Determine what your budget is and do some internet searching to see areas you like and what homes fit your budget.
Do not just go with the broker your parents used. Do research. Look for good reviews and a good presence in the industry and area you are looking at. Your broker can give you insight on what a neighborhood is like, what schools are nearby and what spots only the locals know.
I cannot stress this one enough. A pre-approval will tell you how much the bank is willing to give you and where your budget is. This is absolutely crucial to home buying. Have this done before you call a broker, they will love you for it.
Your lender drives the train for a lot of your real estate transaction. Sure, your lawyer is there with you side by side; however, if you want to meet your contract close date, you have to get your lender everything they need.
On the date of Closing you should bring:
Niko Law LLC is an Illinois law firm. As the firm practices law in the State of Illinois, only, this website and/or e-newsletter focuses upon that jurisdiction, only. Please keep in mind Niko Law LLC does not guarantee results and that law can vary dramatically from state to state, county to county, and it is not reasonable to assume that law in other jurisdictions will be the same as, or even similar to, Illinois law.
This e-newsletter should not be construed as legal advice, nor used in lieu of a lawyer.
For questions regarding your specific situation, please contact Niko Law LLC at 708-966-9388.
Mar
Make Selling Your Home a Breeze! When selling a home, there are several important tasks that sellers should undertake to maximize their chances of a successful sale. Here are some key tasks for sellers when selling a home: Determine Your Selling Strategy: Decide whether you will sell your home independently as a “For Sale By […]
Mar
When purchasing a home, there are several important tasks that buyers should undertake to ensure a smooth and successful transaction. Here are some key tasks for buyers when purchasing a home: Determine Your Budget Assess your financial situation and establish a realistic budget for purchasing a home. Consider factors such as your income, expenses, savings, […]
Feb
When it comes to navigating the complex world of real estate transactions, having a competent legal professional by your side can make all the difference. While there are many options available, choosing a local real estate lawyer offers unique advantages that can greatly benefit you throughout the process. In this blog post, we will explore […]