Savvy..... Buyers
Here is a Guide to the STEPS in Finding YOUR NEW HOME.
Becoming a Savvy Buyer takes time and effort. Making the smart move of choosing a REALTOR® with a Written Agreement is the first step to ensuring that the new home and community meets your needs and that you are guided through every step in finding and buying a home in Westchester.
- Competitive Mortgage Rates from Rand Mortgage an affiliate of Prudential Rand Realty.
- Title Insurance affiliate Hudson Abstract Services -
Quality Service Guarantee ®
John Sardy is Quality Service Certified® through a third party certification company and has an excellent rating.
Buyer's "Real Estate for Dummies"
As Your Agent, I Will:
- Present the New York State Disclosure Form describing how buyers are represented by the real estate agent.
- Assertain your HOME preferences in order to direct you to properties that might fit your needs.
- Assure that you see properties in the area that meet your criteria. (Properties shown are from various brokers in the area)
- Guide you through the entire home buying process, from finding homes to looking at it, to offering the qualified services of associate lenders. (You may choose any lender.)
- Assist you in determining the most reasonable price for a home based on a comparative market analysis that would be offered to you if needed.
- Answer all of your questions about the local market area and direct you to the proper sources for additional information such as;schools, the local economy, and more.
Before You Start Looking For Your New Home:
- Check your credit rating. Also, check the new Economic Stimulus Act of 2008, which was signed into law on February 13, 2008.
- The new FHA limit loan for Westchester and Dutchess counties is, $729,750. The in creased Fannie Mae and Freddie Mac loan limits is also $729,750.
- Contact Rand Mortgage for competitive rates.
- Determine a comfortable monthly budget for your new purchase, including down payment and monthly payment.
- Contact a Financial Services Company if need be to crunch your numbers and create a sound investment plan. Financial advice can be very helpful at this time. May I recommend an Independent, Fee Only, NO product sales, straight forward, quality Financial advice with www.STEWFS.com contact John Belluardo at 914 380 1421
- Find a loan program (Affiliate) that meets your needs and get pre-qualified (preferably pre-approved). I can also recommend loan officers that speak other languages or recommend other competent loan officers in the area Rand Mortgage.
- Choose a REALTOR® that is trustworthy and who understands your needs.
- Determine what areas, towns or communities may best serve your needs.
- Identify important features you need your new home to have; (Please Note)
- Kitchen - Fully Updated, Large, Eat-in, Gourmet, open floor plan with Family Room.
- Living Room - Fireplace, Cathedral Ceiling, Walk out Deck/Patio
- Dining - Formal Dining Room, Dining Area
- Deck/Patio/Terrace
- View of River/Lake/Garden/Trees
- Basement - Finished/Walk-out/Windows
House Inspectors:
- Ricky's American Home Inspections and termite control
Frank R. DeMuro, President
888 757 9022
- Carnell Building and Environmental Inspections
26 Legion Dr. 1st Fl, Valhalla, NY 10595
Phone 914 946 4300
Fax: 914 946 4714
www.carnellengineering.com
- Inspect America Engineering, PC
3 School St, White Plains, NY 10606
e-mail: staff@inspectamerica.com
phone: 914 682 9090
website: www.inspectamerica.com
Closing Costs to Expect:
- Lender fees include charges for loan processing, underwriting, preparation and establishing an escrow account.
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Third-party fees include charges for insurance, title search, and other inspections such as termites.
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Government fees include deed recording and state & local mortgage taxes.
- Escrow and interest fees include homeowner's insurance, loan interest, real estate taxes, and occasionally private mortgage insurance.
Real Estate Attorneys recommended:
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Peter Nurzia, Esq.
Phone: 914 332 1500
Fax: 914 332 1777
660 White Plains Road
Tarrytown, NY 10591 -
Joseph R. Locascio Jr. Esq.
560 Warburton Ave
Hastings on Hudson, NY 10706-1522
Office: (914) 478-0900
Fax: (914) 478-1720 -
Ralph DeRosa, Esq.
54 Main St, Tarrytown, NY 10591
Phone: (914) 631 0913
Title Services
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Hudson Abstract Services an affiliate of Prudentil Rand Realty.
Adam Stern, Sales Representative
1 North Broadway, Lobby Level
White Plains, NY 10601
Office: (914) 798-9159
Cell: (914) 906-5847
e-mail: Adam.Stern@Hudsonabstract.com
