Are You A New Buyer?
Don't get marooned while buying your new home! Follow the steps below.
📈 Plot Your Course 📉
Prior to setting sail for a new home, recruit an expert crew and get pre-approved.
Recruit An Expert Crew
Choosing the right real property advisors to guide you through the real property transaction is more important than picking a color!
Buying real property is real serious business! As a home buyer, you stand to lose large amounts of ⏰ time and 💵 money.
We've helped hundreds of people in Chicago, & the North Shore, and we can help you too.
Pre-Approval
The top mortgage lenders in our area can assess your financial situation and write a letter of pre-approval.
A pre-approval letter proves that you are a serious buyer—and this letter indicates that you are NOT likely to abandon ship in case of a financial storm, which gives the seller confidence in the transaction.
🍌 Establish Provisions 🍉
Your wishlist may include a lot of things, such as:
- Lifestyle
- Budget
- Location
- Space
- Features
- Amenities
However, transactions do involve compromise, so be prepared to adjust your sights.
Be concerned with adequate coordinates and living quarters, before anything else.
Coordinates
📡 What must be near you?
- Schools
- Transportation
- Neighborhood Amenities
Living Quarters
👑 What type of space?
- Loft
- 2-Flat
- High-Rise
- Townhome
- Fixer-Upper
- Condominium
- New Construction
- Single Family Home
⛵ Set Sail, And Start Looking ⛵
Your provisions will be used against our database to reveal potential matches.
We will meet in person to look at these and discuss your candid feedback.
Your expectations and the marketplace must converge—if not, this will become apparent, and we will course correct in search of better parameters.
⚓ Drop The Anchor ⚓
So, You Think You've Found The One!?
Getting Ready
Typical buyers preview about 10-50 properties before making an offer.
If you find one you absolutely love, someone else probably loves it too. 💔
Don't worry—we're in a good position to fight for you, and we've got big cannons!
Taking Aim
To laser-focus on a target property, we use a Comparable Market Analysis:
Comparable Market Analysis (CMA) compares similar homes in the same school district within a half-mile radius. "Comparables" are homes that are currently on the market, or that have closed in the last six months.
CMAs help inform you about how certain properties stack up against each other.
Fire! 💥
You pull the trigger on how much to offer, and we fire off a contract for you.
This contract will include the pre-approval letter mentioned before.
The goal of the contract is to get you a great deal while also ensuring you win.
Counterattacks
Your transaction may involve both negotiation and counter offers before all parties are satisfied.
🚧 Home Inspection 🚧
Inspection of the property by a licensed home inspector protects you against structural and material defects that are not detectable in a casual walk-through.
We work with inspectors to inspect everything including the electrical panel, outlets, furnace/boiler and AC compressor. The windows, doors, and floors are also inspected, while the kitchen and bathroom fixtures are checked for functionality.
📝 Attorney Review 📝
Attorney review is a one-week period, in which your attorney can review the contract and suggest alterations. Alterations will usually focus on the language of the contract in an attempt to protect you from any undue obligations.
We help you and your attorney to navigate any home inspection issues.
🎊 Closing 🎊
Once your anchor is set, you will find yourself at the closing table! ⚓
To ensure that your anchor doesn't come loose, we will continue to work diligently with you, your lender, your attorney, and the seller's agent to close the transaction.
✨ We hope that you 💖 your new home! ✨