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Buy NYC
Buying NYC
Home. More than a physical space, your home is your
sanctuary. It’s where you lay your head at night and
where you feel most safe. It’s where relationships
are built and families are made.
The right space makes all the difference.
So, let’s find it.
From Brooklyn brownstones to Chelsea penthouses,
Team Carte Blanche stands ready to guide you home
with block-by-block expertise and fierce negotiation skills.
Home » Buy NYC
5 Keys TO BUYING in nyc
2. Partner With Us
- Partnering with an agent saves you time and money—there’s simply no reason not to do it.
- Our team will work tirelessly on your behalf—providing a boots-on-the-ground perspective and necessary context about neighborhoods, properties, and market conditions.
- With our extensive knowledge and expertise, we’ll guide you through the buying process from start to finish, finding the perfect home and negotiating the best price and terms.
4. The Art of the Offer
- Congratulations! You’ve found the home of your dreams and you’re ready to put in an offer.
- When crafting a persuasive offer, there are a few key questions to consider.
- How many days has the home been on the market? Are you paying cash or financing? Is it a new development or resale?
5. Hire the Right Team
- Choosing the right attorney is essential, as they play a crucial role in the success of your transactions.
- Find someone who is experienced in transactional law and well-equipped to handle any issues that may arise.
- Luckily, when you partner with Carte Blanche, you gain access to our carefully vetted partner Rolodex which includes the industry’s top attorneys.
The Purchasing Timeline
Pre-Offer
Offer To
Contract
Contract
Contract to
Closing
Closing
Steps
Timeline
Who is Involved
Step: Mortgage pre-approval
Timeline: 2-3 days
Who Is Involved: Buyer, Lender
Step: Property search
Timeline: Varies
Who Is Involved: Buyer, Broker
Step: Gather tax and financial records
Timeline:
Who Is Involved: Buyer
Step: Transfer any funds being gifted
Timeline:
Who Is Involved: Buyer
Step: Review credit report
Timeline:
Who Is Involved: Buyer
Step: Interview real estate attorneys
Timeline:
Who Is Involved: Buyer
Step: Identify a property
Timeline:
Who Is Involved: Buyer, Broker
Step: Submit offer
Timeline: 1-2 weeks
Who Is Involved: Broker
Step: Negotiations & offer acceptance
Timeline: 1-4 days
Who Is Involved: Broker
Step: Due diligence/contract negotiations
Timeline: Ideally 1 week max
Who Is Involved: Attorney
Step: Inspection (optional)
Timeline: 1-3 hours
Who Is Involved: Inspector, Buyer
Step: Contract signing/deposit paid
Timeline:
Who Is Involved: Buyer, Attorney
Step: Counter signing
Timeline: Within 24 hours of buyer signing
Who Is Involved: Seller, Attorney
Step:
Timeline: *Deal is now binding*
Who Is Involved:
Step: Apply for Loan
Timeline: ASAP, within a week of contract
Who Is Involved: Buyer, Lender
Step: Bank Appraisal
Timeline: ASAP following loan application
Who Is Involved: Broker, Appraiser
Step: Loan Commitment
Timeline: 2-4 weeks
Who Is Involved: Buyer, Lender
Step: Purchase application
Timeline: 10 business days*
Who Is Involved: Buyer, Broker
Step: Management reviews
Timeline: 1-2 weeks
Who Is Involved: Management
Step: Board Review (co-op, condo)
Timeline: 1-2 weeks
Who Is Involved: Board
Step: Board interview set (co-op)
Timeline: Within 1-2 weeks
Who Is Involved: Buyer
Step: Notification of approval
Timeline: Within 24-72 hours
Who Is Involved: Board, Broker
Step: Loan is finalized
Timeline: 1-2 weeks
Who Is Involved: Lender, Buyer
Step: Bank issues Clearance to Close
Timeline: Minimum 3 days before closing
Who Is Involved: Lender
Step: Bank & Attorney Prep Closing
Timeline: 1 week
Who Is Involved: Lender, Attorney
Step: Closing is set
Timeline: 1-2 weeks later
Who Is Involved: All parties
Step: Final Walk Through
Timeline: Day before or day of closing
Who Is Involved: Buyer, Broker
Step: Closing
Timeline: 2-3 hours
Who Is Involved: All parties
*Per usual contract terms, board package must be submitted within 10 business days of contract signing or within 3 days of receipt of loan commitment if financing.
Applicable to condos
Applicable to co-ops
Buyer Resources
Buyer Resources
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To gain access to our collection of buyer resources, contact us today.
To gain access to our collection of buyer resources, contact us today.
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