Monthly Archives: September 2012

How many years does it take to clear your credit when you owe money?

Q: How does owing money on a credit card affect credit scores and how long does it take for the bad credit to clear from your history? Read More.

Can you pay a broker fee in installments?

Q: Would you ever consider a payment installment plan for your broker fee? For example, if I found a place through you and was able to pay the 12-15% fee, could we set up a structure to pay that fee over the course of a couple weeks? Many thanks. Read More.

Is it true that a sponsor unit in a co-op building doesn’t fall under the building’s subleasing rule and can be a good investment property?

Q: Is it true that a sponsor unit in a co-op building doesn’t fall under the building’s subleasing rule and can be a good investment property? Thanks. Read More.

How does a co-op board interoperate debt-to-income ratio?

Q: When buying a co-op in Manhattan on Park or 5th Avenue, how does the board interoperate debt-to-income ratio? Is debt considered just the maintenance? Read More.