Category: Credit check

Prove yourself worthy: Part 2, simple economic actions

9 September, 2011 (09:00) | Co-ops, Condo fees, Condominiums, Credit check, Homeowners associations, Income verification, New York City, Theory |

[Continued from yesterday's Part 1.]   By:David A. Smith   Yesterday we heard stories of procedural torture offered by some condo-buyer applicants who found themselves undergoing grueling examinations of their financial situation:                Now what do I have to do?   The tenor of the New York Times piece reciting their tales of woe fully [...]

Prove yourself worthy: Part 1, complicated economic words

8 September, 2011 (09:39) | Co-ops, Condo fees, Condominiums, Credit check, Homeowners associations, Income verification, New York City, Theory |

By:David A. Smith   We bond in tribes, and before we admit the stranger into the tribe, he must undergo a trial – a test both to prove himself worthy in our sight and to demonstrate his commitment to our tribe.    Are you good enough for 215 East 80th Street?   Those who will [...]