Brooklyn Real Estate Q&A and Info

Yesterday, I had the privilege of attending the Council of New York Cooperatives and Condominiums 28th Annual Housing Conference and I really enjoyed myself. The conference was held at Baruch College’s Newman Vertical Campus, a wonderfully designed building, and included 74 different workshops and seminars.

As a member of the board of directors of the Coop where I live, the conference was a great way for me to increase my knowledge so I can help steer the coop’s course successfully through these difficult economic times. There where seminars about the responsibilities of the Board President, the Treasurer, the Secretary, enforcing the house rules, budgeting and so much more.

I highly recommend anyone who sits on the board of a coop or condo to take advantage of this wonderful educational opportunity. Its well worth your time, and your coop or condo will probably pay the modest $70.00 admission fee.

The Housing Conference also helped me gain even more knowledge about coops and condos so that I can better help any of my clients looking to purchase or sell one. After all, the key to being an expert in real estate agent, coop management, or any other profession is having as much knowledge as possible.

For more information about the Council of New York Cooperatives and Condominiums click here to go to their website.

If you are a New York City, New York State or Federal employee, and you want to purchase a home, you’re in luck. Through its conservative funds management, New York City’s Municipal Credit Union (MCU) has plenty of money to lend even though most financial institutions are hurting because of today’s economic woes.

For 92 years, MCU has been providing its members with everything from checking accounts, credit cards and auto loans to fixed, adjustable and jumbo home loans.  MCU has several loans tailored for the needs of the first time homebuyer that include minimal down payments and very competitive rates.

Are you looking to purchase an investment property?  MCU also offers mortgages for multifamily homes for properties up to 4 families.

For its members that have credit problems, MCU has credit counseling that can help qualifying members get on the right track towards financial health and home ownership.

MCU’s mission is to help civil servants purchase homes, and they have the money and several different mortgage products to help them do just that. 

For more information about the Municipal Credit Union, go to their website at www.nymcu.org.