A co-op building wants only all-cash offers. Is that a red flag?

… Coop boards at highend buildings may restrict financing to keep their properties exclusive These boards are also … be far more restricted so it may take longer to sell and find the right type of buyer who can pass the board You … and drives down the price  … More money more problems … However in some coops an allcash requirement could be a …

By Celia Young |June 17, 2024 - 12:00PM