1. Find Your Budget. Most New York City buyers choose to finance their luxury condo purchases. With that said, the first step you’ll have to take is to figure out how much money you can expect a bank to give you for a mortgage with a pre-approval. A pre-approval is not binding, but it’s the absolute best way to find out how much you can afford.

2. Prioritize your needs and wants. Take the time to prioritize what you want in your next home regarding light, space, views, amenities, layouts, bedrooms, bathrooms, outdoor space, and anything else that will play a big factor in your decision making process. Until you know what’s more important to you it’s impossible to feel comfortable making a decision.

3. Find Your Preferred Location(s). Knowing where you want to live will simplify your search and make it much easier to find the perfect home for you in the 1000s of listings currently available. If you’re unsure, perhaps this is a great time to use the opinions of friends, family, and the internet to weigh the benefits and drawbacks of different neighborhoods.

4. Pick An Apartment. This can be the most stressful time with the sheer number of properties available for you to compare to. This can take anywhere from a day to several months.

5. Make An Offer . Making a strong offer lets the seller know you are a serious buyer and not looking to waste time, the most precious resource. This doesn’t mean outbidding yourself, but it does mean being realistic in your expectations. EVERYTHING is negotiable.

6. Perform Due Diligence- To make a purchase in New York City you will need the services of a real estate attorney. They will be able to do research on the building to make sure it is financially sound and a good investment of your dollar. If you are in need of an attorney I’ll be happy to forward you the contacts of some I’ve worked with.

7.Move-In. Welcome To Your New Luxury Condo.

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