In every transaction there's a hurdle that can delay a closing or stop it entirely. In New York co-ops and condos, it's often the management company. Scott walks through three strategies his team uses, with the real deals behind each one.

In this episode:

- A purchase that sat four weeks without a signed contract, and why every extra day gives a buyer time to back out
- The building insurance increase management called impossible, done three weeks later
- Strategy 1: management companies work for the board. One email from a co-op board president moved a closing up within 24 hours
- Strategy 2: don't assume the management company is right. A questionnaire showed 30% sponsor ownership. The real number was 5%
- Strategy 3: it takes a village. Why buyer's and seller's agents should copy each other on everything
- Why a lender may ask for documents "no one has ever asked for before," and a better way to push back

Dealing with a difficult management company? Email Scott at scott.nadler@ccm.com.

Chapters:
0:00 When the deal closes, everyone wins
0:19 The barrier that delays NYC co-op and condo closings
1:09 Four weeks without a signed contract
2:16 The insurance increase management called impossible
3:20 Strategy 1: Management companies work for the board
4:38 One email from the co-op board president
6:11 Strategy 2: Don't assume the management company is right
7:27 The 30% sponsor ownership mistake
8:24 Strategy 3: It takes a village
9:24 "No one has ever asked for this before"
11:05 Hop on a call with your lender
11:45 Share your tips and horror stories

Watch the full episode: [EPISODE LINK]
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DISCLAIMER: This content is for educational purposes only and is not financial, legal, or tax advice. Consult a licensed professional before making any related decisions.

For educational purposes only. Examples discussed are illustrative and not typical. Rates and terms vary based on borrower qualifications and market conditions. Eligibility and structure depend on borrower intent, occupancy requirements, and underwriting guidelines. Not a commitment to lend. Equal Housing Opportunity.

Scott Nadler, NMLS #385124. CrossCountry Mortgage, LLC NMLS #3029.