HOME BUYING GUIDE
TABLE OF CONTENTS
Working with Us
Why Hire a RealtorÂŽ
Finding your perfect home
3 things to know
Needs vs wants
Financing your home
Each office is independently owned and operated.
IT STARTS WITH, YOU. Through listening, honesty, and hard work weâ€™ve earned the title of #1 company for Customer Service and #1 Referral Network. Our focus is on your happiness. We want you to have a delightful home buying experience. The kind you tell your friends and family about for years to come. If you are thinking of buying a home within the next 6 months or ready to make a purchase now, rely on us. We will make your dream of homeownership a reality.
WE PUT YOU FIRST 1
YOUR HOME SEARCH IS POWERED BY THE #1 BROKERAGE IN THE U.S.
PARTNER WITH THE BEST. GET THE BEST RESULTS.
#1 in REAL ESTATE UNITS SOLD, SALES VOLUME, AND AGENT COUNT
TOP FRANCHISES FOR
Veterans TRAINING MAGAZINE
TOP 10 HALL OF FAME INDUCTEE
#1 in customer Service
ONE OF THE worlds Best employers for Women.
#1 Happiest Places To Work
BEST EMPLOYERS FOR
A GLOBAL POWERHOUSE
Our agents have a presence in over
With 450+ agents and administrative
70 Chicagoland neighborhoods, in
associates, we prioritize efficiency
residential and in commercial real
and communication. We have eyes on
estate. This connection to our city
homes as soon as they hit the market,
and suburbs is why we are able to
giving you an advantage in your home
find homes everywhere.
Our Mission is to provide you with a happy home buying experience through unparalleled service.
We do this By: Listening Advising Communicating & Hard work
860 HOURS OF SERVICE
1,000+ HOME BUYERS
Giving back to our community is a
In 2020, we helped 1,000 families buy
large part of the KWONEchicago
a home that matched their budget
culture. This year alone our agents
and specific needs. Along the way,
donated more than 860 hours of
we developed relationships of mutual
active service to Chicago-land
respect and appreciation, leaving a
lasting positive impact on everyone.
WHY HIRE AN AGENT HIRING AN AGENT COST YOU NOTHING. The cost of hiring an agent is zero. Thatâ€™s because an agent earns a commission from the seller(s), not the buyers. Why should you hire an agent? Because we serve as your real estate advocate from start to finish. We find you homes that fit your budget and criteria. We provide relevant market data, industry knowledge, and the experience to empower your home buying decision. We negotiate on your behalf all the way to the closing table. We smoothly navigate you through the complexities of each step with clear communication. We provide comfort and confidence in what is likely the biggest purchase you will make in your lifetime.
In the wake of COVID-19, we have adapted our processes to promote the safety and well-being of every client, agent, buyer, and vendor.
TAKE COMFORT IN A SAFE AND SUCCESSFUL HOME BUYING PROCESS.
Custom MLS Search Based on your criteria, we will customize an MLS search. If you have questions about a particular home, we will provide answers. Next, we can setup home tours based on your level of interest.
Ear to the Ground With access to 200+ online resources itâ€™s easy to find homes that match your needs. We also employ social media, and various apps, not to mention our connection to the Private Network. The Private Network is host to homes for sale that are not publicly listed on the MLS.
Neighborhood Calls We stay alert for people who want to sell their home. We even call homeowners to let them know we have a buyer looking in their area. This strategy often gives our clients a head start over other prospective buyers.
FINDING YOUR PERFECT HOME 7
THE HOME BUYING PROCESS
EVERY STEP OF THE PROCESS WE ARE HERE FOR YOU
EVALUATE YOUR NEEDS CLOSING PAPERWORK
DETERMINE TIME FRAME GET PRE-APPROVED / DISCUSS BUDGET
FINAL WALK - THROUGH
REVIEW HOMES CLEAR TO CLOSE
TOUR HOMES TITLE WORK & APPRAISAL
MAKE A SELECTION INSPECTION, MORTGAGE, & ATTORNEY PROCESS
Begin Packing Book Movers
SUBMIT & NEGOTIATE OFFER
If offer is rejected, go back To reviewing homes. 9
3 THINGS EVERY HOME BUYER SHOULD KNOW
PRO TIP #1: Connect with a RealtorÂŽ 6 months before you start your home search. They will provide expert guidance on a home mortgage and market trends.
#1 - Your needs Having a clear vision of your needs will help ensure your home has your essential musthaves on your checklist. It will also help you formulate a budget.
#2 - Your wants If you do not need it, as in it is not something you must-have, put it in the category of a ‘want’. Creating a needs vs wants list will provide greater results in getting you into a home that fits your budget and needs.
#3 - Your budget Getting pre-approved for a home mortgage is advised. It’s important to know what you qualify for and what you are willing to spend on a home. This will empower you to make the wisest decision when placing an offer.
PRO TIP #2: Need a home loan? We can connect you with the best mortgage broker to match your unique situation (first-time buyers, veterans, FHA, etc).
THINGS YOU WOULD LIKE TO HAVE & THAT ARE NOT EASY TO CHANGE.
THINGS YOU WOULD LIKE TO HAVE & COULD BE CHANGED OVER TIME
Number of rooms
Paint and carpet
Garage or storage area
Deck, pool, hot tub
Specific style of home
Remodeled kitchen or baths
Age of mechanicals
Fireplace or wood stove
Updated wiring & plumbing
YOUR NEEDS VS. YOUR WANTS 12
FINANCING YOUR HOME Pre-Approval
In a competitive market, like
Getting a home loan takes on
Chicago-land, mortgage pre-
average 60 days. Though it can
approval can keep that home you
be a shorter amount of time, like
have your eye on from being sold
30 days, for others it can take
out from under you while awaiting
upwards of 3-months, depending
on the market and your particular financial situation.
On average, 3% to 20% is required
The range of closing costs varies
for a down payment. However,
per home purchase, depending
a sizable down payment is
on the price, location, and even
considered a stronger offer but is
the lender. However, the average
not necessarily required.
closing costs is 6% of the purchase price.