Property Tax Reduction Consultants
125 Jericho Turnpike, Suite 500
Jericho, NY 11753
Jericho, NY 11753
(516) 484-0654 or (631) 484-0654
The home buying experience can be stressful, exciting and exhausting all in the same breath. You've reached the point in your life where a home is what you want, but buying is no easy task. Luckily for you, we have been in the real estate and tax space for quite some time and we are going to share you on some of our favorite buying tips!
To help get a better idea of what you want, do some house hunting with no expectations first. You'll start to notice that there are things you like about certain properties and some things you like about others. After you've done your research, you should be able to communicate exactly what you're looking for to a real estate agent.
Set a Budget
In traditional real estate, most homeowners plan to put down about 10% of the purchase price as a deposit. You'll have to plan for the closing costs as well, which are typically about 5% of the price of the property. With this in mind, you should start tracking your spending and see where there is room to save. Eating out less, holding off on clothes shopping and making sacrifices can lead you closer to your dream home!
Don't Make Any Large Purchases
If you're in the market for a new home, it is best to leave your credit score alone for the time being. You shouldn't be making any large purchases that could affect your score when it comes time to close.
Find Your Agent
The most important thing to remember when you are selecting a real estate agent is that this is YOUR agent. You want to find someone you can relate to and also someone that comes recommended. Ask around and see what your friends have to say about their experiences.
Scope the Neighborhood
The perfect home in the wrong neighborhood is never a good mix. If you don't love the neighborhood before you buy, it is likely that you'll regret the purchase later. The perfect home requires the perfect neighborhood and the more homes you see the more this will become apparent to you.
Unfortunately, buying a home is only the tip of the iceberg. You'll have to learn how to maintain a home, clean a home and perform the day to day tasks that are required for a good homeowner. But when it comes time to pay your Long Island property taxes, you don't have to go at it alone.
To learn more about our property tax reduction services, call 516/631-484-0654 or visit us on the web!