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WaukeganIlHomes.com

The Buying Process

The Step-by-Step Guide to Buying a Property in the Chicagoland Area

1.) BUYER CONSULTATION MEETING

1. Buy vs. Renting decision
2. Review entire process with your Realtor
3. Understanding all costs related to buying

2.) FIRST STEPS

1. Get Pre-Approval from a Lender
2. Set your price range, including taxes & assessments, if a condo

3.) START VISITING HOMES

1. Which one is the Best?
2. “I’ve found the One”!


4.) NEGOTIATE YOUR PURCHASE

1. Comparative Market Analysis (CMA)
2. Write the offer
3. Formulate Negotiation Strategy
4. Counter-Offer(s) lead to Accepted Offer
5. Delivering of Earnest Money

5.) FIRMING UP THE CONTRACT

1. Attorney Approval Period
2. The Inspection
3. Resolving Contractual & Inspection Items

6. ) LOAN PROCESS

1. Apply for Mortgage
2. Appraisal
3. Mortgage Contingencies


7.) MOVING PREPARATIONS

1. Start/Move Utilities
2. Change of Address
3. Physical Moving Arrangements

8. ) CLOSING PROCESS

1. Schedule Closing
2. Final Walkthrough
3. Closing

9.) TAKE POSSESSION

1. Post Closing Activities

Featured Agents:

  • Tricia Konrath | ChicagoHome Brokerage Network at @properties
    Tricia Konrath, Broker
  • Sonia Madden | ChicagoHome Brokerage Network at @properties
    Sonia Madden, Broker
  • Laura Kelly | ChicagoHome Brokerage Network at @properties
    Laura Kelly, Broker
  • Alison Pepera | ChicagoHome Brokerage Network at @properties
    Alison Pepera, Broker
  • Kristin Thompson | ChicagoHome Brokerage Network at @properties
    Kristin Thompson, Broker
  • Kim Brychel, Broker | ChicagoHome Brokerage Network at @properties
    Kim Brychel, Broker
  • Colette Adams | ChicagoHome Brokerage Network at @properties
    Colette Adams, Broker
  • James Konrath | ChicagoHome Brokerage Network at @properties
    James Konrath, Broker
  • Carrie Madej | ChicagoHome Brokerage Network at @properties
    Carrie Madej, Broker
  • Laura Rube | ChicagoHome Brokerage Network at @properties
    Laura Rube, Broker
  • Ben Baran | ChicagoHome Brokerage Network at @properties
    Ben Baran, Broker

WaukeganIlHomes.com

Text/Call ●312-361-8336
Info@ChicagoHome.com
@properties, Chicago, IL 60614

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Waukegan Expert:

Carrie Madej | ChicagoHome Brokerage Network at @properties
Carrie Madej, Broker

847-431-7300
Carrie@ChicagoHome.com

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