Buying Process

Secure Your Financing: Before beginning your property search, obtain mortgage pre-approval to understand your purchasing power. This strengthens your negotiating position and demonstrates seriousness to sellers.

Understand All Costs: Beyond the purchase price, budget for closing costs (typically 2-5% for buyers), property taxes, insurance, and potential renovation expenses.

Define Your Criteria: Consider location, property type, size, and essential amenities. Brooklyn offers diverse options from brownstones to modern condominiums.

Market Research: Understand neighborhood trends, recent sales data, and future development plans that may affect property values.

Competitive Pricing: Work with your agent to analyze comparable sales and craft a competitive offer. In Brooklyn's dynamic market, timing and strategy are crucial.

Negotiation: Be prepared for counteroffers. Your agent will guide you through negotiations to achieve favorable terms while maintaining a strong position.

Home Inspection: A thorough inspection identifies potential issues before closing. This protects your investment and may provide leverage for price negotiations or repairs.

Title Search: Ensure clear title and no outstanding liens or encumbrances on the property.

Final Walkthrough: Inspect the property one last time before closing to ensure condition matches expectations and any agreed-upon repairs are completed.

Closing Day: Review and sign all documents, transfer funds, and receive the keys to your new home. Welcome to Brooklyn!