Robert Aronov & Associates, PC can help you with buying a home, selling a home, condos, coops, short sales, foreclosures, loan modifications, commercial leases, buying on paper, banking law, mortgage law and much more. Our experience and client portfolio speak for themselves, we invite you to read through our website and learn more about our firm. If you need a great Flushing real estate attorney give us a call today and schedule a free sit-down consultation with Robert Aronov himself.
So you’re ready to buy a house and you are looking everywhere. You think you may have found your dream house but you are not sure how to go through the process. Well here are some useful tips that might just come in handy.
The first thing to know is you need to stay within the confines of your budget. You need to determine your financial capacity to ensure you don’t go over what you can afford to pay. But don’t stress, there are always great houses that can still be attainable on a budget and if you get a nice house for a good price then it leaves more cash in your pocket to cover other expenses.
Now, once you have set your price range the next thing to do is get in touch with a real estate agent. They can be very useful and can ease the stress of searching for the right house. The nice thing about real estate agents is they keep an updated listing of all properties in their area that are for sale and can easily find one that is within your budgetary constraints. Also, if you’re not sure you like the first house they show you then you can always look at the next one on the list.
Once you finally see the house that you want and it falls within your budget, don’t jump the gun and close the deal. Make sure you canvas the neighborhood. Find out the kind of neighbors you may have; what the crime rate is in the neighborhood; are there schools nearby for your kids to attend; are there issues with utilities, etc.. These are all factors that are going to play a huge role in your final decision on the property.
Now, if you really do like the location, the next step is to inspect the house. Many people make the mistake of skipping the home inspection because they didn’t want to spend a few extra dollars. Unfortunately some people purchase property and find out later on that it has structural damage; the property is incorrectly marked, etc. and due to this they actually lose more money in the investment than they would have if they had inspected it first. When you hire an inspector they will check every aspect of the house. They will check for any damage, electrical, water, foundation, etc.. After doing so they can even give you an estimate on the cost of repairing the issues. Normally this cost can be settled with the seller by adjusting the price, or the seller will repair the issues themselves before selling the property.
Once you have gone through all these steps and you’re ready to finalize the paperwork, the next step will be the transfer of ownership. This is something you want to make sure is done properly because it can cause legal issues in the future if mishandled. Most real estate agents will have a lawyer and or notary review the paperwork before authorizing the sale. If your real estate agent doesn’t then definitely consider looking for another one.
Over the last few years the local real estate market has been really hot. You only need to open the NY times to see how much buzz has been going on about development in the area. There are some stunning city style high end penthouses now in the area at 133-38 Sanford Ave Flushing, Queens, NY 11355. It’s truly amazing how the area has developed., specifically, the 11358 areas and the 11354 area as well.