Buying your first home on Long Island is exciting—but it can also feel overwhelming. From taxes to timing, Long Island real estate has its own rules. This guide breaks down what first-time buyers need to know so you can move forward with confidence.

Step 1: Understand Your Budget (Beyond the Purchase Price)

On Long Island, your monthly payment includes:

• Mortgage

• Property taxes

• Homeowners insurance

• Possibly flood insurance

Knowing your true monthly cost is key.

Step 2: Get Pre-Approved Early

A pre-approval strengthens your offer and helps you move quickly in competitive markets. Sellers take pre-approved buyers far more seriously.

Step 3: Choose the Right Location

Do you want:

• Easy LIRR access?

• A top-rated school district?

• Proximity to beaches or downtowns?

Your lifestyle goals should guide your search just as much as price.

Step 4: Be Ready for Competition

Long Island homes—especially starter homes—can receive multiple offers. Having a strong strategy can make the difference between winning or losing a home.

Step 5: Home Inspections Matter

Older homes are common on Long Island. Inspections protect you from unexpected repairs and help you negotiate confidently.

Step 6: Know the Timeline

From accepted offer to closing typically takes 60–90 days, depending on financing, inspections, and contracts.

Step 7: Work With a Local Expert

First-time buyers benefit most from agents who know:

• Local pricing trends

• Negotiation strategies

• Town-specific rules and costs

Ready to Buy Your First Home?

The Galluzzo Real Estate Team specializes in helping first-time buyers navigate the Long Island market with clarity and confidence.

📞 Call us at 631-774-3333 to start your home-buying journey today.