Once you have made the all-important decision to purchase, we recommend that you meet with your CENTURY 21 Sales Associate to talk about your requirements. During this meeting your Sales Associate will ask questions and review your priorities and options that will help us to find what you're looking for.

Once a property is identified, arrangements are made to view it with your Sales Associate. If interested in purchasing, we will prepare an 'Offer to Purchase' for you to sign. The Offer to Purchase outlines the terms of the offer and is the basis on which the seller's attorney prepares the Sales Agreement.

Should the seller accept the offer, a minimum deposit of 3% of the purchase price is required at the signing of the Sales Agreement.

Buyers need the assistance of an attorney-at-law who is experienced in conveyancing to review the Sales Agreement and conclude the sale transaction.

There is no agreement between the purchaser and the vendor until the Agreement for Sale is signed and deposit paid.

Having completed the Sales Agreement, the process to transfer the property title and payment of transfer, city and state taxes is undertaken by the attorneys representing both parties.

The balance of the purchase price is due at the closing of the sale. For purchases that involve a mortgage from a financial institution, the time to complete the sale is approximately 3 months from the date of signing the agreement. For a cash purchase, the buyer and seller determine the time period.

The costs of purchasing a property include:

• NY State and City taxes (1% & .425% of the selling pricerespectively)
• Attorneys fees $700 to $1100 or as negotiated)
• Mortgage processing fees (to be determined by financial institution)

For more information, contact us and tell us what you are lookingfor: info@c21achievers.com