Unlock HDFC Buyer Support
Buying into an HDFC co-op isn’t like buying a standard condo or co-op — it comes with its own set of rules, income limits, paperwork, and board approval steps. The good news? You don’t have to figure it out alone.
At HDFCNY at Compass, we’ve helped buyers just like you unlock the door to these unique opportunities while avoiding the common pitfalls that trip up first-timers. Think of us as your inside guide — someone who knows the process, the players, and the shortcuts.
What You’ll Get with Our Support
1. The Consultation
We’ll start with a conversation, whether it’s a quick call, a Zoom, or a coffee chat. This is where we learn about your goals, your budget, and what kind of HDFC is the right fit for you. We’ll also map out the overall buying process so you understand what’s ahead: touring apartments, preparing your financials, building your board package, and reaching closing day.
By the end of this first step, you’ll have a clear game plan and know exactly what comes next.
2. Setting Up Your Collection
We’ll create a personalized Compass Collection for you. Think of it as your private dashboard where we’ll share listings, track favorites, compare options, and collaborate in real time. This keeps your search organized and stress-free.
3. Touring Homes
We’ll schedule and tour apartments that fit your budget and qualifications. Along the way, we’ll point out what’s standard, what’s unique to HDFCs, and what to look out for in each building.
The goal is to make sure you’re not just touring apartments, but learning how to evaluate them the right way.
Looking for a place in today’s competitive market? When you work with us, you’ll get a heads-up on homes that aren’t widely advertised yet, giving you a little extra edge before the crowd catches on.
Access Listings Before the Competition
4. Income & Asset Check-Up
Before you fall in love with a place, we’ll confirm you qualify. We’ll review your income and assets against the building’s restrictions so you only pursue apartments that are truly within reach.
5. Making an Offer
When you’re ready to move forward on a home, we’ll prepare and submit your offer. This includes a clear financial statement that outlines your income, assets, and obligations. If you’re buying with cash, we’ll include proof of funds. If you’re financing, we’ll strengthen your offer with a mortgage pre-approval from a lender that understands HDFCs.
Also, We’ll advice on whether the price makes sense before submitting it, how it compares with other HDFCs, and what resale potential looks like. No sugarcoating, just straight answers so you know you’re buying smart.
6. Prepping Your Application
With the contract signed, it’s time to prepare your board package. This is one of the most detailed applications in NYC real estate, requiring tax returns, pay stubs, bank statements, and more. We’ll guide you through gathering, organizing, and polishing everything so your application is complete and positioned for approval.
7. Attorney Due Diligence
Once your offer is accepted, your attorney will review the building’s financials, board minutes, resale history, and HPD oversight. They’ll make sure there are no hidden issues like upcoming assessments or problematic bylaws. Only after this due diligence is complete do you sign the contract, protecting you from surprises later in the process.
8. Prepping Your Application
With the contract signed, it’s time to prepare your board package. This is one of the most detailed applications in NYC real estate, requiring tax returns, pay stubs, bank statements, and more. We’ll guide you through gathering, organizing, and polishing everything so your application is complete and positioned for approval.
9. Welcome Home
Once the board approves you, the final documents are signed, funds are transferred, and the keys are officially yours. We’ll guide you through every detail so the finish line feels smooth, not stressful. From scheduling your move-in to understanding building policies and fees, we’ll make sure you’re set up for a seamless transition into your new home.
Work With Max
Max’s success is measured by your success. He is dedicated to his clients’ needs and will guide them through each step of the buying or selling process.