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As there are many types of mortgage loans available for home buyers, finding the right one is a challenging task. The terms of your
loan determine how much you will in fact pay for the house! To help you find a mortgage program that is best for you, I cooperate with
experienced mortgage consultants, who will look at your individual financial situation and choose the loan that perfectly fits your needs.
How to make an offer
We have found a perfect home for you. Now you are ready to make an offer. An Offer to Purchase is made in writing, and it includes the
following elements:
If your offer is not accepted by the seller, further negotiations may be needed, to reach mutually agreeable terms.
When the offer is accepted
After both buyer and seller agree on the terms, the buyer should immediately apply for financing and have all necessary inspections
(such as building inspections, pest inspections, etc.) done at the property.
The seller’s lawyer makes a draft of the formal Contract of Sale, based on the agreed terms. The buyer should select a lawyer who
would review the contract on his behalf, and arrange for signing this contract.
The Contract of Sale
The contract should include:
The contract is reviewed by the buyer and his lawyer, and signed within several days. The buyer issues a check for about 10% of the
purchase price, which is deposited on an escrow account by the seller’s attorney. At the time of the closing, this money will go towards
the purchase price.
Closing
At closing all parties sign all the paperwork needed to complete the sale. The seller transfers the title to the property to the buyer, and
he receives the payment for the house. The buyer receives the keys to the house. All documents such as deeds and loan papers are
prepared and signed. These documents will be filed with the local property record office.
loan determine how much you will in fact pay for the house! To help you find a mortgage program that is best for you, I cooperate with
experienced mortgage consultants, who will look at your individual financial situation and choose the loan that perfectly fits your needs.
How to make an offer
We have found a perfect home for you. Now you are ready to make an offer. An Offer to Purchase is made in writing, and it includes the
following elements:
- The sum you are willing to pay;
- The amount of your mortgage;
- Closing date;
- Occupancy date;
- What personal property is included in the sale or excluded from it;
- Contingencies such as obtaining a mortgage or various inspections (for instance, building inspections, tests for termites or
lead), which depend on the property.
If your offer is not accepted by the seller, further negotiations may be needed, to reach mutually agreeable terms.
When the offer is accepted
After both buyer and seller agree on the terms, the buyer should immediately apply for financing and have all necessary inspections
(such as building inspections, pest inspections, etc.) done at the property.
The seller’s lawyer makes a draft of the formal Contract of Sale, based on the agreed terms. The buyer should select a lawyer who
would review the contract on his behalf, and arrange for signing this contract.
The Contract of Sale
The contract should include:
- Purchase price;
- Amount of mortgage;
- Mortgage contingency, if any;
- Quality of title to be conveyed;
- Date of possession;
- Itemized list of personal property included in the sale;
- Itemized list of personal property excluded from the sale;
- Satisfactory building and other applicable inspections.
The contract is reviewed by the buyer and his lawyer, and signed within several days. The buyer issues a check for about 10% of the
purchase price, which is deposited on an escrow account by the seller’s attorney. At the time of the closing, this money will go towards
the purchase price.
Closing
At closing all parties sign all the paperwork needed to complete the sale. The seller transfers the title to the property to the buyer, and
he receives the payment for the house. The buyer receives the keys to the house. All documents such as deeds and loan papers are
prepared and signed. These documents will be filed with the local property record office.
Dedicated to finding the right home for you...
| 255 Executive Drive, Suite 104 Plainview, NY 11803 |
| Tomasz Raczkowski 516.642.9119 Real Estate Agent Licensed in State of New York |
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| For Buyers |
I understand that buying a home is one of the most
important decisions in your life. It is not only the
biggest investment you will probably ever make, but
also a decision on where you will live with your
family for many years to come. As your agent, I take
on personal responsibility for all the details of you
home purchase.
Let me explain, what the usual home-buying
process looks like.
Great selection of properties through the MLS
Thanks to the Multiple Listing Service (MLS), I have
access to thousands of houses and apartments
listed for sale throughout New York and Long
Island !The Multiple Listing Service of Long Island
(MLSLI) is a computerized network of over 1,500
real estate offices across the Nassau, Suffolk and
Queens counties. MLS enables brokers and agents
to share listing and sale information. Thanks to this
network, I can match buyers and sellers to find a
buyer for your property or to find the house of your
dreams!
I can provide you with detailed information on
almost any property that is listed for sale, no matter
what real estate company is listing it. So whenever
you run across a “for sale” advertising that interests
you, either in a newspaper, online, or posted in front
of the house, I am able to access the data.
Help with obtaining a loan
The initial step I will ask you to make will be to
obtain a preapproval for a loan. The preapproval will
demonstrate your financial ability to complete the
purchase. Based on this information, we can start
looking for a home that will fulfill your expectations
and be affordable for you.
important decisions in your life. It is not only the
biggest investment you will probably ever make, but
also a decision on where you will live with your
family for many years to come. As your agent, I take
on personal responsibility for all the details of you
home purchase.
Let me explain, what the usual home-buying
process looks like.
Great selection of properties through the MLS
Thanks to the Multiple Listing Service (MLS), I have
access to thousands of houses and apartments
listed for sale throughout New York and Long
Island !The Multiple Listing Service of Long Island
(MLSLI) is a computerized network of over 1,500
real estate offices across the Nassau, Suffolk and
Queens counties. MLS enables brokers and agents
to share listing and sale information. Thanks to this
network, I can match buyers and sellers to find a
buyer for your property or to find the house of your
dreams!
I can provide you with detailed information on
almost any property that is listed for sale, no matter
what real estate company is listing it. So whenever
you run across a “for sale” advertising that interests
you, either in a newspaper, online, or posted in front
of the house, I am able to access the data.
Help with obtaining a loan
The initial step I will ask you to make will be to
obtain a preapproval for a loan. The preapproval will
demonstrate your financial ability to complete the
purchase. Based on this information, we can start
looking for a home that will fulfill your expectations
and be affordable for you.
