I own two apartments that I am going to combine. The 1st have a mortgage. The 2nd have an equity loan. Help?
One mortgage is with one bank and the equity string will be with a different. After the renovation the co-op Bd wants to issue a topical stock scertificate. What will happen?
Answers:
Your mention of a co-op board makes this satchel notably different from what would obtain if these be condominium units; if that were the valise, the parcels would continue to be separately taxed and financed and you wouldn't hold to do anything. Here, however, that doesn't apply; I would go to both lenders and ask for their advice on how to settlement with the situation.
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Answers:
Your mention of a co-op board makes this satchel notably different from what would obtain if these be condominium units; if that were the valise, the parcels would continue to be separately taxed and financed and you wouldn't hold to do anything. Here, however, that doesn't apply; I would go to both lenders and ask for their advice on how to settlement with the situation.
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