by Illinois Exclusive Buyer Agents | Oct 27, 2020 | Getting Started Buying a Home, Mortgage Information
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...
by Jake H | Oct 25, 2020 | The Home Buying Process
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...
by Jake H | Aug 11, 2020 | Mortgage Information
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...
by Jake H | Jul 11, 2020 | Finding the Right Real Estate Agent, Getting Started Buying a Home
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...
by Illinois Exclusive Buyer Agents | Jul 5, 2020 | Mortgage Information
Use our Mortgage Payment Calculator to calculate what your monthly payment would be: Total AmountDown PaymentInterest RateAmortization Period There are a number of factors to consider when determining the size of the mortgage you can afford. You must consider...
by Jake H | Jun 13, 2020 | Getting Started Buying a Home, Home Buying Tips
As a first-time buyer, saving that 20% downpayment may sound daunting, if not impossible. You are not alone! In fact, the steep downpayment is the single biggest hurdle standing between new buyers and their first homes. For some, it can take a whole lifetime of work...
by Jake H | Jun 12, 2020 | What to Look For in a Home
There are many special considerations when buying a condo. Since condos make up a large part of the real estate menu in Chicagoland, it’s wise to understand what makes them different from single family homes. One key difference is the existence of condo associations...
by Jake H | Jun 10, 2020 | Finding the Right Real Estate Agent
What Is a Buyer’s Agency Agreement When purchasing a home with a real estate agent, a buyer is almost always asked to sign a buyer’s agency agreement. What exactly is that, and how will you know if your agreement is fair? What is the Buyer’s Agreement? A buyer’s...
by Jake H | Jun 9, 2020 | Getting Started Buying a Home, The Home Buying Process
Searching for a new home? From shopping to inspections to agent selections, the whole process is a lot to wrap your head around. Here’s a summary of house-hunting’s who, what, when, and where to make the process a little smoother: Picking a home (1-2 months) First...
by Jake H | Jun 1, 2020 | Finding the Right Real Estate Agent, Getting Started Buying a Home, Home Buying Tips
Real estate agents are more than just witnesses to the purchase of your new home. The agent you choose will affect the options you see, the money you spend, and your success in negotiations. Most people go with the first agent they meet, or a recommendation from a...
