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Elika & Associates

Blog by Gea Elika
New York

Elika Associates is New York City's premier real estate buyer's brokerage. We exclusively represent you the buyer and provide exceptional services tailored to each discerning client's unique real estate needs. Elika Associates provides local and international buyers with expert, unbiased assistance with all your property inquiries while we find, manage and negotiate the purchase of your next real estate investment.

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First-Time Home Buyers Guide

Feb. 24, 2009

Buying a home is one of the most important purchases people make and many find the process overwhelming. The Elika Associates First-Time Home Buyers Handbook provides essential insider information on purchasing Manhattan Real Estate and is a comprehensive guide, providing details on everything you will need to successfully achieve this milestone.

NYC Apartment prices are down and are likely to fall even further, in turn creating an increase of inventory. We are also experiencing historically low interest rates and with the government’s new stimulus plan including an initiative for first-time home buyers, now is the most opportune time for buyers we have seen in the last decade.

Download our comprehensive First-Time Home Buyers Handbook to assist you in understanding everything about the home buying process.

First-Time Home Buyers Handbook

Press Release - Feburary 24th, 2009

User Comments

1. RE: First-Time Home Buyers Guide

Written by: replica rolex submariner
May. 11, 2009

The mortgage broker might ask for additional information or documentation, don't get all up tight this is normal, just supply the information or find the documents needed.After the appraisal has been completed you will be called by your mortgage broker to sign your loan docs so you can take possession of your new home.Before signing any loan docs make sure they say exactly what you and your mortgage broker went over when you decided on what mortgage program was best for you.I hope this has been of some use to you, good luck.by replica rolex submariner

2. RE: First-Time Home Buyers Guide

Written by: jewelry armoire
Jun. 3, 2009

Check with your local realtor. I believe the gov't gives out brochures for the realtors to hand out.Enjoy the hunt, and don't buy too quickly - take some time and do some shopping.There are a few good houses out there and alot of houses that are - well - not so good.You should design a quick checklist for yourself so that as you go through the house, you remember to check each thing of interest to you. Some of the items may be:
100 amp electrical? Type of heat? Central air? Dry basement? Main floor laundry? Double pane windows? Insulated doors? Age of house? Attatched garage? Age and condition of street, curb & gutter, and sidewalk (this may be a large expense in waiting), number of electrical outlets in each room, are the outlets grounded? How old are the shingles? How old is the water heater? Etc...Each house will have some things that will be a plus, and some things that will be a negative. Use the checklist to help you compare the houses and the prices.Enjoy!

 

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3. RE: First-Time Home Buyers Guide

Written by: jewelry armoire
Jun. 3, 2009

Quoting jewelry armoire:

Check with your local realtor. I believe the gov't gives out brochures for the realtors to hand out.Enjoy the hunt, and don't buy too quickly - take some time and do some shopping.There are a few good houses out there and alot of houses that are - well - not so good.You should design a quick checklist for yourself so that as you go through the house, you remember to check each thing of interest to you. Some of the items may be:
100 amp electrical? Type of heat? Central air? Dry basement? Main floor laundry? Double pane windows? Insulated doors? Age of house? Attatched garage? Age and condition of street, curb & gutter, and sidewalk (this may be a large expense in waiting), number of electrical outlets in each room, are the outlets grounded? How old are the shingles? How old is the water heater? Etc...Each house will have some things that will be a plus, and some things that will be a negative. Use the checklist to help you compare the houses and the prices.Enjoy!

 

 

 

 

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