Whether relocating to a new area or buying a first home take these important steps into consideration before you begin your search.

Get a loan preapproval

Make sure that you have the money for closing costs and a down payment. The advantage is that you and your real estate agent won’t waste time looking for or at properties that are beyond what you can afford.

On finding the right home you won’t have to wait for an approval and will be able to make an offer immediately.  This is important in a competitive market and most sellers won’t consider an offer unless you have proof of available funds.

Know your needs

This pertains to the square footage, rooms, type of home, and neighborhood and more.  Take your lifestyle and family situation into consideration; make sure your transportation needs are addressed.

Determine whether you prefer any specific architectural style.  Would you be willing to look at an older place in need of some tender loving care?

Go online and peruse listings to get an idea.

Plan ahead

For most of us, the purchase of a home is going to be a long-term investment.  By foreseeing future needs, you can avoid a home that might be too small if you still have a growing family, or duplex in which stairs might become difficult to climb as you age.  

Don’t set unrealistic expectations

Be prepared to compromise.

Consider resale value

Do your research. Will the home hold its value over the long term?

Second opinions

Be careful here. Don’t get confused by asking too many people their opinion. Trust yourself.

Turn to a REALTOR®

The most qualified professional to help you with your search, a REALTOR® can be a trusted advisor with all the above, and so much more. I am a licensed REALTOR® and serve the Northwest suburbs of Chicago. My 30+ years of experience allows me to best advise you. Most importantly my duty is to you, but I am paid by the seller. Contact me for outstanding buyer representation.