Bergen County NJ Real Estate Tour  


Home Buying Process

1.  Develop a relationship with good Realtors.
Home buyers can maximize their advantage by developing a relationship with Realtors who will keep you informed of new listings and who will negotiate the best price and terms for you.   

2. See What You Can Afford
One of the best strategies we can offer is to get pre-approved for a mortgage. It is simple to do and can save you time and money in the negotiating process. 

3. Make a Wish List
We want to hear about your needs, wants and interests in a home. Tell us what you're looking for:
  • Neighborhoods
    What type of community atmosphere are you looking for? 

  • Home features
    What features are priorities, and where are you willing to compromise?  Do you prefer a home in perfect condition or are you looking to save money on a diamond in the rough? 

  • Commute
    How far are you willing to travel?  Do you want to be near public transportation?

  • Lot settings
    Do you prefer a small, easily maintained lot in town or a larger, more rural setting?

  • Home styles
    Colonial?  Contemporary?  Split level?  Ranch?  Are particular styles more appealing to you?

  • Price Range
    Do you want to buy at the top of your range or leave yourself more of a cushion.

4. Let's Go House Hunting
This is the fun part!  We will start our search for homes in your price range.
If we're looking in towns new to you, we will provide lots of information -- as well as drive you around to "give you a feel" for the community.  

We watch the market closely and we'll contact you immediately about new listings that match what your looking for.  Our goal is to help you find the home you're looking for and negotiate the best price for you.


5. Negotiating your Offer
When you find a home you want, we will negotiate the best price possible for your purchase. A home seller can accept your offer, reject the offer, or make a counteroffer.

If the seller counter-offers, you may agree to that price, or make your own counter-offer. If your offer is accepted, your "earnest money" will be placed in a trust account.  It's generally applied to the purchase price when you complete the purchase.  

6. Home Inspection
We recommend the purchase of your home be contingent on an inspection. A professional inspector will examine a home basement, attic, bathrooms, electric/wiring, insulation, plumbing, gas/fuel, furnace, heating and cooling systems, built-in appliances, foundation, construction, masonry walls, fireplaces and chimneys, and roof.

7. The Final Walk Through

Always do a final walk-through after the sellers have moved, but before you go to closing. The final walk-through is not the time to do a home inspection. It's simply an opportunity to make sure that the home being conveyed to you is the home you agreed to buy. Also make sure that that all items the sellers agreed to leave are indeed there. If the condition of the home has changed since your offer to purchase, you are in a better position to get the problems handled when you bring them to everyone's attention before the deed changes hands.

8. Closing
Technically, two separate closings occur at this time:  the closing of your mortgage loan and the closing of the sale.  Here is what happens during and after the closing:

  • You will review and sign the HUD-1 settlement sheet and other loan documents.

  • If everyone agrees that the papers are in order, you submit a certified or cashier’s check to cover the closing costs and the balance of funds due (if applicable).  

  • If the lender will be paying your property taxes and homeowner's insurance, a new escrow account is established.

  • You receive the keys to your new home.

  • The closing agent will record the mortgage and deed at your local government clerk’s office. When the deed is recorded, you become the official owner of the home.

  • Buying a Home
  • Search the New Jersey MLS  
  • Home Buying Articles and Advice 
  • Home Buying Process
  • All about Mortgages
  • Mortgage Calculators 
  • Recent Home Sales  
  • Information Request


"Terry and Bill"
Licensed as Theresa and William Hassan
Coldwell Banker
55 N. Maple Ave. Ridgewood, New Jersey

"Bergen County, NJ - A wonderful place to call home"
Bergen County Real Estate Specialists