Looking To Buy Real Estate in NYC?
Buying a home in NYC is exciting, but there’s also much work involved. To help you prepare for the journey ahead I’ve put together the top 5 things you absolutely MUST know when purchasing Real Estate in NYC.
What You Need To Know To Get Started
Before you start searching for your new home, there are some important things to know in advance. Let me walk you through why partnering with an agent is the best choice and how I will work to find the home of your dreams. We will also discuss the typical time frame of purchasing, along with information about home ownership types, board reviews, and closing costs. As your Compass buyers agent, I will advise you on every step of the process of buying an apartment in New York City.
WORKING WITH AN AGENT
When you are in the market to buy an apartment in New York City, you may have questions about working with an agent. There are many benefits to teaming up with a real estate professional and I have assembled a list of the eight most frequently asked questions about working together. For more information, please get in touch at (646) 285-8197 or [email protected] to discuss how I will help you to find your perfect home.
YOUR TIMELINE FOR PURCHASING
There is a typical timeline to keep in mind on the road to finding your new dream home. The entire process for buying an apartment in New York City includes multiple steps that I will explain in detail. From what needs to be done before we start house hunting to what to expect at the closing table, I will walk you through everything in advance. To give you a sense of our time frames I have mapped it all out for you to explore ahead of time.
THREE TYPES OF HOME OWNERSHIP
Before we start searching the market, it is important to know that there are a few different home ownership options in NYC. Homeowners generally select from three different property types- co-ops, condos, or townhouses. Each style of home has unique qualities to carefully consider when you are looking to buy. Some things to take into account involve purchasing terms, financing options, and monthly carrying costs. If you have any questions about what kind of home works best for you or your family, don’t hesitate to contact me. Fill out our form or reach me directly at (646) 285-8197 or [email protected].
HOW TO PASS A BOARD REVIEW
Part of purchasing into a co-op involves undergoing a board review. This process can be intimidating, but it is a great sign that the board members want to meet with you. Although it is a professional interview, there are ways that you might not want to treat it like a job interview. It will be extremely helpful to prepare ahead of time so I have assembled a few pro tips. I hope my advice will help you feel more comfortable and put your best foot forward to pass your upcoming board review.
CLOSING COSTS EXPLAINED
It is important to note your closing costs upfront. Costs will be associated to fees such as taxes and move-in deposits but vary whether you are buying a co-op, condo, or townhouse. Closing costs will vary depending on whether you are buying a coop, condo, or townhouse. Take a look at the following outline for more information regarding these expenses, or get in touch with me for any questions.
"William Bolls is THE broker you want when buying and selling in Manhattan"
"William Bolls is THE broker you want when buying and selling in Manhattan. He is a wealth of knowledge and really takes the time to make sure you understand the process and are getting exactly what you want. I can't recommend him highly enough, and send him to anyone I know looking to buy and sell, especially the UWS."
"Your counsel, persistence and attention to detail were critical to a successful outcome"
"From the original listing to the sale of my apartment, I realize the extent to which your counsel, persistence, and attention to detail were critical to a successful outcome. You are obviously skilled in financial negotiations, for which I am grateful."
"“I can't imagine purchasing a property in New York City without William"
“I can't imagine purchasing a property in New York City without William. As an out-of-town buyer, we faced additional challenges when we decided to buy an apartment in the city. As cliched as it sounds, William truly made us feel like his only clients. It's not a simple process and we required a decent amount of hand-holding. He was there for us every step of the way, even anticipating a lot of our concerns. One of the most valuable characteristics of a good agent is responsiveness. Any time we contacted William--and it was often--he responded quickly and completely. William will definitely be our agent on future transactions.”
"The market was tough, but William stuck with it and brought it home"
“I worked with William over a lengthy period, trying to sell a lobby level doctor's office in a residential co-op building on the upper west side. The market was tough, but William stuck with it and brought it home. He showed patience and was always straightforward, honest and friendly throughout the process. Definitely 5 star.”
Start Your Search Today
The Compass Group is dedicated to personally delivering the best guidance in real estate world. For the finest Upper West Side expertise contact William Bolls.