The biggest purchase most of us will ever make is most likely our home. The whole process can seem very stressful, and is often complicated for a first timer.

I specialize in working with first-time homebuyers. I educate and inform every step of the way!

Here are five things to know that help make the whole process simpler:

1. Before beginning your home search, think about affordability, lifestyle, future needs and resale potential. This helps you determine the size home, age of home, and location which will be most suitable for you and your family. If buying an older property, insist on a home inspection.
2. Ensure that you have a good credit rating.  Your income should be three times higher than your mortgage repayment.
3. Approach various lending institutions for a mortgage. Have all the relevant information and paperwork readily available.  Most down payments are negotiable, and first-time home buyers usually have some advantages as far as this and interest rates are concerned.
4. Work out a budget, including the purchase price, interest repayments, taxes and insurance. Once you have found a suitable property, you will also need to add any utility costs, travelling expenses, or upgrades. Be realistic when making an offer to purchase, and be prepared to negotiate. Before signing for your chosen property read the contract carefully.
5. Remember that once you are the proud owner of a new home you will need savings for unexpected expenses. Keeping up the maintenance does pay off… letting repairs go always cost more in the long run.

Think of me if you are considering your first home purchase in Chicagoland. I know the city and our surrounding suburbs, have decades of experience, and will represent your needs with the utmost of attention and respect!