Our Buying into Brooklyn Recap.
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A recent event that we co-hosted, Buying Into Brooklyn, was a crash course for first-time home buyers navigating the oftentimes stressful process of purchasing their first home. We had a great turn out, a packed room at The Brooklyn Brewery! Victoria and RC agents, Tina Fallon and Jane Herro, were there to give tips and answer questions alongside mortgage professionals, a real estate attorney and renovation experts. We explained what it takes to find the right home, make the right offer, get into contract, secure the right financing, and close, all without having a nervous breakdown. Some of the questions asked were “Is their any upside to using ones own bank to acquire a loan?” and “What is the difference between a co-op and a condo and how does that effect closing costs?”.
Acquiring a foundation of knowledge about the real estate market in the area before beginning your journey is crucial and those who came out on October 10th now have the tools to begin their home search. “It was great to see first time home buyers of all different levels at the event. Some who have been going to open houses, those who have gotten pre-approved already and many who just have a goal of buying in the next few years but didn’t know where to begin. It’s never too early to start preparing to buy!” says RC’s Jane Herro.
Here are guides by the Mark Maimon Team to help you understand the steps and the process of purchasing a home. If you’re thinking of renovating, here’s A Renovation Checklist by Sweeten to help with the process. Lastly, if you’re trying to calculate the cost of purchasing a property (condo, co-op, or residential) our partners at Serpico, Serpico & Siddiqui, PC have you covered with their interactive closing cost spreadsheets.
We’re always available by phone or email, too. Whether you’re a first-time home buyer or a seasoned pro, the process can be daunting. Let an expert help you make it as smooth as possible!