Buying a Home: Cooperative vs Condo Home (Click HD)

Too often New Yorkers are faced with asking, "what is the difference between coop or condo?"

There are many similarities and yet many stark differences that can cost you 10's of thousands of dollars (or more) if you're not truly understanding what the investment offers.

Downstate New York is home to some of the most expense real estate in the country, and often home buyers; new and experienced defer to owning a cooperative or condo home to offset the high cost of living here.

I break it down into 3 sections:

1. Ownership Type
2. Similarities and Differences
3. Resalability (not a word haha) but the message is clear

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