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The latest Information for Home Buyers
Everything You Need to Know About The Home Loan Approval Process
The greatest hurdle for first-time home buyers is the mortgage approval process. Countless buyers have told me about their anxiety surrounding loan approval. Where to begin? Which bank should they call? How many preapprovals do they need? What documents are needed for...
8 Reasons Buyers Have Trouble Buying a Home
Buying a home (especially if you are a first-time homebuyer) is a daunting process. Misinformed buyers trying to represent themselves not only will fail to buy a home, they might even ruin their chances at buying in the future. Don’t let this happen to you, interview...
Down Payment Assistance in Illinois
When considering purchasing a home we’ve all heard how important it is to save for the down payment, but what is it?A down payment is money you pay to secure a large purchase like a home. The down payment is your first payment of the purchase, and represents your...
Do I Need to Hire a Real Estate Lawyer in IL?
Buying a home involves a lot of moving parts, and a lot of people. Getting to know agents, inspectors, and contractors, it’s no surprise why you’d reconsider familiarizing yourself with yet another professional during this important process, especially when that...
How do Mortgage interest and principal work?
A mortgage is a long-term bank loan that allows people to buy houses and property. In order to turn profit, banks add interest on top of the principal loan payments. The real cost of a mortgage depends on your downpayment, the principal loan, the interest rate, your...
What is a Buyer’s Agent?
Buying a home is no easy task. For most prospective owners it means a long and emotional journey, filled with difficult decisions. Buyer’s agents exist to guide you along that journey as smoothly as possible. Most people work closely with a buyer’s agent throughout...