We'd be honored to serve you in this very important process, and we never forget that we work for yo

We love what we do!  Our goal is to not only help you realize the best financial opportunity in either your sale or purchase of real estate, but to also make your transaction as smooth as possible.  

PURCHASING A HOME CAN SEEM DAUNTING.  WHILE IT CAN BE A LENGHTY PROCESS, IT'S NOT TOO DIFFICULT WHEN WE BREAK IT UP INTO SMALL STEPS.

The Basic Steps of Purchasing a Home

1. Make sure you have spoken to a lender before you begin your search. Any offers will need to be accompanied by a pre-qualification or pre-approval letter. Know your price range. 

2. Determine the most important needs for your home – size, # Bedrooms, Baths, Location, Condition, etc.

3. Check out homes online to educate yourself as to what is on the market in your area and price range.

4. Have your Real Estate Agent show you several homes and then choose the one that is best for you.

5. Make an offer on the home, with the help from your Agent, using comps in the marketplace. 

6. Be prepared with a counter offer. Know the top $ that you are willing to pay and don't get emotionally attached to the outcome. 

7. After your offer is accepted, and all parties have signed, your offer becomes a contract. It is a legally binding document. You will have about 3 business days for your attorney to approve the contract. This is called “attorney approval.” When both attorneys have signed off, you will continue to move forward.

8. You will have 5 days after contract is signed to apply for a mortgage if necessary. You should shop around beforehand, so that when the proper time comes you have a working relationship with a mortgage broker.  You will use the same lender that you got your pre-qual letter from. 

9. You will have 10 days in which to complete a structural inspection. If there is no problem, we move ahead. If there is a major structural defect (a single item totaling $1500 or more), then we negotiate a repair or repair credit. When this is buttoned up, we move forward.

 10.Usually at this point we are waiting for the bank to have the house appraised and for you to get your mortgage approval in the form of a Commitment Letter. This can take anywhere from 2-4 weeks after you've applied for your mortgage. 

11.Once you've received your commitment letter, your attorney will order your title work (required by the bank). Your bank will also often ask for several items at this time, usually your latest pay stub. Make sure you get those to the bank as quickly as possible, so that they can give you a “Clear to Close” and a closing date can be set.

12. You will need to get Homeowner's Insurance. You cannot close with out a binder from your insurance company. Make sure you send it to your attny. before closing, and bring a copy with you!!

13.Call and alert the Power Company and Phone Company of your move.

14. Your attorney will give you the final figures regading your costs and how much you will need to bring to the closing.  The day of the closing or the day before, we will do a “walk-through” to make sure everything is as it should be. 

15.  We close, you get your keys, and you're a new home owner!

Now that wasn't too bad was it?

As required by NYS Real Property Law S442-H Brilliant Home Realty makes available our current policy regarding prospective purchasers of real estate (copies of our Standard Operating Proceedures are available upon request.)

We do  require Exclusive Buyer Broker Agreements and do we require prospective clients to show identification.

We do not require pre-approval or proof of funds to begin working with you and sending you listings via email. We do, however, require pre-approval for a mortgage loan or proof of funds before we begin showing you homes.