How long did it take you to find an apt and close?

We actively looked at places for about three months, and then it took three more months and a bit to apply, get. board package approved, be interviewed, and get to closing... so for us, six+ months total...

One major factor is how long the coop board takes to make a decision on your application. That varies from building to building. My building tries to turn this around in 4 to 6 weeks. Others can take several months. Don't forget that what you are willing to pay monthly has to fit within the debt to income ratio that the building accepts.

it depends, the fastest will be 2 months, I think. We saw the place on May 12th and hope to close July 15th or so.

Buying always takes longer than you think it does. I have buyers who went into contract March 9 who are closing tomorrow (June 14) so that's 90 days plus (for an all-cash purchase that both sides were hoping we could do in 60).

ali r.
{downtown broker}

It can also depend on whether or not the management company has their act together. I put in an all cash offer in mid-August that was accepted in a few days. Didn't close until the very end of November. It was a sponsor unit and not only couldn't they find the stock certificates but they couldn't find the ledger either.