01
Prepare your budget
Consider the purchase price alongside taxes, insurance, association charges, maintenance, and closing costs. If financing, speak with a lender about preapproval and the documents they need.
BUYING IN NEW JERSEY & NEW YORK
A clearer path to your next home.
Six stages to help you understand the process. Your signed agreement and professional advisers guide the details of your transaction.
02
Choose representation and explore properties
Discuss your goals, representation, and any required agreements with your agent. Compare properties against your priorities and review the available disclosures.
03
Make an offer and review the contract
Price is one part of an offer. Deposits, contingencies, included items, and timing also matter. Ask your attorney to explain your obligations and deadlines before proceeding.
04
Inspect and complete due diligence
Arrange inspections within your contract deadlines. Review condition, permits, association documents, and other matters relevant to the property. Address requests through the process set out in your agreement.
05
Coordinate financing and title
Work with your lender, attorney, and title professionals on the appraisal, loan conditions, title review, and any issues that must be resolved. The sequence and timing depend on the transaction.
06
Prepare for closing
Review closing figures and documents, confirm arrangements through trusted contact information, complete the agreed walk-through, and coordinate the transfer of funds and possession with your closing team.
Two states. Different contract procedures.
In New Jersey, covered broker-prepared residential contracts include a three-business-day attorney-review provision. Its timing and any extension should be reviewed with your attorney. Do not assume that the same procedure applies to a New York purchase; consult your attorney before signing.
New Jersey’s consumer guide to buying a home ↗General information, not legal advice. Legal services, if separately retained, are provided by the independent Law Offices of Michael Fourte at Fourte International Real Estate.