Among the many topics, this class will include:

• Is a pre-contract inspection necessary?

• When is an architect or engineer necessary?

• Is square footage relevant?

• Combinations?

• Issues impacting small co-ops and condos

• Understanding the Co-op or Condo's finances:

• Review of building financials

• Management Questionnaire

• Common Charge/Maintenance Increases and Assessments

• Façade and Capital Improvements

• Utilizing public data sources

• Understanding the Offering Plan:

• Review of Special Risk Factors

• Review of the Property Description

• Understanding Tax Abatements

• Locating Amendment

• Pre-qualifying the co-op or condo for Purchaser Financing:

• Will lenders lend?

• Understanding new lending requirements

• Is insurance sufficient?

• Should contracts contain funding contingencies?

• What is the broker's duty of disclosure?

• What is the broker's obligation to inspect the apartment?

• How does dual agency impact disclosure?

Take John's Classes Here - https://us02web.zoom.us/j/9425292516

John has been in the Real Estate and Finance industry since 1989.He started his finance career at American Funding a Brooklyn based mortgage Brokerage company.  He became the manager for the Sheep’s head bay branch and Developed American Funding’s Commercial Department.  It was John’s love of the complexity of commercial Finance that move him to seek out Commercial financing companies.  He became a Managing director at Marine Merchant international bank based in Long Island to learn more about commercial and business loan financing.  From there John moved to become a branch manager for GHMC, and then built a commercial Branch for All Money Mortgage Bankers before finding his home at Diversified financial.

He started Diversified Residential and Commercial Services 11 years ago after his partners retired, and holds his NY Real Estate Brokers license since 2004 and His Pennsylvania Brokers license since 2012. Diversified is a  Full service real estate brokerage company and also a Commercial and residential mortgage brokerage company.  John has financed 100’s of Millions of dollars of properties in 39 of the 50 states in the country, with his largest financing transaction to date of $22,800,000.