Are you looking to buy or sell a home or commercial real property? For many New York residents, purchasing real estate is the biggest investment decision they will make. Let our real estate law firm represent you and provide you with the knowledge and representation you need to successfully complete your deal. We have represented purchasers and sellers in commercial, residential, co-op, and condominium transactions throughout New York City, Queens, Brooklyn, and Long Island. Our office is equipped to assist you from the initial stages through contract negotiation, title/lien searches, and closing.
A Buyers Step-by-Step Guide to Purchasing a Home (your situation may vary):
Step 1: Determine how much “home” you can afford by determining your income, down payment amount, and credit score.
Step 2: Determine which neighborhoods you would like to buy a house in. New York City, Queens, Brooklyn, and Long Island have many beautiful and historic neighborhoods, but property taxes may place a big role in your selection.
Step 3: Find a real estate attorney that you trust.
Step 4: Find the right lender and see if you pre-qualify.
Step 5: Find a real estate agent that you feel comfortable with and who has experience in the neighborhoods you are looking in.
Step 6: Find the “right” house.
Step 7: Make an offer for the house.
Step 8: Sign the contract.
Step 9: Look for a lender within your mortgage contingency period.
Step 10: Order a title report to check the property’s status and to make sure that you are buying exactly what you think you are.
Step 11: Go to closing with your real estate attorney, execute the proper transfer documents, get your new keys.
Step 12: Move in!
Contacts us at 347-766-2685 if you are planning on buying or selling real property in New York City or Long Island; we will be happy to walk you through the process.
Recent Comments