How to Buy Property Cooperatively Series: Financing Your Cooperative

 

Join us for the next event Financing Your Cooperative in our Cooperative Housing Series, 

Tuesday January 22nd, from 6:30-8pm 

at LivingRoom Realty.

Are you ready to own your own home, but concerned about rising real estate costs? Do you want to plan for the future or have a built in community by sharing your home with friends or family? Want to buy a commercial building and share resources? Are you interested in combining the financial, environmental, and/or community/social benefits of communal living with the security of property ownership?

If so, LivingRoom Realty's Co-operative living Info sessions are for you! This new series of informal meet-ups is for anyone interested in learning more about how to successfully purchase, manage, and occupy co-operative real estate in Chicago. Join LivingRoom Realty brokers Annie Coleman & Susannah Ribstein, and Co-op Development Consultant, Corrigan Nadon-Nichols, for this informative event series.

This next event Financing Your Coop will feature guest speakers Michelle Bobart Senior VP of Mortgage Lending at Guaranteed Rate and Kevin Truitt Senior Loan and Program Officer at Chicago Community Loan Fund (CCLF).   Michelle and Kevin will walk you through the loan products available to meet your Cooperative Housing needs.  Corrigan Nadon-Nichols will go over basics of how to prepare your finances.  This will be an very informative event!  Please RSVP to attend.

Future Series Events (More Details To Be Announced):

Date TBD - Living and working as a Community - Membership Process, Group Decision Making, Conflict Resolution and other topics to create and maintain a happy and healthy community.

Date TBD - Coop Case Studies - Meet Coop members of current Chicago Cooperatives and hear there story and we’ll also highlight some national examples.

 

Consensus Building: Creating Your Own Cooperative • Wednesday March 20th

Save the Date!Consensus Building: Creating Your Own Cooperative Wednesday March 20th, 6:30-8:30

Have you ever dreamed about buying a building with friends and/or people with shared interests? Then join us at LivingRoom Realty on March 20th from 6:30-8:30pm, for a discussion on how to start your own housing cooperative (Co-Op). This is a viable and affordable option to owning your own home.

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We will discuss the difference between condos and Co-Ops, common benefits and risks, an overview of financing options, the fundamentals of consensus building, and an how to search for your property. We will also provide you with resources for taking the next steps in making your cooperative dream a reality. LivingRoom Realty is very pleased to have Mark Fick Senior Loan/Program Officer at Chicago Community Loan Fund, Lawyer Sarah Kaplan, and Sol House housing cooperative members Jessica Weisbach and Kevin Monahan join us for this talk. Food, drinks, and a fun time will be provided.

Please RSVP to: annie@livingroomrealty.com as soon as possible so we know attendance levels! We hope to see you there!