This means if they pay to replace the roof, you have to replace it and not repair it, to get the depreciation money released. 3)There are very few policies written that do not have a co-insurance penalty regardless of whether they are RCV or ACV.

If not, then what is the benefit to you to have a co-op agent and pay them even a flat fee?

If you complete one at a time i believe it is considered a form of a co-op.

Mutually executed contract (MEC) may be a CO term, but the idea is simply that when you arrive at an agreed upon contract that everyone signs, you hand over a certified check.

My guess is that they are renting dumpy properties for top dollar or only renting to people with Section 8 or a co-signor.I know a guy with 120 (dumpy) houses that are all paid for.

In this procedure, the formerly defaulting borrower has not sold the property; and still has full income tax benefits, future appreciation potential, equity build-up from principal reduction, and some—if not all—of his/her equity has been salvaged and shielded.The homeowner, by accepting an investor as a co-beneficiary in the trust, has covered all arrearages, penalties and fees and reinstated the loan.

A co-worked bought four in quick succession about a year ago.

Hi Alyn,i do not have any experience except in a co-op that i bought in the bronx 7 years ago for 65k, i put 20% down, that was $13k.

I know some of the basics regarding condo community qualifications/questionnaires, but I am hoping to discover more detail about who might do higer LTV % in Florida, and who is most likely to approve me without a co-signer.

Make sure you have a CO certificate of occupancy..