You will definitely need to seek the help of a real estate agent. I know of a great real estate company called Massada Homes. My sister bought a home through them and the agent was responsive, knowledgeable and so helpful. You can look at the listings of single family homes in Queens on their website, then make an appointment with an agent.
I hope all goes well. Good luck!
I'm always available to meet with you in one of our Queens branches if you'd like. I can walk you through the entire process from beginning to end. Good luck!
Senior Loan Officer
Sterling National Bank
1. Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request to answer your questions with regards to the types of loans and maximum loan amounts you could qualify for.
2. Get a referral to a good, local, real estate attorney. Call the attorney, retain the attorney so you have her information handy when you make an offer. Having that information at time of offer helps you demonstrate to the Seller how serious you are, and they will consider your offer with more interest.
3. Line up a Home Inspector. A good home inspector will scare the heck out of you: that's what you pay him for! But you'll concentrate on the fundamentals of the property: roof free of leaks, plumbing, heating and electrical up to code and in good working order. Again, when you make an offer and you have your Home Inspector ready to go, your offer will be considered with much more interest by a Seller because you truly have your "ducks in a row" and your preparation demonstrates your serious attitude about conducting the purchase transaction in a timely manner.
4. Find an experienced Local Realtor who works in your desired shopping area. A serious pro Realtor will refuse to show you homes until you are Prequalified for mortgage financing. Don't take offense! That Realtor doesn't want you to be disappointed and wants you to have a smooth experience as you shop for your new home.
Put together your Team of real estate professionals and shop 'til you drop!
PowerHouse Solutions, Inc.
185 Great Neck Rd, Suite 240
Great Neck NY 11021
Licensed Mortgage Banker â€“ NYS Dept. of Financial Services
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First you should decide in which neighborhood are you interested to buy. Than you need to get preapproved in order to determine your price range so you will be comfortable with monthly payments if you are going for mortgage. Than contact local professional to help you find the right property for you. You can also search on your own privately on http://www.newyorkrealestateaccess.com. I'd you have any questions you can contact us at 800-245-5699
Best of luck
TeamMD Real Estate Group
Congratulations on taking the first step to home ownership. To add to the other agents comments, I would suggest that you meet with a mortgage professional and get preapproved. This will determine how much real estate you can afford to purchase. You can then work with a Realtor to find your property. I would suggest that you work with a buyers agent, you do not pay a fee unless otherwise agreed to. Your Realtor can walk you through the entire process and answer all of your questions. There are some grants available to First Time Home buyers in NYC, to assist you with downpayment/closing costs.
If I can be of further assistance, please do not contact me.
Before looking at anything, it is essential that you be pre-approved by a mortgage broker, mortgage banker or bank.
I am not speaking of a pre-qualification. A full pre-approval requires 3 years of income tax statements, 3 months of bank statements, 3 months of pay stubs, credit report, etc.
Once you have a full pre-approval, you will know how much you are qualified for and will know what price range to look at.
Once you have a full pre-approval, you will be as good as a cash buyer; your purchase will be contingent upon an appraisal of the house and a contract and you will be considered an "A" buyer.
I am an instructor at Stony Brook and Post Universities and train Realtors and finance majors. I would be happy to provide further information for you when you are ready.
I will be happy to speak with you to get more information to get a
better idea and how we approach your goals. Please just give me
a call as soon as you can.
Licensed Real Estate Agent
Century Homes Realty Group llc
Direct Line: 347-932-0609
Work with your own bank .. If your not currently working with a agent you could reach me @718-809-8671 ill be happy to help you find your home....
The loan officer will explain what mortgage options are out there, along with pre-approving you for a mortgage...which means letting you know how much you can borrow from the bank.
To be pre-approved means he or she will run your credit and ask for other financial information such as.....the amount of debt you are carrying, your length of employment and amount of income, down payment, etc.
Based on that, you will have an idea of what size mortgage you can apply for, as well as what the monthly carrying costs will be.......... you can decide what your comfort level is.
The agent can then let you know about listings that fit your price range - including the property taxes and insurance.
I am sure some local agents will come along who may be able to help you.......you can also ask friends for recommendations if they have recently bought or sold a home in your area....or you can visit a local, active office and ask the office manager to suggest one of their agents.
Feel free to interview several agents to make sure you feel comfortable with your final choice, and it's someone you have confidence in!
All the best!
Keystone Realty USA