The Simplified Steps to Purchasing a Home:
When it comes to purchasing a home, it is a big investment and you want to do everything correctly. When it comes to Real Estate, there are a bunch of terms that may confuse you completely and discourage you. However, the process of buying a home does not have to be as difficult as it seems if certain steps are followed.
One of the main steps is to find a real estate agent that will direct you through this process. Once a real estate agent is found, the home searching process can begin. The homeowner/seller pays the agent fees out of the money received from the sale of the property in New York, much like nearly every other real estate market in the United States. This indicates that they are paying for both their agency and the buyer's agent. So definitely take the time to go and find a realtor that fits your needs to help ease this process. The realtor is there to help you find your dream home and eases the pressure put on you.
Once your dream home is found, an offer is able to be made. If the offer is accepted, a home inspection is recommended to confirm that the home does not have any problems. It is recommended that you get a home inspection to learn more as to why a home inspection should be held, read our blog “What is a Home Inspection” to learn the pros and cons.
After it is confirmed that the property has no issues, purchasing homeowners insurance is a necessity. Homeowners insurance is important since it covers all damages in case of a fire, theft, vandalism, a falling tree, and many other scenarios.
A final walkthrough is one of the last steps for purchasing a home. The final step of buying a home is the closing. During the closing, the ownership of the property is handed off from the previous owners to the new owners. Papers for the new property are signed and the keys are handed over. These are the steps of purchasing a home simplified to help you better understand the process.
Looking to buy or sell your home on Staten Island? For all your real estate needs, look no further than Tom Crimmins Realty! Give us a call at (718) 370-3200, and we can provide you with professionally-trained agents who are flexible to all that you’re looking for!
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