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Forest Hills, Queens people!

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MST9106
My life:)

Member since 6/06

9589 total posts

Name:

Forest Hills, Queens people!

Do most Co-Op Boards require a 20% downpayment? From looking around it appears to be so.

I am mainly looking at pet friendly, terrace and doorman buildings.

Thanks!

Posted 9/19/08 3:30 PM
 
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CityNYGirl
My everything!!!!!

Member since 5/05

2324 total posts

Name:
Betty

Re: Forest Hills, Queens people!

From our experience when we were looking, YES.....all require 20% plus some other board fees....

If you get lucky finding a condo then it is a different story (it works just like buying a house, you put down whatever you want)...

GL!!!!

Posted 9/19/08 3:34 PM
 

Theresa05
Sofialiciciousssssssssssss

Member since 10/06

4891 total posts

Name:

Re: Forest Hills, Queens people!

I think its a requirment in all buildings in Queens 20%

Posted 9/19/08 4:15 PM
 

TheDivineMrsM
2 girls 4 me!

Member since 8/08

7878 total posts

Name:
Mama mama mama....

Re: Forest Hills, Queens people!

Posted by MrsGreek

From our experience when we were looking, YES.....all require 20% plus some other board fees....

If you get lucky finding a condo then it is a different story (it works just like buying a house, you put down whatever you want)...

GL!!!!



totally agree with the AP.

Forest Hills is GREAT, there's so much to do! Kew Gardens and Kew Gardens Hills are also nearby, if you want to expand your search.

Posted 9/19/08 7:38 PM
 

lilacwine
only love...

Member since 5/05

2034 total posts

Name:
<3

Re: Forest Hills, Queens people!

Posted by Theresa05

I think its a requirment in all buildings in Queens 20%



No. Each building sets it's own limits. Some are higher, some are lower.

Posted 9/19/08 7:51 PM
 

MissJones
I need a nap!

Member since 5/05

22136 total posts

Name:

Re: Forest Hills, Queens people!

We're in Whitestone and we only needed 10%.

Posted 9/19/08 8:31 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Forest Hills, Queens people!

Posted by lilacwine

Posted by Theresa05

I think its a requirment in all buildings in Queens 20%



No. Each building sets it's own limits. Some are higher, some are lower.




Yeah every cooperative has their own limit.

Posted 9/19/08 8:55 PM
 

Akajt98
Sooo Excited

Member since 6/06

2252 total posts

Name:
Jill

Re: Forest Hills, Queens people!

Posted by MST9106

Do most Co-Op Boards require a 20% downpayment? From looking around it appears to be so.

I am mainly looking at pet friendly, terrace and doorman buildings.

Thanks!



Not all boards require 20%. It really depends on the building. Some require 10% while others require 35%!

You will have a tough time finding a pet friendly, doorman building with a terrace. I know because we were looking for it. They are few and far between.

I am going to FM you some info on buildings.




Posted 9/19/08 9:33 PM
 
 

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