Ultimate Guide to Buying a Home in Illinois
Buying a home in Illinois is an exciting journey, but it can be complex. Our step-by-step guide simplifies the process from assessing your finances and finding a real estate agent to making an offer and securing financing.
FHA Loans vs. Conventional Loans
FHA loans are easier to qualify for and require lower down payments but come with mortgage insurance. Conventional loans need higher credit scores and larger down payments but can skip insurance with 20% down.
What are Discount Points?
See how discount points affect your mortgage payments and find out if they are right for you
Must Know Real Estate Terms for Buyers in 2024
Understanding the 1% Equals 10% Rule for Mortgages
How much do mortgage rates affect your purchasing power?
Essential Homebuyer Tips for Viewing Homes in 2024
Learn what to do and what not to do when you go on home tours as a new homebuyer.
How to Navigate Real Estate Contingencies Successfully: Tips for Homebuyers
Learn about the most common real estate contingencies that you are likely to come across in your residential real estate transactions.
Everything You Need to Know About Home Buying Paperwork in IL
Here are all the documents you need to gather and understand as you look to purchase real estate in Illinois.
How to Buy a Home in a Seller’s Market
Maintain your composure and follow these tips to buy a home when the market is not in your favor.
What is Private Mortgage Insurance?
Private Mortgage Insurance (PMI) is a type of insurance policy that lenders require when a homebuyer makes a down payment of less than 20% of the property's purchase price.
Explaining Appraisal Gaps and Escalation Clause
While the terms appraisal gap clause and escalation clause may seem scary at first, they give buyers a competitive edge in the real estate market!
Things to Look for When Buying a House
These are the things you need to consider when buying a home in Illinois, written by experts in the field.