While the attorney is handling the contract, the next thing to do is to find an engineer.

Part V - Home inspection - Unless you are going to tear down the house, the contract is subject to engineer's report. Most buyers won't sign the contract until they know that the house has no structural damage. So the best move now is to contact an engineer to do a home inspection.

In New York, they have to be licensed. They will advise the new buyer if the house is structurally sound and up to code. If anything is illegal or need immediate attention, he will include them in his report. The buyer pays the inspector and price varies depending on the size of the house.

Some inspectors do a complicated report that it scares the buyer and the buyer backs off. I have once an inspector for a 5-apartment building that my buyer was ready to buy. The inspector scared them off about termites. He did the same thing to another client of mine. Nowadays I don't refer business to him and I told the other agents in my office too. We had a list of home inspectors in our office who we recommend to our clients.

Termite is always an issue with Long Island homes. The homebuyers should be aware that all homes in Long Island have been invaded by termites. As long as you are taking care of the problem and have a maintenance contract with an exterminator who checks your home quarterly, you're fine. If a colonies of termites are found on the premises, a good exterminator will recommend a liquid treatment and install a termite bait system where a containerized bait loads are installed around the perimeter of your home.

If you are interested in selling or buying a home in Brookville, Muttontown, Oyster Bay, East Norwich, Oyster Bay Cove, Syosset, Laurel Hollow, Bayville, Centre Island and Mill Neck, please contact Rosalinda Morgan, "The Rose Lady".

Ph - 516-385-0584

Email - linda@rosalindamorgan.com

Website - www.rosalindamorgan.com

Posted by Rosalinda Morgan, "The Rose Lady", Brookville NY Real Estate Professional on 08/22/2009 10:36 PM

Comments (2)

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2 Comments on THE PROCESS OF BUYING A HOME IN BROOKVILLE, NY - PART V

AUG

Rosalinda, I find your series very interesting as it clarifies some of the differences in the home buying process in New York and our state of Florida.

Silvia - The most prominent difference is using the attorney. I understand in most states, the agent does the contract. We must have a big lawyers' lobbyist for them to do the contract. Lucky for us but when I move out of New York, I have to learn how to prepare the contract.

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