Brooklyn New York Real Estate Attorney FAQ's

DO I NEED A LAWYER TO BUY A HOME?

In New York, an experienced real estate lawyer is a must in the purchase of a home. A lawyer will assist you with the complex paperwork and legal contracts. A lawyer can review contracts, make you aware of special considerations, and assist you with the closing process. Your real estate agent may be able to recommend a lawyer. If not, shop around. Find out what services are provided for what fee, and whether the attorney is experienced at representing home buyers.

DO I REALLY NEED HOMEOWNER'S INSURANCE?

Yes. A paid homeowner's insurance policy is required at closing, so arrangements will have to be made prior to that day. Plus, involving the insurance agent early in the home buying process can save you money. Insurance agents are a great resource for information on home safety and they can give tips on how to keep insurance premiums low.

WHAT DOES A HOME INSPECTOR DO, AND HOW DOES AN INSPECTION FIGURE IN THE PURCHASE OF A HOME?

An inspector checks the safety of your potential new home. Home Inspectors focus on the structure, construction, and mechanical systems of the house and will make you aware only of repairs that are needed. Generally, an inspector checks the electrical system, plumbing and waste disposal, the water heater, insulation and Ventilation, the HVAC system, water source and quality, the potential presence of pests, the foundation, doors, windows, ceilings, walls, floors, and roof.. It's a good idea to have an inspection before you sign a written offer since, once the deal is closed, you've bought the house as is. Or, you may want to include an inspection clause in the offer when negotiating for a home. An inspection clause gives you the ability to renegotiate the purchase price if repairs are needed. An inspection clause can also specify that the seller must fix the problem(s) before you purchase the house.

DO I NEED TO BE THERE FOR THE INSPECTION?

It's not required, but it's a good idea. Following the inspection, the home inspector will be able to answer questions about the report and any problem areas. This is also a chance to hear an objective opinion on the home you'd I like to purchase.

ARE OTHER TYPES OF INSPECTIONS REQUIRED?

If your home inspector discovers a serious problem, a more detailed inspection may be recommended. It's a good idea to consider having your home inspected for the presence of a variety of health-related risks like radon gas, asbestos or potential problems with the water or waste removal system.