A thoughtful buying process
Start with your numbers.
A strong pre-approval tells you what you can comfortably afford and tells listing agents you’re serious. On Long Island, property taxes can change your monthly payment by hundreds of dollars between towns, so Ryan checks taxes and school districts before you tour.
See the right homes.
Set up a custom MLS search so you can see new listings, then tour with a clear eye. Look closely at roof, boiler and window age, permits, flood zones and resale value.
Write an offer that stands up.
Price is only part of it. Financing, inspection timeline and closing date matter. A well-considered offer addresses what the seller cares about while protecting your interests.
Six steps to closing.
- 01
Pre-approval
Budget set, lender letter in hand.
- 02
Search and tour
Compare towns, schools and taxes.
- 03
Accepted offer
Agree on price, terms and timing.
- 04
Inspection and contract
Inspect; your attorney reviews the contract.
- 05
Mortgage commitment
Appraisal, underwriting and title cleared.
- 06
Closing day
Walk-through, signatures, keys.
Buyer questions.
What first-time buyer programs are available on Long Island?+
Common options include FHA loans, VA loans for veterans, SONYMA programs and local down payment assistance. Eligibility depends on income, price limits and the lender, so Ryan can connect you with a lender who can confirm what you qualify for.
What closing costs should a buyer expect in New York?+
Buyer costs typically include the buyer’s attorney, lender fees, title insurance, mortgage recording tax, prepaid taxes and insurance, and the New York mansion tax of 1% on purchases of $1 million or more. Your lender’s loan estimate will itemize them.
How long does it take to buy a house on Long Island?+
Once your offer is accepted, plan on roughly 60 to 90 days to close. Attorney review and contract signing usually take one to two weeks, and mortgage underwriting and title take most of the rest.
Financing programs are offered by lenders and subject to credit and property approval. Not all borrowers qualify.