Understanding Closing Costs: What Long Island Buyers Actually Pay
Introduction You’ve saved for your down payment, you’re pre-approved, and you’re ready to buy. But here’s what catches many first-time buyers off guard: closing costs. On Long Island, closing costs typically run 2-5% of the purchase price. On a $500,000 home, that’s $10,000 to $25,000 on top of your down payment. Let’s break down exactly […]
What Happens After You Accept an Offer on Your Home
Introduction You’ve listed your home, received offers, negotiated, and accepted one. Congratulations! But what happens now? The period between accepting an offer and closing day involves several important steps. The Attorney Review Period In New York, once you accept an offer, both parties have their attorneys review the contract. This typically takes 3-5 business days. […]
Should You Make Repairs Before Selling? What’s Worth It (And What’s Not)
Introduction One of the most common questions sellers ask: Should I fix things before listing, or sell as-is and let the buyer deal with it? The answer depends on what’s broken, your market, and your goals. Here’s how to think about it. Repairs That Almost Always Pay Off Safety issues: Anything that could be a […]
Getting Your Home Ready for Professional Photos
Introduction You’ve decided to sell, and your agent has scheduled a photographer. Those photos will be the first impression for hundreds (maybe thousands) of potential buyers browsing online. Here’s how to make sure your home looks its absolute best. The Week Before Declutter aggressively. Less is more. Remove personal photos, collections, and anything that makes […]
The Home Appraisal: What It Is and Why It Matters
Introduction You’re under contract, you’ve passed the inspection, and now the bank orders an appraisal. What exactly is this, and why does it matter so much? What is an Appraisal? An appraisal is an independent assessment of a home’s market value, conducted by a licensed appraiser. Your lender requires it because they want to make […]
What to Expect at Your Long Island Home Inspection
Introduction You found a home you love, your offer was accepted, and now it’s time for the home inspection. This is one of the most important steps in the buying process — and one that can save you thousands of dollars or help you avoid a money pit entirely. Here’s what actually happens during a […]