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Looking to buy a home...Where do You start?

When purchasing a home you are faced with a multitude of decisions.

The primary one is whether you are actually prepared to purchase a home. Getting pre-approved for a loan with  a qualified Mortgage Professional before you start shopping for a home, has many benefits:

  • You know how much you can borrow, so you don't waste time looking at properties you can't afford.
  • You have an edge when you make an offer, because the seller knows you're likely to get a loan and close the deal.
  • You save time on closing your loan, because you've already assembled your paperwork.

Once you are pre-approved your next step is to ask yourself, what kind of home you'd like to have and where you would like to be.

  • Do you want a single-family home, a condo or a townhouse?
  • Do you want to buy new or resale?
  • What area do you want to live in?
  • How many minutes are you willing to commute to work?

 Don't go at it alone; seek advice from a Real Estate Professional. A Real Estate Professional has knowledge of the market and will be able to guide you every step of the way.

When you've found a home and your offer has been accepted, your next step is to have the home inspected by a qualified Home Inspector. An inspection by a qualified professional makes you a more informed buyer, which is essential when you're making such a large investment. Your inspector will examine the foundation, roof, heating and cooling system, plumbing, and much more.

Final Step - Closing the deal. Closing is the final step of the home buying process, when you, the seller, the closing agent, and attorneys meet to transfer funds and finalize paperwork. And when the last check has been written, the last document signed, you are left holding the keys to your new home.

 Congratulations!

On a successful home purchase, you're ready to start life in your new home.

Contact Maria Mastrolonardo, Realtor, to list your property for sale or to purchase a property in Naperville, Illinois

Posted Friday Mar 21