Summary:

Anthony interviews Maggie Ross, one of the top real estate agents in Brooklyn and Manhattan for over the past decade. Apart from being an agent, Maggie is also a licensed lawyer. Listen as she talks about everything you need to know when buying your first home. With Anthony, Maggie walks us through how people decide on purchasing a home, what factors are to consider, what role seasonality plays in the market when buying or selling, what are the possible location differences, budgets and costs.

Covered Topics:

• Deciding on a home purchase for 1st time buyers
• Factors that come in negotiation
• Seasonality
• The difference between properties in the city and the suburb
• Amenities
• Zoning
• Budgets and Costs
• Red flags to look out for
• Offers and negotiations

Takeaways:

• Closing dates are dependent on the purchaser.
• Details, expectations, and wish lists are things to be talked about when co-purchasing a house.
• It’s important to consider all factors like zoning and amenities before deciding on a home.
• The ideal budget you should have upfront is the 20% down payment + closing costs + liquidity required by your bank/lender.
• Work with people who will be on the buyer’s side and not just on the seller’s.
• Get a broker rather than just selling/buying by yourself.
• It’s paramount to work with a broker or an agent that you trust.

Link and Resources:

• InsideSchools – Online resource you can check in to check school zones

Thanks for listening. Go to anthonyspark.com for full show notes. Join my free weekly newsletter for regular updates in your inbox. Or follow me on:

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