both. Also the letters were typed and not handwritten.  This was done because the buyers are not fluent in English and had their daughter type out the recommendations for their work supervisors and personal friends to sign.  Each recommendation had … (0 comments)

brigham park coops: Co-op Pitfalls, and 4 rules to remember - 04/25/09 01:47 PM
Experience with a number of Brooklyn co-op sales have taught us a number of lessons.  Hopefully, we can save some of our fellow realtors (as well as buyers seeking co-ops) some heartache:
1. Expect the closing to take longer than anticipated. We have a sale in a large co-op development where the approval process is done in 2 phases.  In Phase 1 the applicant fills out all financial and personal information without documentation and submits it to the Board for tentative approval.  If approved, then the management company will provide a buyer's package to be filled out including tax returns, W-2s, personal/professional … (0 comments)

 

David Rogoff and Bonnie Chernin

Brooklyn, NY

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Fillmore Real Estate

Address: 2926 Avenue J, Brooklyn, NY, 11210

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