What’s the Difference Between Co-op Maintenance and Condo Common Charges?

What’s the Difference Between Co-op Maintenance and Condo Common Charges?  As a first time home buyer, you’re probably wondering what’s the difference between co-op maintenance and condo common charges?  Let’s break it down.  Co-op Maintenance Co-op maintenance is a monthly charge that co-op shareholders pay. It usually covers the following items:  Property taxes Underlying mortgage…

Your Credit Score and Getting a Mortgage in NYC

Your Credit Score and Getting a Mortgage in NYC “How does my credit score impact getting a mortgage in NYC?”  This is a BIG question on the minds of many first time buyers. And understandably so.  But there’s also a lot of misconceptions about what effect your credit score will have on getting a mortgage…