First Time Home Buyer Real Estate In Staten Island
Before you start searching for your dream home with us, it is important that you are financially stable and mentally prepared for the responsibilities that follow. Some of these responsibilities include - the cost of a mortgage, taxes, and home maintenance.
There are two priorities in buying: knowing what you want and how much you can afford. [Read More...]
First Time Home Buyer (Under 400K) - Staten Island
Here Are Some Tips
You need a good agentwho will work hard to find the home that will make you happy. This is where we step in!
Never Lose Sight of the Objective in Mind
Make a list of what you need and want in a home, and judge each home by the list. We will sit down with you to discuss the pros and cons of each house. But remember, it's better to buy a modest home now and look at purchasing your "dream home" later. This will help and give you time to save rather than burying yourself in mortgages. Being in debt is a hassle everyone should avoid. Your overall debt should not be more than 40% of your income, and your housing should not cost more than about 35% of your income.
Look Into a Real Estate Lawyer
We can recommend lawyers that could be a good fit for you. Although lawyers are pricey, it is best to cover yourself from the thousands of dollars you will save in legal fees.
Don’t Get Dishearten by the Offer
Try not to have your heart set on one particular house because the seller may reject or counter your offer. Here’s a tip: Writing a deposit check to the seller's broker can prove the seriousness of your offer.
Inspections Are Crucial
Signs of asbestos, lead paint, and mold need to be checked, as well as any evidence of pests, faulty wiring, leaks, and any other problems. With no inspection, you could be stuck in a house with serious problems and stuck with paying for any removals. Like a real estate lawyer, inspections are expensive, but they are worth it. We can also recommend you to several inspectors.
Do a Final Walkthrough
This is the final step before closing the deal. The walkthrough ensures everything that was agreed upon is completed prior to the final signing.
Trust us to get you the reasonable price, all negotiations, and the right home.