Let's face it. Making the decision to buy a home can seem very daunting, even to someone that has gone through the process before. Following the 4 steps below can help make your home buying experience a smooth one.
1. Get Pre-approved for a Mortgage! This is the first and most important step in the home buying process. It allows you as the buyer to know your budget as well as the type of financing you will be utilizing. Several counties in Illinois are offering down payment assistance programs (up to $7500), and they are not just for first time buyers. Who doesn't like free money?! Be sure to ask about these programs when you start the pre-approval process. If you'd like a list of lenders that offer these down payment assistance plans, please reach out to our team.
2. Select the Right Real Estate Agent/Team. Get to know your agent before going out and viewing homes. It's important to work with someone that is knowledgeable about the current market. An agent should not be someone that just opens doors to homes. They should guide you through the entire process and make the transaction as smooth as possible. Our team offers FREE buyer consultations, allowing you to get to know us, as well as giving us the opportunity to get to know you and your real estate needs.
3. Create Your Home Shopping List. Make a list of your home requirements, such as number of bedrooms, baths, school district, etc. Then separate your list into "must have" and "want to have". Your agent will do their best to find homes to fit within your search parameters.
4. Get a Home Inspection! This is the best way to get to know the home you are buying. There is only so much you and your agent can see when you are viewing homes together. An in-depth home inspection is the best way to protect yourself and get a true assessment of the safety and structural integrity of the home.
Closing Time! Once you've made it through your inspections and your loan has been fully approved, it's time for you to get the keys to your new home! This is by far, the most exciting part of the buying process. After gathering all those financial documents for your lender, exploring neighborhoods, looking at homes, and making it to the closing table, you can now enjoy your dream home.
Let The Flying the Coop Realty Group get you into the home of your dreams!