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    Home Buying Process

    TH Image Home Buying (1)

    At Kevin Kalyan Realty, our team of highly qualified buyer agents are committed to finding the right home for you in the shortest amount of time, on your terms – and negotiating the best price!

    Whether it’s your first home or you’re an experienced homebuyer, the home buying process can sometimes seem overwhelming, but we are here to guide you every step of the way and it as smooth as possible. Below are the key steps on the path of purchasing a home and how our knowledge and skills work for you.

    STEP 1: Start Loan Pre-Approval

    The pre-approval process is the first critical step in purchasing your new home. A lender pre-approval letter tells the seller you are a ready, willing and able buyer and may help you if it’s a hot property with multiple offers.


    STEP 2: Find an Agent to Work With

    Our team would love to guide you through this process. As your agent, we’ll discuss what you’re looking for in your new home, your price range, ideal locations, current market conditions and more.



    STEP 3: Start Your Search

    Our website has real-time information to search all homes listed for sale in the area. We’ll be sure to get you information on new homes listed that meet your criteria as soon as they hit the market.


    STEP 4: Get a Grasp of The Market

    Our expertise of the Queens and Nassau market is a valuable resource as you consider what’s a good deal and what isn’t. Understanding market conditions can be difficult, but that’s why we’re here to help.



    STEP 5: Make an Offer

    When you find the home you love, we’ll create your offer, tailored exactly to your needs, for submission to the seller. If it’s accepted, we should close on the home within 60 to 90 days after. If it’s not, we’ll negotiate with the seller to reach a deal.


    STEP 6: Negotiate

    If the seller sends a counter offer, don’t be intimidated! We’ll discuss together if you want to accept it, propose our own counter offer, or refuse the offer and look at other homes. Market conditions determine how aggressively we negotiate the contract.



    STEP 7: Ratified Contract

    A contract becomes ratified when the price, terms, and conditions have all been negotiated and agreed upon. You will need to make an earnest deposit at this point and begin the mortgage loan process.


    STEP 8: Contingencies

    All contingencies written into the contract must be removed before closing. These may include items such as inspections, appraisals and financing.



    STEP 9: Finalize Financing

    If you’re pre-qualified, this shouldn’t take long, but you need to stay in close contact with your lender. We’ll manage all the property information your mortgage lender needs to close the loan.


    STEP 10: Close the Deal

    Once your mortgage is approved, you’ll receive a Good Faith Estimate from your lender of closing costs. It must contain all closing costs and fall within a tight range of accuracy. We’ll help review it to let you know if everything looks correct prior to closing.