What is a Co-op and How Does it Differ from a Condo? with Guest Jeff Morelli (Ep. 56)

<p dir="ltr">It’s Spring 2023, the market is heating back up, and Buyers are coming out of the woodwork to explore their options for homeownership in the DC, MD, and VA. Oftentimes as first time buyers enter the market and begin their search, they come across co-op listings but don’t truly understand what they are or how they work. In this episode, Alison is joined by Jeff Morelli, a Lender with Caliber Home Loans who has over 25 years of experience providing every type of home loan available, and together they break down what a cooperative is and how to buy into one, how it differs from a condominium, perceived pros and cons of owning one, and how one finances a co-op transaction.</p> <p><strong id= "docs-internal-guid-0cf71f6f-7fff-8e25-d84b-95a757b73bc8"><br /> Subscribe to our show and feel free to reach out to us on The RARE website or directly to Alison with comments and questions: <a href= "http://www.theraredc.com">www.theRAREdc.com</a> | <a href= "mailto:alison@theraredc.com">alison@theraredc.com</a> IG: <a href= "http://instagram.com/theraredc">@theraredc</a> and Jeff Morelli <a href= "mailto:jeff.morelli@caliberhomeloans.com">jeff.morelli@caliberhomeloans.com</a></strong></p>