First Time Home Buyer

Purchasing a home is a major life milestone and can be a daunting experience, especially for first-time buyers. The real estate market in New York City is known for its competitive atmosphere and fast-paced environment, but with the right preparation and guidance from our team of advisors and staff, it can be a smooth and successful journey.

 

The Homebuying Journey: A Guide for First-Time Buyers in New York City

 

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Get pre-approved for a mortgage

Before you start your home search, it's important to have a clear understanding of your financial situation, including your credit score and the amount you can afford to spend on a home. This will help you narrow down your search. We have incredible mortgage brokers that can help you determine the right type of mortgage for your budget.

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Be flexible

The real estate market in New York City can be highly competitive, so be prepared to act quickly when you find a home you love. It's also important to be flexible about your must-haves and keep an open mind, as you may have to compromise on certain things in order to find the right home for you. 

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Schedule a consultation with a buyer’s agent from our team

A skilled and experienced real estate agent can make all the difference in the homebuying process. They can help you navigate the market, find the right properties, and negotiate on your behalf.

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Do your research

Before making an offer, be sure to research the property, the neighborhood, and review the process with your agent, They’ll have insight into major construction projects nearby, competing offers, pricing history, and inside knowledge about the building. Download our Buyer’s guide to gain more insight into the process. 

In conclusion, the homebuying journey can be a challenging experience, especially for first-time buyers in the competitive New York City market. However, with proper preparation, research, and the help of our team, you can find your dream home and make your first steps as a homeowner a success.

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Work With Us

The Coast Team swift ascension into the real estate world can be attributed to the team's three main tenets: client transparency, data & technology driven, and forward-thinking. The Coast Team has years of experience, vast knowledge of different neighborhoods, and expertise in the luxury and new development market.