Real Estate Transactions

If you are a first time Real Estate home, condo, coop buyer purchaser or seller in New York City, New Rochelle, Yonkers, Mount Vernon, White Plains, Pelham, Coop City, Larchmont, Mamaroneck and surrounding towns throughout New York and Westchester congratulations! Stone & Associates can make the process easy and get you to the closing table faster and with the least possible hassle.

Choosing Stone & Associates to act as your closing attorney lawyer prior to even finding the right property or finding the buyer purchaser will simplify and speed the closing process. It will signal to your real estate agent and the seller that you are a serious candidate who is ready to immediately act, the moment the offer is accepted.

Stone & Associates will review and negotiate your listing or representation agreement with the real estate agent and the terms of contract with the buyer purchaser or seller before you sign on the dotted line. We can work with you to understand the financing terms with your lender.

Time is of the essence if you want to quickly close your Real Estate sale or purchase. If you are a Real Estate house, condo or coop seller Stone & Associates will prepare your contract of sale prior to your finding a buyer purchaser so that it can be sent to the Real Estate buyer purchaser within 24 hours of receiving an acceptable offer. If you are a buyer purchaser the proposed contract will be reviewed and modifications sent out within 24 hours of its review and approval by you as our client.

A coop purchase or sale is a little different than that of a home or a condo since the purchaser is buying shares of stock and a proprietary lease instead of title to a Real Estate. Stone & Associates will travel to the managing agent’s office to review the operative documents (the prospectus, house rules, board minutes, financial statements and necessary searches) and review them with you, the purchaser buyer, to make sure that you fully understand the transaction and your investment in a coop.

If you are buying a home or condo in New York City, New Rochelle, Yonkers, Mount Vernon, White Plains, Pelham, Coop City, Larchmont, Mamaroneck and surrounding towns throughout New York and Westchester Stone & Associates will arrange for and review a title search, which is required for all purchases involving a lender and very highly advisable even in a cash transaction. We will assist you in obtaining and reviewing a home inspection report and negotiating remediation or a credit if issues are disclosed.