Buying Your Home
Home Buyer's Guide
START YOUR PATH TO HOMEOWNERSHIP
The home buying process requires extensive time and effort and can be both challenging and rewarding. Thankfully, we've compiled a number of resources including helpful tips for buying a home, a mortgage calculator, financing options, community information, and an MLS home search listing to ease you through the journey with confidence.
Tips and Information for Buying a House
Buying a home is one of the largest investments you'll ever make, and involves a great deal of research beforehand. Prior to becoming a homeowner, you'll want to follow these steps:
1. If you are financing, you must first seek pre-approval for a mortgage: You must know how much you can spend before you spend it. A pre-approval will require your credit to be pulled -- in addition to verbal details about your income and assets -- so that a Mortgage Loan Originator can determine how much you can qualify for.
2. Find a property: Depending on what you are looking for, the length of your search will vary. The average person sees 5-10 properties before deciding on one.
3. Making an offer on a property and negotiate terms: This is where we will determine price, terms, and certain contingencies such as inspections, financing, appraisal, HOA, etc. Everything is negotiable, so inquire about assessments, fixtures, window replacements, air conditioners, rugs, floors, curtains, appliances, working fireplaces, washer/dryers, etc.
ESTIMATE YOUR MORTGAGE PAYMENT TODAY
Take advantage of our mortgage and loan calculator. By entering your criteria, determine the approximate rates and payment breakdown for your real estate needs.
TYPES OF MORTGAGE AND HOME FINANCING OPTIONS
Fortunately for buyers, there are a variety of mortgages to choose from. Always investigate each of them to determine which is best for your situation. If you qualify for more than one mortgage option, make sure to do all of your homework before signing on the dotted line.
GET TO KNOW YOUR NEW NEIGHBORHOOD
The Queens, NY real estate market is made up of diverse and interesting communities and neighborhoods. Using our community guide, discover the various neighborhoods we serve and find one that's a perfect fit for you.
Your new neighborhood awaits!
HELPING YOU RENT YOUR PERFECT HOME
Over the past 25 years, Queens, NY have seen tremendous economic growth. In turn, individuals are looking to rent homes in various neighborhoods that are increasing in popularity and transforming into up-and-coming places to live.
What to expect when viewing a home for rent:
Proof of income such as pay-stubs, W2's, 1099's and/or tax returns, etc.
Identification such as driver's license, passport, resident card, etc.
Reference letters from employers, colleagues, associates, friends, etc.
In today's rental market, landlords will typically ask for credit checks
Landlords will often ask for the first month's rent and one-month security deposit.
In June 2019, New York State approved a package of rent laws designed to give strong new protections to renters in New York City. For more information about the new law, visit this NYC site that explains more about the new tenant protections.