Q & A: Whom to Contact (Where & What to Buy)

Click a question to jump right to the answer:

  1. What is a housing co-op?
  2. Where can I find housing market statistics for my area?
  3. Where can I find information on filing a consumer complaint?

What is a housing co-op?

A housing co-op is where one or more residential buildings are owned by a cooperation or a group of shareholders. Unlike a condominium, where individuals own their residential unit, co-op residents own shares in the residential building as a whole. The structure and regulations for each housing co-op are different, and therefore buyers should carefully research such stipulations prior to purchasing into a co-op.

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Where can I find housing market statistics for my area?

Your real estate agent is the best source for local housing market statistics and information. Not only do they have access to market data through their real estate board and brokerage, they also have the experience and area knowledge to interpret and apply the statistics to your specific real estate needs.

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Where can I find information on filing a consumer complaint?

Contact the Federal Trade Commision, http://www.ftc.gov/, for more information on filing consumer complaints, including those dealing with loans and mortgages.

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