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Application Checklist

TYPICAL SALE REQUIREMENTS:

There will be some variation and differences in requests from building to building, but the following check list is a very good start to organize yourself and be ahead of schedule.

  1. Contract of Sale - signed by all parties, dated, and including all riders
     
  2. Loan Commitment Letter (if financing any part of purchase) - must include monthly mortgage payment and interest amount. If you have not locked in, the mortgage company must provide a Good Faith Estimate of your monthly payment and interest amount
     
  3. Past 2 to 3 months Account Statements verifying financial assets to complete purchase
     
  4. Tax Return and W-2 forms - (Last 2 years)
     
  5. Employment Verification Letter - stating annual salary, bonus (if applicable), position held, and length of employment. If you are self employed, a letter from your CPA or accountant stating your income
     
  6. Pay Stubs (for past 30 days) at least two (2)
     
  7. Typically Two (2) Professional Reference Letters, some times more
     
  8. Four (4) Personal Reference Letters
     
  9. Bank Reference Letter (Must show bank account balance)
     
  10. If currently renting Landlord Reference Letter - must state length of residence and payment history
     
  11. Photo Identification (i.e. Driver’s license, non-driver identification, alien registration card, valid U.S. passport or foreign passport with valid visa) (only if applicable)
     
  12. Self employed applicants also need to submit, Financial Statement for Business - Must be prepared by CPA

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. All dimensions and square footage are approximate. For exact dimensions and square footage, you must hire your own architect or engineer.

Customer should consult with their own counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. All rights to content, photographs and graphics reserved to The Diaman Group and Diaman Group LLC.

The number of bedrooms and bathrooms listed above under building and property descriptions are not a legal conclusion. Each person should consult with his or her own architect, engineer, attorney or zoning experts to make a determination as to the number of rooms in the unit that may be legally used and called as a bedroom.

All material presented herein is intended solely for information purposes only. While, this information is assumed to be correct, it is presented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to dimensions, square footage, room count, number of bedrooms, school district and neighborhood information in building and property listings descriptions are deemed reliable, but should be verified by your own architect, engineer, attorney, or zoning expert.

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