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Navigating the NYC Buying Maze and Find Your Perfect NYC Home with The Finelli Team
The path to purchasing a home in New York City involves several key stages, each requiring careful attention and strategic planning. While every transaction is unique, understanding the general roadmap provides clarity for prospective buyers.
The Finelli Team provides dedicated guidance through every step of this intricate process, ensuring you feel informed and confident from the initial consultation to the final closing. Our goal is to help you find your perfect place in the vibrant tapestry of New York City.
The 9-Step NYC Home Buying Process Overview
As part of Compass, NYC's top brokerage, we offer a significant advantage. With Compass's $1.6 billion tech investment and vast network, your home-buying journey is smoother and more successful. Here's what to expect when buying property in NYC with The Finelli Team.
01
Financial Preparation & Pre-Approval
Choosing the right agent makes all the difference. The Finelli Team brings a powerful combination of advantages directly to your selling process
02
Agent Selection
Choosing the right agent makes all the difference. The Finelli Team brings a powerful combination of advantages directly to your selling process
03
The Property Search
identifying suitable homes based on your criteria: location, budget, property type (co-op, condo, townhouse, single-family), and desired features.Leverage deep market knowledge, provide access to Compass Exclusives & Coming Soon listings, curate searches via Compass Collections, and use advanced search filters to find your perfect match.
04
Making an offer & Negotiation
Determining the fair value and structuring a competitive offer initiates negotiations with the seller.Provide data-driven market analysis using Compass data, strategically prepare your offer, and utilize our proven negotiation skills to secure the best possible terms and price for you.
05
Contract Negotiation & Signing
Legal counsel plays a key role in reviewing the contract. A contract deposit is typically required at signing. Collaborate closely with your attorney, guide you through understanding contract terms, and manage the deposit process.
06
Home Inspection
Highly recommended, especially for houses, to uncover potential defects and assess the property's condition. Recommend trusted inspectors and guide you through understanding inspection findings and potential next steps or renegotiations.
07
Formal Mortage Application & Appraisal
Choosing the right agent makes all the difference. The Finelli Team brings a powerful combination of advantages directly to your selling process
08
Board Approval for Co-ops & Condos
For co-ops and some condos, navigating the rigorous board approval process, which involves a detailed application package and interview, is a critical hurdle. This is a significant area of our expertise. We provide expert guidance in meticulously preparing your comprehensive board package, help ensure you meet stringent financial requirements, and coach you for the board interview, significantly increasing your likelihood of a successful approval.
09
Final Walk-through & Closing
Before the final step, a walk-through ensures the property's condition meets expectations. The process culminates at the Closing, where ownership is officially transferred.Ensure the property condition is satisfactory, manage the closing schedule logistics, provide clarity on final closing costs, and celebrate with you!

The Finelli Team at Compass
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Ready to Find Your Next Home?
Share your vision with us—your must-haves, budget, preferred neighborhoods, and lifestyle. You'll gain priority access to off-market and Coming Soon homes. Easily schedule and manage in-person or virtual tours. From contract negotiation to closing day, we provide expert guidance every step of the way.