Buying Your New Home in New York City - An Overview
Seeking to buy a new home in New York is both exhilarating and overwhelming. Whether you're looking for a condo, a co-op, or a townhouse, the process to attaining your dream property should be worth it. Here in this section, we have put together for you this helpful guide filled with tips and advice as you search for your next place.
Budgets & Imagination
Before jumping on to various websites looking for your home, you need to develop realistic budgetary and financial expectations. And applying for pre-approval from a bank is a great start. After which, you can begin imagining the type of home you want. And hiring a great agent who can guide you with market trends versus your imagination is a key step to laying the foundation to your next steps.
Searching & Negotiation
You finally jumped into the search! Your agent and yourself cast a wide net in your desired neighborhood and in your budget. We'll take you through the questions you should be asking and items you should be observing during your open houses and viewings. You'll find how to make offers and eventually negotiate a fair price on your next home.
Financing & Closing
Congratulations! Your offer has been accepted. Now it's time for your lawyer (yes, we recommend hiring one!) to lead through the due diligence, contract and other legal matters. If going via the co-op route, we'll brush you up on the application and interview process. Don't worry--the closing is coming up and your real estate buying process is about to end. And your decorating skills will be up next (alas, we can't help with that).