8th WEDNESDAY 1:30pm
Event Location Administrator Event Duration
Mortgage Contingency in a Co-op Transaction Queens Richard Lovell 3.75hr

Among the many topics, this class will include:

  1. What is a mortgage "contingency"

  2. Why does a buyer need it?

  3. Form RE Co-op Contract has 3 Scenarios for Financing in a Transaction
    a. Deal is contingent on financing 
    b. Deal is non-contingent on financing but buyer may finance 
    c. Buyer may not finance

  4. Issuance of the Loan Commitment Letter

  5. The Co-op Approval by the Lender

  6. Change in Buyer circumstance

Take Richard's Classes Here - https://us02web.zoom.us/j/5301982813

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