Many first time buyers do not put 20% down. Many first time buyers put between 5% and 10% down. There are some closing costs to be aware of and you will want to keep some cash on hand for your life after the closing.
Can I Really Afford a Home in Chicago?
If you’ve been living and working with future homeownership in mind you’re likely in good shape. Focusing on what a good monthly payment would be and how that aligns with the properties that interest you will shed light on whether it’s a good time for you.
How Hot is the Market?
Every neighborhood is different and every pricepoint within that neighborhood varies as well. Once we identify what’s currently happening in your areas of interest we put together a plan to solidify our expectations. Chicago as a whole has a very healthy real estate market and demand is not slowing down.
What do I do First?
Are your finances solid? Have you thought about what’s most important in your search for a home? Are you pre-approved or thinking about it? Do you have an ideal timeline in mind? That’s when it’s time to bring in the professionals.
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