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How To Sell Your Coop Fast

Posted by Naomi Klein on August 3, 2017
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Why Using A Local Realtor Who Specializes In Coop Sales Is Crucial

Local Realtors that specialize in Coop sales are the most knowledgeable people to use when it comes to selling your Coop fast.  While lenders may be willing to lend borrowers money to purchase your apartment, the Coop boards criteria for the approval process is much different and less lenient when it comes to accepting less than perfect credit.   Realtors that deal with Coops on a daily basis are very familiar with the income requirements and credit standards that would  be acceptable to your board.  The screening  processes is vital.   Prior to opening up your door and showing your apartment to prospective buyers.  It can become a daunting task to constantly show your apartment to prospective buyers.  Especially to those that would not even qualify.  This is why using a Realtor who specializes in Coop sales is imperative.  Realtors would call upon you to show your apartment once they have  pre-screened the potential applicants.  Once they have liked your apartment, the process of the purchasers qualifying for your board becomes more of a formality.

In addition,
Realtors who specialize in Coop sales, already know which lenders would provide financing on your Coop.  Not all lenders provide financing on every Coop.  Last but not least, not every attorney knows how to analyze the financials of your building.  A qualified Realtor will have an array of Coop attorneys at hand to recommend to the prospective buyers, should they need one.  It is very important to use a Realtor that is knowledgeable.   One who posesses the expertise in dealing with Coops prior to showing your unit.
Lastly,

It is difficult to negotiate a purchase of this importance without an intermediary, who has the trust and confidence of both parties.

How To Sell Your Coop Fast In The New York City Area

How To Sell Your Coop Fast In The New York City Area

 

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