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Home Buying Made Simple Illinois

Take home buying step-by-step to help eliminate anxiety

Local Companies

James W. Klopfenstein & Associates, Inc.
(309) 673-9111
320 E. Jackson
Peoria, IL

Suburban Village Realty
(847) 337-9236
Barrington, IL

RE/MAX Market
708-254-5815
8728 S. Archer Ave
Willow Springs, IL

RE/MAX Signature North
(847) 863-5295
5135 N Ravenswood
Chicago, IL

Flat Fee MLS
847.543.7822
921 cambridge drive
grayslake, IL

Rent Smart Chicago
(773) 275-2700
5650 N Broadway
Chicago, IL

A Plus Home & bUILDING iNSPECTIONS, iNC.
815-941-2345
749 E. Washington St.
Morris, IL

Prudent Home Inspection
618 334 5785
PO Box
Bethalto, IL

A Plus Home & Building Inspections
(815) 941-2345
749 E. Washington
Morris, IL

Simply Staged Inc.
815-979-3027
Home Stager - Rockford IL
Byron, IL

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Buying a home, especially your first home, can be downright intimidating. After all, it’s likely to be the single largest purchase you’ll ever make. Plus, before you seal the deal, you’ll have to take care of a ton of tiny details.

The key to reducing stress is to take it one step at a time.

1. Review your financial situation to determine what you can afford.

2. Check your credit rating.

3. Create a budget.

4. Keep tabs on interest rates and different financing options.

5. Get pre-approved for a mortgage.

6. Brush up on the local housing market. Study current and historical prices in the neighborhood you’re scouting. While you’re at it, investigate different home construction and maintenance options so you know what everything costs.

7. Interview REALTORS®. Hire one you feel comfortable with and who has a good track record in the neighborhood you are interested in.

8. Make a list of your requirements. It will help you stay focused and eliminate homes that may look great but don’t meet your needs.

9. Shop around for the best mortgage -- consider both interest rates and terms.

10. Make an offer (contingent on a home inspection) and negotiate a final price.

11. Get a home inspection and appraisal.

12. Secure home insurance.

13. Close the deal.

14. Hire movers, move in and enjoy your home sweet home!

Published on January 11, 2007

Read full article at realestate.com

Featured Local Company

James W. Klopfenstein & Associates, Inc.

3096739111
320 E. Jackson
Peoria, IL

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Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History