Ease The Buying Anxiety
Buying a home in or near Chicago doesn’t have to cause anxiety. With a good real estate agent and a knowledgeable Chicago real estate lawyer on your side, you’ll find that buying a home in the Chicago area can be almost anxiety-free. Here are several recommendations for prospective homebuyers:
1. Find an agent and a real estate lawyer you get along with and personally trust. Homebuying is not only a big financial commitment; it’s also an emotional commitment. It’s imperative that the agent and the lawyer you choose are skilled professionals and a good fit with your personality, too.
2. It’s natural to want reassurance, but don’t seek everyone’s opinion. Too many conflicting opinions will only make decision-making tougher.
3. There’s no such thing as a “right” time to buy, any more than there’s a right time to sell. If you find a home that you like, don’t second-guess the market by waiting. A desirable home won’t be available for long.
4. Your home is part of a community. Don’t obsess on the house itself and forget about traffic, noise levels, and other neighborhood matters that will impact you.
5. Get approved for a mortgage, investigate insurance availability, and consider a schedule for moving. Don’t wait until you’ve found a property and made an offer. An offer that’s contingent on unresolved matters usually isn’t attractive to sellers.
6. Everyone feels some buyer’s remorse. Accept that every home has disadvantages as well as advantages. Buying a home is a huge commitment, so remember the long-term benefits.
7. Assume that there will be some in maintenance and repair costs in your post-purchase budget. Even in a new home, there will be some inevitable costs. Underestimating those costs might mean that your home immediately begins to deteriorate.
8. Choose a home for one reason: because you love it. Put financial concerns second. If your home isn’t a comfortable and safe place to live, appreciation and property value are small consolations.
9. Make sure all of the closing documents and other paperwork is reviewed by an experienced real estate lawyer. If you decide to purchase a property in the Chicago area, the very first thing you should do is obtain the help of a knowledgeable Chicago real estate lawyer and a good Chicago real estate agent.
