Rossi Real Estate Services LLC, Rossi Real Estate Services LLCPhone: (518) 598-7711
Email: [email protected]
Email: [email protected]
House buying costs involve much more than just the purchase price. Things like private mortgage insurance, property taxes, HOA fees, homeowners insurance and other expenses can add up quickly, making it even more important to prepare for them.
To make sure you're ready to handle the upfront costs and ongoing expenses of buying a house, here's what to expect:
There may be many costs involved with the loan application process, including fees due at closing. In general, closing charges vary from two to five percent of the home purchase value. Depending upon the lender, you can still find lower fees by shopping or by negotiating lower fees.
If you see any fee you feel is excessive or unneeded, like application fee or mortgage loan lock fee, contact your lender to get additional information.
Depending on your closing costs, the first months may involve some ongoing costs. During the second year, you may have to pay additional expenses, such as local property tax.
If your home is part of an association, you'll have to pay your dues, which range from just one dollar to hundreds per month depending upon how the association provides facilities.
Home inspections are generally optional, but are extremely recommended. A home inspection typically varies in cost between $500-$800, and can provide information about the condition of the home that will guide you to the best deal. Additional costs may be charged when a pest or radon inspection is necessary or advisable.
The more you know what to expect when it comes to expenses, the better you can budget and plan for your future as a homeowner. Check with your mortgage lender about any fees you're unsure about, and remember these additional costs of buying when creating a budget for your homebuying process.
Rossi Real Estate Services LLC is a boutique real estate brokerage firm that provides close personal attention to buyers and sellers in the Capital Region and surrounding areas. “Typical” is not a word that clients use to describe Rossi Real Estate's approach to home buying and selling. Building upon years of experience, Rossi Real Estate employs creative marketing approaches, combined with a vast network, to quickly sell homes. By creating home floor plans, professional photography, and online marketing videos, Rossi Real Estate is able to depict home layouts and professional marketing to potential buyers before stepping foot in your home; this saves the seller valuable time by attracting only those buyers who have greater interest in the home. Additionally, by employing targeted online marketing, Rossi Real Estate targets buyers searching for homes just like yours.
Joe Rossi, the Principal Broker at Rossi Real Estate, builds upon over 12 years real estate experience in every transaction. Joe zealously advocates for his clients by combining his diverse background in law, finance, complex negotiation, and management, with compassion and exemplary communication skills creates. He explains transaction details and guides his clients through every step of the buying and selling experience. Furthermore, Joe listens to his clients’ wants and needs. In a recent transaction, the buyer profusely thanked Joe, stating he was, “[T]he only one in the transaction that was capable of communicating with the sellers in a way that ensured we were able to close on our dream home”.
Our real estate practice includes leading professionals, all of which are NYS Licensed Real Estate Sales Associates: Joseph R. Rossi, Ryan Hart, & Dustin Cogswell. Their experience includes work at a fortune 100 company, military operations, and technical recruiting.
If you're looking for a real estate broker who goes above and beyond the industry, who genuinely cares about their clients, and who will drive results, contact Rossi Real Estate Services LLC today.
The Stuff our attorneys make us include...
In accordance with Real Property Law §442-H, Rossi Real Estate Services LLC implemented a Standardized Operating Procedure governing client engagement. As such, prior to any engagement, Broker:
1. Requires a buyer to produce identification if the identity of the buyer is not readily known through a personal relationship with the broker or licensed sales person;
2. Requires an exclusive agency agreement (i.e. exclusive broker agreement) prior to engagement with any buyer;
3. Does not require pre-approval for a mortgage loan; however, a pre-qualification letter for a mortgage loan or, for cash buyers, proof of funds is required.
Although Broker may not require certain information, a seller of real estate may require this information prior to showing the property and/or as part of any purchase offer.
