The Buying Process

YOUR HOME-BUYING TEAM WILL CONSIST OF:
• YOUR REALTOR
• YOUR MORTGAGE BROKER
• YOUR INSPECTOR
• YOUR ATTORNEY.

All members on your team work on your behalf to help you reach your goal.

Following are the basics involved in buying a home

1. Decide to buy. You’re sick of lining someone else’s pocket with your rental dollars and would like to start building your own equity and securing your own future – IT’S TIME TO BUY.
2. Explore the Market. Since you’re reading this, this is probably the stage you’re at now. We will guide you through what type of property you want and where you want to live. Enroll in our FREE property search system to view listings from the MLS Realtors use and get notified when new properties that match your criteria come to market. Contact us to discuss you ideal home and neighborhood. We will help direct you to the most appropriate areas for your needs.
3. Get Prequalified. How much home can you afford? Find out with our easy mortgage calculator. Get prequalified with a mortgage broker for an “official” amount. All it takes is a 15 minute phone call!
4. Research and Tours. The GreatChicagoRealEstate.com team of experts has many ways of providing you with information. We can send listings to you via e-mail, direct mail, fax or we can even set up a custom web-page for you to which are posted listings that fit only your criteria, price range and area. This service is your own direct access to the Multiple Listing Service that is only accessible to Realtors. When you determine the properties you would like to view, we will schedule your custom property tour.
5. Make an Offer. You found the perfect place! We will write–up your offer to purchase, advise you on a reasonable offer price and negotiate the offer to acceptance on your behalf. Once accepted, we will track all necessary deadlines for you through your closing and after.
6. Choose your Attorney and Property Inspector. We will advise you on who to use, what they do for you and associated costs. We will accompany you on your inspection and negotiate any potential inspection issues. We will also manage all aspects of attorney review to approval.
7. Close and move in! Along with your attorney we will accompany you to your closing to make sure everything goes smoothly and to provide any necessary documentation.