Purchasing
BOARD OF DIRECTORS SHAREHOLDER APPLICATION CRITERIA
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Minimum credit score of 720 per applicant
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Maximum debt to income ratio of 35%
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Maximum financing of 80% of the sale price (exception for vs financing)
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Minimum annual income of four (4) times the annual maintenance charges
- Must be owner occupied no subletting is permitted
Only applications which meet the required criteria will be extended an online interview with the Board of Directors.
Post Closing
- Verify that Maintenance has a key to your unit – we need this to enter in case of Emergencies.
- Apply for the New York State STAR Tax Rebate Program.
- Contact Altice/Optimum to arrange for the Bulk Cable Rate and Service Installation.
- Provide our property manager with a copy of your Insurance Policy.