Receive MLS Listing of Chicago Homes First

Why utilize a real estate agent^® while purchasing Chicago homes?

A realtor can help you realize everything you want to know about the homes purchasing process.

Not all real estate licensees are equal; only those who are members of the NATIONAL ASSOCIATION OF REALTORS^® are properly called REALTORS^®. They with pride display the REALTOR " ^®" trademark upon their business cards and other marketing and sales literature.

REALTORS^® are dedicated to treat all parties to a transaction honestly. REALTORS^® subscribe to a strict Code of Ethics and are asked to preserve a higher degree of knowledge of the technique of purchasing and marketing Chicago Homes. An independent survey described that 84% of home buyers would employ the same REALTOR^® over again.

Chicago homes transactions call for one of the largest financial investments of most people’s lifespan. Transactions today commonly surpass $250,000. If you had a $250,000 income tax problem, would you seek to deal with it without the assistance of a certified professional accountant? If you had a $250,000 legal question, would you deal with it without the assistant of an lawyer? Looking at the tiny upside monetary value and the enormous downside risk, it would be wise to operate with a professional REALTOR^® when you are buying a home.

If you are still not confident of the economic value of a REALTOR^®, here are added rationalities to employ one:
Your REALTOR^® can help assist you determining your buying power - that is, your financial reserves plus your borrowing capacity. If you give a REALTOR^® some basic information about your available savings, income and current debt, he or she can refer you to lenders best qualified to help you. Most lenders - banks and mortgage companies - offer limited choices.

Your REALTOR^® has many resources to assist you in your Chicago homes search. Sometimes the property you are seeking is available but not actively advertised in the market, and it will take some investigation by your agent to find all available properties.  Realtors utilize local computerized mutiple listing service and other tools to help you be the first to know when a mls listing first hits the market.

Your REALTOR^® can assist you in the selection process by providing objective information about each Chicago homes. Agents who are REALTORS^® have mls listing access to a variety of informational resources. REALTORS^® can provide local community information on utilities, zoning, Chicago area schools, etc. There are two things you'll want to know: First, will the property provide the environment I want for a home or investment?  Second, will Chicago homes have resale value when I am ready to sell?

Your REALTOR^® can help you with negotiations and inspections. There are many negotiating factors, including but not limited to price, financing, terms, date of possession and often the inclusion or exclusion of repairs and furnishings or appliances. The purchase agreement should allow time for you to complete appropriate inspections and investigations of the property before you are bound to complete the purchase. Your agent can advise you as to which investigations and inspections are recommended or required.

Your REALTOR^® provides due diligence during the property evaluation. Depending on the area and property, this could include inspections for termites, dry rot, asbestos, faulty structure, roof condition, septic tank and well tests, just to name a few. Your REALTOR^® can assist you in finding qualified responsible professionals to do most of these investigations and provide you with written reports.

You will also want to see a preliminary report on the property title. Title indicates ownership of property and can be mired in confusing status of past owners or rights of access. The title to most properties will have some limitations; for example, easements (access rights) for utilities. Your REALTOR^®, title search company or attorney can help you resolve issues that might cause problems at a later date.

Your REALTOR^® can help you understand different financing options and identify qualified lenders.