25% down payment

No Subprime Borrowers in These Buildings

Or Foreclosures, Either What jumped out at me reading “It’ Buildings of the Other Boroughs” in The NY Times was the high (financial) bar for entry: “Mortgages are allowed, but only for half the purchase price, brokers familiar with the building said.” “A recent sale in the building, which requires a 25 percent down payment...
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